You Are a “Green” Superhero
I grew up in a time before people knew much about being eco-friendly, being Green, so the concept of sustainability isn’t usually at the top of my mind.
Just to level set, the Brundtland Commission defined sustainable development as “development that meets the needs of the present without compromising the ability of future generations to meet their own needs.”
I care about the environment and doing what I can to minimize my impact. In fact, living in beautiful Colorado I often find myself surrounded by and admiring nature. The picture here is one I recently took overlooking the majestic Rocky Mountains.
Younger generations who have grown up with the threat of Global Warming, Holes in the Ozone Layer and Greenhouse Gases have a much different idea of what it means to be eco-friendly. The topic of sustainability and eco-conscious is discussed in K-12 education on a regular basis today.
Just the other day my daughter came to me and asked, “What have you done in your life that benefits the environment?” At first, I didnt know how to respond. I didn’t have a good answer. It got me thinking, how has my role in supply chain management impacted the environment?
I quickly came to the conclusion that supply chain managers are actually Green Superheroes.
Did you chuckle at that? Give me a minute and you too will come to the same conclusion.
Almost every supply chain improvement is in an effort to reduce costs and minimize waste. This effect has the added benefit of also Greening the supply chain. Most improvements are made through more effective planning, more efficient operations, or reduced inventory transfers.
To help prove my point, let’s take a look at three examples: distribution, forecast accuracy and scenario planning.
A solid supplier scorecarding program can drive big cost savings in the supply chain. Executives know that clear performance metrics are the starting
Ampacet Corporation is the world’s leading manufacturer of the pelletized pigments that add colors to plastics. The company spans the globe with 12 ma
So, the promise of using statistical algorithms, forecasting and predictive analytics is now added to the list of a company’s number one priorities. T