Green Business Practices include the Supply Chain
Companies are making great strides in developing new and innovative measures to decrease the negative effect on our environment through what is called green practices. There are many pressures by the consumers and governing agencies where the auto manufacturers are located to improve on green practices. This has pushed many companies to adopt green practices across the board to better themselves as well as increase sales and profits. The article “Green initiatives: A step towards sustainable development and firm 's performance in the automobile industry” written by Kushwaha and Sharma, they reviewed data to decide if following green practices yield positive results for automobile firms. The authors explore various practices such as; green product innovations, green marketing, and green supply chain management from reviewing over one hundred articles and research papers to analyze their results.
Green product innovations have had positive effect throughout the industry, consumers are looking to reduce fuel cost and decrease harmful emissions from vehicles. As new innovative ideas are implemented profit increases, “people are much more focused on environmental issues and when they buy an eco-product they can take the advantage of both cost and environmental protection,” (Kushwaha & Sharma, 2016, p. 117). The authors make reference to a process of developing a product with minimal resources called Resource Constrained Product Development (RCPD). This intended benefit of RCDP is, “lower prices and higher market penetration of new products, and it also provides unintended benefits include the economical use of resources and thereby conservation of scarce resources,” (Kushw...
... middle of paper ...
...s green practices a company participates in makes them more appealing to the customer. Cross-leveling efforts of all departments from administrative, marketing, advertising, facilities, and supply to implement green practices across the board should reap the benefits.
A company that is implementing green practices to include product innovation, marketing and supply chain management is proven to perform better compared to those who do not. Companies that have specific strategy with a mutual organizational goal that is clearly understood at each level of the company’s infrastructure will perform better amongst its competitors. Employees who can take pride in the products they produce and the company they are employed are more productive. Consumers are more apt to purchase a product when they feel is produced with limited negative effect to the environment.
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- The growing awareness about the importance of supply chain businesses in the areas of their performance, reputation, and sustainability has increased the need for various companies to have a greater understanding of the ways of engaging their suppliers and other major stakeholders to enhance sustainability of their business operations (Kashmanian, 2015). Indeed, as these companies operate along their different sustainability paths, there are also other linking or parallel courses, such as developing such sustainability into their supply chains, which normally entails multiple steps (Kashmanian, 2015).... [tags: Supply chain management, Supply chain, Management]
1449 words (4.1 pages)
- A supply chain may be characterized as a coordinated procedure wherein various different business elements (i.e., suppliers, makers, wholesalers, and retailers) cooperate with an end goal to: (1) gain raw materials, (2) change over these raw materials into indicated complete items, and (3) convey these last items to retailers. This chain is generally portrayed by a forward stream of materials and a retrogressive stream of data. For a considerable length of time, scientists and professionals have basically researched the different procedures of the supply chain separately.... [tags: Supply chain management, Logistics, Management]
4940 words (14.1 pages)
- Designing an efficient supply chain network ( SCN ) has always been a challenge for researchers . The importance of supply chain network design ( SCND ) was recognized already in the early 1970s [ ] . The goal of the most supply chain optimization problems is to minimize the total cost of the whole supply chain ( SC ) . However , industries are now subject to legislative and societal pressures to improve the environmental performance of their activities . The growing awareness of supply chain environmental aspects is now greatly recognized by academic and industrial communities [ ] .... [tags: Supply chain management, Supply chain, Management]
861 words (2.5 pages)
- This case study discusses a supply chain management approach analysis and describes how project managers should implement business processes to understand the importance of a successful project implementation. The case analyzes the “topics related to financial management, accounting, procurement, sales, marketing, contracts, manufacturing, distribution, logistics, the supply chain, strategic planning, tactical planning, operations management, organizational structures and behavior, personnel administration, compensation, benefits, career paths, and health and safety practices” (Schwalbe, 2011).... [tags: Business Management ]
1031 words (2.9 pages)
- Midterm Reflection In the first half of the course Advanced Business Logistics, I have found many items that have stood out over the past four weeks. Each weekly lesson plan has been logically broken down into segments that were easily understood and presented in a logical fashion. I have been pleasantly surprised and excited about the course content. I have been aware of many of the topics discussed which have been presented in previous courses but not to the detail that I have found in this current course.... [tags: Supply chain management, Logistics, Supply chain]
1329 words (3.8 pages)
- Business Analysis of FMC Corporation's Green River Facility FMC Corporation’s Green River facility is a large organization with many different product lines that cater to many different customers. The industry it serves is the chemical industry. With over 1,000 employees, they service over 100 customers with several different product lines. The Aberdeen facility on the other hand, has only 100 employees who service to only one customer with a single product. The Aberdeen facility, although small in numbers, has proven to be successful in growth and organizational effectiveness to the point that the Green River facility is interested in its organizational behaviors to incorporate them into... [tags: Business Management Green River Essays]
1000 words (2.9 pages)
- 1.- Introduction Starbucks is an international coffee house and it was created in 1971 when they opened the first store in Seattle, Newcastle. Currently, they own 21,000 stores in 65 different countries of the world, and their passion for the great coffee, excellent service and community interaction exceeds cultures and languages (Starbucks, 2014). This company is the number 1 brand coffeehouse chain in the world due to the best roaster, marketer and seller of speciality coffee. Its main slogan: “Our mission: to inspire and nurture the human spirit – one person, one cup and one neighbourhood at a time” (Jurevicius, 2013).... [tags: Coffee, Starbucks, Supply chain management]
1078 words (3.1 pages)
- Introduction: Nowadays environmental awareness is growing in the minds of each and every individual in the world. People are aware of the world’s environmental issues such as global warming, toxic substance usage, and inadequate resources. Governments are taking many proactive measures like campaigns to promote this problem to everyone in the world. Several businesses responded to this by applying green principles to their company, such as using environmental friendly raw material, reducing the usage of petroleum power, and using the recycle papers for packaging and so on.... [tags: Environment]
1244 words (3.6 pages)
- (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.... [tags: eco-efficiency, environment, development]
676 words (1.9 pages)
- Supply chain management (SCM) can best be described as link or connection between suppliers, manufacturers, distributors, and customers. Supply chain doesn't only apply to materials being moved but also applies to information being moved. In practice, it's moving items from supplier to manufacture to distributer to retailer and finally reaching the customers. The Supply chain method of shipment or way of business hasn't all ways been around in fact it rose to prominence during the late stage of the 20th century.... [tags: business, manufacturers, customers]
882 words (2.5 pages)