Sustainable Procurement Boosts Corporate Growth and Supply Chain Resilience

Sustainable Procurement Boosts Corporate Growth and Supply Chain Resilience

Recent research indicates that sustainable procurement is becoming standard practice for businesses, driven primarily by brand reputation, supply chain resilience, and green index rankings. Companies need to establish clear goals, assess supplier performance, build transparent supply chains, and strengthen collaboration to achieve economic benefits, social responsibility, and environmental protection. Sustainable procurement is a strategic choice for businesses looking towards the future. It's about integrating environmental, social, and ethical considerations into the purchasing process to minimize negative impacts and maximize positive contributions.

01/29/2026 Logistics Industry Insights
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Procurement Chiefs Focus on Cost Cuts to Lift Profits

Procurement Chiefs Focus on Cost Cuts to Lift Profits

A Consero Group survey reveals that most Chief Procurement Officers (CPOs) prioritize short-term cost reduction, reflecting a pragmatic choice in the current economic climate. Successful CPOs need to balance short-term cost control with long-term strategic sourcing. Digital transformation empowers new value in procurement, highlighting the increasing strategic importance of the procurement function in the future. This shift requires CPOs to be both cost-conscious and forward-thinking, adapting to evolving market demands and leveraging technology for sustainable competitive advantage.

02/04/2026 Logistics Industry Insights
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Port of Los Angeles Funds 57M Zeroemission Incentive Program

Port of Los Angeles Funds 57M Zeroemission Incentive Program

The Port of Los Angeles has launched a $57 million green transportation incentive program aimed at supporting the procurement of zero-emission cargo handling equipment and clean port vessels. This initiative is designed to reduce emissions and improve air quality while also boosting the local economy and job growth, setting a new benchmark for sustainability in the industry.

08/06/2025 Logistics
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Hefei to Host 2026 International Soybean Expo

Hefei to Host 2026 International Soybean Expo

The 2026 Hefei International Soybean Industry Expo (SPEE), China's largest annual event for the entire soybean product industry chain, will gather global attention. As a one-stop procurement platform covering raw materials, processing equipment, technology, warehousing, and transportation for soybean food production, the expo will also feature new technology releases and professional forums. SPEE aims to promote the development of China's soybean industry and ensure the security of the national supply of high-quality protein.

01/23/2026 Logistics Industry Insights
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Virginia Georgia Ports Form Alliance As East Coast Shipping Evolves

Virginia Georgia Ports Form Alliance As East Coast Shipping Evolves

The U.S. Federal Maritime Commission approved an alliance between the ports of Virginia and Georgia, aiming to enhance competitiveness through joint marketing, equipment procurement, and best practice sharing, addressing challenges posed by mega-ships and shipping alliances. This is not a pricing alliance but a strategic partnership designed to create a Southeast gateway and increase market share. The alliance could significantly impact the competitive landscape of East Coast ports, fostering greater efficiency and attracting larger vessels. The collaboration focuses on operational improvements and regional economic growth.

01/27/2026 Port Encyclopedia
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China Energy Modernizes Uzbekistans Grid Via EPCF Model

China Energy Modernizes Uzbekistans Grid Via EPCF Model

China Energy Engineering Corporation (CEEC) secured the Navoi-Yoshlik 500kV Transmission and Substation Project in Uzbekistan using the "EPC+F" model. This model effectively alleviates the owner's financial burden and reduces project risks by combining financing and engineering procurement construction. It also promotes the export of Chinese technology, standards, and equipment, providing a new paradigm for infrastructure construction in developing countries. The EPC+F approach offers a comprehensive solution, addressing both the technical and financial aspects of large-scale projects, contributing to sustainable development.

01/27/2026 Logistics Industry Insights
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Service and Cost Drive 2024 Forklift Purchasing Trends

Service and Cost Drive 2024 Forklift Purchasing Trends

The 2024 forklift application survey reveals that service quality and total cost of ownership are surpassing price as key factors in forklift procurement decisions. Companies are placing greater emphasis on reliability, service support, safety, and energy efficiency during evaluation. Economic conditions are influencing purchasing intentions, and regular replacement of parts is a primary maintenance focus. This shift indicates a growing awareness of the long-term value and operational efficiency offered by superior service and reliable equipment, rather than solely focusing on initial purchase price.

02/04/2026 Logistics Industry Insights
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New Challenges for Overseas Warehousing The Profound Impact of Segmented Procurement by E-commerce Platforms

New Challenges for Overseas Warehousing The Profound Impact of Segmented Procurement by E-commerce Platforms

This article discusses the challenges posed by segmented procurement on overseas warehouse companies within e-commerce platforms. It analyzes the drive of semi-managed models, concerns related to price wars, and risks stemming from policy changes. The emphasis is on the necessity for overseas warehouse enterprises to diversify their clients and service scenarios to cope with future uncertainties.

07/23/2025 Logistics
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Zhejiang Province Initiates Bulk Buying for Highcost Medical Supplies

Zhejiang Province Initiates Bulk Buying for Highcost Medical Supplies

Four major hospitals in Zhejiang Province have jointly launched a new round of centralized procurement for consumables, covering four categories: neurointervention, PICC, infusion ports, and ophthalmic heavy water. This centralized procurement emphasizes volume-based linkage and dual control of quantity and price, aiming to reduce healthcare costs, improve the coverage and accuracy of centralized procurement, and bring benefits to patients.

02/05/2026 Logistics Industry Insights
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Haizols 2025 Tour Connects Global Firms with Chinese Manufacturers

Haizols 2025 Tour Connects Global Firms with Chinese Manufacturers

Haizol's Winter 2025 Supplier Discovery Journey helps global companies connect with high-quality custom parts resources in China. Through on-site visits and efficient matchmaking events, it helps companies break down online information barriers, reduce procurement risks, and improve procurement efficiency, fostering long-term partnerships. Haizol is committed to connecting global businesses with quality Chinese manufacturing, creating a transparent, efficient, and reliable custom parts procurement ecosystem.

11/20/2025 Logistics Industry Insights
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