Session 1 Flashcards
What are the traditional focus areas in supply chain management?
Price, quality, and delivery.
What challenges does sustainability pose in supply chain management?
Higher costs, lower quality, delivery disruptions, reputational risks, and regulations.
Why is it important to proactively address sustainability in supply chains?
It improves performance and helps measure environmental and social impacts.
What does “exceeding planetary boundaries” mean?
Human activity has increased risks to the geosphere and biosphere, with six out of nine boundaries exceeded.
What is the “Triple Bottom Line”?
A concept focusing on success through three aspects: People, Planet, and Profit.
What is the significance of a “just transition”?
Creating an inclusive economy with decent work opportunities while avoiding social unrest.
How is an organization defined in this session?
As an open system where inputs → transformation → outputs, with a core relationship between supplier and buyer.
How does the work environment interact with production in supply chains?
Work environment and sustainability impact all levels, including suppliers, buyers, and customers.
What is the work environment according to Danish and EU legislation?
A space where health risks are assessed and addressed.
Why do companies exist according to this session?
To produce goods and generate profits, prioritizing sustainability only when it provides competitive advantages or ethical decisions.
What is the principle for regulating environmental impacts?
No discharge without permission, focusing on sustainable resource use and interaction with nature.
Which international agreements support environmental regulation?
The Paris Agreement and ISO 14001 standards.
