Spinnaker named Green Supply Chain Leader
Supply chain consultants Spinnaker have been named as a green supply chain leader for the fourth time since 2008.
The accolade, presented by Supply & Demand Chain Executive magazine, recognises companies that are making sustainability a core part of their supply chain strategy by providing supply chain solutions and assisting their customers in achieving measurable sustainability goals.
Spinnaker has surpassed an earlier goal to reduce solid waste by more than 50 percent in addition to exceeding each of their annual goals over the past three years related to energy usage in the company’s production facilities.
More recently, Spinnaker have also implemented enhanced recycling programs at several of their supply distribution centres, where programmes shifted items from the waste stream back into raw materials, generating thousands of dollars in positive ROI for the organization. These practices will be put to the test as the firm continues its expansion in January of 2013 with a new facility in Columbus, Ohio.
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"We take pride in the acknowledgement of Spinnaker's long-standing commitment to leveraging green, sustainable supply chain practices within our own organization," said Rob Benson, Managing Principal at Spinnaker.
"As a supply chain services provider, we are equally committed to leveraging our expertise to help our clients achieve critical sustainability objectives for their operations, particularly when they have not yet fully unlocked the potential benefits, both environmentally and financially."
Spinnaker's dedication to green supply chain solutions has become even more central to their services, particularly in the area of Returns Solutions, where they have developed a more strategic focus and expertise as part of its VAWD services.
"Spinnaker really does put ideas into action when it comes to green supply chain practices," said Jeff Jorgensen, Vice President of Supply Chain Execution at Spinnaker. "It's the domino effect that is exciting. The more we show clients tangible results from sustainable business practices, the easier it becomes to see the ripple effect of that success and impact across their organization."
*Story taken from PR Newswire
XPO Logistics Completes Spin Off of GXO Logistics
XPO Logistics has completed its spin-off of GXO Logistics, creating two independent public companies.
GXO Logistics today marked the occasion by ringing the opening bell on the New York Stock Exchange. GXO leadership and board members were in Manhattan to mark the “exciting milestone in GXO’s history”, opening Wall Street and celebrating the business’s first day of regular way trading.
“We consider it a privilege to launch GXO as a new company at the top of the industry — the world’s largest pure-play logistics provider,” said chief executive Malcolm Wilson, in a statement. “We have a powerful platform for future growth, including our culture of innovation, strong customer relationships, seasoned leaders and a world-class team. This is day one of unlocking vast new potential for our company.”
GXO Logistics in Brief
- CEO: Malcolm Wilson (formerly CEO, XPO Logistics Europe)
- Employees: 94,000 approx.
- Warehouse capacity: 208m sq.ft
- Key customers: Apple, Nike, Whirlpool, Nestlé
XPO’s Pure-Play Strategy
XPO Logistics announced plans to spin off its logistics division in December 2020, with the intention of creating two pure-play entities focussed on contract logistics (GXO) and freight transportation (XPO).
In an interview last month, GXO Chief Investment Officer Mark Manduca said there is “massive scope” for growth both organically and through M&A activity. "A deep pool of potential new business exists for GXO, both through share gain and penetration,” he added, explaining that companies are increasingly looking to outsource logistics as supply chains become ever complicated.
GXO is a leader in logistics automation and robotics, leveraging AI and machine learning to ‘turn logistics into a competitive advantage’ for its customers. It has approximately 94,000 employees, and counts Apple, Nike and Whirlpool among its blue chip customers. The company says it will also look to strengthen its presence in other high-growth areas, primarily ecommerce, apparel, technology, food and beverage, and consumer electronics. The company has 208m+ sq.ft of warehouse space across 869 locations in 27 countries.