BUS5SMM - Sustainable Supply Chain Management: A Quantitative Review

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Added on  2023/06/15

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This report provides a comprehensive review of quantitative models used in sustainable supply chain management, analyzing their application in addressing environmental and social issues within organizations. It examines key concepts such as environment and climate change, societal problems, sustainability, supply chain management, and logistics, offering definitions, examples, and new perspectives. The report compares the discussed article with others in the field, highlighting differences in focus areas like globalization, compliance, technology implementation, and environmental regulations. It also delves into problems within supply chain management, logistics, climate change, societal issues, and sustainability, concluding with the importance of sustainable practices in today's rapidly changing environment. The assignment uses 15-20 authoritative references.
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REVIEW OF QUANTITATIVE MODELS
FOR SUSTAINABLE SUPPLY CHAIN
MANAGEMENT
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The main theme of the assignment is to analyze the
different quantitative models of the supply chain
management
The different developments and directions has to be
addressed with different kind of research methods and
models
The different social and environmental aspects has
been discussed in the respective article and this will
help in understanding the societal problems as well
INTRODUCTION
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The article helps in analyzing the issues relating to the
sustainable management in the different kind of
organizations.
The importance of the supply chain management has
been analyzed that will help the organizations in
overcoming the particular issues faced by them
OVERVIEW OF THE ARTICLE
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The process of the supply chain management has been
discussed as this helped the organizations to relate to
the marketing and management
Integral change in the application of the supply chain
management will help the organizations to have
positive impact on the different projects of the
organization
Contd.....
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Marcus Brandenburg
Kannan Govindan
Joseph Sarkis
Stefan Seuring
AUTHORS OF THE ARTICLE
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Environment and climate change
Meaning: It is defined as the changes that is taking place
in the environment and causing issues in the climate and
supply chain factors. The supply chain management will
be affected wherein due to bad weather conditions, the
companies need to relocate their warehouses and this will
require extra scrutiny of the different products as well
Examples: When there is poor weather condition, it can
cause huge issues for the ice cream or other factories.
Then the companies need to shift their relocate their
warehouses as this will help them in save their business
effectively
KEYWORDS
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New concepts:
Adaptative capacity is the ability of the human beings
in handling the different changes in the climate. It
includes human, social, natural, physical and financial
activities as well.
Resilience is defined as the ability of system in order to
resist and absorb from the effects of the different
hazards
Contd...
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Societal problem analysis
Meaning: It is defined as the issue that influences the considerable number of
individuals in the entire society due to various reasons. The reasons include
poverty, homelessness of different individuals in the entire society.
Example: There are different examples that includes poverty faced by the
individuals in the entire society along with homelessness of the individuals in the
society as well. The good example that can be provided is the scarcity of the
water in Cape town wherein individuals are not able to survive in a positive and
effective manner.
New Concepts:
Social Policy is defined as the policy related to different governmental
institutions wherein that can cause supply chain management of the different
organizations
Social Movement is defined as the movements that can be made by organizations
when they face different societal issues in their day to day activities
Contd....
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Sustainability
Meaning: It is defined as property of biological systems in order to remain diverse
and productive in a definite manner. There are different sustainability issues in the
supply chain management such as over population, waste disposal and land
management.
Example: the different examples are related to the overpopulation, land
management wherein there is no such space in the land and waste disposal issues
New concepts:
Ecology is defined as the concept wherein ecology is related to the environmental
concerns. The different ecological aspects has to be kept in mind as this will help
in understanding the different sustainable pressures
Equity is defined as the concept wherein the development meets the
requirements of the present without compromising the actual ability of the future
generations with help of sustainability
Contd....
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Supply chain management
Meaning: Supply Chain Management is defined as the flow of goods and services
wherein it involves the storage and movement of raw materials of different
materials in the organizations. The other activities include work in progress
materials and other finished goods as well.
Examples: It includes refining of different raw materials in different organizations
and converting them from raw materials to finished products within specific
deadline
New concepts:
Adoption of channel spanning performance is one of the concepts in supply
chain management wherein this will include proper ascertainment of the
different spanning performance of the channels that are utilized in supply chain
management
Differentiate products is other concept wherein this will include the different
products that will help in understanding the differentiation of the different things
Contd....
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Logistics
Meaning: It is defined as the implementation of the different complex
operations. Logistics is defined as the management of flow of things
between different points that include point of origin and point of
development.
Examples: When the goods are supplied from one place to other place it
includes flow of different services that will match the preferences of
the customers and organizations as well.
New concepts:
Total Cost wherein it includes trade off the conflicting costs at the
optimum
Mixed strategy is defined as the concept wherein the pure strategy has
higher amount of costs than the mixed strategy
Contd....
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SUPPLY CHAIN MANAGEMENT
As compared to the Sustainable supply chain
management practices and operational performance
article by Maruf Hassan, it can be seen that the supply
chain management in the particular article is related to
globalization issues and this can have huge effect on the
enterprises and organizations.
However on the other hand, for our given article it was
related to the issue of supply chain management but it was
related to the compliance and quality that will be provided
to the customers of the respective organizations
COMPARISON OF PROBLEMS
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