The supply chain includes all the processes starting from the factory of production till it reaches the consumer. The Green supply chain is a sustainable version of the traditional supply chain with some changes. The pressure from different stake holders such as regulator, supplier and strategic obligations has leaded the companies to follow the green supply chain strategy. The advantage of Green supply chain for the company is to reduce cost of resources used such as energy. The other environmental factors such as environmental detoriation, decrease in the raw materials being used and increase in the pollution level has forced the organizations to look for ways other than the traditional supply chain. The following diagram shows how the Green supply chain is integrated with tangible outcomes, intangible value drivers and stake holder interests. The Green supply chain management concept is basically the integration of traditional supply chain management concept and the Environmental factor. Lamming and Hampson integrated these two concepts to come out with the Green supply chain management concept. According to Green et al. The green supply chain is “The way in which innovation in supply chain management and purchasing may be considered in the context of environment”. Green supply chain best practices: • Alignment of green supply chain goals with business goals: From the starting itself Green supply chain goals should be combined with business goals which in turn will help the organization to have a vision about how to spend the money and plan for it in advance. This will in turn help the organization to attain goals such as ecofriendly packaging, establishing the guidelines so as to decrease the energy consumpti... ... middle of paper ... ...and sustainable supply chain are the steps taken by the small and medium enterprises of the country as this leads to the effectiveness of the process. Looking and comparing the past data with the current we can reach to the conclusion that though the pace of implementing green strategies in manufacturing and supply chain is slow in developing countries but we have achieved certain mile stones in this. We need to take proper steps so as to decrease the cost and make the sustainable practices more effective. References: http://en.wikipedia.org/wiki/Supply_chain_sustainability http://www.thegreensupplychain.com/collectionlisting.php?colid=Green_Trends http://greensupplychain.org/Green_Supply_Chain.org/Welcome.html http://www.gxs.co.uk/resources/green-supply-chain http://www.ecovadis.com/website/l-en/benefits.EcoVadis-45.aspx http://www.sdcexec.com/blogs
Supplying eco-friendly products has been on the Walmart agenda since the early 1990s. After a failed first attempt and much criticism, the company decided to try again. In a speech made in October of 2005, CEO of Walmart, H. Lee Scott Jr., declared Walmart would devise a “business sustainable strategy” to reduce the environmental impact the company had. Walmart could not pull this off alone. If they only focused on the confines of themselves, rather than all that they were involved with, it was estimated that they’d only reduce their impact by about 10%. To reach that goal of 100%, Walmart had to involve stakeholders to make networks which achieve sustainability. These networks proved to be vital in not only Walmart’s goal in minimizing its environmental impact, but recovering their reputation, avoiding criticism, saving money, raising awareness, improving customer satisfaction, and creating incentive for other businesses to work towards sustainability.
A supply chain is a system through which organizations deliver their products and services to their customers. The network begins with the basic ingredients to start the chain of supply, which are the suppliers that supply raw materials, ingredients, and so on. From there, it will transfer the supplies to the manufacturer who builds, assembles, converts, or furnishes a product. The chain now needs to get the product to the consumer by transporting the finished product from the manufacturer through a warehouse or distribution center. An example is that Wal-Mart has a nearby distribution center where products are delivered there and then split up to be delivered to a retail Wal-Mart. “Wal-Mart will take responsibility for breaking down larger loads and delivering the product to other Wal-Mart stores” (Ehring 1).
“Supply chain. Product life cycle processes comprising physical, information, financial and knowledge flow or movements whose purpose is to satisfy end-user requirements with physical products and intangible services from multiple, linked suppliers.” In other words, supply chains compose a network of different companies that cooperate closely for goods delivery.
Supply chain management is basically refers to the fundamental supply chain analysis of the organization which predominantly describes functionalities from source to the delivery point. In this process of delivery, supply chain management framework divides in four categories: In Planning the products and suppliers evaluated and selected, Sourcing pull the information process including contracting, ordering and expediting, Moving is a physical process from suppliers to end user and Paying is the financial process including payment and performance measurement.
‘Supply chain management integrates supply and demand management within and across companies. It encompasses the planning and management of all activities involved in sourcing and procurement, conversion, and all logistics management activities. Importantly, it also includes coordination and collaboration with channel partners, which can be suppliers, intermediaries, thir- party service providers, and customers’. (Web: Council for Supply Chain Management Pr...
Manufacturing businesses and business leaders need to increase their focus on key success factors such as: innovation, productivity improvement, investment in people & skills, and funding. Innovation is not just about retention and development, or the latest technology. It’s also about practical and efficient problem solving and business transformation. In the manufacturing industry, this can be achieved by: refining or exploring new supply and distribution channels, establishing new business offerings, developing leaner organizational arrangements, improving processes, providing a better customer experience, and accessing green, clean technology – high on the agenda for environmentally conscious customers (Performance, 2011)
Sustainability of the supply chain has increasingly become a crucial aspect of corporate responsibility. Apart from being good for business, management of social, economic, and environmental effects of supply chain remains the right thing to do. Constantly changing markets have created complex landscapes that businesses must navigate to build sustainable supply chains. Sustainable supply chains aim at creating social, economic, and environmental value for all stakeholders throughout the supply chain. Building sustainable supply chains not only benefits the stakeholders but also aims at safeguarding business interests. Businesses can easily become sustainable by understanding who they are and working closely with people. Nestle is company that has been at the forefront in advocating for sustainable supply through the ‘creating shared value’ platform. The report makes recommendation on the role of supply chain management in attaining sustainability.
Supply chain management has been defined as that process that involves the management of information, materials, and all the finances that are handled within and across the entire supply chain process (Christopher, 2016). The management is usually done through out the entire supply chain management from that moment when the suppliers are involved through all the manufacturing activities, different distribution activities, and the way that the products are served to the final product consumer (Turban, et al., 2002). The process also includes all the activities that different organizations offers to their customers as after sale services for purposes perfecting their services and products towards their highly valued customers (Christopher,
Green marketing is defined as a trend in business where companies create an image of themselves as an environmentally friendly organization in order to gain favor with environmentally conscious customers (Rottkamp 1). First started in the 1980s, green marketing emerged as a strategy to endorse products that were said to be good for the environment. It began with the creation of Corporate Social Responsibility (CSR) Reports to examine the habits of companies so that it could be determined who was conducting business in a more environmentally-friendly way (McClendon 1). Additionally, it is usually used to promote awareness and encourage consumers to adopt habits that are better for the environment. While this movement has gained some popularity in recent years, it is still not a major aspect in large corporations. Nonetheless, many businesses have attempted to “go green.”
Sustainable supply chains (SSC) are a process, which employ purchasing policies and procedures that assist sustainable development at the centers of tourism. This aspect of tourism is particularly vital to implementing feasible tour operator practices. The final tourist product featured in both glossy brochures and enticing websites must be considerate of viable sustainable supply chain management to create long lasting destinations for the consumer. This report will discuss the benefits and drawbacks of SSCs, and attempt to assess how SSCs are used as a popular management tool in the tourism industry. “Sustainable supply chain management (SSCM) encapsulates the trend to use purchasing policies and practices to facilitate sustainable development at the tourist destination.” (Font and Tapper et al., 2008, pp. 260--271). To expand on this, there is an expectation that Supply Chain Management “emphasizes the logistics interactions that take place among the functions of marketing, logistics, and production within a firm and those interactions that take place between the legally separate firms within the product- flow channel.” (Pulevska-Ivanovska, L, 2007: 11) This definition encompasses the three main components of supply chain management: marketing, logistics and production. According to Dr Xavier Font, the tour operators’ product depends on 3 major sections: accommodation, transport and activities. (Font, X, 2011: 260) Supply chains vary depending on the nature of product and/or service. (‘UNEP’ 2013: 273) The diagram below illustrates the three main areas of impact: economy, society and environment.
Sustainable operation management is a management approach that involves planning, implementation and control of business operations that translate available resources into the required product or service. It is the management of business practices, traditions and operations to promote the highest level of efficiency, smooth workflow, and increased productivity in an organization. This management strategy ensures that the available labour force and materials are changed into products or services in a cost effective way to increase the company’s returns (Corbett, 2009). It also involves production waste management, food waste reduction, creating new opportunities, environment protection, and improving customer health. Sustainable operation management in the retail industry around the world has gained momentum in the recent years, in the face of customer pressure and media interest. It is particularly linked to the concepts of corporate social responsibility and global warming (Morrison, 2013).
Important companies like Shell, DuPont, BP has been reorganised to generate profits from this green market of goods and services. In this sense, it may sound altruistic, "the sustainability", the logic of profitability and competition is what will determine the ability of companies of the future to meet the changing needs of consumers.
A supply chain is an arrangement of associations, individuals, exercises, data, and assets included in moving an item or administration from supplier to client. Supply chain exercises convert regular assets, crude materials, and parts into a completed item that is conveyed to the end client. In advanced supply chain frameworks, utilized items might re-enter the supply chain sometime or another where lingering quality is recyclable. Supply chains connect value chains. A common supply chain starts with the natural, organic, and political regulation of characteristic assets, emulated by the human extraction of crude material, and incorporates a few creation interfaces before proceeding onward to many layers of storage houses of steadily diminishing size and progressively remote geological areas, and at last arriving at the customer.
Wong, C. W. Y. (2013). Journal of supply chain management. Leveraging environmental information integration to enable environmental management capability and performance., 114. Retrieved from http://go.galegroup.com.ezproxy.callutheran.edu/ps/retrieve.do?sgHitCountType=None&sort=DA-SORT&inPS=true&prodId=AONE&userGroupName=callutheran&tabID=T002&searchId=R15&resultListType=RESULT_LIST&contentSegment=&searchType=BasicSearchForm¤tPosition=3&contentSet=GALE|A330680497&&docId=GALE|A330680497&docType=GALE&role=
Mishra, P., & Sharma, P. (2014). Green Marketing: Challenges and Opportunities for Business. BVIMR Management Edge , 7 (1), 78-86.