Chapter_17_Sustainability

Chapter_17_Sustainability - Michigan State University, 2011...

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Unformatted text preview: Michigan State University, 2011 Sustainability Michigan State University, 2011- 2 - Sustainable Supply Chain Management The World Commission on Environment and Development (1987) provided this simple definition: Sustainability : meeting the needs of today without compromising the ability of future generations to meet their own needs. Michigan State University, 2011- 3 - Sustainable Supply Chain Management That view has been expanded to: Triple Bottom Line (TBL) : full impact of activities on People, Plant and Profit Firms have responsibility to all stakeholders TBL Michigan State University, 2011- 4 - Implementing Green Initiatives If the initiative doesnt make sense financially, it probably wont be sustainable over the long- term! Remember the Triple Bottom Line Many green initiatives can be easily justified in short-term financial terms. But, long-term sustainability also requires a long- term financial perspective. Michigan State University, 2011- 5 - Green and Lean Considerable research shows that numerous Sustainability and Green benefits can be identified and justified simply by an extension of Lean Systems thinking and application....
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Chapter_17_Sustainability - Michigan State University, 2011...

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