Sustainable Operations Management Essay Example | Topics and Well Written Essays - 2000 words

Sustainable Operations Management - Essay Example Its main focus is on the efficiency and effectiveness of the processes involved in value creation for sustainable development and growth. The term sustainability aims at keeping a balance between the human needs and prevention of the ecosystems on which our future generation depends. In specific, it refers to the exploitation of resources with the orientation of technological changes and minimal environmental damage to the present as well as future needs. The adoption of sustainable development theory is at an ever growing pace with the increased awareness of eco-friendly environment and analysis has indicated that since after the introduction of UN Agenda 21 (Moore, pp. 20-28, 2008), things seem to accelerate significantly in this area. In order to compete with the global market, businesses are paying more attention towards the environmental consequences of their products or services. They have realized the importance of operations strategy to support the company’s objectives and corporate goals. This trend has transformed the nature of operations to green product design, triple bottom line reporting and close-loop supply chains (Lippmann, pp. 1-9, 1999). The involvement of operations management is present from strategic to tactical and operational levels. Its activities include â€Å"site location, layout and structure, inventory management, traffic and materials handling, equipment selection and maintenance, designing technology supply chains, etc† (Metz, 1998). In this regard, this paper will focus on the issues companies confront while developing their policies regarding sustainable development (Moore, pp. 29-33, 2008) in the area of supply chain management. Supply Chain Management The term supply chain interchangeably used as ‘demand chain’ or ‘value chain’ refers to the voluntary commitments made by the companies to manage better relations with the suppliers (Metz, 1998). It manages in three different directions: t he information flow in all the departments, the funds flow and the materials flow to the concerned places. As the aim of this assignment is to identify and discuss some of the key issues faced by the companies in the development of a sustainable supply chain policy, it has been an observation that companies have realized that the value they provide to their customers in the form of a product or service is not enough to survive in this competitive world (Webb, pp. 1-5, 2000). There is a constant need to address and resolve the sustainability issues throughout the supply chain. â€Å"Some of the most popular and important approaches to SCM includes collaborative planning, outsourcing, customers-suppliers partnership and ISC (integrated supply chain) design† (OECD, 1999). In specific, there are three dimensions on the basis of which a sustainable supply chain policy is developed. Particularly, UN Agenda 21 (Moore, pp. 29-33, 2008) divided the dimensions in two categories: social and economic. However, this paper has identified environmental, social, and ethical concerns that directly affect the performance and image of the company. Environmental Issues: a) the use of natural resources b) gas emissions c) waste management concerns d) harmful substances e) energy consumption f) deforestation g) global warming h) ozone depletion i) Nuclear radiation. Social Issues: a) Role and responsibility of the company towards the social