Have you considered opting for sustainable logistics before? Because if you haven’t, then it is the right time you start going in that direction. Not to mention, most of your peers and competitors must be following it already, including using various other logistics management systems and software.
Sustainability is becoming quite a popular term as we are growing technologically and economically. Especially today, it has become a crucial if not mandatory part of the long-term vision of many companies and brands.
According to numerous studies, more than 62% of executives think that sustainable strategy plays an important role in staying competitive. It doesn’t matter from which industry the companies are from, all of them are being pushed to take into account their impact on the environment as well as on society.
Keep reading to know how sustainable logistics matter in your company:
Why Should Your Company Care About Sustainability?
Undoubtedly, you must have worked hard to build your business. So, it is important for you to understand the importance of rising environmental, economic, and social issues, because it can help you in becoming an important part of caring about sustainability.
Particularly, supply chains can be found to have a great impact on sustainability and also in giving you a significant opportunity to make an impact on your company by choosing to look at your supply chain.
Though due to the COVID-19 pandemic, environmental impacts (CO2 emissions) have already decreased by 17% in the earlier part of the pandemic. This sudden shift in the environment has caused people to finally start noticing how their current practices are impacting the environment.
And because of this awareness, now customers want to know that the products or if we talk about this industry, then logistics management software, that they are buying has a better impact on the environment than before. Additionally, we all know that transparency is pretty highly valued in every aspect of business and will remain important for your company even after many years.
What is Sustainable Logistics?
In any eCommerce industry or logistics industry, supply chains are one of the major drivers of goods. In addition, these help you get your products/goods/packages to the consumer or to the wholesaler.
Sustainable logistics always aims to consider all the factors of your supply chain and make them eco-friendly, keeping in mind the Triple Bottom Line.
This is an approach that mainly strives to build strategies to make sure that your business’s practices are considering the environment.
Some of the important examples of the factors that should be taken into account for sustainable logistics are:
- Delivery Routes
- Methods of Transportation
- Packaging Materials
- Storage Space
What are the Benefits of Sustainable Logistics Management?
Integrating sustainable logistics practices and strategies has several advantages. Also, this is an amazing way for you to get the respect and trust of several old as well as new clients and partners. When you provide your company with a sustainable logistic strategy for your company, you reflect that you are making a considerable effort in reducing your impact and making sure that you are not behind industry standards on sustainability, it helps in impressing your clients in many ways.
Sustainable logistic strategies make your brand or company look like an industry leader. Sustainable logistics mostly depends on innovative technologies, which are just beginning to be adapted into the workspace.
Starting on the path of sustainable logistics will certainly help you be able to be at the top of the competition and show your willingness to adapt to new circumstances.
How can Your Company Integrate Sustainable Logistics Practices?
When you start thinking about how to implement sustainable practices into your businesses, then start with looking at your mission and vision. And find out if there is room for you to make a shift to make sure that all upcoming practices are going to incorporate sustainable elements.
A study showed that while 90% of executives knew that sustainability was important, only 60% implemented it into their strategy. There is still a large gap in the knowledge about sustainability and actually implementing it in your company.
Also, starting to analyze your logistics strategy is a great way to make sure that you are meeting all the sustainability goals and the expectations of your customers. Try to find a specific aspect of your supply chain plan and find out the ways to make it sustainable. Later, when the plan has been created and executed, then move on to the next feature of your logistics strategy. Keep in mind, that by doing this in small steps, you are increasing your chances of succeeding in this field.
This way, you will be able to create a sustainable logistic practice sooner than you expected.
Even after knowing the importance of moving to sustainable logistics, it can feel overwhelming for you to know where to start. That is where you need help! There are several different tools and resources for your company that can help you become more sustainable in your logistic practices.
Moreover, sustainability is a type of practice that is being discussed now more than ever. Not to mention, the COVID-19 pandemic, businesses all around the world are re-evaluating their plans in their business practices. And it is becoming more and more companies explore ways to make their practices more sustainable to keep up with expectations from their customers.
Therefore, get in touch with us and learn how we can help you become more sustainable.