- "GSCM is the integration of environmental concerns in the inter-organizational practices of supply chain management" Srivastava (2007) defines the scope of GSCM as ranging "from reactive monitoring of general environmental management programs to more proactive practices implemented through various Rs (Reduce, Re-use, Rework, Refurbish, Reclaim, Recycle, Remanufacture, Reverse logistics, etc.)". He includes "green design" within GSCM, which involves a conscious review of the materials and processes adopted by a business as well as management of the suppliers from whom materials and services are obtained.
- Consumers and stakeholders increasingly demanded environmentally responsible business practices, leading to the adoption of more sustainable supply chain strategies (Porter and Linde, 1995). Organizations began to implement practices such as green procurement, eco-design, and life-cycle assessment to reduce the environmental footprint of their products and processes (Srivastava, 2007).
A green supply chain is achieved by successfully integrating environmentally responsible principles and benchmarks into supply chain management. This includes product design, materials sourcing, manufacturing, logistics, and end-of-life product ...
This particular example perfectly highlights why Green Supply Chain Management Business is so captivating.
Green supply chain management can be regarded as an advanced organizational innovation for improving competitive advantage (Miroshnychenko et al., 2017; Sarkis, 2003). Our focus in this section is green supply chain practices, which can be defined as the systemic, strategic coordination of the traditional business functions and the tactics across these business functions within a particular company and across businesses within the supply chain (Mentzer et al., 2001).
As we can see from the illustration, Green Supply Chain Management Business has many fascinating aspects to explore.
