ModusLink Global Solutions Inc. (NASDAQ: MLNK) has been honored for the fourth consecutive year by Supply & Demand Chain Executive Magazine’s 2012 Green Supply Chain Awards.
The company was recognized for developing a creative and cost-saving package redesign for its line of flash memory products.
In 2011, a global consumer electronics company and long-time ModusLink client requested assistance in reducing the amount of packaging material for its line of flash memory products, including USB and USB Mini devices, SD and Micro SD cards. This initiative was driven by both environmental and cost-savings goals, including reducing greenhouse gasses emissions, volume of packaging material, and logistics and shipping costs. With a completely redesigned package and an innovative approach to the product inserts and user manual, the electronics company was able to save money by eliminating excess materials and drastically reducing transportation costs.
Specifically, the redesign resulted in: 50% cut in paper and fibre use and up to an 80% reduction with the smallest product; 50% reduction in the amount of plastic used, while maintaining the integrity of the previous package; 157% average increase in pallet density, and 45% reduction in shipping costs.
The 2012 Green Supply Chain Awards spotlight the different sustainable approaches that global businesses take to cut costs, save time, drive revenue and improve their carbon footprint in the areas of product lifecycle management, order demand capture, sourcing, technology and integration infrastructure, procurement and other areas of the supply chain.
ModusLink Global Solutions executes comprehensive supply chain and logistics services that improve clients’ revenue, cost, sustainability and customer experience objectives.