Transportation Disruption Podcast Episode 1: Sustainability Vs. Profitability
"If you want to make progress with sustainability, you set big, hairy goals and aim for continuous improvement year after year.” Steve Banker, Vice President of Supply Chain Management at ARC Advisory Group
Consumers have conflicting desires when it comes to shipping. They want it fast and free, but they also want the brands they work with to be environmentally responsible. Businesses have to find a way to meet both of those demands, while still protecting profitability and ensuring growth.
Fortunately, the heart of sustainability is efficiency. The more transportation and supply chain leaders can optimize, reduce redundancies, and consolidate deliveries, the more environmentally friendly they become.
But is it solely our responsibility to be more efficient and sustainable? Who else shares the burden--and who should have a seat at the table when we’re planning the next move?
Listen to Learn
- How businesses can balance profitability and sustainability in shipping
- What tech businesses are using now to promote supply chain sustainability
- The biggest challenges to pursuing sustainability & profitability, and how businesses are approaching them.
In this episode
HOST: Chris Shaw, Manhattan Associates
Our panel this episode features insight from Steve Banker, Vice President of Supply Chain Management at ARC Advisory Group. He’s an industry-leading analyst, speaker, and author for Logistic Viewpoints and Forbes. He’s joined by Gregg Lanyard, Director of Product Management and Strategy, Transportation & Logistics at Manhattan Associates, and Chris Starks, Infrastructure Services & Support at Deloitte.
KEY DISCUSSION POINTS:
3:33 – “If you want it tomorrow, we can ship it tomorrow, but if you can wait three or four days, we'll ship it not only at a lower cost, but here are the CO2 benefits that will accrue if you do it that way.”
6:09 – “Transportation management's core objectives are really to deliver the right product at the right price at the right time to the right place”
7:52 – “If you really want to drive sustainability, you have to take it down to the consumer level”
13:25 – “Any supply chain solution is a sustainability solution. Almost any supply chain software allows you to do more with fewer resources. And if I was to point to two supply chain solutions in particular that I think really do a good job of this, I'd point to transportation management systems, and I would point to supply chain design solutions”
19:10 – “That means, moving more product, at a small carbon impact. And I’ve sat with leaders in that space where they said, look, what is our carbon footprint for transportation? And how do we reduce it?”