Executive Briefings

Retailers See Supply Chain as Key Part of Green Strategies

Leading retailers have benefited from green practices and are committed to continued incorporation of these practices into their operations, according to a Retail Systems Research (RSR) report released recently in partnership with the Retail Industry Leaders Association (RILA).

Ample opportunities still exist for additional savings, the report suggests. An overwhelming number of survey respondents say a reduction in energy consumption at the store level (92 percent) and throughout the supply chain (88 percent) present key opportunities to realize additional cost savings. Other opportunities identified in the survey include packaging (89 percent), product design (84 percent), and new store construction (79 percent).

According to the report, "Not only has the overall sentiment about green evolved, but the areas where retailers are investing have changed significantly. Retail winners have made even greater progress: for them green is rapidly creating a strategic advantage in all corners of the enterprise."

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Leading retailers have benefited from green practices and are committed to continued incorporation of these practices into their operations, according to a Retail Systems Research (RSR) report released recently in partnership with the Retail Industry Leaders Association (RILA).

Ample opportunities still exist for additional savings, the report suggests. An overwhelming number of survey respondents say a reduction in energy consumption at the store level (92 percent) and throughout the supply chain (88 percent) present key opportunities to realize additional cost savings. Other opportunities identified in the survey include packaging (89 percent), product design (84 percent), and new store construction (79 percent).

According to the report, "Not only has the overall sentiment about green evolved, but the areas where retailers are investing have changed significantly. Retail winners have made even greater progress: for them green is rapidly creating a strategic advantage in all corners of the enterprise."

Read Full Article