From the course: Supply Chain and Operations Management Tips
Become a sustainability champion
From the course: Supply Chain and Operations Management Tips
Become a sustainability champion
- Baseball legend Mickey Mantle once said, "If I knew I was going to live this long, "I'd have taken better care of myself." And that's pretty good way to think about the importance of environmental sustainability because the whole point of sustainability is to ensure that we can continue living on Earth for a long, long time. In this video, we'll look at how you can make your supply chain more sustainable using some basic operations management techniques. To start with, let's look at the resources that we use. Manufacturers consume raw materials and convert them into finished products, so every manufacturing supply chain stretches back to mines, and forests, and farms, and oceans. And every company consumes energy to run machines, generate heat, keep offices cool, and power computers. Both the energy and the raw materials that we use can come from two different kinds of sources. Renewable sources or nonrenewable sources. Renewable energy comes from sources like solar power, hydroelectric, geothermal, biomass, or wind power. Nonrenewable energy comes from materials that are extracted from the earth, coal, petroleum, and natural gas. These fuels are nonrenewable because once they've been used up, they're gone forever. Renewable materials come from animals, plants, trees, and microorganisms. You can renew these materials relatively quickly by growing more. Most nonrenewable materials are mined from the ground, but some are extracted from the water or the air. There are two main ways that companies measure their environmental sustainability. The first approach is to measure their consumption, how much energy and materials they consume. For example, many facilities track their monthly usage of water and electricity. The second way that companies measure sustainability is by how much waste they produce. For instance, you've probably seen reports about the amount of carbon dioxide that companies emit into the atmosphere. Those metrics for consumption and emission are things that every supply chain operations manager should be watching because they're really just the inputs and the outputs for a process. So here's a three step approach that you can use to find ways to improve the environmental sustainability of your own supply chain. First, reduce waste. Use tools like Lean, Six Sigma, and Theory of Constraints to ensure that your operations are running as efficiently as possible. If you can't eliminate waste completely, then try to recycle the waste that's left over from your processes. Second, reduce consumption. Look for ways to provide your customers with the products and services they need, while using less materials. Designing products so that you can repair, reuse, and remanufacture them can significantly reduce the amount of raw materials needed to support your supply chain. And third, switch to renewable sources of energy and materials. Consuming renewable resources ensures that your business can continue for a long time. We've all got to share this one planet. The decisions that you make about operations, logistics, and supply chain management, can have a big impact on the condition of that planet, and the quality of life for all of us. And the great news is that becoming a sustainability champion can actually help you drive efficiency improvements throughout your entire supply chain.
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Contents
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Welcome to the course2m 32s
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Focus on supply chain management4m
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Adopt strategic sourcing3m 59s
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Avoid inventory stockouts3m 12s
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Become a sustainability champion4m 10s
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Connect distribution center processes3m 41s
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Drive continuous process improvement4m 19s
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Embrace omni-channel fulfillment3m 46s
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Analyze your supply chain risks3m 32s
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Prepare your business continuity plan3m 11s
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Strengthen supply chain cybersecurity4m 11s
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Track and trace your products3m 58s
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Improve your sales forecast3m 29s
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Use sales and operations planning (S&OP)3m 32s
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Invest in innovation3m 23s
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Lead cross-functional projects2m 55s
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Calculate payback period and NPV3m 29s
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Manage transportation decisions3m 41s
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Analyze the impact of lead times2m 44s
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Develop operations management skills4m 24s
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Tips to reduce waste in your operations4m 9s
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Calculate return on investment3m 38s
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Prevent counterfeiting3m 54s
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Manage employee turnover3m 55s
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Pick the right production strategy3m 25s
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Adopt strategic workforce planning3m 17s
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Optimize your inventory3m 33s
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Manage payment terms and cash flow2m 47s
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Learn about MRP and ERP planning systems3m 30s
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Use big data for operations management2m 54s
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Optimize your perishable inventory3m 22s
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Track your inventory turns2m 34s
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Manage change and transitions3m
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Blockchain for supply chain3m 7s
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Choose meaningful metrics and KPIs3m 25s
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Build flexibility into your supply chain2m 45s
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Automate your supply chain3m 9s
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Optimize your lot sizes3m 1s
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Manage customer returns3m 19s
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Build a career in supply chain operations management2m 51s
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Ten industries for supply chain operations managers2m 49s
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Recruit top talent successfully2m 52s
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Solve problems as a team2m 15s
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Beware of the bullwhip effect2m 55s
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Make your professional development plan2m 56s
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Adopt formal purchasing ethics3m 21s
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Learn about supplier relationship management (SRM)3m 2s
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Use analytics for supply chain3m 32s
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Learn about customer relationship management (CRM)2m 50s
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Learn about warehouse management systems (WMSs)3m 9s
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Learn about transportation management systems (TMSs)2m 49s
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