Supply chain: RedPrairie sponsors first comprehensive CDP (Carbon Disclosure Project) supply chain report
New CDP document examines managing carbon output and climate change via supply chain practices.
Staff -- Modern Materials Handling, 3/27/2009
RedPrairie Corporation, global provider of supply chain software solutions, announced its sponsorship of the Carbon Disclosure Project (CDP) Supply Chain report. CDP extended their study, of how climate change will affect global business and carbon emissions, to include supply chain practices in 2008. The most recent report included results from more than 600 global suppliers in 34 companies, and highlighted geographical and industry trends for managing greener supply chains around the world.
“Climate change is becoming a material issue for increasing numbers of sectors and businesses,” says Frances Way, CDP head of supply chain, “We will see heightened impact on industry from extreme weather events, impact of carbon prices and changes in consumer demand not only directly, but also through companies' supply chains. The level of engagement on this issue from some of the world's largest companies through the CDP Supply Chain process shows how it is now part of core operations for those companies with an understanding of the potential impacts of climate change on their business operations.”
Of the many findings supported by the study, collaboration emerges as a core message. The Supply Chain report emphasizes that effective and sustainable progress can be made as long as mutual support between businesses and suppliers continues to exist – especially as supplier margins are squeezed with increasing regulation and economic constraints. The result, the study concludes, will be marked improvement in business relationships, internal capabilities, carbon reduction and management of critical supply risks.
“Even in this economic environment, it’s clear that worldwide enterprises need to recognize the importance of greener supply chain practices,” says Mike Mayoras, RedPrairie’s chief executive officer. “Learning to reduce carbon emissions not only promotes a healthier planet, but sustainable and cost-effective business.”
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