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Supply Chain Management - Essay Example

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Background The modern dynamic business world has created an urge among the organizations to adopt the best possible business techniques for their survival and growth in the competitive world. Apart from overcoming the heavy cut throat competition, organizations also have to consider the needs and requirements of customers who now prefer those organizations who are ethically sound and environmentally friendly…
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Supply Chain Management
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"Supply Chain Management"

Download file to see previous pages This study focuses on various aspects of Supply Chain Management and appropriate strategies to incorporate green and ethical and supply chain. But in this entire process the major questions one need to focus upon is that while implementing ethical and environmental practices , does the price on the clothing and the choices one can offer effect on pricing of the be affected or not. Supply Chain Management Supply Chain Management is the process to effectively supervise, control and administer the practice of extending goods and services to ultimate consumers. The objective and purpose of incorporating an ethical supply chain is to maintain a responsible logistic system whereby products and services are proliferated in the most ethical manner (Cousins, Lamming, Lawson, and Squire, 2008). The issues and concern of ethical supply management comprise of broad goals of ‘product supply’ along with the ‘means for the same’ that is the management tasks and activities. ...
Introducing Green Supply Chain Management (Source: Penfield P, 2007) But the overall impact is that incorporation of ethical policies would in turn aor up the prices of goods as the ultimate cost burden of implementing advanced technology and achieving ethical standards will be passed on to the customers in form of increased pricing, hence it is difficult to make cheap gooods available at lowest pricing. The make-buy decision Sourcing of products from other countries has become major cause of concern for supermarkets as they enhance and aggravate chances of pollution. Supermarkets established in Great Britain have become a part of Ethical Trading Initiative so that their dedication and commitment towards sourcing of products can be socially acclaimed. Hence, the question has become critical whether products should be manufactured internally or sourced from other nations. It is clear that if supermarket is really concerned about incorporating ethical sourcing then it would certainly have to bear high costs. What needs to be done by Co-op supermarket is to apply a Green Sustainable Supply Chain within the domestic range of the organization that can provide abundant opportunities for the firm to reduce cost and create wider choice for its customers (Harrison, A & Van Hoek, 2008). However, if the organiation decides to manufacture goods locally rather than outsourcing them providing a large variety of goods to the customers would become a matter of concern, hence From a sustainable viewpoint, the supermarket can: Try to design and produce goods locally to the maximum extent possible Designing of smart packages that save cost to the company Whether make or buy, continuous environmental audits must be performed to compare and ...Download file to see next pagesRead More
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