
This website uses cookies to improve your experience. By viewing our content, you are accepting the use of cookies. To find out more and change your cookie settings, please view our Privacy Policy.
Winners of this year’s Green Supply Chain award not only kept up green initiatives throughout a global pandemic and unprecedented disruptions, but also made them a priority.
The idea of a sustainable or a “green” supply chain is much different than its definition even just a few years ago. Today, many refer to the significant disruptions in the supply chain as “The Supply Chain Crisis” and its vast reaching issues push consumers and companies alike to rethink their values. The conversation circling the supply chain industry right now centers mostly on reform and resiliency, where sustainability makes an impact.
Supply and Demand Chain Executive’s 2021 Green Supply Chain award celebrates those in the industry that not only kept up green initiatives throughout a global pandemic and unprecedented disruptions, but also made them a priority. In addition to shutdowns, backlogs and the worker shortage, natural disasters created additional havoc for the supply chain in the last year, an element that can be combatted through green initiatives like those that our winners created.
While every consumer, organization and company play a role in the environment, the supply chain is one of the most influential industries regarding sustainability. Thankfully, members in the supply chain know this and develop new, modern strategies to better provide a sustainable future. Issues such as labor welfare, waste reduction and renewable energy became an important part of executives’ values throughout the past year. According to a study from CSCMP and MIT, 59% of supply chain companies invested in sustainability throughout 2020. The companies cited employee welfare & safety, human rights protection and energy savings/renewable energy as the top three concerns in regard to sustainability.
Read the full Supply & Demand Chain Executive article here>>
Selling excess and returned inventory into the secondary market is a sustainable and cost-effective approach to inventory reduction, but it does mean you’ll be dealing with multiple bidders and buyers. Since all parties involved will have their own business interests…