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CORPORATE SOCIAL RESPONSIBILITY (How products and services affect people…
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DESIGN FOR DISASSEMBLY
revenue retrieval = total resale revenue + total recycling revenue + total processing cost + total disposal cost
PRODUCTION PROCESS
-Reduce the amount of resources in the production process ; energy, water and environmental contamination
-reduce cost and environmental concerns.
LOGISTICS
-reduce costs by achieving efficient route and delivery networks
1) getting shipments to customers promptly
2) keeping trucks busy
3) buying inexpensive fuel
-management analytics can help.
-evaluate equipment alternatives.
-life cycle ownership costs.
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SUSTAINABILITY
SYSTEM VIEW :
Looking at product's life from design to disposal including all the resources required.
the product or service itself is a small part of much larger social, economic and environmental systems.
understanding systems allows more informed judgements regarding sustainability.
COMMON :
Many inputs to a production system held by the public.
common resources often misallocated.
possible solution include moving some of the common to private property, allocation of rights and allocation of yield.
TRIPLE BOTTOM LINE
consider the systems necessary to support the 3Ps : people, planet and profit.
decision affect people.
globalization and outsourcing complicate the task.
supplier selection and performance criteria are important.
materials must be safe and environmentally responsible.
WALMART'S OBJECTIVES
improving livelihoods through the creation of productive, healthy and safe workplaces.
-environmental management standards 1)environmental management
2)auditing
3)performance evaluation
4) labeling
5) life cycle assessment
-implemented by more than 200000 organizations in 155 countries
-environmental and economic benefits
1)reduced material/resource usage
2)reduced energy consumption
3)lower distribution costs
4)improved image
5)improved process efficiency
6)reduced waste and disposal costs
-ISO 14001 addresses environmental management systems
-guidance to minimize harmful effects on the environment
ADVANTAGES
1)positive public image and reduce liability
2)good systematic approach to pollution prevention
3)compliance with regulatory requirements, opportunities for competitive advantage
4)reduction in the need for multiple audits