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Supply-chain sustainability is the management of environmental, social and economic impacts and the encouragement of good governance practices, throughout the lifecycles of goods and services. [1] There is a growing need for integrating sustainable choices into supply-chain management.
Green supply chain management (GSCM) is the consideration of environmental issues within supply chain management. Definitions and scope GSCM has been defined as the ...
Patagonia is an outdoor clothing and gear company that is actively working to address environmental and social issues through a number of avenues including political activism, community engagement and advocacy, and a self-imposed 'Earth Tax,' along with sustainable initiatives in the company's supply chain.
LARG SCM. LARG Supply Chain Management attempts to put together lean, agile, resilient, and green approaches in supply chain management.Lean supply chain managements aims are to maintain close to zero inventories and reduce work-in-process; Agile goes for quick responses to customer inquiries and market changes while controlling costs and quality; resilience is about reacting quickly to ...
Circular business models are enabled by circular supply chains. In practice, collaboration for circular supply chains can enable the creation, transfer, and/or capture of value stemming from circular business solutions. Collaboration in supply chains can extend to downstream and upstream partners, and include existing and new collaboration. [108]
[2] [3] A more narrow definition of supply chain management is the "design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronising supply with demand and measuring performance globally".
These include the Sustainability Consortium of the Society for Organizational Learning, [111] the Sustainable Business Institute, [112] and the World Business Council for Sustainable Development. [113] Supply chain sustainability looks at the environmental and human impacts of products in the supply chain. It considers how they move from raw ...
Integrated Chain Management (ICM), also known as Integral Chain Management, is an approach for the reduction of environmental impact of product chains. Such a product chain exists out of an extraction phase, a production phase, a use phase and a waste phase. The ultimate goal of ICM is a reduction of environmental load over the whole chain.