Green supply chain management – GSCM – integrates environmentally sustainable practices throughout the supply chain. It includes the design, production, delivery, and disposal of goods. “Green” is a common term for eco-friendly strategies and initiatives to minimize adverse environmental impacts. Both production and distribution of goods cover many activities leading to these potential negative impacts, …
Supply Chain Risk Management (SCRM) is the process of identifying risks, assessing them, and mitigating their effects on an organization’s supply chain. Companies implementing a comprehensive SCRM strategy can operate more efficiently, better control costs, and enhance customer service. A complete SCRM plan covers every aspect of the process, including production, packaging, handling, storage, and …
What is a supply chain? Most simply, it’s a sequence of events that helps a commodity move from manufacturing to market. Elements contained in a supply chain include people, equipment, transportation modes, and technology. Every industry that manufactures something has a supply chain. There was a time when supply chain execution always proceeded in a …
Overview of different supply chain management models Read More »
