Podcast
Questions and Answers
What is a primary goal of Sustainable Supply Chain Management (SSCM)?
What is a primary goal of Sustainable Supply Chain Management (SSCM)?
What is one significant challenge faced in modern supply chains?
What is one significant challenge faced in modern supply chains?
Which certification is NOT mentioned as a measure for evaluating suppliers?
Which certification is NOT mentioned as a measure for evaluating suppliers?
What role do NGOs play in the context of SSCM?
What role do NGOs play in the context of SSCM?
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Which strategy focuses on avoiding risks through supplier evaluation?
Which strategy focuses on avoiding risks through supplier evaluation?
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Customers' preference for sustainable products often comes with what limitation?
Customers' preference for sustainable products often comes with what limitation?
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What is one of the implications of having several thousand suppliers in a supply chain?
What is one of the implications of having several thousand suppliers in a supply chain?
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Which of the following statements best describes the integration of SSCM?
Which of the following statements best describes the integration of SSCM?
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What is one of the three criteria for shaping a product's market presence?
What is one of the three criteria for shaping a product's market presence?
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How does globalization impact supply chains?
How does globalization impact supply chains?
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Which event highlighted significant supply chain risks in the apparel industry?
Which event highlighted significant supply chain risks in the apparel industry?
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What solution was implemented after the Rana Plaza disaster regarding factory conditions?
What solution was implemented after the Rana Plaza disaster regarding factory conditions?
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What was one of the financial responses to the Rana Plaza disaster?
What was one of the financial responses to the Rana Plaza disaster?
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What challenge arises from the enforcement of better building standards in factories?
What challenge arises from the enforcement of better building standards in factories?
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What is one possible question raised regarding the control of factory building standards?
What is one possible question raised regarding the control of factory building standards?
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What is emphasized as a consequence of globalization in relation to supply chains?
What is emphasized as a consequence of globalization in relation to supply chains?
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Which companies are directly affected by the Corporate Sustainability Due Diligence Directive?
Which companies are directly affected by the Corporate Sustainability Due Diligence Directive?
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What is the primary purpose of the EU Regulation on deforestation-free products?
What is the primary purpose of the EU Regulation on deforestation-free products?
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Which of the following commodities is NOT mentioned as having a deforestation risk?
Which of the following commodities is NOT mentioned as having a deforestation risk?
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How do SMEs relate to the Corporate Sustainability Due Diligence Directive?
How do SMEs relate to the Corporate Sustainability Due Diligence Directive?
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What must companies placing high-risk commodities on the EU market prove?
What must companies placing high-risk commodities on the EU market prove?
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What describes the current status of the Corporate Sustainability Due Diligence Directive?
What describes the current status of the Corporate Sustainability Due Diligence Directive?
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Which of the following is NOT a factor for determining the applicability of the Corporate Sustainability Due Diligence Directive?
Which of the following is NOT a factor for determining the applicability of the Corporate Sustainability Due Diligence Directive?
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What are the greatest sustainability risks according to the findings?
What are the greatest sustainability risks according to the findings?
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Which approach involves multiple focal companies working together?
Which approach involves multiple focal companies working together?
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Which of the following is a possible outcome of the EU's regulations on deforestation-free products?
Which of the following is a possible outcome of the EU's regulations on deforestation-free products?
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What do procurement teams need to be rewarded for, according to the findings?
What do procurement teams need to be rewarded for, according to the findings?
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What strategy is required for developing sustainable products?
What strategy is required for developing sustainable products?
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Which of the following is an example of a multi-stakeholder initiative (MSI) mentioned?
Which of the following is an example of a multi-stakeholder initiative (MSI) mentioned?
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What does Life Cycle Assessment (LCA) measure in sustainable products?
What does Life Cycle Assessment (LCA) measure in sustainable products?
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What challenge do sustainable products face due to commoditization?
What challenge do sustainable products face due to commoditization?
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Which approach gives Tier 1 suppliers the responsibility to control Tier 2 suppliers?
Which approach gives Tier 1 suppliers the responsibility to control Tier 2 suppliers?
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What is the primary focus area for companies in managing suppliers based on key findings?
What is the primary focus area for companies in managing suppliers based on key findings?
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What is the primary focus of Professor Nathan Kunz's research?
What is the primary focus of Professor Nathan Kunz's research?
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Which aspect is NOT included in the teaching curriculum of Nathan Kunz?
Which aspect is NOT included in the teaching curriculum of Nathan Kunz?
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What is the purpose of Supply Chain Management (SCM)?
What is the purpose of Supply Chain Management (SCM)?
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Which level of education does Nathan Kunz currently hold as of 2023?
Which level of education does Nathan Kunz currently hold as of 2023?
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What is considered the 'focal company' in Supply Chain Management?
What is considered the 'focal company' in Supply Chain Management?
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What is a key focus area under Sustainable Supply Chain Management?
What is a key focus area under Sustainable Supply Chain Management?
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What is one of the main responsibilities of the Associate Professor role held by Nathan Kunz?
What is one of the main responsibilities of the Associate Professor role held by Nathan Kunz?
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What does the term 'relationship management' in the context of SCM refer to?
What does the term 'relationship management' in the context of SCM refer to?
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Which of the following accurately reflects Nathan Kunz's background?
Which of the following accurately reflects Nathan Kunz's background?
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Which of the following best describes the role of legal frameworks in sustainable supply chains?
Which of the following best describes the role of legal frameworks in sustainable supply chains?
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Study Notes
Supply Chain Management - Quick Refresher
- Supply chain management is the integration of relationships between organizations along the supply chain in order to establish competitiveness.
- The "focal" company is the company that is visible to end customers, shapes the product's design and environmental impac,t selects suppliers, and decides on distribution channels.
Supply Chain Risks
- Supply chain risks include natural disasters, political instability, pandemics, economic recessions, and cyberattacks.
- The Rana Plaza disaster in 2013 resulted in 1138 deaths and 2000 injuries in a Bangladesh garment factory building. This exemplifies the risks faced by companies operating global supply chains.
Sustainable Supply Chain Management (SSCM)
- SSCM aims to integrate an organization's social, environmental, and economic goals into supply chain processes to achieve long-term economic performance.
- Challenges for SSCM include the complexity of multi-tiered supply chains, rapidly changing supplier networks, and competing stakeholder interests.
Two Strategies for Making Supply Chains More Sustainable
- Supplier Management: Focuses on evaluating and selecting suppliers based on economic and sustainability aspects. This includes utilizing certification programs like ISO 14001, ISO 26000, and SA8000 to ensure sustainable practices among suppliers.
- Develop Supplier Action Plans: Involves creating action plans for supplier improvement focused on environmental and social responsibility.
Supplier Management For A More Sustainable Supply Chain
- Companies often focus on controlling top-tier suppliers, while the greatest sustainability risks originate from lower-tier suppliers.
- Focal companies should reward procurement teams for performance in the three dimensions of sustainability: Profit, Planet, People.
Key Findings On Effective Supplier Management
- Fragmented supply chains require sector-wide approaches to drive sustainability change.
- Multi-stakeholder initiatives (MSIs) can be effective instruments for achieving greater sustainability across entire industries.
- Examples of MSIs include: Forest Stewardship Council (FSC), Better Cotton Initiative, Roundtable for Sustainable Palm Oil (RSPO), and Swiss Platform for Sustainable Cocoa (SWISSCO).
Sustainable Products
- Sustainable products aim to minimize environmental and social impacts throughout their life cycle.
- Life cycle assessments (LCAs) are used to measure both environmental (eLCA) and social (sLCA) impacts of products across their lifecycle.
- Transparency in the supply chain and collaboration among partners are essential for developing sustainable products.
The Challenge for Sustainable Products: Commoditization
- Commoditization occurs when products become undifferentiated and price becomes the main factor driving purchasing decisions.
- In the context of sustainable products, this poses a challenge because it can be difficult to trace and verify the "sustainable" attributes of products when they are indistinguishable from non-sustainable counterparts.
EU: CSDDD – Corporate Sustainability Due Diligence Directive
- The CSDDD requires large companies to conduct due diligence related to human rights and environmental risks throughout their supply chains.
- Companies must identify, prevent, mitigate, and account for adverse human rights and environmental impacts arising from their own operations and their supply chains.
- The directive applies to companies outside the EU with significant operations within the EU.
EU: EUDR – Regulation on Deforestation-Free Products
- The EUDR aims to prevent products from being sold in the EU if they contribute to deforestation.
- The regulation mainly impacts commodities with a high deforestation risk, including cocoa, coffee, palm oil, cattle, and wood.
- Companies must demonstrate that their products do not originate from recently deforested land.
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Description
Test your knowledge on the fundamentals of supply chain management, including its risks and sustainability practices. This quiz covers key concepts such as the role of the focal company and the impacts of global supply chain disruptions.
