Develop long-range plans to meet those goals with suppliers; and implement the plans throughout the firm and its supply chain.

Course Objectives:CLO 7: Develop problem-solving skills and understand sourcing and global logistics ideasPrompt:To increase supply chain sustainability, a company typically takes a three-phase approach: Set environmental, social, and financial goals; Develop long-range plans to meet those goals with suppliers; and implement the plans throughout the firm and its supply chain. Some examples, according to the text, of how this can be done are as follows:Reduce carbon emissions by the firm and its supply chain by 20 percent in five yearsReduce the consumption of water by the firm and its supply chain by 30 percent in three yearsIncrease the use of recycled materials by the firm and its supply chain by 40 percent in four yearsReduce accidents by the firm and its supply chain workforce to nearly zero in three yearsEliminate the use of child labor and unsafe working conditions in its suppliers to zero in one year