Green Supply Chain Management Flashcards

1
Q

SCM

A

The activities associated with manufacturing, from raw material acquisition to final product delivery.

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2
Q

Ethical Sourcing

A

Higher standards for suppliers:

  • Providing design specifications + environmental requirements for items
  • Cooperation with suppliers
  • Suppliers’ ISO 14001 certification
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3
Q

Packaging

A
6 R’s of sustainable packaging:
#refill
#reduce
#recycle
#repurpose
#renew
#reuse
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4
Q

Principles of sustainable packaging

A
  • Reducing packaging
  • Maximizing the use of renewable/reusable materials
  • Using materials from certified & responsible sources
  • Reducing flow of solid waste to landfills
  • Reducing CO2 emissions through reduced shipping loads
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5
Q

Transport

A
  • Transportation mode and route optimization
  • Reducing fuel consumption
  • Use of rail and sea transport
  • Improve cubic space utilisation and optimized truck loads
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6
Q

Marketing / Point of sale

A
  • Marketing (company’s reputation)

- Importance of transparency {information on how, where & under which conditions things were produced}

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7
Q

5 steps to a greener supply chain

A
make a business case -> 
Identigy drivers of waste ->
set goals ->
start improving ->
review ->
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8
Q

Challenges

A
  • Associated costs of switching to Green Supply Chain methods
  • High costs of environmental compliance & audits
  • Potential loss of competitive advantage due to transparency
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9
Q

Benefits

A
  • New revenue streams
  • Cost reduction
  • Risk management
  • Human health
  • Brand
  • Efficiency vs. Flexibility
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10
Q

Past, Now, Future

A

Past: no-win preposition

Now: catalyst for innovation, new market opportunity. wealth creation

Future: Traceability of products & gathering of supplier information easier

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