Supply Chain and Operation Management Assignment 2022

   

Added on  2022-10-11

9 Pages2631 Words38 Views
Running head: SUPPLY CHAIN AND OPERATIONS MANAGEMENT
Supply Chain and Operations Management
Name of the Student
Name of the University
Author’s Note
Supply Chain and Operation Management Assignment 2022_1
SUPPLY CHAIN AND OPERATIONS MANAGEMENT1
Table of Contents
Introduction................................................................................................................................2
Triple Bottom Line Concept......................................................................................................2
Logistics Management and TBL................................................................................................3
Impacts of Logistics Management on Sustainability in “Triple Bottom Line”.........................4
Conclusion..................................................................................................................................6
References..................................................................................................................................7
Supply Chain and Operation Management Assignment 2022_2
SUPPLY CHAIN AND OPERATIONS MANAGEMENT2
Introduction
Sustainability is becoming an increasingly crucial aspect in all areas of business; and
this puts the obligation on the companies to undertake the negative impacts of their business
operations on environment and society (Assembly, 2015). In the recent years, there is a
relation between sustainability and supply chain, especially logistics management. Within the
manufacturing and distribution industry, the efficiency as well as sustainability of the supply
chain is regarded as a difficult and time-consuming process. To make sure the logistics
process that includes transportation, distribution and other aspects to move the products from
one place to another in efficient manner can positively impact the relation with the customers
and can positively impact the bottom line (Griggs et al., 2013). The main aim of this report is
the analysis how effective logistics management can contribute towards sustainability in
“triple bottom line” concept within the organizations. In order to achieve this objective, this
report undertakes the analysis of the concepts of triple bottom line and logistics management.
Triple Bottom Line Concept
Triple Bottom Line (TBL) is considered as an accounting framework that integrates
three performance dimensions; they are Social, Environmental and Financial. TBL is
different from the traditional reporting framework due to the inclusion of environmental as
well as social measures (Milne & Gray, 2013). The dimensions of TBL is also called as the
three Ps: People, Planet and Profit. These are as follows:
Figure 1: Three Ps of TBL
Supply Chain and Operation Management Assignment 2022_3

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