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 doesn’t make sense financially, it probably won’t 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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This note was uploaded on 10/21/2011 for the course SCM 303 taught by Professor Bixbycooper during the Spring '09 term at Michigan State University.

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Chapter_17_Sustainability - Michigan State University 2011...

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