Sustainable supply chain management : Assignment
Added on - 21 Apr 2021
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Synthesising AssignmentTask: Writing synthesised summary from multiple sourcesYou have been asked to write an essay with the title ‘SustainableSupply ChainManagement’. You have decided to focus on the economic dimension. Youwant to include a paragraph on its impact on cost minimisation and havefound the following paragraphs from a number of sources. First, underline themain points in each paragraph and make notes on these points (2 Marks).Original Text AThe use of green plant in the manufacturing industries saves the cost business inthrough saving of the energy cost. Taiwan semiconductor manufacturing companymanaged a 2% annual saving through the building of Green plant which is equivalentto NT $ 26 million.Chen, J. C., Shen, T.-C., Fun, C.-P., Chang, J. W.-H., Chang, T.-Y., Lin, Z.-S., & Lin, Y.-J. (2014). AStudy of Incentives and its Policies for Sustainability in Supply.Proceedings of theInternational Conference on Industrial Engineering & Operations Management, (pp.812-816). TaiPei.Original TextB1“Taiwan Semiconductor Manufacturing Company (TSMC) had built theGreen plant, compared with TSMC original plant,the 2% annual savingsin energy costs has been achived. The wafer 14 plant 3 savedapproximately NT $ 26 million.The world's leading enterprise intechnology industry has begun to import green thinking in the past fewyears. In addition, Texas Instruments, Intel, Philips, Toyota MotorAmerica, American Honda Motor and other major companies are flockinginto the green plant and process principles.The related policies in thiscase are green building, optimiztion of transportation strategy andpurchasing management.”“Many countries have now passed legislations that hold manufacturersresponsible for recovery and/or disposal of their products and packagingdiscarded/returned after use.The responsibilities of manufacturers includecollection, transportation, inspection, recovery and/or disposal of returns,collectively referred to as reverse logistics.Manufacturers engaged inproduct recovery seek economic incentives.”
The Modern world pursues Manufacturers to be responsible in the course of their businessthrough disposal and recovery of their products. Most countries have laws in place thatforces organizations to dispose or recover products that may be returned after use. Themanufacturers that engage in product recovery ask for economic incentives.Mitra, S., & Datta, P. P. (2014). Adoption of green supply chain management practices andtheir impact on performance:.International Journal of Production Research,, 2085-2107.Original Text C:McDonalds manufacturer have an environmental scorecard that they use to enticesuppliers to engage in energy, water and waste reduction. IKEA uses productscorecard to ensure use of more renewable materials and encourage their suppliersto enhance energy efficiencyKashmanian, R. M., & Moore, J. R. (2014, Summer). Building Greater Sustainability in SupplyChains.Environmental Quality Management, 13-37.2“IKEA has a sustainability product scorecard and a goal that by fiscal year 2017, themajority of its renewable materials, such as cotton and wood, will come frompreferred and/or certified sources (IKEA, 2010). The company also has a goal toreduce carbon emissions by 20% by 2015 and a2020 goal for its suppliers toincrease energy efficiency by 20%(IKEA, 2013).McDonald’s uses itsEnvironmental Scorecard to encourage suppliers to measure and reduce energy,waste, and water, normalized to production, and to submit these data into a softwaredatabase system (McDonald’s, 2013a)”.