A Study on Green Supply Chain Management (GSCM)

Abstract

In order to integrate the concern related to environment and supply chain management Green Supply Chain Management (GSCM) has emerged as an environmental innovation. Recently, it has gained popularity amongst practitioners and the academicians. It is also defined as the process of using environmentally friendly inputs and transforming the same into outputs that can be re-used at the end of its life cycle. It is treated as one of the most recent innovation for the improvement in the supply chain management competencies. The major activities under GSCM includes green design, green manufacturing, packaging, waste management and reversal of the logistics. GSCM has emerged as one of the key approaches for the organization whose prime focus is to become an environmentally sustainable enterprise. It is expected that in order to reduce the environmental impact of the various products and services, the organization will implement the strategies relating to it. Organizations have increased the awareness regarding environment due to the competitive, regulatory and marketing pressure.