Supply Chain Sustainability Presentation | University of North Carolina at Charlotte - Edubirdie

University:
University of North Carolina at Charlotte
Course:
BUSN 1101 | Introduction to Business and Professional Development
Academic year:

2024
Views:

86

Pages:

10
Author:

Harsh P.

Supply Chain Sustainability Presentation Introduction to supply chain sustainability concepts. Introduction to Supply Chain Sustainability Supply chain sustainability is a holistic approach to managing the social, environmental and economic impacts of supply chains. It involves assessing and improving sustainability across all stages of the supply chain, f rom raw material sourcing to manufacturing, distribution, consumption and disposal or reuse. The goal is to create resilient, ethical supply chains that benefit people and the planet. Key Drivers Cost savings Risk management Adopting sustainability practices like reducing waste and energy use can significantly cut costs. Sustainability helps mitigate risks like supply chain disruptions, resource scarcity, and changing regulations. Consumer/investor pressure Consumers and investors increasingly demand and reward sustainable business practices. Regulations Governments are enacting regulations to mandate more sustainable business practices. Adopting sustainability practices has become a business imperative driven by multiple factors. Sustainability Strategies Supplier Codes of Conduct Product Life Cycle Analysis Require suppliers to adhere to social and environmental standards through supplier codes of conduct. Assess the environmental impacts of products throughout their life cycle f rom raw material extraction to end-of-life disposal. Circular Economy Move f rom a linear take-makewaste economy to a circular model that eliminates waste through reuse, repair, remanufacturing. Sustainable Packaging Renewable Energy Use recyclable, compostable, or reusable packaging to reduce waste. Source renewable energy like solar and wind power to reduce greenhouse gas emissions. Challenges Cost Lack of standards The upfront financial investment required to implement more sustainable practices can be a barrier for many companies. The lack of consistent sustainability standards and regulations makes it challenging for companies to know how to improve. Complexity Transitioning to more sustainable operations often involves changing complex, ingrained systems which can be difficult and require substantial effort. Opportunities Reduce carbon emissions Efficient waste management Lower production costs Improved employee satisfaction Industry Leaders The Future of Sustainable Supply Chains “The secret of getting ahead is getting started. The secret of getting started is breaking your complex, overwhelming tasks into small manageable tasks, and then starting on the first one. - Mark Twain” MARK TWAIN Questions? This slide prompts questions and discussion f rom the audience about supply chain sustainability. Please share your thoughts and ask any clarifying questions you may have.

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