Green Supply Chain Management Flashcards
1
Q
SCM
A
The activities associated with manufacturing, from raw material acquisition to final product delivery.
2
Q
Ethical Sourcing
A
Higher standards for suppliers:
- Providing design specifications + environmental requirements for items
- Cooperation with suppliers
- Suppliers’ ISO 14001 certification
3
Q
Packaging
A
6 R’s of sustainable packaging: #refill #reduce #recycle #repurpose #renew #reuse
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
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
6
Q
Marketing / Point of sale
A
- Marketing (company’s reputation)
- Importance of transparency {information on how, where & under which conditions things were produced}
7
Q
5 steps to a greener supply chain
A
make a business case -> Identigy drivers of waste -> set goals -> start improving -> review ->
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
9
Q
Benefits
A
- New revenue streams
- Cost reduction
- Risk management
- Human health
- Brand
- Efficiency vs. Flexibility
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