Best Practices in Implementing Green Supply Chains April 5, 2005 Green Supply Chain Management PAGE 2 © 2005 LMI Green SCM integrates environmental and supply chain management. Green Supply Chain Management Environmental Management Supply Chain Management Green Supply Chain Management Green SCM recognizes the disproportionate environmental impact of supply chain processes in an organization. PAGE 3 © 2005 LMI Contents • What is Green Supply Chain Management? • Green Supply Chain Management Principles • Green Supply Chain Management Best Practices • Implementing Best Practices • Summary PAGE 4 © 2005 LMI Green SCM leverages the role of the environment in SC value creation. Environmental Value Drivers Tangible Outcomes Green Supply Chain Programs Profitability Asset Utilization Supply Chain Value Service Level Employee Satisfaction Customer Stakeholder Interests Environmental Sustainability Community Quality of Life Reputation Continuity Alliances Technology Intangible Value Drivers Source: Forging New Links, GEMI, 2004 PAGE 5 © 2005 LMI Commercial firms have had early success using Green SCM principles. Texas Instruments: Saves $8 million each year by reducing its transit packaging budget for its semiconductor business through source reduction, recycling, and use of reusable packaging systems (20% annual savings). Commonwealth Edison: Produced $50 million in financial benefits from managing materials and equipment with a life-cycle man ...
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