Are you considering sustainable logistics yet? If you haven't, you need to make a move ASAP! Don't be left behind by your peers and competitors.
Sustainability is an increasingly popular term that is now becoming a mandatory part of companies' long-term vision. Companies are being pushed to consider their impact on the environment and on society no matter what industry you are in. According to various studies, 62% of executives consider sustainable strategy an important part of staying competitive.
In this post, we will discuss why sustainable logistics matter in your company.
You have worked hard to build your company. There is no doubt about that. As awareness of environmental, economic and social issues is rising, it will become a vital part for you to consider how you will play a role in caring about sustainability.
Supply chains specifically, can be found to have a lot of impact on sustainability and provide an incredible opportunity for you to make a large impact on your business by choosing to look at your supply chain.
As a result of the COVID-19 pandemic, environmental impacts (CO2 emissions) decreased by 17% in the earlier part of the pandemic. This radical shift in the environment has caused people to take notice of how their current practices make an impact on the environment.
Consumers are now increasingly wanting to know that the products they are buying have had a better impact on the environment than before. Transparency is highly valued in all aspects of business and will continue to matter for your company as the years go on.
In your company, supply chains are one of the main drivers of goods. These help you get your goods to the consumer or to the wholesaler. Sustainable logistics strives to consider all the elements of your supply chain and make them greener, keeping in mind the Triple Bottom Line.
According to Solistica.com, sustainable logistics “aims to lower the ecological footprint of its tasks, such as CO2 emissions, noise pollution, and accidents.” This is an approach that takes a holistic look at all of the elements of your company logistics and strives to create strategies to ensure that your company practices are considering the environment.
Some examples of the factors that should be considered for sustainable logistics are:
Implementing Sustainable logistics strategies have many benefits. This is a great way for you to gain the respect and trust of many new potential clients and partners. When you release a sustainable logistic strategy for your company, you show your clients you are making a considerable effort in reducing your impact and ensuring you are not behind industry standards on sustainability.
Sustainable logistic strategies can help your company be seen as an industry leader. Sustainable logistics rely on innovative technologies, some of which are just being started to be adapted into the workspace.
Starting on the sustainable logistic journey will help you be able to be at the forefront of the competition and show your willingness to adapt to new circumstances - a value that has only needed to be increased through the COVID-19 season!
When it comes time to start thinking about how to integrate sustainable practices into your company, start to look at your mission and vision. Is there room for you to make a shift to ensure that all future practices are going to incorporate sustainable elements?
A study showed that while 90% of executives knew that sustainability was important, only 60% implemented it into their strategy. There is still a large gap in the knowledge about sustainability and actually implementing it into your company.
Starting by looking at your logistics strategy is a great way to ensure you are meeting sustainability goals and the expectations of your clients. Pick a specific aspect of your supply chain strategy and see if there is a way to make it sustainable. Once a plan has been created and executed, move on to the next aspect of your logistics strategy. By doing this in small steps, you are increasing your chances at succeeding.
You will be surprised how quickly you will be able to create a sustainable logistic practice.
Now that you know the importance of moving to sustainable logistics, it can feel overwhelming knowing where to start. That is where we at ShipERP can help! We have created many different tools and resources for your company to help you become more sustainable in your logistic practices. Some of our software products include:
Sustainability is a concept and a practice that is being discussed now more than ever. Due to the COVID-19 pandemic, companies all over the world are re-evaluating their strategies in their business practices. It is vital for all companies to explore ways to make their practices more sustainable to keep up with expectations from clients.
At ShipERP, we can help you make small changes in your logistics that will have a significant, lasting impact on your sustainability efforts. You do not have to go through this transition alone. Get in touch with us and learn how we can help you become more sustainable.