Green Plant Supply Chain Management Samples †MyAssignmenthelp.com

Question: Discuss about the Green Plant Supply Chain Management. Answer: Sustainable Supply Chain Management The use of green plant saves energy in the manufacturing industries and minimizes the cost of business. According to Chen et al. (2014), Taiwan semiconductor manufacturing company saved NT $ 26 million through the use of the Green plant. The Modern world has seen legislation that pursues Manufacturers to be responsible in business, an aspect that strains the organization's resources. According to Mitra Datta (2014), most countries have laws that force organizations to dispose or recover products that may be returned after use. The recovery logistics increases the cost of operation. However, Mitra Datta (2014) note those manufacturers that engage in product recovery ask for economic incentives. This would help in the overall reduction of cost. Additionally, manufacturers who seek to reduce their operation cost must develop sustainable scorecards for products to plan sustainable operation cost. Kashmanian Moore (2014) points out that McDonald's have an environmental scorecard that they use to entice suppliers to engage in energy, water, and waste reduction. Moreover, IKEA uses product scorecard to ensure use of more renewable materials and encourage their suppliers to enhance energy efficiency (Kashmanian Moore, 2014). Sustainable scorecards will help manufacturers minimize cost. Organizations are faced with high production costs in the course of business. However, Companies may minimize the cost through green alternatives. According to Gechevski, Kochov Popovska-Vasilevska (2016), the reduction of power consumption, finding substitutive sources of energy and recycling will help organizations solve issues of higher production cost. Thus, engaging in sustainable supply chain management will allow companies to minimize cos t. References Chen, J. C., Shen, T.-C., Fun, C.-P., Chang, J. W.-H., Chang, T.-Y., Lin, Z.-S., Lin, Y.-J. (2014). A Study of Incentives and its Policies for Sustainability in Supply. Proceedings of the International Conference on Industrial Engineering Operations Management, (pp. 812-816). TaiPei. GECHEVSKI, D., KOCHOV, A., POPOVSKAVASILEVSKA, S. (2016). Reverse logisitics and Green Logistics way to impvoving the environmental sustainability. Acta Technica Corvininesis - Bulletin of Engineering, 63-70. Kashmanian, R. M., Moore, J. R. (2014, Summer). Building Greater Sustainability in Supply Chains. Environmental Quality Management, 13-37. 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.