Abstract Procurement and logistics include market research, necessary planning, procurement decisions, logistics service provider evaluation, and order control. The main thing in advanced logistics is distribution logistics planning, which includes on-time delivery of products to the end user. Choosing a good logistics service provider is important for any company, whether it is involved in inbound logistics, outbound logistics, […]
Month: August 2019
How to Understand Supply Chain sustainability: The Walmart Example |
A sustainable supply chain is measured by triple bottom line “Impact on people, profits and the planet”, that are the upstream components of the supply chain.This shift in paradigm usually reflects the understanding that the sustainable supply chains are profitable supply chains.Now supply chain sustainability can be measured and the supply-chains can take sustainability action plans.Distribution and manufacturing optimization and rationalization, the product design and the supplier etc are involved in terms of Supply Chain.If a company is able to choose between various suppliers, to implement sustainable strategies, they can use their purchasing power to push it’s suppliers with it’s green supply chain standards.They need to audit their supplier base and make sure that inputs from suppliers are of high quality, and the use of energy, water etc.Now the world’s largest retailer Walmart has widened its sights, building networks of employees, nonprofits, government agencies, and suppliers to “Green” it’s supply chains. All these issues will help us to proceed for “How to Understand Supply Chain Sustainability.”