Supply chain News and trends

Supply chains generate around 60% of all carbon emissions globally. For e-commerce retailers looking to reduce their impact, it’s an obvious and crucial place to start. Whether legislative or political, brand, stakeholder or consumer-driven, there’s pressure from all sides for e-commerce businesses to improve sustainability across the supply chain. Put simply, the stakes couldn’t be higher.

Via EcoVadis

The logistics giant Maersk will order eight new ocean-going ships that will use only carbon-neutral fuels to hit its net-zero goal by 2050. While it will be a more expensive endeavor than traditional vessels that run on fossil fuels, it is in line with what its customers want. They include: Amazon, Disney, H&M Group, HP Inc., Levi Strauss & Co., Microsoft, Novo Nordisk, The Procter and Gamble Company, PUMA, Schneider Electric, Signify, Syngenta, and Unilever. More than half of Maersk’s 200 largest customers have set – or are setting – ambitious science-based or zero-carbon targets for their supply chains.

Via EcoVadis

The recently concluded United Nations Climate Conference (COP26) brought supply chain sustainability into the forefront once again. To keep global warming within 1.5 to 2 degrees Celsius, global emissions must be cut by 7.6% each year till 2030.

The transportation and logistics industry, which contributes 17% to global greenhouse gas emissions, has a pivotal role to play in keeping global warming under check. By focusing on sustainability, logistics can empower enterprises to reduce their carbon footprint and prove to be a game-changer in battling climate change.

In its 2021 State of Supply Chain Sustainability report, the MIT Center for Transportation and Logistics defines supply chain sustainability as the management of environmental and social impacts within and across networks consisting of suppliers, manufacturers, distributors, and customers in line with the UN Sustainable Development Goals.

Via EcoVadis

Effective immediately, all Jungheinrich sites in Germany, including the company’s six German production plants, will operate exclusively on green power, the maker of lift trucks announced today.

The company added that the transition of its foreign branches and plants to green electricity will follow. At the same time, Jungheinrich has begun to generate its own solar power and is gradually equipping its sites with photovoltaic systems for this purpose.

Via EcoVadis

With a sharp eye on the future, Deutsche Post DHL Group announced this week it has rolled out an $8 billion (USD) roadmap focused on what it is calling the planned decarbonization of the company, through 2030, focusing on climate-neutral logistics.

DHL said that this investment will be allocated towards both operation expenses and capital expenses on various fronts, including

1. alternative aviation fuels;
2. the expansion of the zero-emission e-vehicle fleet; and
3. climate-neutral buildings

Via EcoVadis

With businesses being increasingly urged to reduce their carbon emissions and adopt more sustainable business models, the logistics and transportation industry is under tremendous pressure to follow suit, and for good reason.  According to the Sustainable Freight Buyers Alliance (SBFA), freight transport accounts for 8 per cent of global CO2 emissions. By 2050, direct CO2 emissions from the logistics sector is set to rise by 42 per cent.

The alliance, a bridge between freight buyers and freight decarbonisation initiatives to support the industry’s transition to net-zero freight transport, states that decarbonising freight transport is critical to achieving the global goals of net-zero greenhouse gas emissions by 2050.

Via EcoVadis

The third revolution in the movement of goods and services now is at hand with the new emphasis on sustainable delivery that conserves resources and pays heed to the societal impact of freight transport, says Automotive Futures Managing Director Bruce Belzowski.

Via EcoVadis

With a supply chain that extends to over 60 countries, Dow views supply chain sustainability as a key enabler of our overall corporate sustainability strategy. That’s why we have made incorporating circular solutions into our supply chain a priority. By identifying and implementing ways to cut waste and save resources, we can extend the life cycle of the materials and work toward a low-carbon future.

This cannot be done alone. Such efforts require collaboration with our suppliers, customers and logistics service providers.

Via EcoVadis

Memphis-based global freight transportation and logistics services provider FedEx announced this week it is making a $2 billion investment in order to have carbon-neutral operations by 2040, which it said will be focused on by initial investments in vehicle electrification, sustainable energy, and carbon sequestration.

Via EcoVadis

According to a report by Kroll and The Economist Intelligence Unit, 17% of companies experienced some type of vendor, supplier or procurement fraud in 2015. While fraud is one of the more extreme examples of supplier management complications, the manufacturer-supplier relationship is notoriously fickle and can result in serious issues if attention and care is not reciprocal from the beginning.

Via EcoVadis

From moving processes to the cloud to drone delivery, the procurement, logistics and distribution field has been subject to constant disruption and innovation. Between the explosion of tracking and sensor technologies, the shifts toward artificial intelligence-based just-in-time resource management and provisioning, everything is moving at lightning speed. Companies are using artificial intelligence (AI) to reduce expenses …

Via Brian Yanish - MarketingHits.com