REUSABLE PACKAGING | SUSTAINABILITY | DIGITAL SUPPLY CHAIN
Big beauty brands ponder around the plastic; digitized logistics shift the future towards sustainable. Discover the conversation of reusable packaging as a competitive edge from this week’s In the Loop.
REUSABLE PACKAGING
Sustainable Packaging is a Competitive Advantage
“Consumers concerned about waste in landfills and oceans are demanding sustainable product packaging. Environmentally responsible packaging can be just as cost-effective as conventional methods but may require a change in thinking.”
Then why not use reusable packaging? The use of reusable versus single-use packaging reduces carbon emissions by 80%; moreover, it’ll make those consumers happy.
Our friends at Practical Ecommerce outline what sustainable packaging is, its competitive advantages, and where to find it.
SUSTAINABILITY
In a move toward sustainability, big beauty brands take a look in the mirror
The beauty industry produces 120 billion packaging units a year.
It’s no wonder big beauty brands are making moves towards sustainability. Especially as consumer demand for more sustainable packaging steadily increases.
Put simply, packaging from beauty products is not recyclable. Thus, by thinking around the plastic, big beauty brands respond to the demand for reuse and smarter recyclability.
DIGITAL SUPPLY CHAIN
World Economic Forum: The Race to Future-Proof Logistics
With COVID-19 exposing a number of vulnerabilities in today’s supply chains, companies affected by unexpected disruptions and shortages caused by the pandemic are racing to digitise their supply chain and logistics, future-proofing their organisations.
To achieve this, one key investment area is data and analytics, which is currently expected to have a market growth of US$5.5bn to US$8.9bn by 2025.
“COVID-19 has given the world a sharp reminder that manufacturing and their enabling supply chain ecosystems remain the most real and significant force in the global economy,” explains Felipe Bezamat, Head of Advanced Manufacturing Industry and Memia Fendri, Project Specialist, Advanced Manufacturing at the World Economic Forum…