Topic > Case Study Green Supply Chain - 1028

In recent years, great developments have been made to characterize environmental and sustainable responsibilities with the business world. To incorporate these strategies, a growing number of organizations have begun to explore the possibility of making green product manufacturing a competitive advantage in the marketplace. The following essay talks about the advancements and benefits of having a green supply chain as a business process and its future in the industry. The Green Supply Chain Management (GSCM) approach aims to provide companies with a supply chain roadmap that focuses on ecological and sociological aspects while making a managerial decision. There is a growing need to integrate environmentally friendly choices into supply chain management research and practice. Due to this factor, an increasing number of companies such as Coca-Cola, Procter and Gamble, PepsiCo and HJ Heinz are developing environmentally friendly products (Min et al, 1997). Logistics and waste management In recent years, research has been conducted that recognizes GSCM as a way to create economic value for the company. This is generally due to the fact that consumer response is positive towards companies that identify themselves as ethical and environmentally friendly. In addition to having additional costs involved in producing green products, there is evidence that shows a significant reduction in financial risk by pursuing the green approach (Mefford, 2011). The following research conducted by Mefford, concluded that companies, which were practicing corporate social responsibility, lead to increase the competitiveness, profitability and valuation of the enterprise. Furthermore, it also established that with the implementation of green supply chain and pro...... middle of paper ......ntify its recycling policy regarding factors such as transportation, reprocessing, remanufacturing etc. A similar approach towards implementing GSCM was carried out by the company called Proctor & Gamble Co. (P&G). To achieve the green supply chain cycle, P&G had to work with its collaborators and suppliers (Waters, 2013). The results showed that P&G reduced its impact on carbon emissions, waste disposal and water use by half. So they saved more than $1 billion, thus increasing their net profit margin (Waters, 2013). This benefit not only affected P&G, but also its suppliers and other retail partners. To conclude, the key to achieving profitable green supply chain management is that the organization must work with its collaborators. The result is a win-win situation for both the organization and its employees.