Define green supply chain management,its importance and how an organisation engages with it.
Study of the supply of goods and services between businesses and from businesses to customers. Supply chain management includes demand and supply planning, negotiation techniques, supplier relations, supply chain optimization, analysis, and integration.
Expert Solution
Step 1
Green supply chain management integrates the sustainable environmental processes into traditional supply chains. It takes into account various processes such as supplier or vendor selection, purchasing of raw materials and resources, product design and manufacturing, assembling, distribution and transportation.
Green supply chain management involves adding value or value creation through the operations of the whole chain. Reducing the air, water and wastage pollution is the core objective of green supply chain and thus green operations increase organization's performance y reducing the manufacturing wastages, recycling of products and reducing the manufacturing costs. Green supply chain emphasizes on adopting the green practices in mitigating the environmental damages by increasing the operational performance of the organization.
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