Specifically, the development of Although, the traditional methods of supply chain management do not involve the concept of the green supply chain. The Importance of Creating a Sustainable Supply Chain Management System. The purpose of this paper is to develop an integrated study which uses … However, more specifically, sustainable procurement is the … A sustainable supply chain must avoid compromising both the environment and the business itself. 2117-2135. The performance of SSCM is based on the triple bottom line approach encompassing people-planet-profit, hence being defined not in only in social and environmental terms, but also the economic. The recovering economy and a demand surge projected by many to run away from supply has companies both […] Supply Chain Management is like the heart for the living, breathing, and sustainable life of a company. Businesses are becoming aware of the importance of this integration to enable a sustainable business strategy. What is Supply Chain Management? It includes the processes of moving and storing the materials used to produce goods, storing the finished products until they sell and tracking where sold products go so that you can use that information to drive future sales. Sustainable Supply Chain Management (SSCM) is an important strategy that supports organizations in improving the overall performance. A single company can set high goals, but to achieve a truly sustainable supply chain, each partner must do the same, too. Planning and sourcing is one of important phase in supply chain management. Organizations that emphasize on the importance of … Blockchain technology and its relationships to sustainable supply chain management. Sustainable supplier relationship management has become crucial in companies’ efforts to achieve sustainability in supply chain management. • Four capabilities of blockchain towards sustainable supply chain management are described. Sustainable supply chain management should focus on improving recycling numbers, using more recycled materials, and reducing the amount of packaging used overall rather than eliminating all plastics. The need for sustainable strategic supply chain management Naslung and Williamson (2010) conclude that most people agree to the importance and potential benefits of supply chain management, but that it does not occur often enough in practice. Supply Chain Management (SCM) is an important part of every organization, whether small or large. Supply Chain Management (SCM) is an important part of every organization, whether small or large. 2.2. From prioritising ethical suppliers to minimising overproduction and waste by efficient supply and demand management. Optimally, it serves to empower women and alleviate poverty. There are four major elements: integration, operations, purchasing and distribution. Reducing Costs and Improving Savings Purchasing has a direct impact on two of the most important factors … “Clearly communicate the importance … The efforts are laudable; but, more and more I find myself questioning their significance. Supply Chain Management plays a significant role in customer satisfaction through the delivery of products and services. The abilities of Industry 4.0 for advancing sustainable supply chains are discussed. Sustainable supply chain management (SSCM) is a relatively new sub-field of supply chain management (SCM). The importance of Supply Chain Management in an organization is as important as having a healthy heart for a long sustainable life. Although it is often identified as being one of the most difficult aspects of a business to make sustainable, it is one of the most important … Sustainable Supply Chain Development: An Energy Management Approach: 10.4018/978-1-5225-5424-0.ch005: Sustainability has assumed increased importance in view of the international focus on pollution control and climate change. This factor makes supply chain management ever more important. 7, pp. Supply chain management is the available network of business entities, and the people involved in that work to create finished goods out of raw materials making sure it reaches the end-user that is the customer. Other phases in supply chain management include making as well as delivering. Lean and agile supply chain can be sued by companies in order to make their supply chain more efficient and effective (Kouvelis, Dong, Boyabatli, & Li, 2011). Reliable delivery of materials to assembly plants avoids any costly delays in manufacturing. It’s also important to recognise that a “responsible” supply chain isn’t necessarily the same thing as a “sustainable” supply chain. It's important to understand the role each plays, as well as how they work together. A Green Sustainable Supply Chain integrates ecological factors and supply chain management principles to identify the environmental impact of an organization’s supply chain processes. A responsible supply chain typically ensures it operates within all legal and ethical parameters. International Journal of Production Research: Vol. Drivers for Sustainable Supply Chain Management Organizations are influenced by both internal and external factors (such as government, community, investors, customers, suppliers, and employees) to adopt sustainable supply chain initiatives [1,12,13]. Sustainable supply chain management plays a vital role in safeguarding human and labor rights, as well as protecting the health and safety of workers. Sustainability is the future, and it is more important than ever that your business’ supply chain establishes a sustainability program. Decrease Total Supply Chain Cost - Wholesale manufacturers and retailer suppliers depend on proficient supply chain management to design a network that meets customer service goals. What Is Sustainable Supply Chain Management? Why it is important to us and our stakeholders. The initiatives stretch throughout the value chain, from packaging to transportation and waste management. Sustainable Supply Chain Management (SSCM) is an approach that supports organizations to enhance their overall performance. Purchasing and supply management professionals focus on ensuring the right products are available at the right time and right place for their consumers. SCM is the active management of supply chain activities to maximize customer value and achieve a sustainable competitive advantage, according to Robert Handfield, Ph.D. SCM also deals with the movement and storing of materials needed to create a product, as well as inventory management, … 57, No. The implementation of supply chain management processes can improve the efficiency and profitability of a company. But, it is also the truth. Sustainable supply chain management is quickly becoming a necessity for businesses. • The design of incentive mechanisms to promote consumer green behavior is elaborated. Since its inception in 1982, there has been no turning back. Supply chain management, or SCM, is the management of how goods and services evolve from raw materials into products sold to consumers. In an organization is as important as having a healthy heart for the living, breathing and. 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