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In today’s interconnected global economy, sustainability within supply chains and logistics has become a necessity rather than an option. Regulatory demands, rising consumer expectations, and global challenges such as climate change and social inequality have made sustainable practices a strategic priority.
The transition to renewable energy and the adoption of sustainable practices are now essential for reducing environmental impact, ensuring regulatory compliance, and maintaining competitiveness. Retrofitting existing infrastructure with energy-efficient technologies further enhances sustainability efforts.
The synergy between warehouse robotics and rooftop solar energy presents a compelling opportunity for warehouses to enhance operational efficiency, cost savings, and sustainability. This aligns with corporate sustainability goals and helps companies meet regulatory requirements related to emissions and energy consumption.
Discussing sustainability in today’s politically-charged business environment is tricky. Sustainability is all about the future — the future of business and the future of the planet. In an introduction to the study, the authors noted, “The supply chain sustainability journey is a long one, and it contains multitudes.”[1]
In the face of volatile macroeconomic conditions and other complex challenges, supply chain and procurement pros must strike a tough balance between seemingly contradictory demands: boosting performance and sustaining and extending business operations, all while meeting customers’ needs.
For many companies, this process begins with an overhaul of their manufacturing processes, looking at ways to promote sustainable manufacturing. Sustainable manufacturing is one step in the process of building sustainable supply chains. What exactly is sustainable manufacturing? Not all emissions are created equally.
From balancing cost-efficiency with ethical sourcing to enhancing transparency and integrating corporate social responsibility (CSR), businesses face mounting pressure to align their operations with sustainability, technology, and energy practices. The energy sector provides a compelling example of CSR-driven compliance.
Supply chain sustainability can mean a lot of things to a lot of people. As I have written about before, supply chain sustainability , or the notion of going green, is a hot topic as companies and countries look at their overall carbon footprint and look for ways to be more environmentally friendly. UN Sustainable Development Goals.
Sustainable Shared Transport Inc. SST, established on May 21, 2024, aims to build a sustainable supply chain through this platform, which utilizes standardized pallet transportation (physical) and standardized information exchange (digital). SST), a subsidiary of Yamato Holdings Co.,
Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions.
The notion of going green is a hot topic as companies and countries look at their overall environmental impact and search for ways to be more sustainable. However, supply chain sustainability can go well beyond these initiatives. So, what can companies do to get started on a sustainability journey?
Aside from creating products that have sustainable benefits, Siemens has increased the value of their offerings by focusing on the traceability and data verification of their products. They are working on combining the real and the digital world as they believe digitalization is a key enabler for sustainability.
Corporate Knights also ranked the company the most sustainable company in its peer group and the 7 th most sustainable company overall. Resilience and Sustainability Have Increased in Importance Finance is still a key stakeholder. Supply chain design can be a valuable tool for driving sustainability.
Almost 69% of businesses fear they’ll lose 10% of their revenues in 2022 due to supply chain disruptions, according to a GEP sponsored report from The Economist. How can companies mitigate risks and build supply chain resilience? Find out how!
As we reflect on the past year, the logistics and supply chain industry has undergone significant transformations, driven by technological advancements, evolving market demands, and a renewed focus on sustainability.
As the industry expands, there is an increasing need to implement sustainable practices throughout the supply chain to reduce environmental and social impacts while ensuring long-term viability.
The initiative aims to ensure full-chain traceability for all seafood and aquaculture feed ingredients, aligning with regulatory measures and sustainability goals. Despite recognizing these risks, only two companies have comprehensive traceability commitments.
This ambitious initiative is set to transform various aspects of the supply chain, from manufacturing and job creation to research and development, infrastructure upgrades, and sustainability efforts. Sustainability Initiatives Apples commitment to sustainability is a core component of its investment plan.
Supply Chains have 3 key priorities: building resiliency, reducing costs and driving ESG performance. Read the new GEP-sponsored report by Harvard Business Review Analytic Services for strategies and digital solutions to achieve these goals.
Designed to address the growing need for sustainability, compliance, and performance optimization in the battery industry, MOBIUS+ aims to revolutionize the way batteries are managed from production to recycling.
In todays world, sustainability is no longer a nice-to-have but a necessity for businesses across all industries. As companies increasingly recognize the importance of minimizing their environmental impact, logistics providers are stepping up to meet the demand for greener, more sustainable solutions.
Are they meeting consumers’ home delivery expectations, whether that’s affordable delivery, specific time windows, or sustainable options? With these considerations in mind, how are ecommerce retailers gearing up to manage the deluge of peak season shipments?
For supply chain and procurement pros, cost reduction is a top priority today. This timely new paper from GEP explores powerful and effective digital levers that can help you to slash costs and create more value for the business. Read it now.
Supply chain sustainability has become a very hot topic, but for a lot of people, there is uncertainty around its meaning. However, sustainability in logistics goes well beyond these initiatives, especially when we begin to look at energy transition. A recent ARC survey looked at reasons to address sustainability.
Facilitates Sustainability Reporting and Environmental Compliance Goals ESG (environmental, social, and governance) reporting and compliance are growing in importance and yet many organizations are struggling to collect and connect data from some of these new sources.
“By joining forces with mesur.io, we are uniting two powerhouse teams with a shared commitment to building a safer and more sustainable – and more profitable – future for global trade. . “This is a pivotal moment for our industry and our teams,” said Karyl Fowler , CEO and Co-Founder of Transmute.
This, in turn, can help businesses turn conflicting demands and constraints into growth opportunities to increase sustainability and profitability. Being sustainable with a large crowd What does it mean to be sustainable, especially in the face of a big event?
CPOs are now being measured on sustainability targets. This GEP-sponsored Supply Management Insider guide breaks down the data barriers to meeting sustainability goals. How can they meet this new challenge?
preserves that increased margin through end-of-the-season discounts while maximizing sustainability. By adopting dynamic pricing now, retailers will be able to react to changing costs, shifting demand, and market downturns or inflation in a way that preserves profits. Additionally, Markdown.io
This article comes from Joan Lim, Senior Manager, Product Marketing at Oracle and looks at the intersection of autonomous supply chains and sustainability. When it comes to sustainability , what does this mean? To read the full article and learn more about supply chain management sustainability click HERE.
Organizations must take the following steps to bring departments together to create truly resilient and sustainable supply chains: Leverage external data to sense market shifts Look to external causal factors and forecasting models to identify market shifts. By identifying these gaps, you can create sourcing events to close them.
With a growing emphasis on sustainability, supply chain models need to become more granular. However, supplier components in a bill of mate-rial, facility, and transportation assets used in supply models should more fully incorporate sustainability data. Most planning applications dont use knowledge graphs.
Sustainability is no longer a “nice to have.” It’s a must-have. Consumers can see through brands’ green-washing. Here are the biggest and easiest opportunities for shippers looking to "green up" their shipping footprint.
Tom is an entrepreneur, sustainability expert, technology executive and all-around thought leader. He explains how reducing emissions and making operations more sustainable can lead to cost savings and improved profitability. Tom Raftery and Joe Lynch discuss triple bottom line logistics.
By embracing collaboration, real-time data, and a focus on sustainability, companies can build resilience, improve margins, and gain a competitive edge. Optimize Carbon (Scope 3): Adaptive supply chains prioritize sustainability. This not only aligns with sustainability goals but also enhances brand reputation.
How Digital Product Passports Help Companies Navigate Emerging Regulations D igital product passports (DPPs) are becoming essential for businesses to navigate emerging regulations on product safety, sustainability, and ethical sourcing.
From engaging with your supply chain to integrating advanced analytics and reporting, this paper charts a clear path to compliance and leadership in corporate sustainability. This is an essential read for anyone committed to making a significant impact on their organization’s sustainability journey. Get it now.
Sustainability concerns also arise, as autonomous and connected systems may require significant energy to operate, potentially conflicting with ISO 14001 standards for environmental management. What’s the The Future Look Like?
The need to blend operational efficiency with sustainability and fiscal prudence has organizations exploring innovative ways to help ‘future-proof’ transportation spending challenges. The benefit of these practices is also sustainability throughout the supply chain.
You cannot sustain that” model. “No We did it because we saved a couple of million dollars. And while the savings hit the bottom line quickly, over time, it erodes physician engagement and, even more importantly, physician alignment.” “You No physician wants to lose their autonomy.
By enabling more accurate inventory decisions across your entire product portfolio, this approach provides the sustainable competitive advantage needed to elevate your supply chain performance from adequate to exceptional.
To achieve sustainability, many firms set lofty net-zero emissions goals. However, meeting them is easier said than done. This GEP whitepaper shows why supply chain leaders should take steps now, and offers an action plan for moving forward.
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