Look at the Future of Walmart Through Its Supply Chain
Look at the future of Walmart through its supply chain
As Gwen Ruta said, we’ve come to believe through experience that you really can create environmental progress by leveraging corporate purchasing power. And who’s got more purchasing power than Walmart? The tendency is obvious that walmart is going to play an important role in the environmental progress. In another word, it’s called sustainability. In 2008, when CEO Scott Lee went to china, he mentioned “develop sustainably”. We all know what walmart is, but do we know what sustainability is？ Generally speaking, sustainability is the capacity to endure. For humans, sustainability is the long-term maintenance of well being, which has environmental, economic, and social dimensions, and encompasses the concept of stewardship, the responsible management of resource use. However, for Walmart – a giant company, sustainability means it should develop in a healthier way, which requires it considers not only profit growth but also the impact on environment and society in a long run. In this article, I will talk about the possible paths that Walmart could take in a sustainable way:
Green supply chain
Supply chain management is the “management and control process from acquisition of raw materials to delivery to the end use”. According to a survey, 9 out of 10 companies rate SCM and stock control as the most important factor to their company’s future success. As we can see, the sustainability of supply chain will decide the whole effect of the “sustainability movement”. Here let’s called it “green supply chain”. It means making the supply chain work without harming the surrounding environment. Setting green supply chain should be the first step for Walmart to face the coming future. Since no matter Walmart does, it will bring huge effect to the whole environment. Walmart has taken a lot of actions towards this direction. However, it should have a systematic plan for future. Look back to our history and look forwards,
As Gwen Ruta said, we’ve come to believe through experience that you really can create environmental progress by leveraging corporate purchasing power. And who’s got more purchasing power than Walmart? The tendency is obvious that walmart is going to play an important role in the environmental progress. In another word, it’s called sustainability. In 2008, when CEO Scott Lee went to china, he mentioned “develop sustainably”. We all know what walmart is, but do we know what sustainability is？ Generally speaking, sustainability is the capacity to endure. For humans, sustainability is the long-term maintenance of well being, which has environmental, economic, and social dimensions, and encompasses the concept of stewardship, the responsible management of resource use. However, for Walmart – a giant company, sustainability means it should develop in a healthier way, which requires it considers not only profit growth but also the impact on environment and society in a long run. In this article, I will talk about the possible paths that Walmart could take in a sustainable way:
Green supply chain
Supply chain management is the “management and control process from acquisition of raw materials to delivery to the end use”. According to a survey, 9 out of 10 companies rate SCM and stock control as the most important factor to their company’s future success. As we can see, the sustainability of supply chain will decide the whole effect of the “sustainability movement”. Here let’s called it “green supply chain”. It means making the supply chain work without harming the surrounding environment. Setting green supply chain should be the first step for Walmart to face the coming future. Since no matter Walmart does, it will bring huge effect to the whole environment. Walmart has taken a lot of actions towards this direction. However, it should have a systematic plan for future. Look back to our history and look forwards,