OPERATIONS
“ Failure to adapt to these changing demands could result in lost market share and decreased customer loyalty .”
“ Failure to adapt to changing demands could result in lost market share and decreased customer loyalty ”
ARCHITA PRASAD VICE PRESIDENT OF STRATEGY AND NEW PRODUCT DEVELOPMENT UPS CAPITAL
UPS Capital ’ s commitment Of course , there are a great many ESG initiatives that logistics and retail companies can incorporate to make their business operations more sustainable – each with varying degrees of difficulty .
One useful place for merchants to start is by using recyclable shipping and packaging materials and encouraging shipment consolidation and slower shipping timelines to optimise delivery density .
Meanwhile , Archita suggests implementing green and renewable energy sources for warehouses and establishing carbon offset programmes , which can significantly reduce a company ’ s carbon footprint .
She adds : “ Collaborating with shipping carriers who are committed to ecofriendly shipping practices plays a crucial role in promoting sustainability across the supply chain .”
UPS Capital is itself promoting sustainability in logistics and harnessing the power of artificial intelligence to do so . Its DeliveryDefense Address Confidence solution leverages advanced
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