I need a positive or negative rebuttal
1st post
Sustainability and Green Management (triple bottom line) decisions in Operations.
Three components of the Triple Bottom Line (TBL) are people and community (social responsibility), planet (environmental sustainability) and profit (the bottom line). These three components are holding true today even with the current situation the world is dealing with the mass interruption of worldwide logistical efforts due to COVID 19. Bottom-line, profits have taking a back seat to social and environmental sustainability as the world is more focused on the survival of community versus the overall profit of a business. This goes to show you that money is not just the root of all evil but also the thing that hinders creative thinking. The world has shown that putting the community above greed can bring nations together and provide a footprint for change. The world is coming together creating a better way of living that will keep operations from folding by solving logistical hindrances that have kept businesses from achieving substantial profits. Today, the focus is preventing another outbreak but we must not take our eyes off the bigger picture of future sustainability. Following the directions of discussion, I found that companies have not forgot this even though is seem to be out-of-site. Researching the article sited below, I found that Rolls-Royce has set an ambitious goal of reaching net zero carbon footprint in their production operations by 2050. Not losing focus on what is beyond this pandemic is vital to the survival of our future generations. I totally believe that we need to be diligent on finding ways to let our children’s children sustain a world that includes all three components of TBL. Rolls-Royce has set an example by producing clear road maps to create pathways to achieve aviation, shipping, rail, and power generation net zero carbon emissions by their goal date.
Wilson, G. (2020, June 8). Rolls-Royce 2050: net zero carbon in production operations: Article: Manufacturing Global. Retrieved June 8, 2020, from https://www.manufacturingglobal.com/leadership/rolls-royce-2050-net-zero-carbon-production-operations
2 post
The article that I picked this week is called The Long and Short of Supply Chain Risk. This topic deals with the, differences between manufacturing and service operations. Discussed throughout the article is there decisions on whether they should order in bulk or order on supply and demand. The major difference between the two is tangibility of their output. Service firms have various amounts of intangible services such as training, consultancy, and even maintenance. Service firms also do not hold inventory, they produce when the customer ask for it. Manufacturing holds the stock on hand because they produce in bulk. Also, there is this key statement that really brought everything together for me in the article,” reduced risk in long, complex supply chains when demand is steady and demand forecasts are historically accurate. On the other hand, there is significant risk when suppliers need to support markets where demand is seasonal, variable and/or forecasts historically contain excessive error. It just makes you see why business have to make the decision to be a manufacturing or service operation.
(n.d.). Retrieved June 10, 2020, from https://www.industryweek.com/supply-chain/supply-chain-initiative/article/21131705/the-long-and-short-of-supply-chain-risk (Links to an external site.)
Operations and Supply Chain Management: The Core: Jacobs ... (n.d.). Retrieved June 10, 2020, from https://www.amazon.com/Operations-Supply-Chain-Management-Core/dp/1260238881