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Sustainable supply chain management : Assignment
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Added on 2021-04-21
Sustainable supply chain management : Assignment
Added on 2021-04-21
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Synthesising AssignmentTask: Writing synthesised summary from multiple sourcesYou have been asked to write an essay with the title ‘Sustainable Supply 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 in through saving of the energy cost. Taiwan semiconductor manufacturing company managed 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 the International Conference on Industrial Engineering & Operations Management, (pp. 812-816). TaiPei.Original TextB1“Taiwan Semiconductor Manufacturing Company (TSMC) had built the Green plant, compared with TSMC original plant, the 2% annual savings in energy costs has been achived. The wafer 14 plant 3 saved approximately NT $ 26 million. The world's leading enterprise in technology industry has begun to import green thinking in the past few years. In addition, Texas Instruments, Intel, Philips, Toyota Motor America, American Honda Motor and other major companies are flockinginto the green plant and process principles. The related policies in this case are green building, optimiztion of transportation strategy and purchasing management.”“Many countries have now passed legislations that hold manufacturers responsible for recovery and/or disposal of their products and packaging discarded/returned after use. The responsibilities of manufacturers include collection, transportation, inspection, recovery and/or disposal of returns, collectively referred to as reverse logistics. Manufacturers engaged in product recovery seek economic incentives.”
The Modern world pursues Manufacturers to be responsible in the course of their business through disposal and recovery of their products. Most countries have laws in place that forces organizations to dispose or recover products that may be returned after use. The manufacturers that engage in product recovery ask for economic incentives. Mitra, S., & Datta, P. P. (2014). Adoption of green supply chain management practices and their 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 efficiency Kashmanian, R. M., & Moore, J. R. (2014, Summer). Building Greater Sustainability in Supply Chains. 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 from preferred and/or certified sources (IKEA, 2010). The company also has a goal to reduce carbon emissions by 20% by 2015 and a 2020 goal for its suppliers to increase energy efficiency by 20% (IKEA, 2013). McDonald’s uses its Environmental Scorecard to encourage suppliers to measure and reduce energy, waste, and water, normalized to production, and to submit these data into a software database system (McDonald’s, 2013a)”.
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