Sales of games and toys in the U.S. are down 8% through the first nine months of 2023 when compared to the same period in 2022, based on data from the market research firm Circana….
Browsing Category Supply chain sustainability
Supply chain sustainability refers to the practice of ensuring that the entire supply chain of a company, from sourcing materials to delivering products to customers, is environmentally and socially responsible. This includes evaluating the sustainability impact of suppliers, as well as implementing sustainable practices throughout the supply chain.
Supply chain sustainability is important for several reasons. First, it helps to minimize the environmental impact of a company’s operations, as suppliers can often have a significant impact on a company’s carbon footprint and waste production. Second, it helps to promote ethical and fair practices throughout the supply chain, ensuring that workers are treated fairly and not subjected to hazardous working conditions.
Implementing supply chain sustainability can take many forms, such as sourcing materials from sustainable suppliers, reducing waste and emissions in transportation, and implementing sustainable packaging solutions. It is important to approach supply chain sustainability as an ongoing process, as it requires continuous effort and commitment from all members of an organization.
Antifragile Supply Chains Better Able to Weather Uncertainty
Supply chains are increasingly looking to develop resilience, but a new survey and research from Gartner finds that those that develop an antifragile framework not only survive, they thrive. According to Gartner research, only 9%…
The Panama Canal Is So Backed Up Ships Are Rerouting Through the Suez
The Panama Canal has become so backlogged that the world’s largest operator of chemical tankers has decided to reroute its fleet to the Suez Canal. London-based Stolt-Nielsen, which has a tanker division with 166 ships,…
Quantifying Scope 3 Emissions Creates a Roadmap for Business Longevity
The urgency companies are feeling to quantify and reduce their carbon emissions stems from more than government regulations — it’s a matter of long-term business viability. Companies that cannot adapt to a low-carbon economy, and…
Dealfeng Rotor Sail Installation Completed on Oil Tanker
The installation of a set of Dealfeng Rotor Sails on a 5,000-ton class product oil tanker has been completed, following a partnership between Dealfeng New Energy Technology and Haiyue, signed in October 2022. The companies…
Watch: It’s a Great Time to Be a Logistics Service Provider
Logistics service providers (LSPs) are in a great position coming out of the last few years of turmoil, because they’re armed with expertise, data, technology and C-level executives who will listen to them, says Mike…
How to Save Your Supply Chain Project from Failure
Why do supply chain projects often fail? As Joe Peppard, a professor at University College Dublin’s Michael Smurfit Graduate Business School, raises the question in an article in the Wall Street Journal, the subtitle of which…
ONE Launches West India-North America Service to Enhance Connectivity in India
Ocean Network Express (ONE) announced November 27 it is launching a new service that connects India’s west coast and the United States east coast, with the goal of enhancing the ocean carrier’s services in the…
Amazon is Now the Biggest Delivery Business in the U.S.
Amazon.com delivered more packages to U.S. homes in 2022 than United Parcel Service, after eclipsing FedEx in 2020, and making it the biggest private parcel carrier in the country. The Wall Street Journal reports that Amazon…
Attackers Who Held Israel-Linked Tanker Seized by U.S. Navy
A U.S. Navy warship has captured armed men who seized an Israeli-linked tanker off the coast of Yemen on November 26, U.S. defense officials say. BBC News reports the assailants attempted to escape on a…