What is a Green Supply Chain Strategy?
A green supply chain strategy is a plan designed to reduce the environmental impact of a business' supply chain practices. It includes goals and implementation tactics related to sourcing, transportation, and packaging that are aligned with sustainable objectives. By implementing a green supply chain strategy, businesses can demonstrate their commitment to responsible environmental practices and reduce their carbon footprint.
What's included in this Green Supply Chain Strategy template?
- 3 focus areas
- 6 objectives
- 6 projects
- 6 KPIs
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
Who is the Green Supply Chain Strategy template for?
This green supply chain strategy template is designed to help businesses create a plan to reduce their environmental impact. It outlines clear objectives and measurable targets that can be used to evaluate the success of the strategy. The template provides a roadmap for businesses looking to make their supply chain practices more sustainable.
1. Define clear examples of your focus areas
The green supply chain strategy template includes three focus areas: sustainable sourcing, transportation, and packaging. Each focus area contains objectives and tactics that are designed to reduce the environmental impact of supply chain practices. Businesses should identify the specific focus areas they want to address and define the objectives and tactics they plan to implement.
2. Think about the objectives that could fall under that focus area
Objectives are the goals that businesses should aim to achieve within each focus area. These objectives should be measurable, relevant to the focus area, and aligned with sustainable practices. Examples of objectives include reducing environmental impact, increasing use of renewable resources, and optimizing transportation networks.
3. Set measurable targets (KPIs) to tackle the objective
KPIs (key performance indicators) are the measurable targets that businesses should set to evaluate the success of their objectives. KPIs should be specific, measurable, achievable, relevant, and time-bound. Examples of KPIs include decreasing carbon emissions from sourcing practices, increasing renewable resource usage, and decreasing total miles traveled.
4. Implement related projects to achieve the KPIs
Projects, or actions, are the implementation tactics that businesses should use to achieve their KPIs. Projects should be specific, achievable, relevant, and time-bound. Examples of projects include implementing sustainable sourcing practices, incorporating renewable resources into sourcing practices, and optimizing the transportation network.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Cascade Strategy Execution Platform is a software that helps businesses plan, track, and report on their strategies. It allows businesses to quickly and easily implement their strategies and measure their progress toward their goals. With Cascade Strategy Execution Platform, businesses can achieve their sustainability goals faster and more efficiently.