Skip to main content

Posts

Showing posts with the label sustainability

Decoding Supply Chain Sustainability: From Jargon to Action

I'm sure you agree: "You don't know what Supply Chain Sustainability (SCS) means, but it sounds like a good idea." Supply chain sustainability is like saying, "I'm going to start eating healthily" - it sounds great on paper, but when you get down to it, what does "eating healthily" mean? And how do we know if the food is healthy? Sustainable supply chains emerged as a response to consumer demand for better information about the environmental impact of products, such as food and clothing, that they purchase. According to research, 80% of consumers indicate sustainability is crucial to them. Yet another survey from IBM says 57% of CEOs identify unclear ROI (return on investment) as a leading sustainability challenge. Do you know what's the most sustainable thing a company can do? That's right: nothing. Seriously though, that's not a wrong answer—you must be careful about defining "sustainability." The United Nations defines ...

Supply Chain Visibility: The Trashy Reality TV Show You Can't Escape

D o you know those trashy reality TV shows? The ones that you can't get away from? The ones your kids watch on their phones while you try to talk to them about something important? Yeah, those.   And then there's the term "visibility," which is used in the supply chain industry – and it's just as annoying. Admittedly, the audience for visibility isn't as large as for “ Too Hot to Handl e” or “Love Island”. Still, for supply chain industry savvy people, it's also just another term for trash TV that you can't escape.   But here's where things get interesting: there are some pretty consistent parallels between these two types of trashy media. In these broadcast formats, every angle is filmed and tapped - similar to tracking cargo in transit! Every detail of going to the bathroom (including intimate shaving), activities under the covers in the bedroom (and much more) is filmed and recorded seamlessly using "sensors." And because such "ra...

The Carbon Footprint in the Logistics Chain

The news called it a historic agreement, when U.S. President Barack Obama and Chinese President Xi Jinping announced in a historic climate change deal, that both countries would curb their greenhouse gas emissions over the next two decades. The agreement will give confidence to both companies and investors to support clean energy investment and technological innovation that will ensure the necessary capacity to meet or exceed the stated targets. The idea and the objective is not new, but the agreement sends a powerful signal to the business community, which is pushing more forcefully for coordinated policies and clear market signals to deal with climate change. For example: Nike’s environmental goal for logistics and transportation is to achieve a 30% reduction in carbon emissions by 2020. This is a pretty aggressive goal taking into account a growing business. The US-China agreement may supports Nike’s (and other companies’) strategic decision and hopefully encourages m...