Oracle's Approach to Sustainability in the Retail Industry
Leading retailers recognize that environmental responsibility is good business, and that well-structured environmental practices deliver triple bottom line benefits to people, planet and profits.
Consumers are increasingly factoring environmental and sustainability considerations into their purchase decisions, and they want to know that retailers are helping them make environmentally smart choices. Whether purchasing groceries, hard goods, or apparel, consumers want to choose products with low energy usage and minimal packaging waste, and are learning to ask about green manufacturing processes. Reducing energy consumption in stores, distribution centers, and across the distribution network also presents cost reduction and efficiency opportunities for retailers that they can promote as green initiatives to their customers.
Packaging: Companies in the food, beverage, and consumer products industries plan to cut packaging waste by 2.5 billion pounds between 2011and 2020 (Grocery Manufacturers Association) . Retailers are looking to reduce packaging weight and waste, both by focusing on their own packaging practices, and by encouraging manufacturers to optimize the sustainability of and "lightweight" product packaging.
Energy efficiency in stores and distribution centers: Retailers are looking to curb carbon emissions and reduce costs by gaining higher energy efficiencies across their stores and distribution centers. Installing low-energy lighting, insulation, and efficient refrigeration are just a few examples of how they are doing this.
Supply Chain: Fuel is a big expense for a retailer's distribution network. Transportation management solutions can help reduce fuel costs by optimizing load plans, truck routes, and driver assignment to loads. Oracle can also help retailers monitor and manage the carbon footprint for their transportation networks and the supply chain services they provide through load, route, and transportation mode optimization.
Oracle's sustainability-related solutions can help retailers drive towards sustainable business operations, reduce the carbon impact of their stores, distribution centers, and supply chain networks; and grow sales from the growing population of environmentally conscious consumers.
Oracle Product Solutions
Risk and Performance Management
Keep consumers informed of your green processes
Differentiate from competitors
Build brand loyalty with environmentally conscious shoppers