What is Accountability?
Accountability in a business context refers to the principle that individuals and organisations are responsible for their actions and decisions and must be able to account for them to stakeholders. It involves transparency, ethical behaviour, and a commitment to reporting and explaining outcomes.
Related terms
Chain of Custody
Chain of Custody (CoC) refers to the process of documenting and verifying the sequence of custody and control over materials and products within a supply chain.
UK Environment Act
The UK Environment Act is landmark legislation designed to address various environmental issues within the United Kingdom, including air and water quality, waste management, and biodiversity restoration.
Digital Twin
In supply chain management, digital twins can model and monitor supply chain operations, predict outcomes under various scenarios, and optimise performance.