Supply chain management Essay Example | Topics and Well Written Essays - 500 words

Supply chain management - Essay ExampleCarter and Rogers (2008) define Sustainable Supply compass Management (SSCM) as the strategic, transparent integration and achievement of an organizations social, environmental, and economic goals in the regular coordination of key interoganziational course processes for improving the long-term economic performance of the individual company and its put up set up (cited in Panayiotou & Aravosis, 2011 p.59). Two supply chain types have been identified such as supply-chains driven by lean, cost, and efficiency and supply chains driven by agility, pace and service (Cetinkaya et al, 2011). In order for companies to abide competitive in their SCM, it is important that they customize their supply chains according to the need and competition. The most wide recognized SSCM approach is the triple-bottom line approach which consider the economic, environmental and social contributions or impact that supply chains can make. The best known example of s uch a SSCM is that followed by Starbucks Corporation. Starbucks purchasing school of thought has brought a complete shift in the way supply chain operated. Their purchasing philosophy considers their farmers, their customers and their business through their Coffee And Farmer Equity Practices (C.A.F.E).