TIME100 Most Influential Companies of 2023
Discover the TIME100 Most Influential Companies of 2023, including trailblazers such as Ganni, JD.com, Grab, Meesho, Siemens, ThredUP, Zipline, and Mercado Libre. Explore how these influential businesses are revolutionizing various sectors and setting new standards for success.
Jul 18, 2023
Renewcell Launches Circulose Supplier Network to Drive the Circular Economy Forward
Discover how Renewcell's CIRCULOSE? Supplier Network is driving the circular economy in the fashion industry. Learn how leading yarn and textile producers are revolutionizing textile recycling and enabling a steady supply of CIRCULOSE? for sustainable fashion.
Jul 17, 2023
Schneider Launches Large-Scale Electric Charging Hub in Southern California
The charging site is over half the size of a football field, featuring 16 350 kW dual-corded dispensers, allowing the carrier to charge 32 trucks simultaneously.
Jun 14, 2023
Lululemon Unveils Partnership With ‘Infinite Recycling’ Startup Samsara Eco
Through the collaboration, Samsara Eco and Lululemon will create what they describe as the world’s first infinitely recycled nylon and polyester blends from apparel waste.
May 25, 2023
eBay Acquires Certilogo to Show Commitment to the Secondhand Fashion Sector
The deal will not only mark a key investment in the growing pre-loved fashion category but also help strengthen eBay’s ability to authenticate designer garments for secondhand shoppers.
May 23, 2023
Alcott Global Podcast: Sustainable EV Batteries and Supply Chain for Growth
In Episode #139 of Leaders in Supply Chain and Logistics Podcast, Radu Palamariu, Managing Director Asia Pacific & Europe of Alcott Global interviewed Alexander Streif, Vice President for Supply Chain Management at Northvolt.
May 02, 2023
Earth Day 2023: The Ongoing Push for Sustainable Logistics
Discover the latest sustainability efforts in e-commerce logistics in honor of Earth Day 2023. This article explores how industry players are reducing their environmental footprint through innovative and eco-friendly logistics practices. From investing in the education of their employees to utilizing alternative sources of fuel, learn how these companies are making a difference in our societies.
Apr 21, 2023
American Eagle and ThredUp Bring Resale Shop to Snapchat
All priced between $10 and $40, RE/AE includes AE styles from as early as the 80’s, proving the brand’s made-to-last quality.
Apr 21, 2023
JD Logistics Rolls Out the World’s First Supply Chain Emission Management Platform
The Supply Chain Emission Management Platform (SCEMP) aims to facilitate efficient and cost-effective carbon reduction strategies for a multitude of companies.
Apr 18, 2023
Poshmark Launches Posh Shows, a New Live Shopping Feature in Canada and the US
Posh Shows allows sellers to live stream on Poshmark for the first time, leveraging the power of live video reach an established community of more than 100 million users.
Apr 13, 2023
Sustainability in Retail
Sustainability in E-Commerce Logistics
Sustainability is no longer a choice but a requirement for logistics and retail businesses today. So what is the key in making your retail business sustainable? Aside from business success, IKEA India has been working on a sustainability vision and culture. Its sustainable strategies aim to reduce waste and costs, reduce negative environmental impact, and promote healthy, sustainable living. Apart from retail sustainability, logistics companies have also followed suit. DHL’s GoGreen product portfolio comprises innovative and circular solutions to help minimize their carbon footprint.
Consumers Are Demanding for ??Sustainable Brands and Products
Consumers are choosing to buy from retailers with sustainable and transparent business practices. In fact, 51% of shoppers consider sustainability to be a significant factor affecting their decision to purchase. This is another driving factor for retail, e-commerce and logistics businesses to embark on more sustainability-driven initiatives. According to Forrester Consulting, 44% of buyers worldwide are more willing to purchase from a brand that demonstrates a strong commitment to sustainability and has a sustainable retail strategy. 46% of shoppers intend to buy items with reusable product packaging. Furthermore, 50% of consumers claimed that whether or not a product is recyclable affects their purchasing decision.
Do Parcel Lockers Improve the Sustainability of Order Fulfillment?
In short, yes, using parcel lockers can help to improve the sustainability of the order fulfillment or last-mile delivery process. It is therefore reassuring to know that parcel lockers are growing in popularity among consumers around the world. For example, IKEA has launched a new click-and-collect parcel locker service, a sustainability initiative to reduce impact of last-mile deliveries into London, putting it closer to its sustainability goal of achieving zero-emission home delivery by 2025. Apart from parcel lockers, 19% of third-party logistics carriers are pioneering the usage of alternative fuels in their delivery vehicles, such as liquefied natural gas. With this, logistics companies hope to reduce their carbon footprint and develop an eco-friendly supply chain to support their long-term sustainability goals and targets. Also, several large truck manufacturers are investing in the technology of electric vehicles, which may spell the end of the internal combustion truck engine.
Link Between E-commerce Returns and Retail Sustainability
E-commerce returns and retail sustainability are inextricably linked. Assuring customers that they may return unsatisfactory things for free and conveniently has long been a motivator for conversion and customer retention. However, the returns culture and customer behavior of “purchasing more to return” have a substantial carbon footprint. In 2020, consumers returned approximately $428 billion in merchandise. With only roughly half of returned products being restocked, the half ended up in landfills. Retail rates of return have hit an all-time high, and the earth is suffering as a result. Retail businesses should try to minimize the environmental impact of the e-commerce returns process, and have returns policies that inspire a change in customer consciousness.