77% of supply chain orgs plan to prioritize sustainability in supply chain

| Posted by unionwear

Supply Chain Brain cites a new report saying 77% of supply chain organizations claim to currently prioritize sustainability, or to have plans to prioritize it, in the coming year.

Moreover, 8 in 10 supply chain organizations currently have sustainability efforts underway. However, less than half of the respondents (38%) indicated their companies are able to actually measure the results of their efforts.

Despite the high interest in sustainability, only 14% of the companies are using or have plans to use electric vehicles (EVs) in the near term — although nearly half indicated they don’t know enough about EVs to make a decision.

“There’s no question the economy is having a major impact on all aspects of business, and the supply chain certainly is no exception,” said Satish Natarajan, DispatchTrack co-founder and chief executive officer. “At the same time, the C-suite recognizes that the last-mile delivery experience is crucial to customer retention, so they have to find a way to reduce costs without breaking their promise to customers.”

Other key findings include:

  • The majority of respondents, 75%, consider supply chain logistics to be part of their company’s overall business strategy.
  • Companies worry there will be a dip in demand — but they are much more concerned about rising costs.
  • Delivery execution (42%) ranked highest on respondents’ “opportunities for improvement” list for last-mile efficiency
  • 73% of companies are still struggling with driver shortages.

Read more here.