New customer preferences, investors looking for more sustainable business practices and regulatory bodies focused on fostering a circular economy are key drivers of sustainability innovation. To keep up, you need to implement comprehensive product innovation principles for sustainable creation – without sacrificing significant resources.
With Stibo Systems Platform, you gain a unified data source that enables supply chain transparency and supplier collaboration. Centralized data management is essential to the creation and maintenance of sustainability-related data that supports, enhances and speeds up sustainability initiatives. Ensuring all departments and systems have access to consistent data leads to informed decision making and more sustainable development.
Keeping up with rapidly evolving regulations can be challenging, especially those related to waste reduction and the development of a circular economy.
Recent regulations such as the European Union’s Digital Product Passport and the 2024 Ecodesign for Sustainable Products Regulation are examples of the increased regulatory focus on sustainable innovation and the development of circular products.
Stibo Systems Platform’s data compliance capabilities enable you to adhere to new regulations, particularly across various regions. This ensures greater control over compliance costs, enhances compliance reporting and promotes your company’s social responsibility. It also enables you to execute sustainability-led innovation by quickly responding to regulatory changes that require more sustainable materials or components.
Stibo Systems Platform provides a robust foundation of accurate data related to products, materials, ingredients and packaging that you can use to fuel your AI-driven innovation efforts.
High-quality data fuels an efficient data pipeline for AI. The platform ensures that the data AI is trained on is accurate, reliable and consistent, which can lead to more accurate machine learning models – and better results.
Additionally, leverage metrics and KPIs to track the impact of Stibo Systems Platform in sustainable innovation processes and other company workflows, ensuring your organization can measure ROI.
Managing sustainability across complex global supply chains can be challenging due to the number of stakeholders involved. Limited visibility into suppliers’ practices and their adherence to regulations further complicates sustainable development.
Stibo Systems Platform provides detailed visibility into the supply chain, enabling you to better understand the origins and journeys of materials and products. This insight leads to more precise evaluations of risk level, risk concentration related to suppliers or product categories, and alternative supply sources.
The platform also facilitates better collaboration with suppliers to improve sustainability practices across the supply chain and promote innovation.
Stibo Systems Platform centralizes data management, creating a single repository for all sustainability-related data such as resource usage, compliance information and environmental impact metrics.
The platform’s data governance capabilities ensure data consistency and accuracy, enabling all departments and systems to have access to high-quality data.
This consolidation streamlines sustainability reporting and supports informed decision making.