As the demand for sustainable business practices intensifies, companies are increasingly focusing on Green Supply Chain Management (GSCM) to drive both environmental responsibility and profitability. By reducing resource consumption, waste, and emissions, GSCM supports a more sustainable future while strengthening a company’s competitive edge. Recognizing its growing importance, Frost & Sullivan hosted a Growth Webinar titled, ‘Best Practices in Global Manufacturing: Implementation of Green Supply Chain Management Practices.’ The session explored how businesses are adapting to regulatory pressures, leveraging eco-friendly strategies, and integrating sustainability for long-term success.
Featured panellists:
- Vivekananda Bhat, Growth Expert and Associate Director at Frost & Sullivan
- Manoj Kumar, Assistant Vice President (Head of Materials & Logistics) at Hindalco Industries Limited
- Soumick Gupta, Health Safety Environment Lead – India Business Unit at Mondelez India Foods Private Limited
Note: Gain valuable perspectives from these industry experts by clicking here to access the recorded session of the webinar.
Key Takeaways from the Discussion:
- Integrating Sustainability into Supplier Selection: Companies must embed environmental, social, and governance (ESG) criteria into their supplier selection process, ensuring that suppliers are not only capable in terms of capacity and financial stability but also committed to responsible sourcing, environmental stewardship, and human rights.
- Collaboration for Continuous Improvement: Rather than simply monitoring suppliers, organizations should actively engage in a partnership with them. This includes hand-holding smaller or medium-sized suppliers who may not have structured sustainability practices, helping them improve their sustainability performance while ensuring mutual long-term success.
- Optimizing Logistics for Sustainability and Cost Efficiency: Leveraging strategic logistics decisions, including multimodal transport, vendor co-location, and low-emission vehicles, is driving cost efficiency and reducing carbon emissions. Optimizing transportation networks and ensuring quick vehicle turnaround times are addressing logistical challenges while promoting sustainability.
Driving Green Manufacturing Through Renewable Energy: Transitioning to renewable energy sources like wind, solar, and biomass, alongside adopting green manufacturing practices such as natural gas conversion and electric vehicles, is crucial for reducing carbon footprints, achieving sustainability targets, and advancing corporate social responsibility goals.
What best practices are you implementing to drive growth while aligning logistics and manufacturing with sustainability?
“Sustainability is a partnership, and working together with our suppliers helps ensure that we create a long-term, responsible, and secure supply chain.”
– Soumick Gupta
Assistant Vice President (Head of Materials & Logistics)
Hindalco Industries Limited
“You must win through superior logistics, questioning the status quo, and always asking, ‘What next?’ This mindset helps us explore new ways to reduce costs and increase efficiency.”
Manoj Kumar
Health Safety Environment Lead – India Business Unit
Mondelez India Foods Private Limited
Incorporating sustainability into supplier selection, fostering collaboration for continuous improvement, optimizing logistics, and transitioning to green manufacturing are key strategies driving both growth and environmental responsibility. These efforts are essential for aligning business practices with emerging sustainability goals and future trends.
