Not long ago when business people used the word "green" they were talking about money. Now Green--in and outside of business--refers to a consumer trend towards environmentally friendly practices. But many businesses are making the case that it doesn't have to be just one or the other--Green can conserve both the environment and your budget.
Just ask IBM, Herman Miller and GlaxoSmithKline. At IBM, sustainable sourcing and supply chain efficiency go hand in hand. Herman Miller uses Green concepts to optimize the lifecycle of their products. And at GlaxoSmithKline, purchasing works with the company's research and development staff to find ways to save energy, water and cut down on emissions. Though their definitions of Green and their approaches to environmentally friendly purchasing may differ, each company follows the three Rs--reduce, reuse, recycle--and each works to find the best way to promote Green throughout their respective supply chains.
Source: Purchasing, http://www.purchasing.com