Supply Chain Case Studies

The video discusses how companies can improve their supply chains for efficiency, social justice, and environmental benefits. It highlights HP's innovative approach, London's procurement strategy, VF Corp's chemical process improvements, and IKEA's sustainable cotton initiative. The video emphasizes the importance of collaboration, best practices, and environmental assessments in achieving these goals.

What is one of the main benefits of improving supply chain efficiency?

• Reduced product quality

• Cost savings for businesses

• Higher employee turnover

• Increased product prices

How did HP encourage its suppliers to improve their practices?

• By imposing strict cost-cutting measures

• By limiting communication with suppliers

• By sharing best practices and fostering collaboration

• By reducing supplier payments

What was a key goal of the City of London's procurement strategy?

• To improve air quality

• To increase the city's population

• To expand urban development

• To reduce public transportation

What process did VF Corp use to address chemical safety in their supply chain?

• Global CHEM IQ process

• International Safety Protocol

• Chemical Reduction Initiative

• Environmental Safety Program

What is one environmental benefit of IKEA's sustainable cotton farming?

• Lower cotton yields

• Reduced chemical fertilizer usage

• Increased pesticide use

• Higher water consumption

What is a general strategy for improving supply chain sustainability?

• Expanding factory locations

• Bulk ordering packaging

• Reducing supplier communication

• Increasing air transportation

How can being close to suppliers benefit a business?

• Reduces product quality

• Increases transportation costs

• Delays product delivery

• Improves efficiency and saves money