JJEM: Special Edition 1 (December 2023)
JJEM: Special Edition 1 (December 2023)
2023-12-08
Greening the Chain: Sustainable Practices in Supply Chain Management
Vinutha P Shenoy and Dr. V. Vikram
The concept of "Greening the Chain" is crucial as it advocates for a shift from conventional supply chain management to a more sustainable, accountable, and environmentally sensitive undertaking. Nearly 48% of businesses are under pressure to implement environmentally friendly practices. In terms of their supply chain, about 57% of businesses have sustainability targets that are visible to the public. By showcasing case studies and best practices from companies who have successfully implemented environmentally conscious practices into their supply chains, the study accentuates the prospects for cost savings as well as improved consumer trust and brand recognition along with competitiveness in the market. More than 90% of an organization’s greenhouse gas emissions are attributable to the supply chain. Supply chain management must now use sustainable practices because we live in a time when environmental concerns and knowledge of the limited resources on our planet are escalating. This paper provides a glimpse into the diversified strategy for "Greening the Chain," a concept that integrates environmental, social, and economic dimensions in the supply chain context. This study examines the rapidly developing topic of sustainable supply chain management and clarifies the critical role that it plays in lowering carbon footprints, improving corporate social responsibility, and minimizing negative environmental effects.
Challenges, Strategies, Implication, Stress management and work-life integration