Retailers Calendar

Financial analysis
A classic financial evaluation is warranted even for ideas that aim to create environmental improvements. You
may use several financial indicators to compare the feasibility. At the very least, a simple cost-benefit analysis
can be used.
Potential for intangible value creation
Intangible benefits can often draw in revenues not quantifiable in a rough financial analysis. Improving customer
side environmental issues can improve customer relationships, brand equity and reputation, business continuity,
and even strategic alliances. Customer relationships and increased brand reputation attract revenue and also
decrease the likelihood that your company could be attacked from negative press. Intangible value can be
measured through an expanded cost-benefit analysis, by assigning these intangibles a monetary value. A pilot
project can be helpful to evaluate the intangible value of a proposed action.
Implementation of Options
Once you have prioritized your options, you will want to implement your key improvement technique. This stage
might include several procedures, such as the following:
• Establish employee and partnership roles and responsibilities;
• Develop a plan for the project, including necessary resources, implementation of deliverable deadlines, and
schedules;
• Establish coordination points among processes and people;
• Reach out to various stakeholders in the process;
• Prepare schedules to ensure that all the team members are aware of when certain tasks need to be
accomplished.
Performance Follow-up by Indicators
Indicators can help to follow-up whether the options that you have selected for performance improvement of each
supply chain function is running successfully. You may like to monitor two major issues, namely the effect on
your business success and the impact on the environment and social parties. For example, Schenker uses an
emissions calculator to analyse the success of environmental impact reduction with respect to eco-efficiency
improvements in the transport function.
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