How can Sustainable Supply Chain Management Impacts the Company’s Performance?
Supply chain management (SCM) is the comprehensive process that encompasses inputs sourcing, product and services manufacturing, and product delivery to the consumer by adding value at every transaction. As the name connotes, sustainable SCM refers to the process of embracing environmentally and socially viable choices while implementing resilient practices to achieve profitable outcomes. The concept resonates with the Triple Bottom Line perspective. In other words, sustainable SCM is defined as the systematic and strategic coordination of critical organizational processes across the business units while deriving inputs from three pillars of sustainable development; economic, environmental and social to accomplish a viable growth from the customers’ and stakeholders’ point of view. The inclusive goal is to maximize the triple bottom line performance by making a responsible SCM. Sustainable Supply Chain Management Impacts the Company’s Performance Why a shift towa...