Insufficient communication and too much emphasis on controlling factory capital expenditures means that manufacturers pay massive energy-inefficiency costs over the lifetime of their plants, according to research firm IHS.
Swedish home goods giant Ikea Group is investing in its first wind farm in the U.S., joining a parade of other companies that are venturing into the renewable energy sector. The company purchased Hoopeston Wind, an energy project under construction in Illinois.
Supply chain executives want to invest in powerful new technologies and business innovations to improve their supply chains, but are hampered by a shortage of qualified talent and never-ending pressure to cut costs, according to a new study by MHI and Deloitte Consulting LLP titled "The 2014 MHI Annual Industry Report – Innovations That Drive Supply Chains."
The International Maritime Organization's Marine Environment Protection Committee has reached agreement on the entry into force date of new, stricter requirements for ships' emission of nitrogen oxide (NOx) in emission control area.
More than a dozen of the world's largest car makers have agreed on minimum human rights, environmental and business ethics standards for their global supply chains, according to the Automotive Industry Action Group (AIAG) in Michigan and CSR Europe in Brussels, which today jointly announced the "unprecedented agreement."
Richard Bank, director of the Sustainable Supply Chain Foundation, supplies an update on the organization's efforts to instill voluntary standards for sustainability in the warehouse, as well as other logistics processes.
The latest news, analysis, trends and solutions for sustainability and corporate social responsibility (CSR) and their impact on supply chain management. New customer expectations for green and ethical products and practices are transforming the way companies do business — and requiring more supply chain transparency than ever before. As solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are leveraging sustainability and CSR to stay ahead of the competition in their industries.
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