In today’s rapidly evolving environment, waste management remains an ever-pressing concern. As markets continue to expand and consumer demands soar, the supply chain is central not only to producing waste but also to addressing waste management challenges. The supply chain encompasses the complete journey of a product, from raw material extraction to manufacturing, distribution, and…
As consumers become more focused on the environmental and societal impacts of the products they are purchasing, enterprises of all sizes continue to explore the implementation of Environmental, Social, and Governance (ESG) practices throughout their supply chains. ESG as a term was first coined by the UN Global Impact initiative, in a 2004 study titled…
Sustainability is no passing trend — it remains a key business priority for enterprises of every size. Consumers are paying closer attention than ever to the environmental footprints of the products they use, and the companies they purchase them from. Virtually all major retailers have launched multi-year initiatives to measurably cut emissions and decrease their…
Sustainability in the supply chain is more crucial than ever before. According to McKinsey, global supply chains account for more than 80 percent of greenhouse gas emissions and more than 90 percent of companies’ impact on air, land, water, biodiversity and geological resources. Major retailers such as Costco, Walmart, and Amazon have set ambitious, multi-year…
According to a 2020 report by the Reusable Packaging Association, the global packaging market reached an estimated $950 billion in value, with $200 billion of this market considered transport packaging — half of which can be deemed reusable. The demand for reusables can be attributed to a combination of factors including regulations, public concern for…
When we think of the supply chain, we typically focus on the journey of materials to manufacturers and products to retailers and consumers. Equally important, however, are the logistical processes that go into moving a product from the consumer back to the retailer or manufacturer. Having an efficient reverse logistics plan is crucial to the…