What is sustainable SCM? holistic perspective long-term profitability

How to achieve Sustainable SCM? Reducing emissions Efficient transportation Sizing distribution network properly Warehouse technologies should consume less energy

GOVERNMENT

Comply with regulations Sustainability is a norm Companies are forced to follow Any deviation can lead to serious outcomes like cancellation of business license. To survive, the standard regulations needs to be followed ( Brandenburg 2014 )

Leverage government programs New programs for sustainability Unregulated products are sidelined Government keeping a close watch Government helping the companies to implement sustainability ( Craig 2011 )

Stay Ahead with government interventions Regular checkup by the government Avoiding unwanted problems Being in the good books of the government official

CUSTOMERS

Meet customer expectations Companies with sustainability are preferred Go green initiatives Willingness to pay more Take feedback from customer on the green product ( Zailani 2012 )

Access green consumers Create forums to discuss with customers Involve customers in dialogs Offer opportunities to customer Social events can be organized and customers can be invited.

Product differentiation Better environmental practices Consumers who believe in green are attracted Competitive advantage Strong commitment from the customer

Gain Accreditation Customers will the accreditation Green SCM states the reduction in the emission of CO2 and other gases. Potential environment damage is stopped ( Cholette 2012 )

REDUCED COSTS

Improve efficiencies Usage of electricity and water is reduced and hence, efficiency is increased. Recycling is undertaken Usage of raw materials is reduced.

Reduced Waste Budget is set for savings Every possible cost is taken into consideration. The management has a strong vision ( Beske 2012 )

Reduced treatment costs Company need not spend on treatment the chemical outlets Design products with entire lifecycle in mind There won’t be dual spending on production and treatment of environmental hazards

EMPLOYEES

Retain Employees Employees are happy to be associated with a sustainable company. Employees know the impact of globalization. Employee gets involved in the green initiatives undertaken by the government

Improve risk management Workplace risk can be reduced. Risk management strategies are improvised and new strategies are implemented. Sustainability and risk management go hand-in-hand ( Roehrich 2014 )

Improve learning and Innovation Employees are given a chance to learn and innovate green strategies Every employee will have an important and separate role to play. Sustainability in personal lives

INVESTORS

Meet investor sustainability criteria Sustainability is an investment criteria They want companies with sustainable practices only, to survive Steady growth in sustainable investment ( Li 2014 )

Rank in sustainability Indices Carbon disclosure leadership Positive relative between sustainability and growth in the number of customers.

Deliver Long-time returns for investors Concern about environment attracts more customers Small things taken care by the company today will yield results for years to company. The investors invest and disinvest but investment can be retained if sustainability policies are in place ( Piplani 2008 )

THANK YOU

References Piplani, R, 2008, Sustainable supply chain management, International journal of production economics, vol. 111, no. 2, pp Li, D, 2014, Sustainable food supply chain management, International journal of production economics, Vol. 152, pp. 1-8 Roehrich, J, 2014, Reputational risk and sustainable supply chain management, International journal of operations & production management, vol. 34, no. 5, pp Beske, P, 2012, Dynamic Capabilities and sustainable supply chain management, International journal of physical distribution and logistics management, vol. 42, no. 4, pp

Cholette, S, 2012, Sustainable Supply chain management: an introduction, INFORMS transactions on education, vol. 13, no. 1, pp. 1(50) Zailani, S, 2012, Sustainable supply chain management (SSCM) in Malaysia: A survey, International journal of production economics, vol. 140, no. 1, pp Craig, C, 2011, Sustainable supply chain management, evolution and future directions, International journal of physical distribution & logistics management, vol. 41, no. 1, pp Brandenburg, M, 2014, Quantitative models for sustainable supply chain management developments and directions, European journal of operational research, vol. 233, no. 2. pp