Our responsibility to future generations is set as the main principle of Sustainable Development, a concept introduced by Brundtland Report in 1987. Since then, we often read about the importance of sustainability when discussing the environment, climate change and corporate social responsibility (CSR). And yet, what does sustainability really mean for logistics? And how can your 4PL provider drive sustainable development?
Creating an energy-efficient supply chain is only possible if you understand its overall carbon footprint. Certainly, there are huge opportunities within the industrial supply chain for reductions in CO2 emissions – particularly on the ‘Final Mile’ - to meet stringent regulations and streamline costs. A 3PL or 4PL partner who is committed to researching and developing green innovation is best placed to find long-term solutions across the entire supply chain. Recent research into smart tracking and accurate reporting undertaken by Yusen clearly indicates that it is possible to improve the sustainability of supply chain solutions of any complexity.
Topics: Pharmaceutical Industry, Supply Chain Management, Supply Chain Solutions, 4PL, CO2 Emissions, Supply Chain Innovation, Cold Chain Logistics, 3PL, Shipment Visibility, Cost-effective Logistics, Customer-centric Logistics
Being able to continuously improve is becoming more and more crucial in a highly competitive supply chain management market. Arguably, nowhere does this trend become more evident than in the Pharmaceutical industry and particularly in cold chain logistics, where the standards of technical, legal and operational scopes are especially high as they directly affect human life.
Innovation has always been one of the core principles of Yusen Logistics and our research collaboration with Cardiff University in 2016 undoubtedly added value in some demanding areas of supply chain management for customer-centric logistics.