Holistic, "cradle to cradle" approach ensures maximum sustainability and cost efficiency from design to recovery
WALTHAM, Mass.--(BUSINESS WIRE)--Feb. 10, 2009--
ModusLink Global Solutions™, Inc. (NASDAQ: MLNK),
a leader in supply chain business process management, is helping clients
reduce the environmental impact of their supply chain processes by
offering a Sustainable Solutions Suite designed to deliver maximum
sustainability at the lowest total cost across the end-to-end supply
chain network. The Suite of Solutions encompasses a range of services
from package design to network optimization and simulation, to
Greenhouse Gas (GHG) footprinting.
Sustainability within the supply chain has migrated from a goodwill
philosophy to an expected market condition. In a 2007 survey by the
nonprofit group Sustainable Packaging Coalition (SPC) and Packaging
Digest magazine, 73% of 1,255 respondents who are involved in
packaging reported that their companies had increased the emphasis on
sustainable packaging. However, most of the attention has been focused
on minimizing the carbon footprint through creative transportation,
alternative fuels, and sustainable packaging efforts. ModusLink takes a
holistic approach to its supply chain solutions, and has applied that
same methodology to its sustainability efforts by developing solutions
that reduce all GHGs rather than just the dominant element of carbon.
This holistic methodology also enables clients to see the positive
impact sustainability can have on the bottom line.
“A common misconception that plagues sustainability programs today is
that implementing more sustainable processes translates to an increase
in cost, when in fact it can significantly reduce the total landed cost
of a product,” said Ryan Humphrey, director of professional services for
ModusLink. “ModusLink is working with many clients to look at the entire
supply chain network and identify offsets at every step. By considering
things such as GHG emissions during manufacturing and logistics, along
with package design, material costs and recycling of returned products
or parts, many companies can achieve a cost savings.”
ModusLink has the necessary tools, expertise and connections to identify
the right solutions for clients, including leading assessment and design
software, existing relationships with sustainable materials suppliers
and an in-house team of sustainability experts. The Company is at the
forefront of the sustainability movement, working with industry leaders
to develop better tools and technology. ModusLink is currently beta
testing the SPC’s Comparative Packaging Assessment (COMPASS), an online
software tool that allows packaging designers and engineers to compare
the human and environmental impacts of their designs and is a member of
the Wal-Mart Stores Inc. Packaging Sustainable Value Network.
ModusLink’s Suite of Sustainable Solutions includes:
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Sustainable Packaging — Using the Wal-Mart Sustainable
Packaging tool and the soon to be released SPC COMPASS, in conjunction
with other industry standard tools, ModusLink measures and analyzes
the amount of carbon emissions of various packaging types and provides
customers with feedback as to whether or not their traditional
packaging is eco-friendly. ModusLink also uses a 4D methodology to
model current packaging design along with multiple new variations for
the client to consider that compare labor, material pallet density and
carbon emissions.
-
Optimized Configuration — Reviewing an organization’s
end-to-end supply chain helps customers understand how each part of
the supply chain affects GHG emissions. By integrating the Network
Optimization and Simulation service into the sustainability program
helps optimize for GHG/carbon emissions and understand how it impacts
all other costs in the supply chain.
-
GHG Optimization — Offering expertise and tools to measure and
analyze each trade-off, including carbon emissions for logistics and
all GHG emissions for operational activities – as well as the
capability to assign value to carbon credits – ModusLink is able to
provide customers with recommendations on a sustainability program
that fits their specific needs and geography.
ModusLink’s Aftermarket Solutions complement the Sustainable Solutions
Suite by offering services such as recycling and refurbishment of
returned or excess inventory and value recovery programs to maximize the
use of all product that is manufactured.
All of the Sustainable Solutions have a critical impact on GHG
emissions, either by lowering the overall output or identifying when,
where and how to execute a reduction in GHGs. For example, Torrent,
Inc., a ModusLink client that develops high-performance, eco-friendly
HDMI and component cables for the consumer electronics market, leveraged
ModusLink’s Sustainable Packaging Solution to redesign its product
packaging to employ recyclable materials and non-hazardous inks. Torrent
also will be able to reduce GHGs emitted during transportation with a
smaller package to fit more units in the warehouse and on a pallet.
“Sustainability is one of the foundations of our business,” said Craig
Palli, CEO and co-founder of Torrent. “Our products are designed to be
eco-friendly and free of harmful substances. It would be unthinkable to
deliver them in a package that was not. Due to ModusLink’s unmatched
in-house expertise, we are able to reduce the size of our packaging and
use recyclable materials we previously believed were not an option,
while still meeting retailers’ requirements. ModusLink’s knowledge and
continuous, open communication during the design process enabled us to
exceed our own very high sustainability standards, and as a result, they
have become a trusted and valued partner in our go-to-market strategy.”
ModusLink has a deep commitment to sustainable practices and is a member
of the Sustainable Packaging Coalition, Wal-Mart’s Sustainable Value
Network (SVN), National Recycling Coalition and Southeast Recycling
Development Council. For additional information about ModusLink’s
Sustainability Suite, please visit www.moduslink.com/supplychain/sustainablesolutionssuite.cfm.
About ModusLink Global Solutions
ModusLink Global Solutions, Inc. is a leader in global supply chain
business process management. The Company executes critical processes for
clients in the consumer electronics, high technology and communications
industries to provide competitive differentiation and enable new channel
and new market opportunities. An integrated portfolio of supply chain
business process outsourcing and technology solutions span four core
competencies: supply chain, aftermarket, e-Business and entitlement
management. ModusLink Global Solutions has headquarters in Waltham,
Massachusetts and more than 30 facilities in 14 countries – giving it
the largest global footprint in the industry. For additional
information, visit www.moduslink.com.
About Torrent
At Torrent, we believe that maximum performance can co-exist with
minimal environmental impact. We apply innovation and thoughtful design
to develop high-performance, high-quality electronics in the most
eco-friendly way. These include HDMI™ and component cables incorporating
our patent-pending MagLoc™, VeriFYI™, Lever-Loc™, AmpliFire™ and Signal
Armor™ technologies for more reliable connectivity, reduced
interference, data correction and enhancement; all steeped in green
sensibility from the get-go. The result? Superior performance for
consumers, diminished waste for earth. Founded in 2007, Torrent is
headquartered in Needham, Massachusetts. For more information, go to www.torrent-inc.com.
This release contains forward-looking statements, which address a
variety of subjects including, for example, the expected benefits of the
Sustainable Solutions Suite. The following important factors and
uncertainties, among others, could cause actual results to differ
materially from those described in these forward-looking statements: The
Company’s success depends on its ability to execute on its business
strategy and the continued and increased demand for and market
acceptance of its solutions and services, including the Sustainable
Solutions Suite; the Company may not be able to expand its operations
and capabilities in accordance with its business strategy; the Company
may experience difficulties integrating technologies, operations and
personnel in accordance with its business strategy; the Company derives
a significant portion of its revenue from a small number of customers
and the loss of any of those customers would significantly damage its
financial condition and results of operations; the Company frequently
sells to its supply chain management clients on a purchase order basis
rather than pursuant to contracts with minimum purchase requirements,
and therefore its revenue is subject to demand variability; increased
competition and technological changes in the markets in which the
Company competes; and risks associated with international operations.
The occurrence of any of the foregoing factors may have an adverse
effect on the Company’s results of operations and financial results. For
a detailed discussion of cautionary statements that may affect the
Company’s future results of operations and financial results, please
refer to its filings with the Securities and Exchange Commission,
including its most recent Annual Report on Form 10-K and Quarterly
Report on Form 10-Q. Forward-looking statements represent management's
current expectations and are inherently uncertain. We do not undertake
any obligation to update forward-looking statements made by us.
ModusLink Global Solutions is a trademark of ModusLink Global
Solutions, Inc. All other company names and products are
trademarks or registered trademarks of their respective companies.
Source: ModusLink Global Solutions, Inc.
ModusLink Global Solutions, Inc.
Investors-Financial:
781-663-5012
ir@moduslink.com
or
Media:
Farrah
Phillipo, 781-663-5096
PR/Communications Manager
farrah_phillipo@moduslink.com
or
SHIFT
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Maura Landry, 617-779-1829
mlandry@shiftcomm.com