by Ian Khan | Apr 22, 2024 | Uncategorized
In the quest for net zero emissions, transforming supply chains is paramount. The logistics and production processes that move goods from raw materials to finished products account for a significant portion of global greenhouse gas emissions. Achieving a net zero supply chain means redesigning these processes to eliminate emissions or offset them entirely, a complex but essential task for businesses committed to sustainability. Here's how companies can reduce emissions in logistics and production, paving the way for a net zero future.
1. Sustainable Sourcing: Begin at the source. Companies can opt for suppliers that utilize renewable energy, practice regenerative agriculture, or adhere to sustainable forestry management. Selecting local or closer suppliers also reduces transportation emissions, making sustainable sourcing a key step toward a net zero supply chain.
2. Energy Efficiency in Production: Improving energy efficiency in manufacturing processes significantly cuts emissions. This can be achieved through upgrading to energy-efficient machinery, optimizing production lines for minimal energy consumption, and using smart systems to reduce waste.
3. Electrification of Transport: Transitioning to electric vehicles (EVs) for transportation needs, including shipping, delivery, and employee commuting, can dramatically reduce the carbon footprint of logistics. Investing in EV fleets and encouraging suppliers to do the same supports the shift toward cleaner transportation options.
4. Optimizing Logistics: Streamlining logistics through route optimization, consolidating shipments, and choosing the most efficient modes of transport reduces fuel consumption and emissions. Advanced logistics software can help companies plan more effectively, minimizing unnecessary trips and optimizing load capacities.
5. Circular Economy Practices: Incorporating circular economy principles into the supply chain design minimizes waste and encourages the reuse and recycling of materials. From designing products for durability and easy recycling to implementing take-back schemes, circular economy practices are key to reducing emissions and waste.
6. Carbon Offsetting: For emissions that cannot be eliminated, carbon offsetting through investments in renewable energy projects, reforestation, or carbon capture initiatives can help balance out a supply chain's carbon footprint, moving it closer to net zero.
Transforming supply chains to achieve net zero emissions requires a comprehensive approach, encompassing everything from raw material sourcing to the end consumer. By implementing these strategies, businesses can significantly reduce their environmental impact, contributing to the global fight against climate change.
by Ian Khan | Oct 10, 2023 | Futurist Blog
Dr. ManMohan S. Sodhi: A professor at Cass Business School, Dr. Sodhi has extensively researched supply chain risks, disruptions, and the role of AI in enhancing supply chain efficiencies.
Lora Cecere: Founder of Supply Chain Insights, Cecere has been consistently providing thought leadership on the convergence of AI, machine learning, and supply chain operations. Her research offers in-depth insights into the latest trends and challenges.
Dr. Alexis Bateman: As the Director of MIT Sustainable Supply Chains, Dr. Bateman focuses on sustainable supply chains, the circular economy, and how AI can be leveraged for sustainability in logistics.
Guy Courtin: A recognized thought leader, Courtin's expertise lies at the intersection of retail and supply chain. He delves into AI's role in enhancing visibility, prediction, and operations in the supply chain.
Roberto Crippa: As the Director of Transformation at Hellmann Worldwide Logistics, Crippa has been steering the integration of AI and machine learning into logistics operations to optimize performance and reduce costs.
Dr. Michael Watson: An authority on supply chain optimization, Dr. Watson combines his expertise in operations research and AI to develop cutting-edge solutions for the logistics industry.
Inna Kuznetsova: The CEO of 1010data, Kuznetsova has been a proponent of digitizing supply chains. Under her leadership, 1010data leverages AI to provide data-driven insights for the supply chain industry.
Randy V. Bradley: An assistant professor of Information Systems and Supply Chain Management, Bradley's research delves into the strategic application of business analytics and IT in the supply chain.
Jett McCandless: Founder and CEO of project44, McCandless is leading the way in advancing the digitization of the supply chain. With project44, he offers high-fidelity data and predictive analytics to logistics professionals.
Diego Pantoja-Navajas: As VP of WMS Cloud Development at Oracle, Pantoja-Navajas's work focuses on the adoption of cloud solutions, IoT, and AI to improve warehouse management and overall supply chain operations.
by Ian Khan | Oct 10, 2023 | Futurist Blog
Lora Cecere: Founder of Supply Chain Insights, Cecere offers in-depth analyses of supply chain trends and is well-regarded for her research-based insights. Her vast experience brings a nuanced understanding of how technology impacts supply chain dynamics.
Dr. Hau Lee: A professor at Stanford University, Dr. Lee's research focuses on value chain innovations. He has provided thought leadership on how companies can derive value from a digitized, end-to-end supply chain.
Martijn Lofvers: As the Chief Trendwatcher at Supply Chain Media, Lofvers constantly curates and shares latest trends in supply chain digitization. His content blends strategic insights with practical implementation guidelines.
Cindy L. Jutras: President of Mint Jutras, Jutras is known for her studies on the impact of enterprise applications on supply chain processes. She regularly provides insights into how digital solutions are reshaping supply chain operations.
Kevin O'Marah: Former Chief Strategy Officer at Gartner, O'Marah has consistently shed light on the future of supply chains. His writings focus on how technology is shaping strategic initiatives in the supply chain landscape.
Rob Handfield: As a professor of Supply Chain Management at NC State, Handfield's work delves into digital supply chain roadmaps and the role of analytics. His contributions to the discipline bridge academic research and practical application.
Adeel Najmi: A prominent figure in the supply chain software industry, Najmi is known for his forward-thinking ideas. His emphasis on the role of AI in digital supply chain transformation is particularly noteworthy.
Inna Kuznetsova: CEO of 1010data, Kuznetsova has championed the cause of data-driven transformations in the supply chain. Her insights revolve around actionable analytics and their pivotal role in modern supply chains.
Bob Ferrari: Managing Director of Ferrari Consulting, Bob provides commentary and thought leadership on global supply chain trends. His blog, “Supply Chain Matters,” is a valuable resource for professionals seeking to understand the evolving digital landscape.
Annie Palmer: As a reporter for CNBC, Palmer extensively covers supply chain, logistics, and e-commerce sectors, emphasizing the impacts of digital technologies and the evolving demands of modern consumers.
by Ian Khan | Oct 10, 2023 | Futurist Blog
Dr. Hau Lee – A professor at Stanford Graduate School of Business, Dr. Lee is renowned for his research on supply chain management strategies and methodologies. His work on building robust and flexible supply chain strategies has been foundational in the field.
Lora Cecere – Founder of Supply Chain Insights, Cecere's research and perspectives on end-to-end supply chain processes are deeply respected. She is also a prolific blogger and author, known for her keen insights into the future of supply chain management.
Martin Christopher – Emeritus Professor of Marketing & Logistics at Cranfield University, Christopher has written extensively on the subject. His book, “Logistics & Supply Chain Management,” is considered essential reading for professionals in the field.
Rob Handfield – A professor of Supply Chain Management at NC State and the Executive Director of the Supply Chain Resource Cooperative, Handfield's research is vast, covering procurement, analytics, logistics, and overall supply chain strategies.
Inna Kuznetsova – CEO of 1010Data, Kuznetsova's expertise in both the maritime sector and broader supply chain strategies provides a unique perspective. She frequently speaks about leveraging data for enhanced supply chain optimization.
Steve Banker – As the VP of Supply Chain Management at ARC Advisory Group, Banker's insights and analyses are regularly featured in well-respected journals and publications. His extensive knowledge covers both technological and strategic aspects of supply chain optimization.
Mike Mortson – Founder of Supply Chain Game Changer, Mortson brings insights from his vast experience in various roles across supply chain management. His platform features real-world case studies, best practices, and advice from industry professionals.
Cindy L. Jutras – President of Mint Jutras, Jutras has been analyzing and reporting on the impact of enterprise applications on business performance, with a significant focus on the intersection of ERP and the supply chain.
Bob Ferrari – The creator and Executive Editor of the Supply Chain Matters blog, Ferrari brings his three decades of expertise to the table. His analysis on supply chain disruptions, technologies, and best practices are insightful and actionable.
Dr. Madhav Durbha – As the Vice President of Supply Chain Strategy at Coupa Software, Durbha's expertise lies in the realm of supply chain visibility, risk management, and the role of technology in transforming traditional supply chains.
by Ian Khan | Oct 10, 2023 | Futurist Blog
Dr. Hau Lee: A professor at Stanford University, Dr. Lee is renowned for his work on value chain innovations. He has written extensively about the integration of operations, information systems, and analytics in supply chain optimization.
Lora Cecere: Founder of Supply Chain Insights, Lora's research covers end-to-end supply chain solutions. She emphasizes the utilization of big data and advanced analytics to improve supply chain processes and adaptability.
Martin Christopher: As Emeritus Professor of Marketing & Logistics at Cranfield University, Christopher's work on global supply chain management and logistics has set many foundational principles in the sector.
Dr. Jean-Paul Rodrigue: A professor at Hofstra University, Dr. Rodrigue's research has focused on transportation and its role in the supply chain, integrating modern digital solutions and forecasting future trends.
Bill McBeath: Co-founder and Chief Research Officer at ChainLink Research, McBeath's analyses dive deep into integrated supply chain processes, IoT, and digital transformation in the sector.
Kevin O'Marah: Previously Chief Content Officer at SCM World, O'Marah is widely recognized for his thought leadership in modern supply chain management, emphasizing innovation, sustainability, and technology's role.
Dr. Chris Caplice: Serving as the Executive Director of MIT's Center for Transportation & Logistics, Dr. Caplice's work has often revolved around integrating technology and analytics to drive supply chain efficiencies.
Inna Kuznetsova: As the CEO of 1010data, Kuznetsova brings a wealth of expertise in digital transformation in supply chains, emphasizing the importance of data analytics and actionable insights.
Rob Handfield: A professor at North Carolina State University, Handfield's research has delved into procurement, governance, and risk mitigation in the smart supply chain.
Rosemary Coates: The Executive Director of the Reshoring Institute, Coates has been a staunch advocate for reimagining global supply chains, utilizing advanced technologies, and bringing manufacturing back to local soils.
