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Books > Business & Economics > Business & management > Management of specific areas > Purchasing & supply management
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Not currently available
Sustainable Operations and Closed-Loop Supply Chains (Paperback)
Loot Price: R595
Discovery Miles 5 950
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Sustainable Operations and Closed-Loop Supply Chains (Paperback)
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Loot Price R595
Discovery Miles 5 950
Supplier out of stock. If you add this item to your wish list we will let you know when it becomes available.
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The book can be viewed from the perspective of a medium to large
firm's journey towards sustainability. A firm that wants to be
sustainable considers the triple bottom line when making decisions,
i.e., the firm takes into account economic (profit), environmental
(planet), and social (people) impacts when making decisions. By
focusing on the triple bottom line (3Ps), the firm ensures a steady
supply of inputs such as raw materials and labor indefinitely. The
first step towards sustainability is aimed at reducing waste in
operations (mainly production), with the help of such tools as lean
and six-sigma. The firm then performs a Life-Cycle Assessment (LCA)
for each of its main products and processes. LCA is a methodology
designed to assess the environmental impact (e.g., energy
consumption) of a product or process, from raw material extraction
to production (in its different stages), packaging, distribution,
sales, consumer use, and end-of-life disposal. With a better
understanding of the major impacts, the firm can then target
actions designed to reduce the firm's environmental impact (which
in most cases also improves the economic bottom line), that is, the
firm aims to be eco-efficient. The final step in the journey
towards sustainability, which is the ultimate goal, is to close the
loop. To close the loop, the firm starts by designing products for
multiple life cycles (as in design for remanufacturing), or
products designed according to a "cradle-to-cradle" philosophy that
ensures ease of disassembly and 100% recyclability (up-cycling as
opposed to down-cycling).
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