Sustainable supply chain management practice is positively associated with supply chain dynamic capability. Further, this framework illustrates that firms that simultaneously inte-grate all three pillars of sustainability will achieve higher economic performance than firms that integrate only one or Green supply chain management is seen as an important step companies need to take on the road to sustainable practices. Supply chain consultancies are providing expertise to companies to help them understand the benefits of sustainable practices. Green supply chain are integrating ecofriendly concept into supply chain management to improve environmental sustainability with different green practices including, green purchasing, green distribution and warehousing, green transportation with usage of biofuels, green manufacturing processes and the products’ end-of-life management [2, 7]. Supply chain sustainability (SCS) is a holistic view of supply chain processes, logistics and technologies that affect the environmental, social, economic and legal aspects of a supply chain's components. Companies can take several initial steps to move toward sustainable supply chains: 1. The mediating effect of supply chain dynamic capability. FMCG Companies that are most sustainably aware may be the earliest to gain from the growth in consumer spending that is expected to take place over the next decade. Sustainable supply chain companies are the ones that will succeed far into the future, since these practices reduce costs and improve efficiency, in addition to preserving natural resources. Sustainability presents companies with an opportunity to forge new commercial relationships and build stronger core competencies (Fynes et al., 2005; Handfield and Bechtel, 2002). Ideally, they will base their goals on scientists’ recommendations for bringing various types of sustainability impact under thresholds that will maintain or improve human well-being. Supplier Management (SRM) Sustainable supplier relationship management has become crucial in companies’ efforts to achieve sustainability in supply chain management. Sustainable supply chain management. Most articles describe a supply chain with a focal company or at least from the viewpoint of one single company in the supply chain. SCOR Model (Supply Chain Operations Reference) has been developed by … The social sustainability of global supply chains: A critical perspective on current practices and its transformative potential Guest Editors: Minelle E. Silva - La Rochelle Business School (France) Morgane M.C. Link supply-chain sustainability goals to the global sustainability agenda Once companies know where their supply-chain issues are, they can set goals for lessening the resulting impact. UNILEVER British-Dutch consumer goods company Unilever is the third-largest of its kind, and offers food, beverages, personal care products, and cleaning agents. 3. Supply chain sustainability is a goal achieved through a process of continuous improvement. Lower-carbon supply chain We continuously work with our contractors and suppliers to find ways for them to build lower-carbon solutions into our supply chains. While the concept of a “sustainable supply chain” is still relatively new, there is a budding consensus over best practices to follow when building a more sustainable supply chain. The primary benefit of sustainable practices creates a better and more enduring work life for everyone by building a place where not only employees will be proud to work but also suppliers will be delighted to do their part in creating a better future by aligning with you. 6 Sustainable Supply Chains: A Guide for Small- to Medium-sized Manufacturers Examples of Supply Chain Sustainability in Business In addition to reviewing existing research in supply chain sustainability, best practices in business were analyzed. Designing the right supply chain that meets the requirements of sustainable development is a significant challenge. Before embarking on an ethical-supply chain strategy, organizations must first locate trading partners who share the same ethical practices. Supply chain sustainability is now a business imperative fueled by the demands and requirements of consumers, governments, investors, and third parties. In an Industry Week column, Apte and Sheth write that many companies struggle to … Sustainable Supply Chain Practices Published: 14 October 2019 ID: G00464239 Analyst(s): Consult the Board Research Team Summary This summary contains responses from two anonymous members about assessing the environmental and social practices of their suppliers. Sustainable supply chain management (SSCM) is a relatively new sub-field of supply chain management (SCM). For some materials, there may not be any truly sustainable options right now. For instance, we are installing performance optimisation software and battery storage systems on our contracted offshore supply vessels to reduce fuel consumption and lower greenhouse gas emissions. Supply chain sustainability is a complex issue, and the more people who are working to solve it, the better. Map your supply chain. Fritz - La Rochelle Business School (France) Stefan Seuring - University of Kassel (Germany) Stelvia Matos - University of Surrey (UK) Sustainability in Supply Chain Management – 5 Areas to Focus 1. Companies looking to become more sustainable are increasingly looking beyond their own operations to the impact of their supply chains. Sustainable Supply Chain Management Practices in Canada 637 123. integrated throughout the supply chain. 2.3.4. And though supply chains are complex and multi-tiered, almost all of the sourcing practices examined address only a single tier in the supply chain, with a heavy focus on first-tier suppliers. There is a growing body of research on the theory and practice of sustainable supply chain management (SSCM). However, relatively little research has been conducted on the extent to which corporations have integrated sustainability principles into the management of their supply chain and the evaluation of supplier performance. 3 with the respective acronyms described in Table 1. Investors and consumers are requiring increasingly robust social … Supply Chain Sustainability Best Practices. The National Bureau of Sustainability, in conjunction with various corporations, summarized these best practices (which have been modified slightly): With the rise in global consumption and the consequent intensive demand for global resources, the attention of scholars and practitioners towards greener supply chains has grown over the years. Building a sustainable supply chain isn't easy, but it is possible — and necessary. Incorporating sustainability into a company's supply chain is complex but the failure to act may be the biggest risk of all. 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