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sustainable supply chain management

Definition of Sustainable Supply Chain Management (SSCM): SSCM may be perceived as the proper management of related environmental, social, and economic impacts in constructing and maintaining effective and efficient global supply chains. Why it is important to us and our stakeholders Using the transfer of this sustainability triangle to the target function in supply chain management (SCM), the complexity of the topic becomes clear. The process can involve everything from a warehouse’s source of power to the transportation of goods and beyond. A high-functioning supply chain—the entire hierarchy of organizations, including energy providers, involved in making and distributing goods—can allow a consumer company to manage two types of sustainability-related risks. They are tasked with finding smarter ways to reduce waste — not just cost, but also miles and emissions. Supply chain management (SCM) is the planning and oversight of the entire supply chain, from people and activities to resources and products. Learn more. Find a 3PL that prioritizes recyclable goods, or one that can deliver eco-friendly materials to your business in a cost-effective way. How does your process stack up? A responsible supply chain, for example, must also be legal and ethical. They are asking suppliers to … This week, Alpega was selected as a winner of the SDCE Green Supply Chain Award for 2020 by Supply & Demand Chain Executive (SDCE), the only magazine in the supply chain industry covering the entire global supply chain.. Sustainable supply chain management is a priority for the organization with the goal of continuous improvement and risk mitigation. Figure 1 identifies four broad strategies for supply chain management: legal, ethical, responsible, and sustainable. Nike has outsourced its production fully to external suppliers and therefore its most focus remains on managing sustainability in its supply chain. Our strategy to minimize damage to the environment is to reduce emissions and energy consumption at every step of our workflow, including transportation. Consider every single one of your suppliers, the unique challenges they face, and what you may be able to do to make improvements. Each year brings more progress as public attention increases and the supporting processes and technologies advance and mature. Supply chain management is evolving at a rapid pace. They are tasked with finding smarter ways to reduce waste — not just cost, but also miles and emissions. Sustainability is a continuous concern among governments, citizens, and businesses. Companies looking to become more sustainable are increasingly looking beyond their own operations to the impact of their supply chains. Choose a sustainable supply chain provider If you’re sourcing materials or delivering products, you can make your sustainability goals easier if you choose an eco-friendly logistics partner. There are also regulatory and compliance reasons to focus on supply chain sustainability. To PMI, sustainable supply chain management means embedding sustainability across our procurement strategies and practices, identifying and managing risks and impacts, and continuously evaluating and supporting our suppliers as they work to align their sustainability efforts with our requirements. Sustainable supply chain management (SSCM) is the strategic, transparent integration and achievement of an organization's social, environmental, and economic goals in the systemic coordination of key inter-organizational business processes for improving the long-term economic performance of the individual company and its supply chains. One type of risk has to do with the sustainability impact of providing goods and services to customers. Sustainable supply chain management starts with being aware of your company’s environmental, social and economic impact and, most importantly, making the necessary changes to lessen it. First, there are supply chains that operate within legal limits and comply with agreed-upon contractual requirements. supply chain poses, but also because of the many rewards supply chain sustainability can deliver. About Sustainable Supply Chain Management. The supply chain is one of the most impactful components of a company’s sustainability efforts. Typically, sustainability initiatives include identifying the source of raw materials, ensuring good conditions for workers and reducing the carbon footprint. As a larger number of businesses are moving to adopt sustainability practices in their supply chains, it will be possible to make the world cleaner and greener. 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. There is a very interesting article on “Sustainable transport: Is it the future of supply … Sustainability and its interpretation in supply chain management is an emerging requirement for decision-makers. Sustainable supply chain management means looking at as all materials to learn what kind of "ingredients" your product is using. An efficient, well-managed supply chain creates value and helps a company gain a competitive advantage. Whether it's switching to electric-powered vehicles or funneling rain runoff into the landscaping, efforts typically pay off by reducing expenses. An increase in climate change awareness, the harm of greenhouse gas emissions, and waste management bring a growing demand for action. Sustainability Hub Norway and EcoVadis invite you to a webinar on the future of sustainable supply chain management, in collaboration with Ethical Trade Norway. Duration: 8 weeks (excluding orientation). One of the crucial components of sustainability is proper food supply chain management. Supply chain sustainability delivers business value: It reduces costs, spurs productivity and in some cases drives returns. Program: Join us for a deep dive into sustainable supply chains. On our activities at every step in our supply chain professional plays a role... Among governments, citizens, and transportation know that logistics optimization through technological innovations and data integration can supply... In climate change awareness, the harm of greenhouse gas emissions, and transportation efficient, well-managed chain. Also regulatory and compliance reasons to focus on supply chain management few ways you can sustainable supply chain management supply chains operate! 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