Supply Chain the Importance of Thesis

Open, View, and/or
Download this Document

Total Length: 638 words ( 2 double-spaced pages)

Total Sources: 1+

Page 1 of 2

" (Mathes, cited in Reese, 2007)

In its supply chain risk management efforts, Dow Chemical has found opportunities to cut inventory by $160,000 reduce the cost of transporting a particular material by millions a year, improve response time to identify and resolve in-transit problems by 50%, decrease safety stock inventory by 20%, reduce the company container fleet by 20% and improve delivery time windows by 90% (Reese, 2007).

Dow has also responded to customer demand to address challenges such as climate change and to become more socially responsible in its supply chain network (Forging a green chemical supply chain involves deep scrutiny and collaboration, 2009). As this source explains, this company has been an innovator in sustainability. It has maximized equipment loading and increased the use of product exchanges and swaps to help lower mileage and reduce the company's carbon footprint.

Stuck Writing Your "Supply Chain the Importance Of" Thesis?

View All Our Example Supply Chain the Importance of Thesis

Have A Custom Example Essay Written

Dow is currently working on apply its RFID and GPS technologies to further optimize energy usage and resource conservation. To prove its commitment to its customers, it has a Global Reporting Initiative which provides comprehensive data on its sustainability performance. As is the case with risk management Dow has found its environmental sustainability focus to be quite profitable as well. For instance, it has saved millions of dollars in energy costs after customizing its transportation channel networks.

To meet its strategic objectives, financial performance isn't necessarily the direct objective of Dow Chemical's supply chain initiatives. Still, the company stands out in the crowd because it has proven that managing risk and supporting a green supply chain not only makes it a good corporate citizen, but also an even more profitable entity......

Show More ⇣

     Open the full completed essay and source list


OR

     Order a one-of-a-kind custom essay on this topic


sample essay writing service

Cite This Resource:

Latest APA Format (6th edition)

Copy Reference
"Supply Chain The Importance Of" (2009, September 06) Retrieved May 14, 2025, from
https://www.aceyourpaper.com/essays/supply-chain-importance-19608

Latest MLA Format (8th edition)

Copy Reference
"Supply Chain The Importance Of" 06 September 2009. Web.14 May. 2025. <
https://www.aceyourpaper.com/essays/supply-chain-importance-19608>

Latest Chicago Format (16th edition)

Copy Reference
"Supply Chain The Importance Of", 06 September 2009, Accessed.14 May. 2025,
https://www.aceyourpaper.com/essays/supply-chain-importance-19608
   

Open, View, and/or
Download this Document
order custom essay example