Trend 1: Green Logistics

Sustainability has been with us as a driving trend for some time now. At the same time, it has also turned the corner last year and clearly emerges from “Sustainability Department” to a company-wide and society-wide focus. While becoming greener and contributing to the environment, it is also cost-effective, increases customer loyalty, boosts growth, and is at the same time a strong reason why talent signs up and wants to join the company. According to the Harvard Business Review, the businesses that are focused on sustainability grow almost 6 times faster than those who don’t.

With the increased awareness that transportation is a large contributor to greenhouse gas emissions, green logistics has gained significant traction over the years. Designing value chain towards advanced energy management systems and electric and solar-powered vehicles to lower their overall carbon footprint will emerge in a rapid way.

Supply Chain Executives will also evolve from being “fulfilment” and “Cost of Sales” focused to being in the epicentre of sustainability. I think we will see the rise of the Sustainability Chain Officer. In combination with this, I see greater collaboration between alike parties within the industry to share information and assets jointly, to optimize the environmental impact together.

Another area emerging in Green logistics is the circular supply chain that is starting to replace the linear supply chain, those adopting the circular supply chain approach stand to gain from reduced costs in the long term, reduced waste and reduced impact on the environment. A key driver in the adoption of this approach is stricter regulations when it comes to recycling and waste disposal, as well as a reason one remains relevant for its customers who more and more focuses on their ecosystem footprint.

Tags: Shipping News / International Shipping News / 5 Global Supply Chain and Logistics trends 2021 / Logistics 2021 / Future of Logistics

Source: Greencarrier

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