Sustainable supply chain management

Developing A Supply Chain of Sustainable Businesses My fellow attendee was pretty concerned since this was their primary customer, and he let it be known to us if they lost this customer, they would be in real trouble.

Better bottom line — research and experience has proven that sustainability significantly improves financial results. Some sectors, such as the electronics Electronics Industry Citizenship Coalition Self-Assessment Questionnaire and pharmaceutical Pharmaceutical Supply Chain Initiative Self-Assessment Questionnaire industries, have developed industrywide surveys to reduce the burden on suppliers of responding Sustainable supply chain management multiple requests for information that varies in content and format.

This makes determining their true environmental costs highly challenging and reduces their ability to remove waste from the supply chains. Many resources and tools have been created to assist companies with the development of a supplier code of conduct.

The customer of my fellow attendee made it clear that they were making their buying decisions based on the answers. Chemical companies have formed a joint initiative called Together for Sustainability TfSwith the mission of developing and implementing a global supplier engagement program that assesses and improves sustainability sourcing practices.

Loading… Supply Chain Club For students pursuing a major in sustainable supply chain management, this club provides an opportunity to further knowledge on sourcing, logistics, information systems, and strategy as well as gain access to unique opportunities in the field. The Louisiana Tech sustainable supply chain management program prepares students to oversee and coordinate all the logistical functions in an enterprise, from acquisitions and purchasing to shipping and transportation with a concentrated focus on sustainability.

Sustainable Supply Chain Management Implementation You could almost envision this as having the following steps: Curriculum Ready to learn more about our program?

Working in a pre-competitive environment, peer companies that share similar supply chains can set common standards and best practices for sustainability performance and allow suppliers to be evaluated on the same metrics.

Companies can take several initial steps to move toward sustainable supply chains: In our experience, one effective way to transfer knowledge across the supply chain is to leverage the best practices and case studies from top performing suppliers at annual vendor conferences, via online training modules and through capacity building campaigns.

However much progress has been made in defining supply chain sustainability and benchmarking tools are now available that enable sustainability action plans to be developed and implemented. Where this is not possible, incentives — greater access to your value chain, such as access to customers or clients — also can be effective.

New Balance Athletic Shoe Inc. Financial savings and viability Social responsibility Supply chain sustainability practices, in order to succeed, must deliver improved environmental performance within a financially viable operating construct. Some criteria that may be helpful for prioritizing suppliers include level of spending, importance to business continuity, and geography as a proxy for risk.

CEPE's Sustainable Supply Chain Management Certificate Program

The information is used to compile the environmental metric in the annual scorecards for top tier suppliers and to identify opportunities to partner with suppliers to advance business practices in target areas Communicating back to suppliers in a constructive way is critical for future engagement and provides encouragement for improvement.

Increasingly, organizations incorporate all areas included in their code of conduct with special focus and weight in the self-assessments related to areas that are important to their business.

Sustainability

And that includes things you might not think of when you think of sustainability. The practice of collaboration — such as sharing distribution to reduce waste by ensuring that half-empty vehicles do not get sent out and that deliveries to the same address are on the same truck — is not widespread because many companies fear a loss of commercial control by working with others.

Federal Government, have started evaluating the performance of their suppliers through questionnaires and surveys. They also must audit their supplier base and make sure that they are improving the supply chain metrics [9] Software[ edit ] As supply-chain sustainability becomes a more critical business issue, the need for reliable and robust data from suppliers increases.

Supply-chain sustainability

Working with your industry peers is a great way to share knowledge about the sustainability performance of your suppliers. You do the same, figure out where you draw the line. This gives clarity around the environmental impact of adjustments to supply chain agility, flexibility, and cost in the supply chain network.

Investment in alternative modes of transportation — such as use of canals and airships — can play an important role in helping companies reduce the cost and environmental impact of their deliveries. In terms of the supply chain, this could involve supplier management, product design, manufacturing rationalization, and distribution optimization.

One aspect of running a sustainable business is your supply chain. In a growing number of regions of the world, sustainable practices are governmentally mandated as law.

COLLEGE OF BUSINESS

Develop training and capacity building programs This is an important step in improving sustainability and driving behavioral changes throughout your supply chain. Where this is not possible, incentives — greater access to your value chain, such as access to customers or clients — also can be effective.

These collaborations help prevent audit fatigue, training redundancy and mountains of paperwork for suppliers working to meet similar requirements from their customers. The club also educates and encourages students in other College of Business majors on the importance of supply chain and operations management in the business world.

However, they are not yet supporting expectations with concrete actions that drive sustainability performance in their supply chain. A new tool developed by the Global Environmental Management Initiative GEMI helps companies prioritize where in their organization's value chain they may have opportunities to improve supply chain sustainability, and then provides case studies of companies that have leveraged these opportunities.

Are they sustainable themselves? CH2M HILL established a supply chain sustainability strategy for evaluation and election of products, complete with procedures, tools, communications, training and metrics for reporting implementation progress.

Loading… Minors To view what minors are available to College of Business students, please visit our Minors page. Really, companies are looking at every aspect of the way they, and even you, do business. Some criteria that may be helpful for prioritizing suppliers include level of spending, importance to business continuity, and geography as a proxy for risk.

Working in a pre-competitive environment, peer companies that share similar supply chains can set common standards and best practices for sustainability performance and allow suppliers to be evaluated on the same metrics.

Courses completed outside of the three-year limit will need to be retaken to qualify for certificate completion.Sustainability can be maximized throughout the supply chain, beginning with concept and development then continuing through all phases of production and final customer distribution.

Articles here focus on efforts by materials suppliers, product manufacturers and retailers to increase sustainability.

Senge, the founder of the Society for Organizational Learning, a faculty member at MIT Sloan School of Management, and the author of The Fifth Discipline and The Necessary Revolution, spoke with HBR senior editor Steven Prokesch about the challenge of leading organizations at a time when their supply chains need to be radically transformed.

What is Supply Chain Management?

COLLEGE OF BUSINESS

Supply chain management (SCM) is the planning and oversight of the entire supply chain, from people and activities, to resources and products. An efficient, well-managed supply chain creates value and helps a company gain the competitive advantage. Sustainable Supply Chain Management From point A to point B with a sustainable focus.

Make a difference by managing the social, environmental, and economic impacts throughout the life-cycle of products and services. Steps to Supply Chain Sustainability Supply chain sustainability is increasingly recognized as a key component of corporate responsibility. Managing the social, environ-mental and economic impacts of supply chains, and combating corruption, makes good busi-ness sense as well as being the right thing to do.

The Sustainable Supply Chain. Steven Prokesch You’ll need technical innovations, management innovations, process innovations, and cultural innovations. negotiating and writing contracts.

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Sustainable supply chain management
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