Supply Chain Management Essay Example | Topics and Well Written Essays - 1000 words - 3

Supply Chain Management - Essay Example This study focuses on various aspects of Supply Chain Management and appropriate strategies to incorporate green and ethical and supply chain. But in this entire process the major questions one need to focus upon is that while implementing ethical and environmental practices , does the price on the clothing and the choices one can offer effect on pricing of the be affected or not. Supply Chain Management Supply Chain Management is the process to effectively supervise, control and administer the practice of extending goods and services to ultimate consumers. The objective and purpose of incorporating an ethical supply chain is to maintain a responsible logistic system whereby products and services are proliferated in the most ethical manner (Cousins, Lamming, Lawson, and Squire, 2008). The issues and concern of ethical supply management comprise of broad goals of ‘product supply’ along with the ‘means for the same’ that is the management tasks and activities. ... Introducing Green Supply Chain Management (Source: Penfield P, 2007) But the overall impact is that incorporation of ethical policies would in turn aor up the prices of goods as the ultimate cost burden of implementing advanced technology and achieving ethical standards will be passed on to the customers in form of increased pricing, hence it is difficult to make cheap gooods available at lowest pricing. The make-buy decision Sourcing of products from other countries has become major cause of concern for supermarkets as they enhance and aggravate chances of pollution. Supermarkets established in Great Britain have become a part of Ethical Trading Initiative so that their dedication and commitment towards sourcing of products can be socially acclaimed. Hence, the question has become critical whether products should be manufactured internally or sourced from other nations. It is clear that if supermarket is really concerned about incorporating ethical sourcing then it would certainly h ave to bear high costs. What needs to be done by Co-op supermarket is to apply a Green Sustainable Supply Chain within the domestic range of the organization that can provide abundant opportunities for the firm to reduce cost and create wider choice for its customers (Harrison, A & Van Hoek, 2008). However, if the organiation decides to manufacture goods locally rather than outsourcing them providing a large variety of goods to the customers would become a matter of concern, hence From a sustainable viewpoint, the supermarket can: Try to design and produce goods locally to the maximum extent possible Designing of smart packages that save cost to the company Whether make or buy, continuous environmental audits must be performed to compare and

Means of Dispute Settlement Assignment Example | Topics and Well Written Essays - 500 words

Means of Dispute Settlement - Assignment Example It is highly advocated since it saves the expensive court fees and reduces the backlog of the court cases. Under the Arbitration Act, the judgment is valid and binding (Twomey and Jennings 26). In mediation, the mediator has no power to make judgment therefore acting neutral and as a messenger, in presentation of the offer made. However, the mediator might influence the plaintiff’s decisions by making statements or views that may affect the plaintiff’s choice. Mediation is an efficient process especially where none of the parties have any intention of lessening their attitudes towards each other (Twomey and Jennings 26). The reference to a third person is almost the same as mediation, though in this case the third party has implied powers to make a decision regarding the dispute in question. Since the third party is independent and neutral, the decision reached herein is enforceable and cannot be appealed further. The damages sought are fixed according to the judgment of the mediator (Twomey and Jennings 26). Basically, medarb is an alternative dispute resolution method which almost resembles the arbitration method. However in medarb, the arbitrator who was hearing the facts from both sides of the aggrieved parties; also acts as the mediator in that, he presents the offer made by the defendant so as the plaintiff can make a decision (Twomey and Jennings 26). In rent a judge, the parties involved voluntarily hire a judicial judge to hear their case. The hired judge acts as referee and hears the case as in the normal trial. After hearing of the case, the judge makes a decision which will be enforceable between the two parties. Unless, if stated in the contract clause; the judgment can be reversed through an appeal (Twomey and Jennings 27). If both parties belong to an association, the dispute is normally resolved by a tribunal formed by the associations. The tribunal is