(chin, 2012)In supporting environmental sustainability, managing product returns has become a very important and challenging issue. Responding to this trend, researchers in many parts of the world have conducted numerous studies in reverse logistics and reverse supply chain that were considered separately from the forward channel of supply chains. Meanwhile, there are opportunities to create added values from product returns and to improve efficiency when both channels are considered in an integrated way, as a closed loop supply chain. On the other hand, remanufacturing is a very appealing option among product recovery processes that has potential to increase the value of product returns. However, the available literature and theories on closed loop supply chain with remanufacturing are still limited. This paper aims to provide a literature review that covers closed loop supply chain with remanufacturing to identify its characteristics based on previous works in this area. The review methodology discontent analysis, classified into managerial aspects and technical aspects with their subsequent topics. Related literatures will be mapped under the above mentioned structures while identifying other important aspects that have potentials for further study. An outline of research opportunities will presented as a result of the review. (preuss, 2013)Birds flap their wings in oil-infested coastal waters, unable to take off. Trees in a coniferous forest have lost all but a handful of their needles. An empty landscape is scarred by open-cast mining. These are just some of the images that have brought home the enormous costs to the natural environmental of industrial development. (beamon, 1999)Sustainable development has made remarkabl... ... middle of paper ... ...nal supply chain perspective. The “quality revolution in the late 1980’s and the supply chain revolution in the early 1990’s” have sparked businesses to become environmentally conscious. GrSCM has gained popularity with both academics and practitioners to aim in reducing waste and preserving the quality of product-life and the natural resources. Eco-efficiency and remanufacturing processes are now important assets to achieve best practice (Ashley, 1993; Srivastava, 2007). Global market demands and governmental pressures are pushing businesses to become more sustainable (Guide & Srivastava, 1998; Gungor & Gupta, 1999). Walton, Handfield and Melynyk (1998, p. 2) even claim that “increasing government regulation and stronger public mandates for environmental accountability have brought these issues into the executive suites, and onto strategic planning agendas.”
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.
With sustainable business the retailer is forced to look at the full production chain of the product and analyze how best they can address socio-economic and environmental issues associated with their
The English retailer Marks and Spencer aims to be the most sustainable major global retailer in the world. To expedite this process, they have configured sustainability as one of their core strategies. Marks and Spencer have made a clear commitment: Plan A will measure milestones, timelines and employee accountabilities. The sustainability strategy that is being integrated into every business function and strategic business unit; will involve suppliers, employees and more increasingly customers. (Richardson, Page 98, 2015)
"The Industrial Revolution and its Impact on our Environment." Eco Issues. N.p., 27 Aug 2012. Web. 10 Apr 2014.
The business environment is increasingly becoming competitive and challenging. In the recent past, manufacturers have found themselves facing the threat of dwindling profit margins due to unfortunate global events such as the 2007 global financial crisis and the on going Europe economic crisis. The need to improve operation efficiency so as to ensure current and future investment yield the highest rate of return has therefore become extremely important. Manufacturers are now actively engaged in, managing their costs, Research and Development, adopting best procurement strategies, among other Actions. While such actions might eventually lead to positive results, additional business value can be achieved through proper management of the supply chain (Waymer, Ivanaj & Mussa 2009; Krivda 2004).
Also, there is a need to focus our attention concerned with important issues: economy, environment and society. There is a rising concern over the environmental impact of production and supply chain systems (Xun Wang1, 2016). Being a fully fledged documented problem, the Bullwhip effect possibly affects many businesses in serial supply chains across a variety of industries (Metters,
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.
This chapter explains more about reverse and green logistics, and both topics will be discussed, defined and explained in greater detail, to help the reader form a deeper understanding of the two issues. Through this theory, Walmart can be analysed on the impact both practices have had on the company, and how each are different. The positives and negatives of using these practices will be discussed, as well as how and why Walmart have felt it necessary to start applying these practices to their supply chain. Many sources will be looked at, to be analysed and compared to suggest whether the practices are having more of a positive impact than negative. The benefits and challenges of adapting a reverse logistics model will be assessed, as well as the green supply model used in green logistics and the issues dealing with that. The differences and similarities will be compared, using different sources and which theory would be the best in analyzing the company.
Supply Chain Management (SCM) plays one of the most primitive roles in determining the successful running of a business, especially the one that deals with food sector. Having an efficient and effective supply chain is a prerequisite to maintain the quality of product, as well as the process when we talk about food industry. Reverse Logistics, being an integral part of SCM, is usually neglected, specifically in the Indian industry given a few important constraints. The 5 major attributes of Reverse Logistics (Recall, Return, Recycle, Review and Repair) are necessary considerations for effective Business Operations.
Green practices across the automotive industry have shown to be very effective to mitigate both external and internal pressures of providing an environmentally sound and friendly product. The method in which the supply chain is maintained needs have the same goal as that of the
Reverse logistics is the process of returning faulty goods from customers. Reverse logistics and returns management continue to be an important part of the world economy. The development of a reverse logistics competency could augment a firm’s supply chain strategies, and if well executed, could transform returns from a cost center to a profit center by extending the productivity of materials, resources, and labor. Information Technology can improve the reverse logistics benefits for a firm that collaborating with supply chain members. In having a superior logistics performance, some competencies are required in considering relationships, technology, and reverse logistic. (Tyler R. Morgan, Robert Glenn Richey Jr, Chad W. Autry, 2015)
As stated in the book, Invitation to Environmental Sociology, “it is mutual economic striving that keeps us always struggling to increase production, often with little regard for social and environmental consequences; in sum, the tendency of unfettered market forces is for increased growth, increased production, increased environmental consequences, and increased inequality” (Bell, 2012, p.60 & 63). Therefore, some of the main problems associated with this treadmill deals with the environment and it’s affects. As stated, the main environmental problems with this treadmill are over use of resources and waste. According to sociologist Michael Bell, “producers wind up robbing both from society and from the land through the destruction of overworked productive capacities,” such as: fisheries, farms, coal mines, oil and fossil fuel refineries, crops, water supplies, and this “extensive consumption leads more efficient production and increase in resources until in the end there is simply nothing left” (Bell, 2012, p.70-71). It is clear to see how overproduction can lead to destroying the environment through over use of resources but it also affects the environment through the over abundance of waste and pollution from factories. The more people consume the more waste and pollution is produced; therefore, this becomes a major issue because it begins to cause for human health to decline as well as the health of the plant it to decline. As waste and pollution builds, the more it causes for negative effects in a vicious cycle that would be hard to reverse after the damage is
Environmental pressures have caused green supply chain management to emerge as an important corporate environmental strategy for organisations’ processes. Our discussion will describe, illustrate and critically evaluate the purchasing process of Woolworths. It will further identify the steps of the purchasing process, the effect of green purchasing and sustainable purchasing. Moreover, the essay will go on to look at the effort that Woolworths has made through their programmes and initiatives of green purchasing.
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.
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.