Lisa Harrington, president of the lharrington group and associate director at the Supply Chain Management Centre, Robert H. Smith School of Business, University of Maryland, has outlined the central factors driving green supply chains in 2014.
Escalating consumer pressure, the need to ameliorate efficiency, and the "compliance squeeze" felt by retailers and logisticians are the driving forces according to Harrington's report.
She quotes Deloitte Consulting’s point that “leading companies create value by modifying their supply chains to manage the key inputs and outputs: energy, carbon, water, materials and waste."
Harrington states that "Companies are starting to realise that there is a direct link between a green supply chain and profitability improvement. This improvement stems from either direct revenues from capturing value from the recycling waste stream, or indirect savings stemming from elimination of waste throughout the supply chain."
© 2014 European Supermarket Magazine – your source for the latest retail news. Article written by Peter Donnelly
