What do you mean by green supply chain management?
The term 'Green supply chain management' (GSCM) refers to the concept of integrating sustainable environmental processes into the traditional supply chain. This can include processes such as product design, material sourcing and selection, manufacturing and production, operation and end-of-life management.01-Oct-2021
Green supply chain management is defined as "the process of using environmentally friendly inputs and transforming these inputs into outputs that can be reclaimed and re-used at the end of their life cycle thus, creating a sustainable supply chain.05-Jul-2022
What is green supply chain management Google Scholar?
The concept of GSCM is to integrate environmental thinking into supply chain management (SCM). As such, GSCM is important in influencing the total environment impact of any organizations involved in supply chain activities. More importantly, GSCM can contribute to sustainability performance enhancement.
Because green supply chain can reduce the environmental pollution and production costs and it also can spur economic growth, create competitive advantage in terms of greater customer satisfaction, positive image and reputation and provide better opportunity to export their products in pro-environmental countries [1].
How is green supply chain management implemented?
The strategies for implementing GSCM include: government subsidiaries; commitment of top management; effective reverse logistics management; efficient financial management; increasing public awareness about environmental concerns and efficient waste management and reusability techniques.
The theory of GSCM was developed in the 1990s, but emphasis on green production by most industries commenced from around 2000.
What are the components of green supply chain management?
It recognizes the disproportionate environmental impact of supply chain processes within an organization. GSCM is the summing up of green purchasing, green manufacturing, green packing, green distribution and marketing.
Consistent with hypothesis 1, environmental supply chain selection positively impacts on corporate reputation (b = 6.510, p < . 001). This result confirms that the selection of suppliers that provide materials and services based on environmental standards responds to stakeholders' concerns and benefits reputation.
What are the benefits of green logistics?
4 Advantages of Green Logistics In Supply Chain Management & How To Apply Them
Green logistics consists in using more eco-friendly and sustainable processes in order to reduce the environmental impact of logistics. This approach covers the entire life cycle of the product: manufacturing, storage, transport, marketing, use and disposal.21-Oct-2021
What is supply in supply chain management?
A supply chain is the network of individuals, companies, resources, activities, and technologies used to make and sell a product or service. A supply chain starts with the delivery of raw materials from a supplier to a manufacturer and ends with the delivery of the finished product or service to the end consumer.
Global Supply Chain Management (GSCM) is the science of planning how the distribution of goods and services will make it from manufacturer to consumer. Global supply chain management is one of the most important disciplines in 21st century business.22-Jun-2022
What are the challenges of green supply chain management?
So let's have a look at these challenges companies face when implementing sustainability measures in their supply chains - and how to solve them.
Many progressive companies, such as Walmart, Ford and FedEx, have capitalized on the opportunities of green supply chain management and therefore very worried with the environmental burden of their supply chain processes.26-Jul-2016
What are the three basic approaches of green supply chain management?
THE GREEN SUPPLY CHAIN Indeed, there are three approaches involved to GSC: environment, strategy and logistics.
A green supply chain talks about the eco- friendliness of raw materials, process, product and services of a particular supply chain. However, the sustainable supply chain is much broader, taking care of the sustainability of the business--the economical sustainability and social sustainability.
How do you make a green supply chain?
12 Steps To A 'Greener' Supply Chain
Green supply chain management (GSCM) aims to reduce waste and pollution by integrating environmental thinking into product design and end-of-life management (Rehman & Shrivastava 2011:345). The implementation of these chains is affected by drivers and barriers.
What is the importance of green supply chain management in the current situation of our industry right now?
A more sustainable supply chain is also a less wasteful supply chain, and reducing waste can lower a business' total cost of business (TCOB) while also enhancing industry reputation. This is just one of many reasons why green supply chain management is important.17-Oct-2019
6 Top Green Logistics Solutions transforming the industry
How green logistics can reduce your supply chain costs?
Investing in green initiatives can reduce supply chain costs. An example is reducing the number of empty miles, which can shrink carbon footprint and capture transportation cost savings. Switching to local sourcing is a way to take miles and cost out of a supply chain and reduce the carbon footprint.26-Jun-2018
What do you mean by green supply chain management?