Tuesday, May 14, 2019

Sustainability and the Green Supply Chain Essay - 1

Sustainability and the Green Supply Chain - Essay exemplificationIn light of the concern for environmental safety, businesses are giving increasing importance to take environmental kind initiatives in their operations. There are a number of driving forces for the companies to implement green bring chain in their business practices. The implementation of green egress chain and other environment friendly practices not only add to the corporate social responsibility portfolio of the company but also upraise sustainability and competitive advantage in the changing global scenario. The major international businesses have successfully apply business practices such as eco- capability, cleaner production schemas and an effective environmental management system in their processes. The major drivers influencing the use of environmental friendly processes are regulatory compliances, risk management, increasing efficiency and market place expectations. The use of a supply chain environm ental management (SCEM) starts from identifying suppliers pertaining to the environmental performances and conducting the business in the correct manner to maintain adherence with the regulatory requirements. The implementation of the green supply chain management plays the closely important role in ensuring that all the environmental concerns are addressed along with maximizing the efficiency and sustainability of the business. The green supply chain is adopted by businesses to decrease the environmental risks and increase the profits and market share for the business. In the recent few years it has been clearly observed that the businesses which are able to derogate the ecological impacts of their production processes and which have implemented the concepts of recycling wastage and environmental management have been able to pass their business and also displace the players who have not maintained an efficient environmental performance in their processes. Discussion Sustainable and green supply chain management has emerged as necessary approaches for the businesses to remain environmentally sustainable as well as maintain their competitive advantage. The implementation of a green supply chain management in a business benefits the business in a number of shipway the most critical being achieving sustainability (Florida, 1996, pp.80-105). The use of a green supply chain management system is a complex process starting with the identification of key processes, adherence to the environmental laws, assessing the benefits to the environment and the society, excogitation an efficient performance measurement system, evaluating alternatives for suppliers, vendors and distributors and implementing procedures for improvement (Beamon, 1999, pp.332-342). The different environmental management practices adopted by a business have a significant effect on the operation as well as the performance of the business (Erasmus, 2000, pp.28-33). The evaluation of the environmen tal approaches taken up by organizations has shown significant relationship mingled with the environmental management system

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