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What is the difference between green supply chain and sustainable supply chain?

What is the difference between green supply chain and sustainable supply chain?

A green supply chain talks about the eco- friendliness of raw materials, process, product and services of a particular supply chain. Sustainable supply chains are business oriented where the logistics network of a supply chain is addressed in terms of environment,risk and waste costs.

What is green supply chain management?

Green supply chain management is defined as integrating environmental thinking into supplychain management, including product design, material sourcing and selection, manufacturing processes and the delivery of the final product to the consumers as well as an end-of-life management of the product after its useful life …

What are the benefits of green supply chain management?

The benefits of a sustainable supply chain are:

  • Reduced environmental impact. There is a common misconception that reducing the environmental impact of a business comes at a cost.
  • Improve continuity of supply.
  • Protecting against reputational damage.
  • Potential for new partnerships.
  • Win more business.
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Why green supply chain management is important?

Because green supply chain can reduce the environmental pollution and production costs and it also can spur economic growth, create competitive advantage in terms of greater customer satisfaction, positive image and reputation and provide better opportunity to export their products in pro-environmental countries [1].

What is sustainability in logistics and supply chain management?

What Is Supply Chain Sustainability? Supply chain sustainability refers to companies’ efforts to consider the environmental and human impact of their products’ journey through the supply chain, from raw materials sourcing to production, storage, delivery and every transportation link in between.

What is the relationship between sustainability and supply chain?

A sustainable supply chain also helps improve productivity while saving money at the same time. By using sustainable techniques and resources, you increase the efficiency of buildings, vehicles and machinery at a significant cost savings.