The Friday Report Blog: June 23rd, 2023

Quick wrap up of a few hot topic newsworthy stories in the supply chain logistics industry

Walmart Suppliers Meet 75% of Emissions Target

Walmart suppliers have achieved 75% of the retailer’s target to reduce greenhouse gas emissions, according to the company’s recent ESG report. Project Gigaton, launched in 2017, aims to reduce, avoid, or isolate 1 billion metric tons of emissions in Walmart’s supply chain by 2030.

So far, suppliers have cut or avoided over 750 million metric tons of emissions, putting the initiative ahead of schedule. More than 5,200 suppliers, representing around 75% of Walmart’s sales, have joined Project Gigaton. The company advises suppliers to focus on six areas for reducing their carbon footprint: energy use, packaging, transportation, waste, product use, design, and nature.

Furthermore, Walmart has established a sustainable supply chain finance program with HSBC Bank and the nonprofit CDP, which provides early payments to suppliers who meet specific environmental targets. Walmart’s Scope 3 emissions and supply chain footprint are currently being recalculated to enhance their accuracy and actionability.

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Colgate-Palmolive Improves Fulfillment Processes

Colgate-Palmolive has integrated Aera Technology’s Decision Cloud platform to optimize inventory management across its Hill’s Pet Nutrition plants, mixing, and distribution centers. Currently operating in three Hill’s Science Diet and Hill’s Prescription Diet plants, Aera’s solution enables informed and swift product allocation decisions by considering changing factors like forecasted demand and safety stock.

Though Aera did not disclose when the software was implemented or when it would be rolled out to other locations, Colgate-Palmolive intends to extend the use of Decision Intelligence throughout the company.

This development reflects a broader trend among companies toward leveraging technological solutions to enhance efficiency and insight across operations. Other firms, like Google Cloud and Serta Simmons Bedding, have also introduced software solutions this year for improved inventory management and forecast accuracy.

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DigiCert and ReversingLabs Agree to Partnership

DigiCert has partnered with ReversingLabs to enhance supply chain software security by integrating ReversingLabs’ binary analysis and threat detection services with DigiCert’s secure code signing solution. The collaboration will enhance software integrity, offering protection against malware, software implants, and tampering.

ReversingLabs will enable DigiCert to detect threats within its Software Trust Manager service more easily. This service provides a unified, centrally controlled workflow that generates a software bill of materials (SBOM) covering both internal and third-party software development.

The combination of these technologies will bolster supply chain security through automated workflows operating within DevOps environments and CI/CD pipelines, effectively protecting against software-based vulnerabilities and attacks, thereby increasing digital trust and customer confidence.

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