Sustainability in Logistics Industry
Freight forwarders and logistics providers are constantly building on new technologies to sustain in this competitive market. In a report by Bob Trebilcock, Sustainability in logistics is ranked as extremely important and most of the logistics companies in India and across the world have implemented sustainable solutions in the last few years. This push for sustainability in logistics continues and those involved in modern manufacturing and shipping, especially freight forwarders and shippers can identify its potential, costs, obstacles and advantages and its impact on the future of manufacturing and logistics.
Need for sustainability in logistics
To achieve sustainability in logistics, one requires transparency and integrity as fundamental building blocks. If freight forwarders or a 3PL providers are unable to provide information or changes in the information, the trust and transparency cannot be built, hence sustainability in logistics can only be gained through technology that is the backbone of logistics. We at 20Cube are implementing the latest technologies to provide significant benefits to logistics companies in Chennai through our MyHub portal that offers complete visibility and control on the orders and consignment.
Obstacles to sustainability in logistics
Cost is the most common perceived obstacle for sustainability as it requires a huge initial investment. Other than that, there are various other obstacles:
Packaging: Protective packaging is important for sustainability and most of the companies have moved toward using plastic air pillows, the demand for which is growing rapidly.
Capacity: Obstacles also relies on the capability of the organization which is not impossible to achieve. Freight forwarders have to work with partners to get the full capacity of existing fleets, shippers, 3PL providers and logistics providers with 100 per cent efficiency. The use of transportation planning programs can help organizations to take advantage of capacity limitations to reduce emissions and move forward for a sustainable future.
Reluctance to change: As people are so used to the conventional methods, they are reluctant to change to the new processes which are profitable and favours sustainable ventures. But the rise of the internet and evolving technology has caught the eye of freight forwarders and they are spending more on innovations and creativity to bring in awareness and transparency with the customer.
Understanding sustainability in logistics measures impacts the shipping processes to a lot extent and benefits the customers and shippers toward a better and sustainable tomorrow.