Effective and Eco friendly Supply chain management

Eco-friendly activities impact many aspects of the sector, only one of which is product creation. The different manufacturing phases give supply chain managers plenty of versatility in embedding green approaches. Sourcing, manufacturing and transport all have significant environmental consequences but they don't have to be adverse. Green supply chain management ( GSCM) can address many of the problems surrounding industrial production techniques.

Within the supply chain management, green innovations are catching on and changing the way business operates. Here are a few common techniques, as well as how they have performed with different businesses.

Green Supply Chain Management is all about providing environmentally friendly goods and services from vendors, producers, to end users through material transfer, knowledge flow and cash flow. Traditional Supply Chain Management focuses on Overall Quality, Maximum Cost and Best Service that contributed to the industry in any way. Today's Green Supply Chain Management demands integrating the sustainable concept into a supply chain in each and every level of the product and service.

Supply chain managers therefore have a significant role to play in implementing new sustainability solutions to solve the challenges the economy faces with environmental concerns and convey this to every stakeholder in the chain. Lean Production reduces waste at all levels of the supply chain. It focuses on manufacturing quality goods that meet consumer needs which are economically and environmentally sustainable. It is the best practise to follow, as it reduces inventory, saves energy and space. Manufacturing Lean thus contributes to the Green climate. EPI is intended to calculate the efficacy of a country's environmental efficiency.

Benefits we get from Green supply chain management are:

• It would help us gain a competitive edge and help us retain new clients.
• Increased resource use, increased productivity and decreased cost of production.
• It is contributing more towards improving financial results.
• Reduces damage by removing dangerous material that has the effect on the environment.
• Improved product and service quality gives higher customer loyalty and credibility

Ethical sourcing means an emphasis on well-being for people, animals and the environment. Sustainability focuses on both social and economic wellbeing, and environmentalism. Suppliers must achieve this by respecting human harvesters and natural resources in order for a commodity to be genuinely sustainable. Human procurement strategies can vary from growing farmers' salaries and granting paid maternity leave to selective tree harvesting.

Reverse logistics systems discuss the manner in which businesses manage goods until they achieve their intent. GSCM promotes recycling and reuse, however, if recycling is not feasible, items may undergo other methods of disposal. Companies refer to this technique as a closed-loop scheme, which involves products that go out and return for repurposition. Customers return to the retailer faulty or discarded items, which then become waste or a new item.

Just in time supply chain management  includes putting goods in the right place at the right time. Manufacturers only supply as much as they need to prevent unnecessary inventory.It  helps businesses prevent unnecessary material investment and overfill their warehouses. The strategy takes practise to employ, but when properly implemented, can streamline output. Analysis of data is a major component, as managers have to predict market buying patterns to satisfy demand.

By implementing effective and eco friendly Supply chain management  improves operations by employing an environmental solution.It helps to reduce risks and speed innovations.Also it can reduce the increasing fuel price and saves from toxic products and environmental pollution.