Sustainability Practices in Hyper Mart Operations

https://doi.org/10.55529/jpome.23.53.65

Authors

  • Sanjeev Kumar Assistant Professor (Commerce), Govt. Girls Degree College, Kharkhauda, Meerut (U.P.), India.

Keywords:

Sustainability, Hyper Mart, Operations.

Abstract

Retail businesses, and hypermarkets in particular, are placing a greater focus on sustainability standards in response to the rising public awareness of social and environmental concerns. This summary summarizes the sustainability strategies used by hyper marts and how they have affected conservation efforts, social responsibility, and financial results. The massive size and complex supply networks of hyper marts cause them to have a major impact on the environment. Many supermarkets have responded to this by implementing sustainability measures including energy-efficient lighting, trash reduction programs, and ethical product sourcing. Reduced energy usage and operating expenses are two benefits of installing energy-efficient lighting and refrigeration systems. Reducing the use of single-use plastics, increasing recycling and composting, and generally decreasing trash production are the main goals of waste reduction initiatives. Using sustainable sourcing procedures guarantees that goods are sourced from companies that are ethical and mindful of the environment. Finding organic, fair trade, and minimally packaged goods is part of this. Hypermarkets are also reducing their dependence on non-renewable energy sources by powering their operations with renewable energy sources like solar panels. A further critical component of long-term viability in hypermarket operations is social responsibility. Promoting local products, engaging with the community, and ensuring fair labor standards are all part of this. In order to lessen their impact on the environment, hypermarkets frequently participate in community outreach programs that help local farmers and small companies. This boosts the local economy and helps keep supply chains short. Practicing sustainability also improves economic performance. Hyper marts may save a ton of money by reducing their energy use and trash. Better customer loyalty and standing out in the market are two more benefits that customers are reaping from companies who show they care about sustainability. To sum up, there are monetary, social, and environmental benefits to incorporating sustainability standards into hyper mart operations. Hyper marts may improve their operations in terms of sustainability and profitability by implementing energy-efficient technologies, sustainable sourcing, and socially responsible activities.

Downloads

Download data is not yet available.

Published

2022-05-30

How to Cite

Sanjeev Kumar. (2022). Sustainability Practices in Hyper Mart Operations. Journal of Production, Operations Management and Economics, 2(03), 53–65. https://doi.org/10.55529/jpome.23.53.65