Social responsibility of companies is one of the sharpest and most discussed topics among government, civil society and the business world. With the start of the global economic disaster, interest in this topic has become even more important because of the growing importance of business in the stability of social development, and a corresponding increase of the requirements for its openness and transparency for the public. The sustainability implies responsible business in the economic, social and environmental fields, which should be focused not only on the profit achievement, but also take into account the expectations of all stakeholders. This paper summarize the main sustainable business practices, relational dynamics between firms, the support structures for innovative sustainable practices and strategic intelligence for increaing interface between policy and business.
Role of the different actors in supply network.
The supply chain has been defined as ‘the network of organizations that are involved, through upstream and downstream linkages, in the different processes and activities that produce value in the form of products and services in the hands of the ultimate customer’ (Christopher, 1992, p.74).
The main actors of supply network are: suppliers - producers - warehouses - distributors - wholesaler - retailer - customer - end user. It is important to take into account such kind of actors like service providers: logistics - finances - market researchers - product
A supply chain is very important to an organization. It can and should show the relationship between suppliers, distributors, managers and consumers. This paper would detail how important suppliers and distributions are to an organization’s success. And how important a supply chain is within an organization and how managers can utilize the supply chain. It is important that companies such as Target Corporations utilize the supply chain and gain competitive advantages. Target is one of the world’s largest retail stores; the first Target was opened in 1962 in Roseville, Minnesota (Target.com). By the end of 1962 there were only four Target and they were all operated in Minnesota.
According to Stevenson, supply chain management is the strategic coordination of business functions within a business organization and throughout its supply chain for the purpose of integrating supply and demand management. Supply chains are sometimes referred to as value chains and have two components for each organization: supply and demand. Suppliers, producers and final customers are connected through the supply chain. Global supply chains have additional complexities that may not exist in domestic supply markets. Language and cultural differences, and increased need for trust and cooperation among the supply market are among some of these complexities. There are also risks that exist among
Supply chains are networks of organisations, information, technologies, activities and resources involved in the movement and conversion of physical goods or services from suppliers to end consumers. These different organisations are interlinked by physical, information and monetary flows. Organisations create value by transforming raw products into finished goods or repositioning of resources thru space and time, which is based on networks of supply chains. Both ways, it involves the movement and conversion of physical goods and information throughout supply chains across the world. Therefore organisations and supply chains are closely interlinked in the creation of value for its customers. Manufacturing firms produce goods for
Supply chains represent the procurement, production and distribution activities of an organisation. Within a supply chain, these activities are viewed as linked and reliant on one another to produce the final outcome. It is believed that if one component of the chain fails, the whole chain is broken and product/service delivery goals will not be achieved.
distribution of a commodity. These processes flows downstream toward a customer, and upstream toward the first supplier. Therefore, this process is very important in today's world. For example, a Big Mac is a sandwich that is very popular from McDonalds. Not many know that this product the suppliers provide McDonalds with this substance. It starts with beef, vegetables, and bread companies. Factories and warehouses send these products, and McDonalds makes this product to serve to the customers. Gasoline supply chains starts with finding geographical places to retrieve the gasoline. Then, the production begins with drilling in that particular area. Next, the refining process takes place by marketing the oil. Lastly, gasoline is sold to customers at gas stations. With an automobile repair, the supply chain starts with the customer's needs for service. The parts needed for the car can sometimes be at the repair facility, or may have to be ordered from a factory. Once those parts are shipped to the facility, services begin to take place. The service is then sold to the customer. With a textbook, the supply chain starts with content of the book's needs. Therefore, companies who provides paper and ink would be an ideal start of the supply chain. Next, the content of the text book comes from different writers, or school faculty. The books are made at factories, and then shipped to the warehouse. Next, the warehouse ships these books to businesses or schools for retail. Lastly, these books are sold to customers for purchase.
There are some vaccines that children are required to get. Should parents have a choice about it though? Some people will argue that parents should have a right to say if their child gets vaccinated or not. Others will argue that vaccines are necessary. I believe that parents should not have a choice about vaccinations, and that they should be given to every child.
Cultures across the world differ in just about everything. Why would leadership be any different? While listening to Sayaka Isoda, from Japan, and Ali Al-Tameemi, from Iraq, I saw just how different their countries were from the United States. These differences led to differences in leadership between the three countries.
Many reports and lawsuits have been registered related to ethical and other legal issues in the workplace. Sexual harassment is one of the most registered lawsuits in the courts over the past several years. The news of this ethical issue is common in multi-national companies, political institutes, schools and colleges as well as military institutes. Because of this, many bright professionals have lost their careers; a huge amount of cash has been paid in legal settlements; there have been many devastated families; and the court has been compelled on numerous occasions to make changes in legislation related to this issue. However, everything has been changed with the new legislation. Now, there are certain aspects or laws that might not be acceptable, which were accepted ten years ago (Marshall, 2005).
According to our class text Supply Chain Management’s goal is to create fast, efficient, and low-cost network of business relationships to get a company’s product from concept to market. In order to understand the goal we must know that the supply chain is the process the raw materials of a product go through in order to be available to the consumer. The relationships that the business creates are needed in order to create the product, each process the product goes through creates value, the supply chain is often called the value chain. Internet technologies are increasingly making the supply chain management process much more efficient and worth the initial investment. The supply chain management life
A supply chain is a system of organizations, people, technology, activities, information and resources involved in moving a product or service from supplier to customer. Supply chain activities transform natural resources, materials and components into a finished product that is delivered to the end customer. In sophisticated supply chain systems, used products may re-enter the supply chain at any point where residual value is recyclable.
INTRODUCTION A Supply Chain is a network of facilities and distribution options that performs the function of procurement of materials transformation of these materials into intermediate and finished products and the distribution of these finished products to customers. It is the process used by the companies to ensure that their supply chain is efficient and cost effective. It also basically a collection steps which a company follows to transform raw materials into finished products the five different stages are Plan Develop Make Deliver and Return Plan A plan or strategy
The supply and chain have been defined by Towill, Naim and Wikner as “a sequence of material supplier, production facilities, distribution services and customers which are linked together by the flow of goods and information (Towill, Naim and Wikner 1992). Turner (1993, p.52) argue that “the Supply
The Supply Chain required the cooperation of all the company 's internal departments with external parties, for example, the supplier to get a product that meets market needs in a timely manner. And that there is integration of all parties in terms of the information involved at the right time to get the right product for the right quantities in the right place at the right time for the client to meet the requirement of the
The supply chain is a system made amongst different companies producing and distributing the product. Specifically, the supply chain contains the steps it takes to deliver goods or services from the supplier to the customer.
Supply chain: Supply chain encompasses all activities associated with the flow and transformation of goods from the raw materials stage (extraction) through to the end user all well as the associated information flows. Material and