In today’s economy, sustainable business practices are no longer a “nice to have” but a “must-have.” This puts pressure on CPG business leaders to demonstrate greater environmental stewardship and social responsibility across all facets of the business – including the supply chain. A recent McKinsey report found that more than 90% of a company’s greenhouse gas emissions are attributable to its supply chain.
Selecting a 3PL that values sustainability is a key success driver to minimizing your environmental footprint and producing a greater return on investment.
How do suppliers gain control, increase efficiencies and decrease their environmental footprint? By partnering with a 3PL that owns its own assets and provides in-house value-added services. Let’s explore why these attributes are a difference maker for today’s sustainably-minded suppliers. Asset-based 3PLs own their trucking fleets and operate their own warehouses. They eliminate the need for middlemen – for extra layers of outsourcing that require additional mileage and create process inefficiencies. It also allows the 3PL to control its carbon footprint through fuel-efficient engines and complementary sustainable policies. Likewise, 3PLs that offer value-added services, such as repacking, labeling, bar coding, point-of-sale display services and more, eliminate the need for middlemen, limit transportation between facilities, and enable suppliers to move products through the Middle Mile more efficiently.
Companies that participate in the EPA’s SmartWay Program are leading the world in reducing emissions impacts and making freight transportation more sustainable. By measuring, benchmarking and assessing freight transportation activities to reduce emissions, suppliers can make a significant impact on the contribution of freight to cleaner air. When selecting a 3PL, ensure your partner of choice is doing its part to advance sustainability in freight transportation.
Building a sustainable supply chain is a strategic business decision. Partner with a 3PL that is a catalyst for decreasing your environmental footprint.