387 From supply chains to value chains: A spotlight on CSR Malika Bhandarkar and Tarcisio Alvarez-Rivero* 1. Introduction Corporate social responsibility (CSR)1 has become a hot topic in boardrooms across the world. Changes in corporate value systems are being driven by pressures from different actors‚ including governments‚ consumers‚ non-governmental organizations (NGOs) and institutional investors (diagram 1). Multinational corporations (MNCs) have operations spread across the globe‚ relying
Premium Corporate social responsibility
2.1 Efficiency Zara’s supply chain is efficient mainly in terms of time and inventory management as discussed below. Zara allows store managers to order twice per week. The shipments are then prepared and delivered in least possible time. The products are displayed in stores on the same day they arrive. This allows Zara to reduce the lead time whenever required. (Benjabutr‚ n.d.) Moreover‚ Zara is able to get a new product from just a sketch to a store in 4 to 6 weeks. This is considered to be unexpectedly
Premium Supply chain management
1. Consider the purchase of a can of soda at a convenience store. Describe the various stages in the supply chain and the different flows involved. The stages in a supply chain are normally the supplier‚ the manufacturer‚ the distributor‚ the retailer‚ and finally the customer. The first stage of the supply chain is the supplier. Initially‚ the supplier provides the material necessary for the production of the soda can to the manufacturer‚ who had previously passed an order for the material
Premium Supply chain management
Number Introduction 3 Background of the Company 8 The Dilemma in Saudi Aramco Supply Chain Management 10 Analysis of the operation of the Company’s Supply Chain Management 12 Conclusion 16 References 17 Introduction: Several company managers are continuously searching for the best possible way of reducing cost and utilizing their inventories so that the company can implement cost reduction strategy. With all prices of prime commodities are accelerating for
Premium Petroleum Saudi Arabia Supply chain management
SUPPLY CHAIN AND LOGISTICS IN THAILAND Abstract Supply chain and Logistics management has become an emergent strategy for a developing country‚ like Thailand‚ in this new economy. Low labour cost – as a competitive advantage factor - is no longer sufficient for surviving under this high pressure and competitive economy. However‚ at the time that the concept plays a key role in Thailand industry and a number of researches have been conducted‚ all the knowledge in the field are still not effectively
Premium Logistics Supply chain management Supply chain
Theories of supply chain management Essay by Pancu Dana “Supply Chain Management is the integration of key businesses processes from end user through original suppliers that provides products‚ services and information that add value for customers and other stakeholders.” ( Lambert-Cooper 2000‚ 66 ) A general definition of the supply chain management (SCM) includes all suppliers‚ production capabilities‚ distribution centers ‚ warehouses‚ customers‚ raw materials‚ stock with semi-finished products
Premium Supply chain management Management
Supply Chain Management: The Benefits of Being Green TLMT 525 28 October 2012 American Military University ABSTRACT Green House Gases produced during supply chain activities have become one of the main sources of serious environmental issues‚ including global warming‚ acid rain‚ and continuous depletion of the atmospheric ozone layer. The purpose of this research is to explore opportunities and challenges associated with logistical supply chain emission reduction by studying advancement
Premium Greenhouse gas Carbon dioxide Supply chain management
ASSIGNMENT GRADE Common Skills Grade A B C D E F G Unit outcomes Outcome Evidence for the criteria Feedback Assessor’s decision Internal Verification Analyse how the business environment is considered in strategy formulation. (1) Define the context of business strategy a Explain the significance of stakeholder analysis b Conduct an environmental and organizational audit of a given organization
Premium BMW Strategic management
achieve and sustain a competitive edge. The philosophy of strategic supply chain management (SCM) has been appraised as a means of beating and sustaining the market share in manufacturing Industry (Chan et al‚ 2003). Construction Industry is multidisciplinary and involves unique projects. Could this be the reason why Construction has not been performing satisfactorily as decried by Egan in1998? The interfaces between differing supply chains within the organization are commonly very prone to adversary‚
Premium Supply chain management Project management Management
BASF is the world’s largest chemical company by sales‚ ahead of their competitors Dow‚ DuPont‚ and Bayer. BASF is a global chemical company with operations on five continents and in more than eighty countries. They operate more than 380 facilities worldwide. The company is comprised of five main business segments: plastics‚ performance products‚ agricultural products‚ basic chemicals‚ and oil and gas exploration and production. The company’s recent actions to move a greater share of their production
Premium Supply chain management Energy development Supply chain