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Sustainability performance in supply chain of corporate stakeholders

Category: Business & Management Paper Type: Report Writing Reference: APA Words: 300

In order to improve the sustainability in the supply chain, the corporate stakeholders are facing pressures by customers, investors, shareholders and nonprofit components. According to the Global Reporting Initiative (GRI) G4 Guidelines, several methods are devised to improve the sustainability in the supply chain. The improvement of the supply chain in the companies depends on the management of economic performance, social conditions, and the environmental process of the company. The optimized processes depend on the conserve resources that uncovers the innovations and save costs (Greenbiz. com, 2014). The research in the business shows that supply chain sustainability is important for the growing processes. the companies tend to expand the sustainability programs and struggle for the implementation process (Enablon. com, 2017). In the early stages, the companies work for the sustainable supply chain programs and the initial stages include mapping of the supply chain, communication with the expectations, baseline supplier performance, the driving process for the improvement of the process, development of training and capacity building programs, and by joining all the industry collaboration (Enablon. com, 2017). Different companies have developed supplier sustainability programs by considering the robust tracking tools for monitoring of supplier performance and by improving the time consideration. The implementation of performance logistics can be used to determine sustainability improvement (Enablon. com, 2017). The integrated sustainability criteria for the supply chain programs provides procurement process. The shift in the creation of supply chain sustainability process can leverage the power of buyer and have significant influence. Companies tend to expand the business by direct operations across the supply chain process. The development of a company increases by encouraging the innovation process (Greenbiz. com, 2014). The most significant process is employment engagement with the system of company and how much they are committed to access the reality and effective initiatives. The employee engagement with the company increase the efficiency of the company and generates great impact on the development of company.

References of Sustainability performance in supply chain 

Enablon. com. (2017, 11 21). 4 WAYS COMPANIES CAN IMPROVE THEIR SUSTAINABILITY INITIATIVES. Retrieved from enablon.com: https://enablon.com/blog/2017/11/21/4-ways-companies-can-improve-their-sustainability-initiatives

Greenbiz. com. (2014, 01 24). 6 steps for a more sustainable supply chain. Retrieved from www.greenbiz.com: https://www.greenbiz.com/blog/2014/01/24/6-steps-more-sustainable-supply-chain

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