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

Supply chain management - Essay Example Carter and Rogers (2008) define Sustainable Supply Chain Management (SSCM) as the strategic, transparent integration and achievement of an organization’s social, environmental, and economic goals in the systematic coordination of key interoganziational business processes for improving the long-term economic performance of the individual company and its supply chains (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 stay competitive in their SCM, it is important that they customize their supply chains according to the need and competition. The most widely 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 such a SSCM is that followed by S tarbucks Corporation. Starbucks’ purchasing philosophy 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).