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BearingPoint Supply Chain Study Suggests Brand Image is Main Motivation for U.S. Companies to be "Eco-Friendly".


U.S. Companies Still Lag Europe and Asia in Delivering "Green" Products and Services, but Surprisingly the Issue Seems to be More about "Know-How" than Cost

MCLEAN, Va. -- BearingPoint, Inc. (NYSE NYSE

See: New York Stock Exchange
:BE), one of the world's largest management and technology consulting firms Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee
consulting company

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a
, announced today the results of a survey that suggest that corporate image is one of the most significant motivations for U.S. companies to be "eco-friendly". The survey results were gathered from data from more than 600 executives from large firms around the world.

Seventy-one percent of U.S. companies report that they proactively market the "environmental friendliness" of their products to their customers, which is comparatively higher than the global average of 59 percent. Yet, U.S. companies lag behind their global counterparts in developing "green" supply chains, the process by which products and services get from design to delivery and the operational area of many enterprises that is widely believed to leave the most significant environmental footprint.

Globally, the single-most important driver for companies to implement "greener" operations is regulatory compliance.

"For several years, U.S. companies have enjoyed significantly less regulatory oversight of their environmental impact," said Tom Wrobleski, BearingPoint's North American North American

named after North America.


North American blastomycosis
see North American blastomycosis.

North American cattle tick
see boophilusannulatus.
 Supply Chain Practice Leader. "Most of the investment into being environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1]  has been driven by improving the corporate image. The U.S. consumer wants to buy socially responsible products and companies know that.

"That said, we expect to see U.S. companies take a much closer look at their environmental impact during the next few years, as energy costs have skyrocketed making the motivation much less about regulatory pressure and corporate image, and more about cost-savings," continued Wrobleski.

Also of note is the fact that 36 percent said their greatest barrier toward the implementation of "environmentally friendly" supply chains is a lack of information while 11 percent saw cost as a limiting factor A factor or condition that, either temporarily or permanently, impedes mission accomplishment. Illustrative examples are transportation network deficiencies, lack of in-place facilities, malpositioned forces or materiel, extreme climatic conditions, distance, transit or overflight rights, .

"Companies want to be environmentally friendly," Wrobleski continued. "They know that in the long run, sustainability will become an increasingly important factor for corporate success as it will keep costs contained and ensure resources for the future. The problem, in many cases, is not that it's too expensive to implement "green" supply chains, it's that they don't know Don't know (DK, DKed)

"Don't know the trade." A Street expression used whenever one party lacks knowledge of a trade or receives conflicting instructions from the other party.
 how to."

While 83 percent of all companies surveyed claim to factor environmental concerns into their corporate strategy, slightly less than a quarter of U.S. companies have worked to implement "green" supply chains, while approximately 38 percent of European companies It may never be fully completed or, depending on its its nature, it may be that it can never be completed. However, new and revised entries in the list are always welcome.

This is a list of companies from the countries in the European Union.
 and nearly all Japanese companies This is a list of companies from Japan. Note that 株式会社 can be (and frequently is) read both kabushiki kaisha and kabushiki gaisha (with or without a hyphen). See that article for more details.  have taken steps to ease their environmental impact of their supply chain.

"The most significant strides we've seen in the U.S. are being taken by industry groups," said Wrobleski. "Industry groups often share the same suppliers and have similar supply chain models so it is in their best interest to work together to build efficiencies at an industry level and, at the same time, enhance the "environmentally friendly" image of their industry."

The survey also revealed that those companies which have acted are seeing a significant increase in customer satisfaction and are gaining some competitive advantage as a result; furthermore they are not only preempting likely new legislation, but also benefiting from savings in operating costs operating costs nplgastos mpl operacionales .

The survey questioned 601 directors of firms from around the globe with revenues ranging from $100 million to more than $1 billion.

BearingPoint is a global player in the Sourcing and Supply Chain space, currently employing more than 2,000 consultants with supply chain experience and more than 800 Supply Chain consultants, who engage full-time meeting the needs of BearingPoint's global client base. BearingPoint's Supply Chain and Sourcing team delivered more than 850 supply chain projects in 2007.

BearingPoint's areas of Supply Chain and Sourcing offerings include: supply chain strategy; sourcing and procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. ; product innovation and lifecycle management; supply chain planning collaboration and optimization; operations excellence; and logistics.

To view a copy of the full report, please visit: http://www.bearingpoint.com/greensupplychainsurvey2008

About BearingPoint, Inc.

BearingPoint, Inc. (NYSE: BE) is one of the world's largest providers of management and technology consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.)
service - work done by one person or group that benefits another; "budget separately for goods and services"
 to Global 2000 companies and government organizations in 60 countries worldwide. Based in McLean, Va., the firm has more than 17,000 employees focusing on the Public Services Public services is a term usually used to mean services provided by government to its citizens, either directly (through the public sector) or by financing private provision of services. , Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 and Commercial Services industries. BearingPoint professionals have built a reputation for knowing what it takes to help clients achieve their goals, and working closely with them to get the job done. Our service offerings are designed to help our clients generate revenue, increase cost-effectiveness, manage regulatory compliance, integrate information and transition to "next-generation" technology. For more information, visit the company's Web site at www.BearingPoint.com.

Some of the statements in this press release constitute "forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
" within the meaning of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. These statements are based on our current expectations, estimates and projections. Words such as "will," "expects," "believes" and similar expressions are used to identify these forward-looking statements. These statements are only predictions and as such are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Forward-looking statements are based upon assumptions as to future events or our future financial performance that may not prove to be accurate. Actual outcomes and results may differ materially from what is expressed or forecast in these forward-looking statements. As a result, these statements speak only as of the date they were made, and the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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Publication:Business Wire
Date:Feb 7, 2008
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