Optimizing supply chain operations to cost less and be more effective has long been a top priority for businesses. Now, companies must consider new sustainability measures such as carbon. Identifying, tracking and managing supply chain emissions is quickly becoming essential to optimization efforts, with the primary goal of detecting inefficiencies in fuel, electricity and water consumption and then correcting those inefficiencies to help eliminate waste and reduce costs. But improving one benchmark in an optimization effort may adversely impact another. It's rare that everything aligns perfectly.
Economic activity in the manufacturing sector expanded in September following three consecutive months of slight contraction, and the overall economy grew for the 40th consecutive month, according to the nation's supply executives in the latest Manufacturing ISM Report On Business.
A healthy air cargo industry is essential in helping the U.S. government achieve its goal of doubling U.S. exports by 2015, Ray H LaHood, U.S Secretary of Transportation told delegates at the 26th International Air Cargo Forum + Exposition in Atlanta.
The European Commission has announced that it will propose, in early 2013, measures to monitor, verify and report on greenhouse gas (GHG) emissions from shipping. This measure will apply to all ships calling at EU ports and could also be the basis for a global approach towards cleaner shipping.
Although practically everybody in the supply chain world is keenly aware of the need for progress in areas like improving supplier collaboration and risk management, the culture is inherently slow to change.
Robert Gifford, executive vice president of global logistics with Ingram Micro, walks us through the past, present and future of global supply chains. He also discusses how his own company is positioning itself to cope with change.