Adopters of Green Supply Chain Management †MyAssignmenthelp.com

Question: Discuss about the Adopters of Green Supply Chain Management. Answer: Introduction: Consciousness in regard to environment has increased in the past few decades. This is especially to counter the problems which have affected the environment such as global warming, decline in non-replenishable resources and toxic substance usage. This has made governments to release campaigns to enlighten people. Quite a small number of organizations have however responded by adopting the ecological principles in their operations, such as using environmentally friendly materials, reducing usage of oil and using recycled papers as means of packaging (Nikbakhsh, 2015). Emergence of environmental management in the sector of supply chain (GSCM) has made its appearance in the recent years to take care of all the steps involved in the manufacturing sector right from the first stage to the last stage and from product design to recycling. Green Supply Chain Management has also been applied in other economic sectors such as government and education sector apart from manufacturing (Nikbakhsh, 2015). Green Supply Chain Management has emerged as a new innovation to help organizations in coming up with a win-to-win strategy that realizes market share as well as profits by reducing their risks and impacts on the environment while promoting their ecological efficiency (Nikbakhsh, 2015). Firms implementing the program achieve efficiency by securing a competitive advantage as well as improving the organizational performance. This is in consideration to the increasing competition in current global market. GSCM has been used by many organizations as a strategic weapon to gain competitiveness while promoting the firms financial and environmental performance. This has been achieved through value addition to the business and minimizing the costs in all parts of production system (Nikbakhsh, 2015). Internally, the firms which adopt GSCM program are likely to witness a number of benefits when put into comparison with other firms which have not embraced the program. These benefits are and not limited to (Zhu Sarkis, 2014). The program is aimed at reducing the waste by effectively ensuring that resources are managed. This reduces production cost, promote recycling and also the reuse of raw material. Production of hazardous substances is reduced hence preventing a firm from fines which are extended due to violation of environmental regulations (Zhu Sarkis, 2014). The program changes customers perception towards its products hence attracting new customers for the firm. This gives the firm a competitive edge over its competitors in the market (Zhu Sarkis, 2014). Adapting to GSCM program reduces the risk of a firm being prosecuted by the environment organizations of unethical operations and anti-environmental practices. This may lead to a firm being banned or heavily fined (Zhu Sarkis, 2014). References Nikbakhsh, E. (2015). Green supply chain management. InSupply chain and logistics in national, international and governmental environment(pp. 195-220). Physica-Verlag HD. Zhu, Q., Sarkis, J. (2014). Relationships between operational practices and performance among early adopters of green supply chain management practices in Chinese manufacturing enterprises.Journal of operations management,22(3), 265-289.