Subscribe to our free, weekly email newsletter!


Engaging With Suppliers to Meet Supply Chain Sustainability Goals


May 10, 2012

As companies advance their sustainable development initiatives into the extended supply chain, their suppliers become a crucial source of information and market expertise. Consequently, suppliers are under increasing pressure to participate in these programs. How best to involve trading partners in green supply chain projects and develop mutually beneficial relationships is an urgent challenge for enterprises worldwide.

According to the Carbon Disclosure Project (CDP) in its 2012 Supply Chain Report , “suppliers that do not measure, quantify, and manage their greenhouse gas emissions will soon see their business move to competitors that can provide better information and clearer evidence of change.”

Of the 50 CDP Supply Chain member enterprises surveyed in the report, some 62% reward suppliers with good carbon management practices, up from 28% in 2010. Moreover, 39% of these member organizations “will soon begin deselecting suppliers that do not adopt such measures,” says CDP. This compares to 23% of member organizations in the previous report. Even though the CDP sample is biased toward environmentally aware organizations, there is “growing momentum for supply chain engagement,” CDP asserts.

image

Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

While the economy has seen more than its fair share of ups and downs in recent years, 2014 is different in that it could be the best year from an economic output perspective in the last several years. That outlook was offered up by Rosalyn Wilson, senior business analyst at Parsons, and author of the Council of Supply Chain Management Professionals (CSCMP) Annual State of Logistics Report at last week’s CSCMP Annual Conference in San Antonio.

Matching last week, the average price per gallon of diesel gasoline dropped 2.3 cents, bringing the average price per gallon to $3.755 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).

A number of key topics impacting the freight transportation and logistics marketplace were front and center at a panel at the Council of Supply Chain Management Annual Conference in San Antonio last week.

The relationships between third-party logistics (3PL) service providers and shippers are seeing ongoing developments due in large part to the continuing emergence and sophistication of omni-channel retailing. That was one of the key findings of The 19th Annual Third-Party Logistics Study, which was released by consultancy Capgemini Group, Penn State University, and Korn/Ferry International, a global talent advisory firm.

Optimism in the form of increasing profits was a key takeaway in the Annual Survey of Third-Party Logistics (3PL) CEOs, released earlier this week at the Council of Supply Chain Management Professionals (CSCMP) Annual Conference in San Antonio.

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA