In light of the concern for environmental safety, businesses are giving increasing importance to take environmental friendly initiatives in their operations. There are a number of driving forces for the companies to implement green supply chain in their business practices. The implementation of green supply chain and other environment friendly practices not only add to the corporate social responsibility portfolio of the company but also enhance sustainability and competitive advantage in the changing global scenario. The major international businesses have successfully implemented business practices such as eco-efficiency, cleaner production systems and an effective environmental management system in their processes. The major drivers influencing the use of environmental friendly processes are regulatory compliances, risk management, increasing efficiency and market expectations. The use of a supply chain environmental management (SCEM) starts from identifying suppliers pertaining to the environmental performances and conducting the business in the proper manner to maintain adherence with the regulatory requirements. The implementation of the green supply chain management plays the most important role in ensuring that all the environmental concerns are addressed along with maximizing the efficiency and sustainability of the business. The green supply chain is adopted by businesses to decrease the environmental risks and increase the profits and market share for the business. In the recent few years it has been clearly observed that the businesses which are able to minimize the ecological impacts of their production processes and which have implemented the concepts of recycling wastage and environmental management have been able to expand their business and also displace the players who have not maintained an efficient environmental performance in their processes. Discussion Sustainable and green supply chain management has emerged as necessary approaches for the businesses to remain environmentally sustainable as well as maintain their competitive advantage. The implementation of a green supply chain management in a business benefits the business in a number of ways the most critical being achieving sustainability (Florida, 1996, pp.80-105). The use of a green supply chain management system is a complex process starting with the identification of key processes, adherence to the environmental laws, assessing the benefits to the environment and the society, designing an efficient performance measurement system, evaluating alternatives for suppliers, vendors and distributors and implementing procedures for improvement (Beamon, 1999, pp.332-342). The different environmental management practices adopted by a business have a significant effect on the operation as well as the performance of the business (Erasmus, 2000, pp.28-33). The evaluation of the environmental approaches taken up by organizations has shown significant relationship between the environmental management system
Sustainability and the Green Supply Chain Contents Contents 2 Introduction 3 Discussion 4 Conclusion 12 References 13 Introduction The concepts of sustainability and green supply chain have evolved as critical factors in running a business in the present world where environmental factors are being enormous importance by the companies as well as the communities…
Activities involved in supply chain management range from product development, logistics, production, sourcing to information systems used for coordination purposes. All firms that contribute to the delivery of commodities or services to clients or end users they are all referred to as the supply chain.
Co-op supermarket is one of those organizations that need to review their ethical policy towards purchase of fashion products in such a manner that least pollution is created while shipping products from countries like China. India etc along with introducing ethical environment friendly supply chain management keeping intact price and choice.
Old vehicles are replaced with new vehicles and the company implements new technology that ensures their vehicles are efficient. Drivers are made aware on the importance of preserving and conserving the environment. Stagecoach should ensure that green supply chain is connected to its transportation business to reduce cost and increase outputs.
Green Supply Chain Management.
Although the concept of green supply chain is one of the most argued topics among industrial experts and research scholars but surprisingly very few researchers have tried to explore the topic seriously. To understand the core concepts of green supply chain management, one has to define supply chain management.
Correspondingly, The Ford Motor Company is regarded as one of the leading and renowned automobile companies in the world. The company is based in Michigan, US and operates in excess of 200 nations across the world. The company also employs 370000 personnel in diverse locations of its operations spread globally.
The company is recognised to be a multinational corporation (MNC) operating on a global context. It is a renowned automobile manufacturer, producing millions of vehicles for worldwide customers. The company, operating in worldwide business market segments is based on different activities that include ‘research & development’ (R&D), sales, manufacturing and exports.
Sustainability and the Green Supply Chain Table of Contents Introduction 3 A Brief Background of BP plc 4 Sustainability Report of BP plc 6 Green Supply Chain Report of BP plc 10 Conclusion 14 References 16 Introduction In today’s contemporary business world, the concepts of sustainability and green supply chain can be identified as interrelated with each other.
The process of understanding the supply chain management focuses on the core concepts entailed in planning and forecasting, product assembly, purchasing, moving, distributing, storage, sales and customer services. Therefore, the professionals
Consequently, Unilever has been named one of the best firms having a sustainable supply chain across Europe that has demonstrated a continuous and competitive leadership and excellence. Interestingly, Unilever’s supply chain management has
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