Sustainable Supply Chain Management: When You Are Not Wal-Mart
Mar 26, 2010 2:15 PM ET
Tremendous opportunities lie within the supply chain to evaluate risk and sustainable development opportunities. Take for instance, the game changing practices that companies like Wal-Mart are currently making in the supply chain. Innovative – yes. But, how does a business make sustainable change in the supply chain when your company is not a Wal-Mart?
Traditionally when we think of supply chain management, our thoughts often focus on “big business” reference points. Companies like GE or Dell regularly come to mind. However in the larger context of the supply chain, these companies represent a small segment of buyers that have a unique and overwhelming buying power . Most of the companies we work with in our sustainability consulting practice represent the larger population of businesses that lack the supply chain stroke of a large buyer like Wal-Mart. Without this tremendous influence to modify supplier behavior through pure necessity, we find many businesses have to bring their supplier stakeholders to the table before setting supplier guidelines and procurement policy. Click here to continue reading.TAIGA5585