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Sustainable supply chains: Green logistics practices for the 21st century
- Sustainable supply chains minimises negative environmental and social impacts and are economically viable and for long-term ecological viability.
- Green logistics is the process of planning and managing the logistics to reduce the environmental impact.
- Sustainable transportation like electric, hybrid vehicles, alternative fuels like biodiesel, hydrogen and natural gas, rail and sea freight are some of the transportation solutions that can reduce greenhouse gas emissions.
- Eco-friendly warehousing, utilizing energy-efficient lighting, using renewable sources of energy like wind and solar power to reduce energy consumption and improve insulation are crucial elements in the supply chain that offer room for improvement in sustainability.
- Take-back programs, remanufacturing, and sustainable packaging solutions are a huge part of reverse logistics trend, helping companies meet their sustainability goals while enhancing customer loyalty.
- Sustainable packaging provides an alternative to the use of plastic and reduces waste generated sent to the landfills while lowering the total carbon footprint.
- Collaborative logistics and sharing economy can reduce the environmental impact by sharing logistics resources.
- Sustainable supply chains and green logistics offer several tangible business benefits such as reducing operational costs, brand reputation enhancement, fostering innovation and mitigating risks.
- The major challenges businesses face when initiating sustainability in their supply chains include large upfront investments in green technologies and changes in the supply chain's current processes.
- Sustainability in global supply chains has to be maintained even in regions where green logistics infrastructure has not been strongly developed and is facing very basic environmental regulations.
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