Green Supply Chain Management: The Need Of The Hour

As the world is becoming increasingly aware of the effects of climate change, the need for sustainable practices is becoming ever more pressing.

Green supply chain management (GSCM) is the holistic approach to managing a business so that it has the least possible impact on the environment.

Sustainable supply chain management involves the integration of environmental considerations into the operations of a supply chain, from the sourcing of materials to the delivery of the final product.

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GSCM is a key component in the global effort to reduce greenhouse gas emissions and other forms of pollution. It is also beneficial for businesses in terms of cost savings, improved efficiency, and better resource management.

GSCM is a comprehensive approach to managing the flow of materials and products through the supply chain in a way that minimizes environmental impact.

It involves the integration of environmental considerations into all aspects of the supply chain, from the sourcing of materials to the delivery of the final product.

Benefits of green supply chain management

The primary benefit of GSCM is that it can help reduce the environmental impact of a business. By adopting green practices, businesses can reduce their energy consumption, make better use of resources, and reduce waste.

This can result in a reduction of greenhouse gas emissions and other forms of pollution. In addition, businesses can benefit from cost savings due to increased efficiency and reduced waste. For example, businesses can save money by reducing the amount of energy and resources they use, and by reducing the amount of waste they produce.

GSCM can also help businesses in terms of their reputation and public image. Adopting green practices can help to improve a company's reputation with consumers and stakeholders, as well as increase its competitive advantage.