History Of Green Supply Chain Management - 1324 Words

Introduction Environmentally sustainable (Green) supply chain management has gained attention within the area of industry, because the environmental issue is one of the serious concern for governments. Green supply chain management is one of the key approach for Chinese manufacturing industry to achieve their market share objectives and to make maximum profit for the companies(van Hock and Erasmus, 2000). Green supply chain management is a management with combination of environmental and supply-chain, considering environmental concern into supply - chain management has become extremely important for a company which will also give that an advantage for the company to gain their market and maintain their position in the competition with their competitor (Qinghua Zhu 2009). Obviously, environment,logistics and strategy are the three key steps to involved to green supply Chain management. Historical development of green supply chain management The term â€Å" Green supply chain management† only defined in the last several years. The concept of Green supply chain is a new concept, however before the concept â€Å" Green supply chain† had been defined, â€Å"Sustainable Development† was the major term as discussed in 1992 Earth Summit in Rio ( Nimawat Dheeraj and Namdev Vishat 2012). In order to made a long term economic development in 1992, according to Nimawat and Namdev’s report, they said that â€Å"governments and some other global organisations decided to take useful measures toShow MoreRelatedGreen Procurements And Managerial Decision Making1080 Words   |  5 Pages GREEN PROCUREMENTS AND MANAGERIAL DECISION MAKING IN SUPPLY CHAIN ENVIRONMENTS: A REVIEW OF NEWCASTLE UNIVERSITY APPROACH Research Background Establishing the context Increasingly, individuals, organizations and governments have become very concerned about the impacts of public procurement and utilizations of goods and services on the environment in particular and society as a whole. Regarding the scale, recent estimates suggest between 8-25 percent of gross domestic product (GDP) of OrganizationRead MoreConsumer Confidence : Product Lifecycle Pricing1542 Words   |  7 Pageslifecycle creation of their product or service, the firm’s risks their reputation in being accused of green washing. 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