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While not a new concept, sustainability is fast becoming a standard expectation of consumers, forcing manufacturers to seek viable, repeatable ways to improve their sustainability profile. Although conventional wisdom dictates that sustainability will increase costs, organizations are realizing that sustainable best practices can frequently result in increased cost savings.
"Our clients are turning to us to help them reduce both costs as well as the environmental impact of their supply chain processes," said Lorcan Sheehan, senior vice president of marketing, ModusLink. "Most consumer product OEMs want to be socially responsible. ModusLink's in-depth understanding of our clients' business processes and sustainable best practices allows us to work with them to identify and implement practical steps to realize their sustainability and cost objectives."
ModusLink's Sustainable Solutions Suite is designed to help supply chain practitioners minimize the environmental impact of their supply chain processes and reduce total supply chain costs. The Company evaluates an organization's carbon footprint and offers a solution set to reduce Green House Gas (GHG) emissions, reduce the use of plastics, increase the use of recyclable materials and minimize the amount of product and components sent to landfills. Through its work with the world's leading technology brands, ModusLink has developed sustainable packaging solutions that are designed eliminate 4,085 metric tons of greenhouse gas emissions from the environment every year; or a savings of 8,254 barrels of oil.
For additional information about ModusLink's Sustainable Suite of Solutions, please visit http://www.moduslink.com/supplychain/sustainablesolutionssuite.cfm.
About Supply & Demand Chain Executive
Supply & Demand Chain Executive is the executive's user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. On the Web at www.SDCExec.com.
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.
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.
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.
SOURCE: ModusLink Global Solutions, Inc.
ModusLink Global Solutions, Inc. Media: Farrah Phillipo, 781-663-5096 PR/Communications Manager farrah_phillipo@moduslink.com or SHIFT Communications Maura Landry, 617-779-1829 mlandry@shiftcomm.com or Investors-Financial: Bob Joyce, 781-663-5120 Director, Investor Relations ir@moduslink.com
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