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Enter advanced analytics, artificial intelligence (AI), and automationthe holy trinity of supply chain transformation. Advanced Analytics: Turning Data Into a Crystal Ball If data is the new oil, then advanced analytics is the refinery. Beyond inventory, advanced analytics is also playing a crucial role in sustainability.
The logistics and transportation sector contributes more than one-third of the world’s carbon emissions, according to the IEA. Advanced logistics software, route optimization, and predictive analytics help in identifying efficient routes and anticipating disruptions.
The following is adapted from State of Green Business 2020, published by GreenBiz in partnership with Trucost, part of financial information and analytics giant S&P Global.
Decarbonization and Smart Logistics at DP World DP World has a clear vision for decarbonization, with ambitious goals to reduce emissions and lead the logistics industry toward a more sustainable future.
Green logistics-focused startup shipzero announced today that it has raised €8 million (USD$8.7 Schedlbauer said: “We experience a high level of interest in our product since shippers and logistics service providers need reliable data on their emissions to remain competitive.
To investigate what supply chains are facing, DP World and Supply Chain Dive co-authored a report, Supply Chains Prepping for a Greener, More Agile Future , that is based on an industry survey of nearly 160 supply chain, logistics, and operations leaders. Without this visibility, they're flying blind and are more susceptible to disruptions.
Plus, Booster’s integrated data platform is rich with data insights, and provides analytics that enable customers to measure and report on their carbon reduction – a growing concern for customers striving to achieve ESG goals. Customers save time and money while advancing their decarbonization goals. Learn more here: [link] #ESG.
A gallon of SAF can cost up to five times that of Jet A, according to S&P Global Platts Analytics , and it’s unlikely that market forces alone can bring that down to the point where the demand for SAF could justify dramatically scaling up production. We need to look at logistics providers. That applies to more than passenger airlines.
Here at Ericsson, we take the need to decarbonize seriously. With the help of various analytical techniques and fuel-based, distance-based, cost-based methodologies, we were able to calculate the emissions associated with transportation. Improving transport efficiency Avoid short lead time by using forecasting.
With accurate, transparent, and advanced analytics reporting, companies can identify areas for action, simulate scenarios, and hit their sustainability goals in order to minimize waste, reduce carbon emissions, and improve sustainable supply chain performance. Manoj Mathew, vice president, Sustainability, Cognizant.
Government funding of over £5 million has been provided to help launch innovative ideas that could transform rail travel and help decarbonize the rail network. Project title: Lead organisation: Project grant: Transforming high-speed rail logistics. VARAMIS LTD.
Catastrophic droughts, floods, and extreme weather events are no longer hypothetical concerns; they are actively reshaping trade routes, escalating costs, and forcing industries to rethink their logistics strategies. Navigating Regulatory Pressures Environmental regulations and carbon-based taxes are reshaping the logistics landscape.
Take a closer look: A Decarbonization Journey with Neiman Marcus Group Breaking Down the Key Components of a GHG Inventory GHG inventories divide emissions into three primary scopes, each representing a distinct aspect of a business's carbon emissions.
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