Retail Supply & Demand Chain

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Walmart: Giving Manufacturers a Reason to Move Ahead in Sustainability

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On July 16th, Walmart announced plans to develop a worldwide sustainable product index during a meeting with 1,500 of its suppliers, associates, and sustainability leaders at its home office in Bentonville, Arkansas. Walmart claims the index will establish a single source of data for evaluating the sustainability of products, but a better way to think about it is as a starting point for evaluating the sustainability of the suppliers themselves. Walmart is going to do this through a series of 15 questions, which fall under 4 headings - Energy and Climate, Material Efficiency, Natural Resources, and People and Community. (Click on the link to Walmart CEO Mike Duke's speech and you'll find a way to download the Fact Sheet and 15 question pdfs).

 

The Attraction of Supply Chain Improvements For Manufacturers

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As has proved to be the case in former economic cycles, organisations are turning attention to their supply chains as a means of finding efficiencies and operational cost savings as a means of combating tougher economic conditions.

Research never places 'reducing supply chain costs' lower than second place in the reasons why companies invest in supply chain technologies. But in better times, organisations have placed 'meeting customer mandates' in the top slot; reflecting a more positive ambition to improve their service, competitiveness and growth over mere cost reduction exercises. But that was then.