Wednesday, December 25, 2019

Supply Chain Sustainability ( Scs ) - 1505 Words

SYNOPSIS This report focuses on the importance of supply chain sustainability (SCS) and the what are the benefits the sustainable supply chain can bring to the relevant stakeholders. The final section of the report illustrates how to developing and implementing a sustainable supply chain strategy in business environment. The examples of Starbucks and IKEA as the sustainable supply chain organizations are used to support the sustainable view in this report. There also are some other examples used in this report. 1. INTRODUCTION As the fast development of the global economy, sustainability has been recognized as one of the main challenges that many companies have to overcome in the 21st century. In†¦show more content†¦Many companies now working with NGOs and other non-profit organizations aim to obtain an environment sustainability supply chain. Coca-Cola has working on many water projects with local governments, and partners including WWF, the United States Agency for International Development, The Nature Conservancy and CARE (King, 2012). This helps to maintain the efficiency of resource usage. From social point of view, most of the successful sustainable companies all have their unique business values. For example, IKEA’s underlying value is â€Å"to create a better everyday life for many people†. And Starbucks’ value is to selling high grade coffee at premium price and its high level of customer service. This unique culture can be differentiating from other competitors in the same industry. So that the company has competitive advantages to earn market share in the business environment. Starbucks built continues relationship with its suppliers to ensure they can provide high grade coffee to achieve a sustainable supply chain. IKEA made some improvement after it involved in the child labor issue. For example, it created a role within the company titled â€Å"IKEA’s Children’s Ombudsman† to ensuring its value, which is to create a better life for everyone. IKEA also had relationship with UNICEF and WHO to help children and the families financially. Finally, for the economic sustainability, it probably isShow MoreRelatedWalmart Case Study962 Words   |  4 PagesMerchandize, Shopping environment, Service, Check-out process and Store policy. Wal-Mart thrived for offering quality merchandise at the lowest price and with best customer service possible. Wal-Mart also had a reputed image as a foreign supermarket chain in China. Due to all these favorable factors customers patronized Wal-Mart China stores. 2. What are the distinguishing features of Wal-Mart China’s distribution system? How does it achieve relatively high availability with similar levels of stockRead MoreSustainable Supply Chain Management: State of the Art1929 Words   |  8 PagesSustainable Supply Chain Management: State of the Art Sarker Rafij Ahmed Ratan PhD student (1st level) University of Dhaka, Bangladesh. Visiting research fellow , CERRAL, IUT Lumiere Lyon 2, France. Email: getrafij@yahoo.com Supervisor : Dr. Mijanur Rahman Treasurer , University of Dhaka Professor, Department of Marketing, University of Dhaka, Bangladesh. Acknowledgement Dr. Aicha Sekhari , Associate Professor IUT, University Lumiere Lyon 2, France. Dr. Syed Akter Hossain, Professor PostRead MoreCase Study : Starbucks, Inc.1482 Words   |  6 PagesORG 530-2 CT 6: Starbucks, Inc., CSR: Reporting Analysis This paper will examine Starbucks, Inc. CSR and sustainability practices from the viewpoint of a potential socially responsible investor performing due diligence. Two indices will be used to compare and contrast the company s CSR report which measure the CSR practices of corporations; also, the usefulness of these two indices for research purposes will be evaluated, critiquing the credibility and limitations of each index. A report willRead MoreLiterature Review : A Systematic, Explicit And Reproducible Method For Identifying And Interpreting The Existing Body Of Knowledge903 Words   |  4 Pagesfor research is the literature review. Subsequently, a literature review has been completed to explore best practices of cutting costs and maintaining efficient management within the supplier management to ensure sustainable supply chain in the UK upstream oil and gas supply chain in Aberdeen. The researcher organised the existing and relevant literature relating to the research topic by applying a thematic method (Lee and Lings 2008). This method involves arranging the literature topic into â€Å"themes†Read MoreAn Approach For Measuring Sustainability Performance1268 Words   |  6 PagesJackson et al. (2011) and John (1994) established the term â€Å"Triple Bottom Line† as an approach for measuring sustainability performance. Govindan et al. (2013) explains that TBL consists of three words ‘Profit, Planet and People’ which implies measuring the company’s performance on three parameters ‘Economic, Environmental and Social’. It is an approach for evaluating management performance. In addition, the concept of TBL proposes that economic performance cannot be achieved alone at the expenseRead MoreBusiness Plan For Starbucks Financial Report927 Words   |  4 Pageswere effectively fixed through the use of futures contracts and approximately $16 million were price-protected through the use of collar instruments. Total purchase commitments, together with existing inventory, are expected to provide an adequate supply of green coffee through fiscal 2015. In the five years to 2020, the coffee industry revenue is forecast to grow at an annualized rate of 2.8%. as we can see Starbucks Hedging is key to develop the business and they have performed a great job in thisRead MoreManaging Supply Chain And Operations : An Integrative Approach1363 Words   |  6 PagesFoster, T., Sampson, S., Wallin, C., Webb, S. (2015). Managing supply Chain and Operations: An Integrative Approach. New York, NY: Pearson. All four authors are a professor of global supply chain management at Brigham Young University. The whole book is focused on the key functions of supply chain, operations, and customer relationship management with the special focus on the areas of improvement, innovation, and integration. We took a close look at the section called â€Å"Providing Feedback: The SupplierRead MoreClorox Portfolio Analysis1187 Words   |  5 Pagesgrowing its business through continuous introduction of innovative products. The company intends to cut down on operating expenses so as to improve efficiency and achieve higher profitability (Research and Markets, 2008). The company through a sustainability report released in 2012 in which it stated that it had reduced water use by 44 percent, lowered the loading of wastewater by 31 percent and reduced greenhouse gas emission by about 21 percent (Saracini, 2012). This initiative creates an impressionRead MoreCanadian Tire Auto Services Main Supply Chain Str ategies Essay1678 Words   |  7 Pagesstudying Canadian Tire Auto Services’ main supply chain strategies. Canadian Tire provides many automotive services for their clients with many locations across the countries. Our goal for this project will also be to look into Canadian Tire’s logistics operations, their process of supplier selection, and evaluation. We will also look to study their use of the latest IS/IT innovations. We will then conclude our project by realizing the importance of supply chain management integration, as well as, theRead MoreCsr 610 Q1937 Business Ethics And Culture1701 Words   |  7 Pages Introduction: Bertrand Piccard quotes, â€Å"In the 21st century, the heroes will be the people who will improve the quality of life, fight poverty and introduce more sustainability. This is a powerful message, it sums up the concepts discussed throughout the course. Additionally, the case studies such as the New Belgium Brewery, SC Johnson and The Kimberly Clarke organization have been proven to practice this philosophy. As society progresses in its efforts to provide a more sustainable future, there

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.