Archive for January 18th, 2010

Good sourcing practices are good whether they are green or not.

Monday, January 18th, 2010

A Practical Guide to Green Sourcing was written by? John Christensen, Christopher Park, Earl Sun, Max Goralnick, and Jayanth Iyengar? of? Supply Chain Management Review and published on? November 1st 2008. It is absolutely loaded with great information a lot of which should be just common sense..

A quote from the article really says it all and is a theme you should already be familiar with if you read my posts regularly. It is as follows. ?Green sourcing can help in two important ways. It can help companies improve their financial results, allowing them meet their cost reduction goals while also boosting revenues. It can also contribute to a better public image and reputation with the company’s stakeholders.? In essence this one quote supports triple bottom line accountability or TBL. However if you replaced the word green at the beginning of the quote with the following it still works

1.?Efficient
2.?Well thought out
3.?Strategic
4.?A refocus on your
5.?Reviewing your

I?m sure you can add another dozen to this list easily. I hope you will read the entire article. It may be your company?s first step towards a more successful 2010.

We look forward to and appreciate your comments.