CARGOCONNECT JULY2024 - Flipbook - Page 72
E-COMCONNECT 2024
PANEL 4
T
he fourth panel titled ‘SUSTAINABLE PRACTICES
ACROSS THE E-COMMERCE SUPPLY CHAIN’ focussed
on the importance of adopting practices within the
e-commerce supply chain that o昀昀er bene昀椀cial social,
economic, and environmental e昀昀ects. Sustainable growth is
now essential rather than optional for businesses to thrive. To
achieve this, adopting a strategy of continuous reinvention is
paramount. This approach helps businesses remain relevant,
competitive, and resilient in a dynamic and environmentally
conscious market. Companies must look beyond primary suppliers to tiers 2-4 suppliers to optimise logistics and production
processes, reduce lead times, and minimise environmental
impact. This strategic shift enhances operational e昀케ciency
and aligns with sustainability goals by lowering emissions
and resource consumption throughout the supply chain. Key
strategies include adopting eco-friendly practices, utilising
sustainable materials, optimising transportation and logistics,
employing renewable energy sources, monitoring progress,
collaborating with suppliers and partners, and setting clear
72 | CARGOCONNECT JULY 2024
goals and targets. These initiatives not only bene昀椀t society
and the environment but also lay the foundation for a more
prosperous and sustainable future. While supply chain management systems initially lacked adequate reporting capabilities,
technological advancements have streamlined optimisation
e昀昀orts through enhanced functionalities, fostering innovation
and transparency, and accountability in operations.
