Asda and the Co-op are pioneering a new way of supply chain collaboration, by enabling mutual suppliers to submit aggregated data on waste, water and energy to both retailers at the same time.
The retailers are working with collaboration platform 2degrees to collect the sustainability data.
Under the agreement, suppliers who serve both retailers can submit the data once, indicating their combined data should be shared with both customers.
It is hoped that by eliminating the need for duplicated information, suppliers will be able to spend more time focussing on the delivery of quality products whilst saving on time, money and resources.
Both retailers have seen suppliers benefit from the platforms delivered by 2degrees. The Co-op, one of the founding partners of multi-client platform Manufacture 2030 has already seen a drinks supplier start addressing their carbon footprint through the platform.
Andy Horrocks of Kingsland Drinks, said: “We are looking closely at a case study shared by another drinks supplier on Manufacture 2030, and using it as a model of how this key environmental process could be done, helping us to sell the idea internally.”
Princes Limited is a key supplier to both Asda and Co-op, and has spoken of the benefits of aligned data.
David McDiarmid, Corporate Relations Director at Princes Ltd, commented: “It’s great that two retailers like Co-op and Asda have embraced this approach. With all our manufacturing locations sharing their data between these customers we have cut down duplicated effort, saving time and making the entire process a lot more efficient.
“I hope other retailers will see the benefits of such a collaborative approach and consider it for their suppliers environmental reporting.”
Read more at Asda and Co-op to work together to drive supply chain efficiencies
What have you learnt from this article? Share your thoughts with us in the comment box and subscribe to get updates.
