Sustainability and the Future of Retail Supply Chains | Richard Lim, CEO Retail Economics

Richard Lim, CEO of Retail Economics discusses the impact of sustainability and its principles on retail supply chains.

The retail industry is undergoing a period of immense disruption. The impact of the pandemic has affected all corners of the industry from initial stages in the supply chains to final mile delivery.

It has also highlighted retailers’ over-reliance on single suppliers and single-country supply routes for many businesses, forcing them to consider supplier diversification and even dual-sourcing to ensure supply continuity.

Retail Economics conducted research which found that almost 70% of retailers had conducted a review of their supply chains as a direct result of COVID-19. Conversations with retailers also highlighted that significant work that had already been conducted around Brexit planning, so they were better positioned to deal with the impact of the pandemic...

Topics discussed:
Sustainability (in the retail context)
Covid-19
Supply Chains
Security
ESG targets
Carbon Border Adjustment Mechanism
On-shoring, re-shoring, near-shoring
Consumer behaviour

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The opinions contained in this publication do not necessarily reflect the views of Retail Economics. Whilst Retail Economics endeavours to ensure that the information in this publication is accurate and that the articles contain nothing prejudicial to the position or reputation of any party, Retail Economics shall not be liable for any damages (including without limitation, damages for loss of business or loss of profits) arising in contract, tort or otherwise from this publication or any information contained in it, or from any action or decision as a result of this publication.

(C) Retail Economics (2019). The contents of this publication and those of all ancillary documents and preparatory materials are the sole property of Retail Economics and are not to be copied, modified, published, distributed or commercially exploited other than with the express permission of Retail Economics. All rights reserved.

[StripesLauk]

lets talk truth, without the day to day uints in our face to face sales you guys never five real sale percentages for record sales. this is the traditional lies to sales bollocks you keep promoting. you want real sales pay real comission. forget the sale graph. show the pay curve on your ptofits!! thats how you get real quality buyers who keep coming back