Sustainable Supply Chains Research Paper Example | Topics and Well Written Essays - 1000 words

Sustainable bring out Chains - Research Paper ExampleA more comprehensive definition of sustainability encompasses all ternion foundations of sustainability, including the people, economy and the environment. If only when the social and environmental suppuration is taking place that is referred to as bearable (Chick and Micklethwaite). If only the social and economic development is taking place, that is referred to as equitable, whereas, if only the environmental and economic development takes places, that is referred to as viable (Chick and Micklethwaite). Sustainability occurs only when all three dimensions develop simultaneously that is, it is bearable, equitable and viable. A important driver of this foremost is the government. The government can come up with measures such as environmental labels, licenses and harvest-feast design guidelines (New Zealand Council for Sustainable Development). There are already a number of regulations in place for sustainability. These embr oil U.S. Farm security and rural investment act (2002), European Unions Restriction of angry Substances (RoHS), China ROHS, E.U. Cosmetics directive, E.U. Packaging Directive, Waste Electrical and Electronic Equipment (WEEE) and REACH. In addition there are world(prenominal) Standards such as WRAP, FLA, ICTI CARE, ISO 14000 and ISO 26000 for addressing environmental causes (Business for Social Responsibility). For successfully realizing a sustainable supply chain, an organization unavoidably to go through five major steps. The first if Business Case Development which requires looking at the external environment and study case studies of companies which have done so successfully in the past. An summary should be done of the differences before and after this implementation (United Nations Global Impact). These initiatives have to be driven by the top management. After this study a commitment has to be made by the board members to cream on the same. The second is Risk, Gap and Sco pe assessment which appreciates the fact that the sustainable supply chain initiative has a number of risks which could have a short term impact on finances or new operational bottlenecks. These risks have to be listed and mitigation plans have to be developed. A gap analytic thinking between the current state and future state is required so that efforts could be made to brace the gap. It is also essential to decide the scope of the initiative at this stage in line with organisational strategies and priorities (United Nations Global Impact). The third step is Supply chain identification which requires an internal assessment of the firms supply chain. The position that the companys supply chain holds relative to separate supply set up needs to be assessed (New Zealand Council for Sustainable Development). The next step is Implementation. In this step, the expectations of the organization are communicated to suppliers, distributors and all other partners in the upstream and downst ream supply chains. Internal operations are realigned to adjust to the new priorities. The organizations emphasise to build strategic partnerships if required to realize its goals. These may include partnerships with third party logistic providers, IT outsourcing firms, consultants and so on (Nunes, Junior and Ramos). Next, Measurement is done whereby new metrics have to be introduced to track slaying on