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SUPPLY CHAIN GLOBAL TREND - Supply and logistics management CLASS - Research Paper Example

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The world has moved to a green environment where people are encouraged to be considerate of their surrounding including the people around and the natural environment. The business world has picked this…
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SUPPLY CHAIN GLOBAL TREND - Supply and logistics management CLASS
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SUPPLY CHAIN GLOBAL TREND - Supply and logistics management CLASS

Download file to see previous pages... Customers on their part have become very sophisticated in that they are so keen to discover how a certain product affects the rest of the world. Any business that engages in sustainable activities has received a lot of favors from the rest of the world through donations and market share. The most important aspect of any business dealing is the nature of the supply chain in which the organization uses to acquire goods and services as well as serve its clients. Sustainability is among the global trends affecting supply chain in the world today. Researchers and scholars believe that for an organization and the entire global market to become sustainable the process must start with individual supply chains (Faisal 517). As a result, related bodies have come up with strategies to help individual organizations and industries to establish sustainability in their supply chains. In this connection, this paper aims at discussing sustainability as one of the emerging global trends in supply chain.
Sustainability houses three key issues including environmental protection, socio-cultural and economic performance. These three must be incorporated in any business endeavor to make it sustainable and healthy to the society. Proponents of sustainability in supply chain see it as a way to improve organizational performance and a way to grow the general economy of the world. In addition, sustainable supply chain aims at mitigating the negative impacts on the environment and society that occur in the supply chain. A supply chain is made up different individuals with different personalities and ethnic background (Miemczyk 484). Social harmony and cultural responsibility must be upheld in the supply chain transactions to ensure that organizations achieve maximum success and that customer satisfaction is achieved. The environment in which a business operates is key to its success. The health of the environment determines the flow of material and ...Download file to see next pagesRead More
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