You are so right when you write that “companiesreap significant benefits by managing and… 1 answer below »

Answer one paragraph for each question and make sure no plagiarism

Q1- You are so right when you write that "companiesreap significant benefits by managing and improving their social, economic and environmental performances throughout their supply chains".During the distribution phase of supply chain, a company must ensure that the distributor does not charge exorbitant premiums so that the customer ultimately gets charged a fair price. The company must also strive to reduce cost and enhance its outreach to result in better profitability and increased shareholder profit. The company must also comply with the legal and administrative regulations of the country where it operates and work for the betterment of its eco-system and infrastructure (Scheidal, Temper, Demaria & Martinez-Alier, 2018). Share your thoughts with us.

Reference

Scheidel, A., Temper, L., Demaria, F., & Martínez-Alier, J. (2018). Ecological distribution conflicts as forces for sustainability: an overview and conceptual framework.Sustainability Science, 1-14.

Q2-What must all companies do, and what must specific industries do to ensure a sustainable supply chain?

Q3-Examine the ways companies can improve the sustainability performance of their supply chains