Subscribe to our free, weekly email newsletter!


Shippers embrace new sustainability initiative

Shareholder pressure is forcing publicly-held manufacturers to adhere to the highest levels of sustainability, said industry analysts and experts speaking yesterday a the International Warehouse Logistics Association 2012 Convention & Expo in San Francisco.
By Patrick Burnson, Executive Editor
March 20, 2012

“Going Green” is no longer a choice for supply chain managers – it’s a given.

Shareholder pressure is forcing publicly-held manufacturers to adhere to the highest levels of sustainability, said industry analysts and experts speaking yesterday a the International Warehouse Logistics Association 2012 Convention & Expo in San Francisco.

“As logistics providers we can’t afford to wait for the government or its regulators to tell us how to be responsible corporate citizens,” said IWLA president and CEO, Joel Anderson. “Fortunately, we have not been standing still on this issue.”

That point was reinforced by a panel of comprising shippers, consultants, and academic leaders who addressed association’s “Sustainable Logistics Initiative,” (SLI).

“This is not about ‘tree-hugging,’” said Bruce Carlton, president and CEO of the National Industrial Transportation League. “When the League was asked to partner in this initiative, we recognized that this represents a unique metric-driven breakthrough. It’s an ideal public/private solution to ongoing supply chain concerns.”

Dale Rogers, a professor of logistics and supply chain management at Rutgers Business School, said the “sustainability movement” is where the “quality movement” was decades ago.

“The pressure for quality standards came from investors back in the 1980s,” he said. “And we are seeing the same thing with sustainability today. One need only look at the Dow Jones Sustainability Index to see evidence of this. No major multinational wants to be removed from that list.”

As reported here late last year, Logistics SLI participants – 3PL facilities – report and engage in a rigorous and objective measurement process. Continuous improvement of each facility is the benchmark. The entire process is verified by an outside independent organization, The Sustainable Supply Chain Foundation.

Lisa Harrington and Richard Bank – two foundation directors – said that shippers are now seeking formal recognition of sustainable practices.

“SLI compares apples to apples,” said Harrington. “This is not a ‘one-off’ operation.”

Bank concurred: “Compliance goes right to the bottom line.”

He added that companies engaged with the foundation do not sacrifice trade secrets or operating practices.

“SLI is another check in the box, when it comes to protection of brand and image,” said Bank. “Companies today can’t afford not to have something like this.”

About the Author

image
Patrick Burnson
Executive Editor

Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at .(JavaScript must be enabled to view this email address).


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

Factors such as rising freight rates, shrinking capacity, an increased desire for global supply chain visibility, have all worked together to drive the need for instituting a culture of continuous improvement in logistics operations and transportation management systems (TMS). To meet today's complex logistics challenges, managers are stepping into a more streamlined, automated approach to transportation management in order to function at optimal levels both domestically and internationally. Read the latest special report.

The Atlanta-based company said that it plans to hire between 90,000-to-95,000 seasonal employees, up from about 85,000 last year, to support “the anticipated holiday surge” for package deliveries commencing in October and running through January.

The Memphis-based company reported today that quarterly net income of $606 million was up 24 percent annually, and revenue, at $11.7 billion, was up 6 percent. Operating income at $987 million was up 24 percent.

The World Shipping Council (WSC) released an update to its survey and estimate of containers lost at sea.

Total POLB volumes dropped 9.1 percent in August at 573,083 TEU, and POLA volumes in August were up 6.7 percent compared to August 2013 at 757,702 TEU.

Article Topics

News · Warehouse · 3PL · Logistics · All topics

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