Overview of Upcoming & Important Supply Chain Events
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Sustainability is rising. Born out of global concern over climate change, on April 22, 2016, a record 175 countries signed the Paris climate agreement, voluntarily pledging to cut greenhouse gas emissions. When it comes to green and sustainable supply chains, though, cost cutting is still the driving force.
In September, the United Nations adopted a final roadmap for the 2030 Sustainable Development Goals (SDGs). Broadly speaking, SDGs are targets for governments, communities and institutions to further international development. The 2030 agenda builds on the Millennium Development Goals set in 2000 and includes 17 goals touching on a variety of social, environmental and economic issues ranging from gender equality to accessible and affordable clean energy. But do the 2030 SDGs have any impact on the work of packaging professionals?
Today’s leading companies are grappling with how to achieve progress on a complex array of sustainability-related goals, including the reduction of carbon emissions, toxic releases and water and materials usage.
It's one thing for a company to make an internal decision about sustainability, like cutting energy use at corporate headquarters. But it's another matter entirely to dig deeper into systemic problems rooted in the supply chains of multinational businesses with elaborate networks of global vendors.
Selection of Best Reads
According to the Occupational Safety and Health Administration, or OSHA, the rate of fatal injuries for warehouse work is higher than the national average. Warehouses are full of potential safety hazards, but employers and workers can minimize these risks by taking proper safety measures.
For shippers who regularly leverage the spot market, it’s been a buyers’ market the last few years. One shipper I’ve worked with saved more than 9 percent on freight spend simply by moving away from only using brokers to using (temporarily) the spot market for almost all of their loads. But, like Wright’s dog, is that market about to be gone? Let’s start by looking at the numbers.
This article explores the concept of information-based negotiations and the upcoming technological advances that will substantially improve its effectiveness. It is different from some traditional approaches to negotiations. It is not the adversarial negotiation style with the emphasis on game playing, theatrics and taking full advantage of a supplier’s weaknesses. In information-based negotiations the purchasing or supply chain professional gains a deep understanding of the supplier’s industry, its margins and its culture.