Supply Chain Sustainability at Gsk - 4373 Words

INTRODUCTION In our report, we will be discussing on one of the major driving force for the long-term profitability and competitiveness of a firm, i.e. Sustainable Supply Chain Management. This has become one of the most recognized strategic goals by the leading global organizations in the world. Sustainability in Supply Chain Management refers to the fact that organization should not only fulfill the wants and expectations of their stakeholders, but also avoid actions that reduce the ability of the interested parties, including the future generations to meet their needs. In order to elaborate, how a leading global organization takes Sustainable Supply Chain Management as a strategic goal, we have prepared our report on GSK’s†¦show more content†¦In a nutshell, a sustainable supply chain is one that includes measures of profit and loss as well as social and environmental dimensions. Such a conceptualization has been referred to as the triple bottom line—financial, social, and environmental performance (Elkington 1994, 1998; Kleindorfer, Singhal, and Wassenhove 2005). Therefore, for a company to pursue sustainability they cannot pursue financial or social initiatives in a vacuum. Instead, it is strongly recommended that supply chain managers link environmental, social, and financial goals within a broader strategy to ensure the business pursues sustainability rather than philanthropy. Business success can no longer be measured by only financial performance, as other aspects are critical to long-term success. Researchers such as M arkley and Davis (2007) discuss how businesses should not just be measured by traditional financial measures, but also by their social/ethical and environmental performance. These concepts revolve around the idea that companies managed and evaluated using the triple bottom line may have a better likelihood of long-term success. Most of the research done on Supply Chain Management looks at it from a`one-dimensional perspective, looking at it as one of the three pillars of sustainability: social, economic and environmental, also known as the Triple Bottom Line view. Geldermann et al. (2007b) argues that an appropriate innovation and technologyShow MoreRelatedTaking a Look at the Ribena Controversy1545 Words   |  6 Pagescheaper rival brands (Vasagar, 2007). The girls trigged a series of events that led to GSK pleading guilty of breaching the Fair Trading Act to the New Zealand Commerce Commission (Regester and Larkin et al., 2008). A year after, the intensity of the issue died down but Ribena’s â€Å"breach of trust† is still in the mind of Australasian consumers. Ribena sales dropped by 12%. By this time, Ribena and parent company GSK should have realized that their system have weak spots that needs to be analysed andRead MoreGlaxosmithkline18561 Words   |  75 PagesAmsterdam, October 200 4 Summary Business description GlaxoSmithKline (GSK) is one of the world’s largest research-based pharmaceutical corporations that discovers, develops, manufactures and markets branded human health products. Headquarters: UK, with additional operational headquarters in the USA Global presence: about 160 countries Primary markets: USA, France, Germany, UK, Italy and Japan Employees: approximately 103,000 GSK key figures for 2003 (in  £ million) Sales 21,441 Materials and productionRead MoreCase Study : Green Supply Chain Management1349 Words   |  6 PagesGreen Supply Chain management refers to the organizational innovations and policies in supply chain in view of sustainable environment. It involves multiple objectives of social, economic and environmental sustainability and integrating environmental thinking into SCM (supply chain management). In most cases, it is implemented to comply with new regulations and enhance the company’s brand image. Some Companies including GSK , Nike, Adobe are impl ementing this well into their supply chain. Adobe launchedRead MoreThe Potential Benefits Of Social Investments Essay1649 Words   |  7 Pagesaccess to medicine all around the globe. Perhaps what has made the company such a success for the past 120 years is the pursue of social ends at the very core of their mission. Following the integrative model of CSR with huge emphasis on long-term sustainability, Merck’s core values have been driven by the desire to improve life, expand access to products and operate with highest standards of integrity. Besides that, the company conducts annual CSR assessments to better understand their economic, environmentalRead MoreGsk Annual Report 2010135604 Words   |  543 PagesP58–P101 Financial statements P102–P191 Shareholder information P192–P212 Business review 2010 Performance overview Research and development Pipeline summary Products, competition and intellectual property Regulation Manufacturing and supply World market GSK sales performance Segment reviews Responsible business Financial review 2010 Financial position and resources Financial review 2009 Risk factors Governance and remuneration Our Board Our Corporate Executive Team Governance and policy DialogueRead MoreArisaig Investment Letter6815 Words   |  28 Pagescontinent’s fastest growing country, and in particular food and FMCG business Alicorp and our new holding, the recently listed retailer, InRetail. In our ESG section Rebecca Lewis describes early findings from her pioneering efforts to develop a Sustainability Profit and Loss account for each of our holdings. ï‚ · ï‚ · ï‚ · What we look for in our stocks ï‚ · Market leadership – dominant companies tend to do better; ï‚ · Scalability – large target markets; ï‚ · Strong â€Å"moats† – brands, distribution, innovation;Read More3m Pharma Health Care Market Analysis19832 Words   |  80 Pagesbehind its competitors * Changing value chains: the firm must respond to changing customer needs * Technology shifts: the firm s core is outdated because of new technology * Emerging markets: new markets are available to the firm because of rapid changes in technology and customer demand In case of catch-up building new skills and catching up rivals are key for companies (Baden-Fuller and Stopford, 1994 ). When there are changing value chain economics old critical core competencies becomeRead MoreJohnson and Johnson Analysis9749 Words   |  39 PagesJohnson’s patent expirations are another weakness. Johnson and Johnson for 2009 lost an estimate $3 billion in sales from just two patent expirations; RISPERDAL ® and TOPAMAX ® (JNJ 2009 Annual Report). Over the past several years have seen the surging supply of generic consumable products (i.e. retail brands) and prescription drugs. Compounding this increase in generic consumption is the current economic conditions and purposed healthcare plan for all Americans. Taking these conditions into considerationRead MoreShort Cases19708 Words   |  79 Pageswarehousing. Its MM21c short cases:MM21c-front matter 12/23/08 12:59 PM Page 6 6 MANAGING MARKETING IN THE 21ST CENTURY well-developed distribution network provided direct delivery to warehouses and stores of most major food chains. The smallest market segment comprised a limited number of institutions for children that purchased HFP products in bulk. HFP had grown rapidly as it developed different infant food products to meet increasing demand for greater product variety. ForRead MoreCase Study148348 Words   |  594 Pages6 text and on-line Chapters 7 , 8, 10 and on-line Week 9 Week 10 Week 11 Chapter 9 Chapter 11 text and on-line Table 4. Workshop topics Workshop 1 Analytical focus Business environment: PESTEL, Five-Forces Organisational resources: value chain, strategic capability Organisational context: stakeholders, corporate governance, culture Preparation Case Example Chapter 2. Global Forces and the European Brewing Industry Case Example Chapter 3. Dyson Case Example Chapter 5. RED 2 3 18  © Pearson

Economics vs Religion American Colonies - 1043 Words

Economics over Religion Throughout history there have been two leading factors that lead a colony to success. These two factors are religion and economics or money. Which factor is more important? In my opinion, economics is more important because the colonists had many issues getting necessities, and if they had enough money for all that, their problems would all basically be gone. Economic stability and the success of the mercantile system made the establishment of the colonies in North America possible. The Massachusetts Bay colony was established in 1691 by William and Mary. This colony was very successful on the principal of economics. At first this colony was supported by the wealthy immigrants, which wasn’t needed soon enough†¦show more content†¦Later the plant tobacco was grown all over Jamestown which was full of agricultural and fertile land. The colonists started mass producing tobacco and selling it Native Americans, England, and other nations of Europe. The colonists proved that setting their mind on economics instead of religion was the key factor in their success. Also in the colony of Maryland, there was a law passed known as the Maryland Toleration Act of 1649 which basically shunned Trinitarian Christians. Governor William Stone didn’t want to tolerate this and was exiled to Virginia. He returned as the leader of the Cavalier and marched into Maryland. He was defeated and captured; also being replaced as governor. This uprising was due to relig ion, and could have been avoided if religion wasn’t so important to many people. Another uprising occurred in 1689 when Protestants felt that Catholics were being preferred as leaders rather than Protestants. The Protestants rounded up an army of 700 Puritans and revolted against the government which lead an army by Colonel Darnell who was defeated. In defeat the Protestants took office, and many years later a law was passed outlawing Catholics to hold a political office. This revolting was due to religious reasons and had nothing to do with money, economics, or trading. This was all about the leader’s religion and what they chose to believe. Economics benefits much more in theShow MoreRelatedEssay On Jamestown Vs Plymouth705 Words   |  3 PagesJamestown vs Plymouth The essay discusses from the story â€Å"From the generall histroy of Virginia†, by John Smith, a histrorical narrative is about the landing and the discovery of Virginia in 1607 at a place called Jamestown, this was the first permanent english settlement in the new world, the americas. Also â€Å"From of Plymouth plantation†, by William Bradford, a historical account, is about when 13 years later about 100 settlers went on the big fancy ship called the Mayflower and landed in MassachusettsRead MoreAP US essay1815 Words   |  8 Pagesï » ¿Step 1: State Your Argument Based on your existing knowledge of American Indian–colonial relations in North America, write an argument to use as the basis of your research. The French experienced the best relationship with the natives as they were very cooperative with the Natives, peacefully tried to convert them and married Native women and integrated with them. The Spanish came behind the French as they integrated with them as well however they were much more violent in exploiting them for resourcesRead MoreEducation : The United States1654 Words   |  7 Pageseducation is free to every child in the United States, it is difficult for us modern Americans to imagine a world where public schools have not existed. Although, 150 years ago in many places throughout the country, not even elementary education was provided publicly; in fact, even by the turn of the 20th century, some young individuals still did not have entry to free public high schools. To our effort every American can get a free education and obtain a high school diploma, thanks to the efforts ofRead MoreVirginia s Key Physical Features1108 Words   |  5 PagesThose who lived there name d their land Jamestown, after King James I. Jamestown is located near the James River in Virginia. A Company of London sponsored the colony, which were a group of investors who hoped to profit from the trip sponsored them. They received their charter in 1601 from King James I., and wanted to convert the Native Americans to Anglican. They went on the Susan Constant, Godspeed and Discovery, which were boats, that carried 106 passengers. They left in December 1606 and arrivedRead MoreCutback of American Opportunity Over Time Essay1642 Words   |  7 Pagesbattle; to be the victor and make a mark, one must take advantage of everything available. Taking advantage of opportunity is a crucial quality for fulfillment in American life. For a prolonged period of time, America was better known as â€Å"The Land of Opportunity.† The U.S. was illustrious of its abundant educational, religious, as well as economic opportunities. Unfortunately, as waves of immigrants stumbled upon the land of sovereignty, the myriad of opportunities gradually became muted. Although notRead MoreA Study Of African History1384 Words   |  6 Pages Many people think slavery happened after a group of explores from Portuguese started ring the coast of West Africa, but little do they know African Americans were trading themselves way before then. Portuguese explorer Prince Henry, known as the navigator, was the first European to methodically explore Africa and the oceanic to the Indies.[1] Many Europeans thought that Africa s history was not important. They argued that Africans were inferior to Europeans and they used this to help justify slaveryRead MoreUnderstanding The Distributions Of Religions942 Words   |  4 Pagesunderstand the distributions of religions, beliefs must be separated first. Universalizing religions are religions trying to appeal to all people globally, not just to one culture or location. Ethnic religions appeal primarily to one group of people living in one place. Atheism is the belief that there is no God and Agnosticism is the belief that the fact that there is a God or no God cannot be proven. Christianity is a universalizing religion. It is the dominant religion in North America, South AmericaRead MoreEssay Freedom: America’s Biggest Lie1437 Words   |  6 Pagesfreely and innovate. While Americans cherish their fundamental right to freedom, the definition of freedom has seen drastic changes in American history and has been manipulated to deny freedom to various groups of people. Freedom is an American quality that changes according to the social conditions of the time period. From the birth of American freedom during colonial times, to the stripping of rights and enslavement of millions of African Americans, to the cry for economic freedom in the 20th centuryRead MoreCultural Acceptance in Marjane Satrapis Persepolis1616 Words   |  7 Pagesrevolution.  Throughout the novel Satrapi incorporates character development, religion, and the conflict of freedom vs. confinement in order to develop a greater appreciation between two opposing eastern and western cultur es. When analyzing the current relationship between eastern and western cultures, it seems as if tensions and conflict arise from a complex and layered set of problems. These issues range from political, economic and military stances to opposing cultural beliefs. The genesis of theseRead More The Same Sex Marriage Debate Essay1624 Words   |  7 Pagesarguments for each side of the issue. There are many different factors that must be looked at when considering same-sex marriage. A marriage is not something that is just slapped on a piece of paper to show a couples love; it involves legal, social, economic, and spiritual issues. Throughout this essay, I intend to focus on all of the issues just mentioned, and how all of these issues are interrelated in some way, shape or form. I will also pay attention to the state influence on marriage, how one

Indus Valley Civilization Free Essays

Identify and analyze the criteria necessary for a community of people to be characterized as a civilization by comparing and contrasting how well the societies of the Indus River Valley and the Huanghe (Shang Dynasty) River Valley meet the criteria. Use the Persian  charts to guide your comparative analysis of these similarities and differences. The term civilization refers to a complex human society, in which people live in groups of settled dwellings. We will write a custom essay sample on Indus Valley Civilization or any similar topic only for you Order Now Growth and decline of civilizations depended on several traits such as complex government, religion, and religious rituals, presence of writing and record keeping, advanced science and technology, advanced artistic and intellectual skills, city planning and monumental buildings, division of social classes, and specialization of labor. The Huanghe River Valley (China) could be characterized as a civilization. This early civilization had one monarch (Shang) that regulated irrigation. They praised the god like kings of early civilizations starting with P’anku. Haunghe River Valley formed an alphabet based on ideographic symbols. The use of writing allowed them to record part fact and part fiction knowledge of early kings. Artistically, the Chinese emphasized delicate designs. Shang ruled and constructed some impressive tombs and palaces. The Indus River Valley shared many characteristics of a civilization. This civilization had political ideas and religious views combined with Indo-European migrants. The Indus River Valley developed their own alphabet (Harappan), which was never deciphered. Indians pride became an important part of their main identity. Overall, the Huanghe and Indus River Valley had qualities that could characterize them as civilizations. Even though there were differences, it was still considered a complex human society in which people lived in groups of settled dwellings. How to cite Indus Valley Civilization, Essay examples

Marketing & CSR Activities of Coca Cola-Free-Samples-Myassignment

Questions: 1.Discuss about the Marketing and Corporate social responsibility. 2.Discuss about the CSR activities of Coca cola and assessment of the CSR initiatives against the CSR model. 3.Prove some recommendation for improvement of CSR activities. Answers: Introduction Marketing is an overall process which has the purpose of brand development and improvement in sales. Marketing brings brand at the frontage in competition. Corporate social responsibility is another social initiative taken by companies to develop society and its economic condition. This present write up has focused on case study of Coca Colas CSR activities. 1.Marketing and corporate social responsibility Marketing is not a single activity of a company but a cumulative action that combines many initiatives and efforts for promoting products image. The overall purpose of marketing is profit maximisation and this needs a coordinated performance and most importantly, these elements constitute a good marketing strategy (Baker, 2014).Corporate social responsibility is an organisational initiative to acknowledge responsibility of operation with regard to environment and society (Tai Chuang, 2014). This intends to benefit society, environment and stakeholders by sustainable development. The definition of CSR offers an understanding of the purpose of CSR and this refers to driving a change for sustainable development for the benefit of society, environment and stakeholders along with the end product users or the customers. 2.CSR activities of Coca cola and assessment of the CSR initiatives against the CSR model Coca cola undertakes the approach of social investment which gets its effect through five stages in value chain, some of which are recognition for important success in sustainability, improvement in the selling capacity of products for the duration for the CSR programmes and even beyond that. Sustainability efforts are major priorities for the company. Coca-cola Africa foundation has entered into a partnership with Amref health Africa for starting a benefit in promoting accessibility to safe water and sanitation arrangement in the continent. The company works for empowerment of women entrepreneurship (Carroll, 2015). In Turkey, the company has a project named Green Economy village related to new world programme launched by the local clean energy foundation. The CSR initiatives of the company are aligned with the CSR model that puts emphasis on PEOPLE, PARTNERS, PORTFOLIO, PROFIT, and PLANET. The company believes on people and collaboration with large product lines aimed at profit max imisation in long run with focus on sustainability development. 3.Recommendation for improvement of CSR activities Coca cola must have thorough understanding of norms which constitute standardised international human rights guidelines. It would be beneficial for them to take initiative for implementing the standards. In each nation the company needs to have collaboration with governments, NGOs, unions, local industry for development of accepted norms (Carroll, 2015). In efforts of improving working conditions, quality of life and economic feasibility the human rights standards can be of great help. Global water supply needs more improvement from the organisational perspective. The company needs to break down the time duration of projects as per urgency with options of long term, short term and medium term project (Tai Chuang, 2014). The sustainability aspects of CSR also need continual attention and efforts for persistent improvement and satisfaction of community and customers along with other associates. If CSR leadership can be achieved by the firm, then development of moral cycle becomes poss ible resulting into the improvement of brand image and brand equity in long run (Armstrong et al, 2015). Conclusion CSR initiatives of Coca cola can be more fulfilling from the societal basis if more alignment on social improvement and global human rights implementation can be ensured. The company has an elevated level of brand image which can offer a steady growth of sales. If marketing is a means for creating sales then, CSR ensures the long term consistency in brand promotion. References Tai, F. M., Chuang, S. H. (2014). Corporate social responsibility. Ibusiness, 6(03), 117. Carroll, A. B. (2015). Corporate social responsibility. Organizational dynamics, 44(2), 87-96. Baker, M. J. (2014). Marketing strategy and management. Palgrave Macmillan. Armstrong, G., Kotler, P., Harker, M., Brennan, R. (2015). Marketing: an introduction. Pearson Education.