...environment ? Green Supply Chain As customers becomes more aware about the environmental changes, suppliers and buyers have to adapt and become environmental friendly to meet the customers needs. Companies will have to take into consideration about how green their manufacturing processes and supply chain are, their carbon footprint and how they recycle. Business have to learn how to green their supply chain and reduce cost. Business have to operate in a environmentally, ethically and socially responsible manner. Public scrutiny of business behaviour has led to rising expectations that companies are responsible for the environmental, social and governance (ESG) practices of their suppliers. http://www.unglobalcompact.org/issues/supply_chain/index.html A Green Sustainable Supply Chain can be defined as "the process of using environmentally friendly inputs and transforming these inputs through change agents - whose byproducts can improve or be recycled within the existing environment.( http://www.mhia.org/news/industry/7056/the-green-supply-chain ). A sustainanble supply chain can be created by developing outputs that can be reclaimed and re-used at the end of their life cycle .The main purpose of this sustainable supply chain is to reduce cost and help the environment. In today's "sustainable" world the thinking should be what is the life cycle costs of this part, piece of equipment or supply chain process.( (http://www.mhia.org/news/industry/7056/the-green-supply-chain ) This...
Words: 2012 - Pages: 9
...‘Sustainability: Achieving customer loyalty’ Integrated sustainable knowledge in supply chain Abstract: Knowledge management plays an important role in disseminating knowledge toward partners like suppliers so that they can integrate customer requirement in term of product development. Buyers are increasingly asking suppliers to measure their environmental impacts and carbon emissions in their value chain. In many cases failure to provide such information, or performing poorly can undermine these business relationships. Now customer awareness is more opt toward green products so that sustainability becomes a strong pillar for the organizations in Pakistan. Industry: Our focus Industry is Automobile and electronics in Pakistan. Purpose: This study is focus on to the road of customer satisfaction through an effective knowledge sharing technique among suppliers and making grades through sustainability at the end. Introduction: Knowledge transferability and its effectiveness are seen as crucial elements for honing communication between supply chains partners deemed necessary for knowledge dissemination. This communication can in turn render the partners to operate according to the aspirations of the company and bore fruits. Companies possessing the ability to ensure effective transfer of knowledge are making strides by producing innovation, reducing costs and improving quality and customer satisfaction (kamara et al; 2002, Love., 2003). Perhaps it can be posited that...
Words: 1265 - Pages: 6
...Green Supply Chain Management : Logistics and Distribution Prabhakar Ravishankar White Paper Important Confidentiality Notice This document is disclosed only to the recipient to whom this document is addressed to and is pursuant to a relationship of confidentiality under which the recipient has obligations to confidentiality. This document constitutes confidential information and contains proprietary information belonging to MphasiS Limited. The confidential information is to be used by the recipient only for the purpose for which this document is supplied. The recipient must obtain MphasiS Limiteds written consent before the recipient or any other person acting on its behalf, communicate any information on the contents or the subject matter of this document or part thereof to any third party. The third party to whom the communication is made includes individual, firm or company, or an employee or employees of such a firm and company. The recipient, by its receipt of this document, acknowledges that this document is confidential information and contains proprietary information belonging to MphasiS Limited and further acknowledges its obligation to comply with the provisions of this notice. The contents of this document are provided in commercial confidence, solely for the purpose of evaluating whether the contract should be awarded to MphasiS. The information contained in this document represents the views and opinions of MphasiS on the issues discussed, as of the date...
Words: 4001 - Pages: 17
...decreasing in non-replenish resources. As we know, Green Supply Chain Management (GSCM) has shown up in the last few years. This ideology covers each stage in manufacturing in front to the last stage of lifecycle and from the product design to recycling activity. Besides that, Green Supply Chain Management can also be applied by other parties, such as government, industry, education and so on. After doing some research, we have found that Srivastara (2007) explained the Green Supply Chain Management actually relates to a wide-range of manufacture from product design to reprocesses or destroy. The principium is more likely to the lifecycle of the manufacturer goods while according to the Sean Gilbert (2001) said, the process of incorporating environmental criteria of concerns into organizational purchasing decision and long-term relationship with suppliers is actually act as a way of greening the supply chain (UK Essays, 2014). Brief Description Of The Term “Green Supply Chain Management” Supply chain management can be defined as the management of the flow of goods. It is also the coordination of a complex network of activities, which involved in delivering finished product from point of origin to point of consumption. Except for this definition with adding the “green” component, it refers to green supply chain management. Green supply chain management has been outlined as integrating environment thinking into supply chain management, including product design, material sourcing...
Words: 3270 - Pages: 14
...Supply Chains going Green Name Institutional affiliation Date The discussion of supply chains going green has become a bone of contention among major stakeholders in the industry. The discussion started after the Carbon disclosure project released a report indicating that supply chains contributed greatly to the emission of carbon in the atmosphere. Due to the report, pressure has been mounting on the administration of supply chains to implement strategies on their carbon management. Analysts have however stated that there are various pros and cons of the supply chains going green, which have to be considered in the implementation of carbon management strategies. This paper analyzes the pros and cons of supply chains going green. Advantages of supply chains going green Improvement in financial performance over time There are various benefits associated with companies going green. One of the benefits of supply chains going green is the positive impact that it has on the financial performance of the supply chain. Despite the myth that cutting carbon emissions increases expense, there is evidence that cutting on carbon emissions has a great impact on cutting expenses of the supply chains. Through a systematic approach to the manner in which the supply chains operate, it is possible for the administration to analyze how carbon management strategies will cut costs for their organization. Through empirical evidence from...
Words: 1529 - Pages: 7
...by industrial development should be addressed throughout the supply chain. This had led to the emergence of the concept suggested to as Green Supply Chain Management (GSCM). This research provided a concise background and challenges of green supply chain through applying qualitative analysis on potential implementation in existing literature. This research was use secondary data to analyze a single case study, which is a case study of Walmart GSCM. Data was collected through a quality source by process of evaluating the information sources. The research analysis have shown seven strategies that used at Walmart: Identifying goals, metrics, and new technologies, Providing network partner assistance to suppliers, Certifying environmentally sustainable products, Incentive for green products, Consolidating direct suppliers, Developing a sustainable standard, and Zero waste. In a conclusion, it was possible to understand that GSCM is one of the emerging approaches for retail industry. This approach had help the company differentiates from its competition and made its supply chain more efficient. This paper was useful in providing suggestions to the retail industry and other industries to either modify the GSCM strategy adopted within organization in order to achieve the required target, or identify the most suitable GSCM strategy to be implemented. Keywords: Supply Chain Management, Retail industry, Green Supply Chain Chapter 1: Introduction The world is warming. The average...
Words: 8726 - Pages: 35
...IN SUPPLY CHAIN MANAGEMENT The use of information technology (IT) is considered a prerequisite for the effective control of today’s complex supply chains. Because, today companies are often not considered independent entities, but parts of multi-company, multi-echelon networks, i.e. supply chains, delivering goods and services to the final customer. Companies today are under pressure to better manage the supply chain and to improve efficiency and logistics operations while remaining responsive to changing market conditions and customer demands. As a result, organizations need to adopt IT to support their supply chains and increase their efficiency by achieving tighter cooperation over the supply-chain. Importers and exporters need to know where their product is. Lenders need to know when and how to pay for it. Innovative companies have sprung up to harness the power of the IT, making it easier than ever for logistics managers to track and manage international shipments, and to serve their changing needs as they reach ever further across the globe to source goods. Companies such as Home Depot, Xerox and Sears already use on-demand, Web-based data hubs to identify where their goods are in real time, and if delays along the way should be corrected to avoid broader supply chain disruptions and expensive recovery work. TYPE OF ‘IT’ USE FOR OPTIMIZING SCM The use of IT for optimizing SCM can be divided into (Ref. Figure 1): * Transaction processing * Supply chain...
Words: 1321 - Pages: 6
...customers. The company also realized its sustainability strategy creates cost advantages and this should turn out an opportunity to maintain its lower price strategy. Customers’ reactions to Wal-Mart’s new sustainability strategy showed that low or middle class consumers’ expectations are not limited to purchase only low price products; they are also willing to buy green, sustainable ones when they find them in affordable prices. This was a sign that Walmart is on the right track. Today’s business practice of Walmart needs to transform more -through quick wins which are actions that makes business sense based on available technologies, products and processes; innovation projects which base on emerging technologies, processes, and innovation; big game challenge which is a way to lead the market works for sustainability, not against it- to complete its sustainable pathway successfully and reach the sustainable business practices level. In this way, they should identify opportunities to develop supply chain, coordinate manufacturers and compete with the rivals. Company should find new ways to get greener supply chain with less capital, lower the operating costs and catch more competitive advantages in the market. Even though they identified some primary areas such as energy, waste and products, and decided to set environmental goals for reducing Walmart’s impact on the environment, they still...
Words: 1831 - Pages: 8
...Greening the Supply Chain at Danaher Companies across the globe are seeking energy-efficiency, new environmental programs, and related methods to protect the fragile business environment. Danaher is among one of the companies leading environmental initiatives and identifying opportunities to “Green” their supply chain. Greening a supply chain can be achieved by implementing a process of using environmentally friendly agents and transforming them into byproducts that can be improved or recycled within the existing environment. This process develops outputs that can be reclaimed and re-used at the end of their life-cycle thus, creating a sustainable supply chain where companies can reduce costs while helping the environment. At Danaher, many times these initiatives are the result of federal regulatory initiatives or are customer driven. In an interview with John Dion, Vice President of Global Services for Danaher, he gave an example of the latest request from some of their top customers relating to consumable waste streams. One area that the company is exploring is expanding their use of water based solvents and reducing the amount of solvent based chemicals in their supply chain. He stated that customers are seeking medical devices containing green alternative components as part of their own “green” strategy. Since Danaher is highly focused on meeting the needs of its customer, it has taken the steps needed to use the “environmentally friendly” solvent as much as possible...
Words: 900 - Pages: 4
..."Green Supply Chain" Latest economic conditions changing views of companies to find sustainable green supply chain efficiencies. Green supply chain has got importance to reduce overall transaction costs, to lower inventory costs. Technological innovations lifting awareness of sustainable solutions to supply chain system and changing views with respect to quicker customer interaction to find appropriate changes in the market. Efficient ways which are used in Green Supply Chain: 1. Increasing company's revenue by reducing and recycling waste material / scrap, ultimately decreasing costs which are associated with waste and material losses. 2. Reducing material handling, training and transportation expenses 3. Decreasing usage industry specific hazardous chemicals and henceforth decreasing total carbon footprint. General Motors increased revenue by reducing disposal costs by $ 12 million with the help of reusable container program with GM's suppliers. 4. Recycling or refurbishment at end of product life disposal. 5. Role of third party logistics is necessary to reduce extra costs by shifting transportation modes, fing alternative solutions to relocate inventory to feasible locations as per business requirements. 6. Using sustainable packaging, repair solutions which can reduce wastes in supply chain cycle. Walmart is working on reducing CO2 emission of its total supply chain by 20 million metric tons by end of 2015 which is equivalent to taking 3.8 million cars off the road...
Words: 415 - Pages: 2
...research has indicated that cost reduction strategies may promote the implementation of green strategies in global maritime logistics and the MPA. In this report, the utilisation as well as impacts of Lean and Six Sigma strategies will be analysed. In addition to this, the two strategies will be compared and contrasted. Lean and Six Sigma assist in working efficiently and reducing wastes. In recent times, IT has proven to be a vital tool in assisting organisations and global maritime logistics. This report will examine the relationship between IT and quality (TQM), efficiency (Lean) and collaboration and has shown assist them in their objectives and gain a competitive edge. This report has shown that IT has proven to be effective in helping organisations and global supply networks work and communicate among one another effectively and efficiently. 1.0 INTRODUCTION In this report, its main focus is on determining the most optimal cost reduction strategies in the implementation of green strategies in global maritime logistics such as the Singapore maritime logistics network or Maritime and Port Authority of Singapore (MPA) and for this particular paper, the researcher has chosen two specific cost reduction strategies specifically: Six Sigma and Lean. Container ports the world over are increasing at an alarming rate and ports have to take into account of its efficiency, throughput and green performance. TASK 1 2.0 COST REDUCTION STRATEGIES TO ACHIEVE OBJECTIVES Six Sigma...
Words: 3028 - Pages: 13
...Green Supply Chain Management and Its Effects on Environmental and Operational Performance in Automobile Industry in Karachi Syeda Unaiza 7153, Talha Hamid 6307, Abdul Qadeer 6758,Hassan Sajid 6303 December 18, 2015 1 Contents 1 Introduction 1.1 Background of Study . . . . . . . . . . . . 1.2 Problem Statement: . . . . . . . . . . . . . 1.3 Objectives of Study . . . . . . . . . . . . . 1.4 Research Questions . . . . . . . . . . . . . 1.5 Significance of study . . . . . . . . . . . . 1.6 Limitations and Delimitations of the Study . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 5 6 7 7 7 8 2 Review of the Related Literature 9 3 Research Methodology 3.1 Respondent Sample and Methods 3.2 Semi structured interview . . . . 3.3 Self-completion questionnaires . . 3.4 Focus group/group interview . . . 3.5 Triangulation . . . . . . . . . . . 20 20 21 22 23 23 References . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 2 1 Introduction Supply Chain Management is the process of managing and controlling of a compound network including...
Words: 5854 - Pages: 24
...SUPPLY CHAIN MANAGEMENT DEFINING SUPPLY CHAIN MANAGEMENT Supply chain management (SCM) is the combination of art and science that goes into improving the way your company finds the raw components it needs to make a product or service and deliver it to customers. The following are five basic components of SCM. 1. Plan—This is the strategic portion of SCM. Companies need a strategy for managing all the resources that go toward meeting customer demand for their product or service. 2. Source— Companies must choose suppliers to deliver the goods and services they need to create their product. Therefore, supply chain managers must develop a set of pricing, delivery and payment processes with suppliers and create metrics for monitoring and improving the relationships. 3. Make—This is the manufacturing step. Supply chain managers schedule the activities necessary for production, testing, packaging and preparation for delivery. This is the most metric-intensive portion of the supply chain where companies are able to measure quality levels, production output and worker productivity. 4. Deliver—This is the part that many SCM insiders refer to as logistics, where companies coordinate the receipt of orders from customers, develop a network of warehouses, pick carriers to get products to customers and set up an invoicing system to receive payments. 5. Return—This can be a problematic part of the supply chain for many companies. Supply chain planners have to create a responsive and...
Words: 3114 - Pages: 13
...Executive Summary 7-Eleven is a famous brand and provide more than 40 thousands convenience stores for the customers in the worldwide and the most important factor is successful performance in Supply Chain Management (SCM). However, 7-Eleven still has been facing a lot of problems which should be sorting them out in order to get more business opportunities. This report focuses on the supply chain management of 7-Eleven and suggests the improvement for potential problem of its whole supply chain system. At first, will introduce the company’s background by collecting data about its current situation and identifies the issues which are supported by SWOT analysis. And through the GAP analyses of the business the key existent issues faced by 7-Eleven. According to those above, the report will finalize the recommendations and implementation methods in order to improve the business and set a benchmark for future development. In the end, although 7-Eleven’s trend is led more convenience stores to satisfy the need of customers, but it still needs to improve its supply chain and operation mode to Commercial global optimization to continue keeping its leading position in the retail market. 7-Eleven Background 7-Eleven is the largest convenience store chain in the world, which has approximately 47,500 stores in 16 countries. The first Australian store was opened in 1977 owned by the Withers/Barlow family which has the license to operate and franchise 7-Eleven stores in Australia from...
Words: 4613 - Pages: 19
...Green Supply Chain Management Environment Management Project Group Members: Smruti Ranjan Dora F016 Ishan Mittal F036 Deepankar Mukherjee F037 Pratik Nandekar F040 Akash Pandey F044 Kriti Talwar F064 Contents 1. INTRODUCTION ....................................................................................................................................... 3 2. Globalization and Greening the Supply Chain: ....................................................................................... 3 3. Marks and Spencer ................................................................................................................................. 4 3.1 Background ......................................................................................................................................... 4 3.2 Supply Chain Understanding ............................................................................................................... 4 (i) Issues ................................................................................................................................................. 4 3.3 Drivers for GSCM................................................................................................................................. 5 (i) ‘Brand Trust’ ...................................................................................................................................... 5 (ii) Operating Cost........................................................
Words: 3568 - Pages: 15
