Conclusion
Green initiatives, if properly managed, can enable organizations to be responsible
corporate citizens and also deliver higher profitability and competitive advantage.
With experience in providing end-to-end supply chain solutions aligned with industry
trends, Cognizant proposes the following steps organizations can adapt while
implementing green supply chain initiatives:
Use industry standard frameworks like SCOR version 9 to identify potential areas for green
initiatives in the supply chain. With GreenSCOR incorporated in SCOR version 9, the chances of
success in any green initiatives increases.
Align green initiatives with the strategic objectives of the company.
Adopt GSCM best practices when implementing green initiatives.
Use technology solutions to facilitate GSCM initiatives with a special focus on the need and importance
of end-to-end supply chain analysis and network design.
Focus efforts to reduce packaging and in-transit damage when shipping.
Pay special attention to reducing inventory and identifying optimal distribution solutions.
Perform lifecycle analysis for choosing products/solutions to minimize environmental impact.