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A study conducted in 2017 researched the correlation between supply chain position (how close or far the firm is from the end user in the supply chain) and firm performance. The study findings concluded that suppliers located farther upstream in the supply chain (farther from the end user), had the most to gain financially from sustainable ...
Patagonia has developed a number of programs to ensure sustainability in their supply chain including the Supply Chain Environmental Responsibility Program, which is used to measure and reduce the environmental impacts of manufacturing products and materials at supplier facilities worldwide, [35] and the Material Traceability Program, which is ...
Tumpa et al., 2019 [7] conducted a study to find the hurdles faced while implementing GSCM practices. The study was conducted in the textile industry of Bangladesh (a developing country). Some of the most important hurdles were found out to be low demand from customers due to lack of awareness; financial constraint; lack of government ...
Sustainable procurement or green procurement is a process whereby organizations meet their needs for goods, services, works and utilities in a way that achieves value for money on a life-cycle basis while addressing equity principles for sustainable development, therefore benefiting societies and the environment across time and geographies. [1]
[2] [3] A more narrow definition of supply chain management is the "design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronising supply with demand and measuring performance globally".
Studies have shown that if the quality of the internal and external relationship is good, it generates a positive effect on the benefits of local sustainable development and worker well-being, as well as indirect financial benefits in addition to the financial performance of businesses. [74]
One study points out how modularization could become a cornerstone to enabling a circular economy and enhancing the sustainability of energy infrastructure. [58] One example of a circular economy model is the implementation of renting models in traditional ownership areas (e.g., electronics, clothes, furniture, transportation).
In the 21st century, corporate social responsibility in the supply chain has attracted attention from businesses and stakeholders. A corporation's supply chain is the process by which several organizations, including suppliers, customers, and logistics providers, work together to provide a value package of products and services to the end-user ...