International Journal of Research in IT and Management
  • Year: 2015
  • Volume: 5
  • Issue: 7

IT applications improving green supply chain efficiency of businesses and industries

  • Author:
  • A. G. Matani1, M.S. Tripathi2, S. K. Doifode3, S. D. Gowardhan4
  • Total Page Count: 4
  • Page Number: 37 to 40

1Associate Professor, Mechanical Engg, Government College of Engineering, Amravati-444 604, [M.S.], India

2M. S. Tripathi-Workshop Superintendent, Government Polytechnic, Amravati, 444 603, [M.S.], India

3Associate Professor-Chemistry, Government College of Engineering, Amravati-444 604, [M.S.], India

4Assistant Professor-Applied Mechanics, Government College of Engineering, Amravati-444 604, [M.S.]

Online published on 21 May, 2016.

Abstract

Manufacturers today face three significant organization-related challenges: maximizing profits, conserving cash flow and creating shareholder value. According to consulting firm TMG-IMC, North America, process of EBITDA (earnings before interest, taxes, depreciation and amortization) optimization is an effective strategy for achieving environmental sustainability.

Citing statistics that show a company's supply chain performance and production performance have a 56% impact on cost of goods sold (COGS) and a 35% impact on sales, general and administration (SG&A) expenses. This paper highlights latest developments in implementing IT applications in supply chain management practices towards making green supply chain management more effective and environmental friendly in various industries.

Keywords

Reducing carbon, greater efficiency, carbon footprint, optimal supply chain organizational, monitors the contracts