MGCR 423 Lecture Notes - Lecture 4: Contract Manufacturer, Extreme Weather, Categorical Imperative
Document Summary
3 questions to ask for every component of the value chain: Is there a potential for new partnerships: supply chain management. Climate change events make the availability of raw materials increasingly unpredictable, resulting in price volatility, product shortages and lost sales. Raw materials: choose raw materials that are eco-friendly. Resource use: reuse and manage wasted resources. Monitor supplier conduct and give out explicit code of conducts that lead the way to the intended behavior. Co(cid:374)sider (cid:374)ot just dire(cid:272)t suppliers (cid:271)ut suppliers" suppliers as well. Wasted energy and materials drive up costs and heighten the risks of regulatory action and consumer backlash. And without reliable backups for every aspect of p, you stand to incur product shortages and lost sales in the event of climate-related disruptions. To mitigate that, apply the measures below equally to company-owned and contract facilities: Facilities: share your facilities and control them. Resources and emissions: monitor and control emissions in your facility.
