Study

SCM- Midterm

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  • It is when when your purchasing staff works with vendors to agree on pricing and terms for buying supplies or services
    Procurement Negotiation
  • As a measure of the company’s environmental commitment and performance
    Planet
  • used to resolve long-running, deep-rooted conflicts that can be rarely handled without the involvement of a third-party facilitator. an alternative option when negotiation has failed.
    Mediation
  • An analysis of opportunities to reduce or mitigate the environmental impact throughout the whole life cycle of a product, process, or activity. This analysis may include both quantitative and qualitative measures of improvement.
    Life Cycle Impact Assessment
  • a process by which the disputing parties submit their case to the impartial third-party intermediary (or panel) for their dispute settlement, which is usually binding. In binding arbitration, the losing party must comply with the term
    Arbitration
  • Include employment discrimination, wages, unemployment compensation, pensions, workplace safety and health, child labor, and workers’ compensation
    Employment Law
  • the body of law that deals with protecting the rights of those who create original work.The main purpose of to encourage new technologies, artistic expression, and inventions, while promoting economic growth. it is
    Intellectual Property Law
  • the corrupted act of offering, giving, receiving, or soliciting something of value for the purpose of unduly influencing the action of an official in the discharge of his or her public or legal duties (Garner, 2006)
    Bribery
  • apply to both businesses and individuals. The motivation behind this type of law is that monopolies can stagnate the markets and prevent others from engaging in fair competition.
    Antitrust Law
  • It is built upon the idea that a sustainable corporation is one that creates profit for its shareholders while protecting the environment and improving the lives of those (e.g., suppliers, workers, customers) with
    Triple Bottom Line
  • As a financial performance measure
    Profit
  • the last resort for contract disputes because it is time consuming and expensive, and its outcome is uncertain—and more importantly, it often alienates good business partners due to the adversarial nature of the process.
    Litigation
  • any act, deed, or statement made by either a buyer or a supplier before the business contract is signed or completed that intends to deceive the other party through the perversion of truth and/or the false representation of facts
    Fraud
  • ISO 14031
    Evaluation of Environmental Performance
  • • Ensure support from both internal and external stakeholders. • Determine the scope of the audit. • Develop performance metrics and benchmarks.  • Establish clear policy guidelines. • Select and authorize an audit tea
    Pre Audit
  • Although arbitration is not as formal as court adjudication, it creates adversarial contests that typically lead to “win-lose” outcome
    Arbitration
  • Sherman Anti-trust Act, Consumer Protection
    Antitrust Law
  • • Summarize and document findings. • Make an action plan based on results for going forward. • Report any improvement plans to relevant internal and external stakeholders. • Make new plans for repeating the audit process in the future.
    Post-Audit
  • An evaluative process of assessing the effects of the environmental findings identified in the inventory component. should address both ecological and human health impacts, as well as social, cultural, and economic impacts.
    Life Cycle Improvement Analysis
  • ►It also can be used to enhance the environmental friendliness of a single product (eco-design) or to improve the overall environmental performance and public image of an organization
    Life Cycle Assessment
  • Refers to the three different pillars of the corporate bottom line (Economist, 2009).
    Profit, People, Planet
  • the process through which two or more parties deliberate over the contents of a contract to reach a legally binding agreement.
    Contract Negotiation
  • ►defined as the incorporation of environment friendly initiatives into every aspect of supply chain activities
    Green Supply Chain Management (GSCM)
  • (Equal Employment Opportunity, Fair Labor Standard Act, Child Labor Protection, Unemployment Compensation)
    Employment Law
  • Clean Water Act, Resource Conservation and Recovery Act, Energy Policy Act
    Environmental Law
  • a situation where a person in a position of trust has a private or personal interest that clashes with his or her official obligations/responsibilities
    Conflicts of Interest
  • statutes, treaties, and regulations intended to protect natural environments (e.g., wildlife, forest, mineral deposits, land and scenic beauty), prevent pollution, save endangered species, conserve water and energy, and mitigate the
    Environmental Law
  • Review the level of compliance with environmental policies and procedures. • Check the current status and conditions of environmental activities for progress. • Perform appropriate tests. • Interview parties responsible for green suppl
    Audit
  • Its example are bait and switch, confidence trick, false advertising and Identity theft
    Fraud
  • ISO 14010, 14011, 14012
    Environmental Auditing
  • An objective, data-based process of quantifying energy and raw material requirements, air emissions, waterborne effluents, solid waste, and other environmental releases incurred throughout the life cycle of a product, process, or acti
    Life Cycle Inventory
  • ISO 14040, 14041, 14042, 14043
    Life Cycle Assessment
  • As a measure of the company’s dedication to socially and ethically responsible business practices
    People
  • is the large body of statues, judicial decisions, and regulations administrated by the Department of Labor that encompass all areas of the employer/employee relationship.
    Employment Law
  • useful for preventing pollution and assessing the long-term impact of green product design by helping its users develop environmental profiles of proposed environmental initiatives and green product/service design
    Life Cycle Assessment
  • ►The main goal of _____ is to compare the environmental performance of products and services throughout their life cycle and be able to choose the least burdensome one
    Life Cycle Assessment
  • copyright, trade rights, patents, industrial design rights, trade secrets
    Intellectual Property Law
  • a series of voluntary environmental management standards developed by the International Organization for Standardization (ISO) that help the organization minimize the negative environmental impacts of its business activities by reduci
    ISO 14000
  • ISO (14001, 14002, 14004)
    Environmental Management Systems
  • ISO 14020, 14021, 14022, 14023, 14024, 14025
    Environmental Labeling
  • is difficult to prove and settle because neither the shipper nor the carrier will take the blame unless the consignee can establish the fact that products were properly packed in a container, yet damaged during transit.
    Concealed Damage
  • environmental guidelines/policy, compliance with environmental regulations (e.g., EPA rules) and standards (e.g., ISO 14000), supplier certification and selection based on its commitment to sustainability, use of renewable energy.
    Green Supply Chain Management (GSCM)
  • a technique to assess the environmental aspects and the full range of potential environmental impacts associated with a product, process, or service
    Life Cycle Assessment (LCA)
  • Its overall goal is to help the organization safeguard the environment and minimize risks to human health.
    Environmental Audit
  • covers the topics of agency, contract, bailments, labor relations, carriers, sales, product liability, partnerships, corporations, unfair competition, secured transactions, property, commercial paper, consumer credits, insurance, and
    Commercial/Business Law
  • occurs when buyers exert pressure on their suppliers to buy products or services from them.potentially illegal to force the trading partners to exchange favors.
    Reciprocity
  • a nondisclosure agreement between two parties that restricts the access of others to certain private information
    Confodentiality
  • privacy law, corporate law, law of agency, contract law
    Commercial/Business Law
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