Sunday, November 3, 2019
Benefits and Challenges of implementing Supply Chain Essay
Benefits and Challenges of implementing Supply Chain - Essay Example The present research has identified that supply chain refers to the activities adopted in transforming natural resources and raw materials into final products. This implies that an organization must take into consideration the impact of the supply chain activities on the stakeholders including the consumers, outside visitors, and employees. It is imperative to note that in complex supply chains, products may be re-entered to the process in case the residual values are to be recycled. In order to create the strong positive relationship with their customers, it is essential for firms to adopt social responsibilities that involve maintaining the clean environment, producing safe products and controlling noise among others. As indicated by Greeff and Ghoshal, organizations are responsible for auditing products and the suppliersââ¬â¢ needs. If the supply activities are not directly controlled, managers within the supply chain should ensure that visibility needs are improved. Another po int to note is that suppliers should collaborate with local partners as a way of making the social responsibility in supply chains to be successful. Given the stiff competition in the local and global markets, there is the need for firms to provide quality brands that meet the needs of the consumers. One of the methods of implementing enterprise sustainability concepts according to Diane is by developing a sustainable supply chain. For instance, in its effort to create the strong connection with its stakeholders, Starbucks Corporation has adopted various strategies that touch on social responsibilities. The company mentors and support farmers in Costa Rica and Ethiopia among other countries in order to ensure unique coffee products that meet the needs of the consumers globally. Similarly, Starbucks assists farmers and other stakeholders to improve the quality of their yields and crops as a way of maintaining the high-quality product for the company.
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