Sustainability means less vulnerability?

sustainable-supply-chain-managementDoes sustainability improve a a company’s resilience towards supply chain vulnerabilities? Recently, in my research on supply chain vulnerability, I’ve come across the term sustainable supply chains. Curious as I am, and easily distracted by related topics, I decided to do some more digging, and this is what I came up with.

What are sustainable supply chains?

There are numerous definitions of the terms ‘Sustainable’ and ‘Supply Chain’, but in essence, this is a supply chain where the responsible manufacturer and retailer takes precedence over the green consumer. It is a supply chain, where resources are not just consumed but also replenished, and where business decisions consider long-term overall environmental and societal impacts. It’s not the opposite of just about business, but it is also not just about environment. It’s about

  • Profitability
    Yes, we need to make money, but we should do so in a responsible way.
  • Accountability
    Whatever we do, we will be held accountable for doing so.
  • Community
    How can our business benefit the community (more than just providing jobs and tax money)?
  • Environment
    Does our business harm the environment in any way?
  • Sustainability
    Do we simply consume, or do we also replenish?

Conclusion

A sustainable supply chain is not primarily seeking to maximize profits.

rogers-sustainable-supply-chain



It may not necessarily be less susceptible to disruption, but nonetheless,  a disruption in a sustainable supply chain may be less likely to wreck widespread havoc, since a sustainable supply chain is not streamlined for profit, but is streamlined for resilience.

Links

Related posts

Posted in THIS and THAT
Tags: , , ,

ARTICLES and PAPERS
Sustainable supply chains
Sustainability has become a huge buzzword, both in today's business world and within the broader fac[...]
Building a secure and resilient supply chain
Are you gambling with your supply network? You should be aware that the supply network is inherently[...]
BOOKS and BOOK CHAPTERS
Appetite versus Attitude
Finally, and long overdue, another review in the Gower Short Guide to Business Risk book series. Thi[...]
Book Review: The Full Costs and Benefits of Transportation
This book, The Full Costs and Benefits of Transportation: Contributions to Theory, Method and Measur[...]
REPORTS and WHITEPAPERS
Hiperos - the Integrated View of Supplier Risk
Supply chains have gone global. No longer are they a point-to-chain of goods flowing from a source t[...]
Supply Chain Security
Today's supply chains circle the globe and form the backbone of world trade and a are major factor i[...]