scholarly journals Sustainable supply chain management and financial performance: An empirical analysis of Turkish manufacturing companies

2021 ◽  
Vol 9 (3) ◽  
pp. 908-921
Author(s):  
Deniz Özbay

The linkage between sustainable supply chain management (SSCM) and financial performance has attracted increasing interest from both researchers and practitioners. Although many have argued that the SSCM practices improve financial performance, empirical studies have produced mixed results, and the direction of the relationship is still unclear.  This study examined the relationship between SSCM and financial performance for Turkish manufacturing companies. Financial performance was measured using ROA, ROE and price to book ratio, while SSCM performance was measured with a new multivariable performance indicator. Financial performance data were obtained from the Bloomberg Database, while SSCM data were collected from non-financial reports using content analysis. The total sample included 47 manufacturing companies listed in Borsa İstanbul, covering 584 firm-year observations for 2007-2019. Panel data regression analysis was used to test the relationship between SSCM and financial performance. Similar to the literature's general view, the findings support a positive linear relationship between SSCM and firm financial performance.

2021 ◽  
Vol 13 (2) ◽  
pp. 445
Author(s):  
Wen-Kuo Chen ◽  
Venkateswarlu Nalluri ◽  
Suresh Ma ◽  
Mei-Min Lin ◽  
Ching-Torng Lin

Different sources of risk factors can occur in sustainable supply chain management due to its complex nature. The telecommunication service firm cannot implement multiple improvement practices altogether to overcome the risk factors with limited resources. The industries should evaluate the relationship between risk factors and explore the determinants of improvement measures. The purpose of the present study is to identify and analyze critical risk factors (CRFs) for enhancing sustainable supply chain management practices in the Indian telecommunication industry using interpretive structural modelling (ISM). Risk factors are identified through a literature survey, and then with the help of experts, nine CRFs are identified using a fuzzy Delphi method (FDM). The relationship among these CRFs has been analyzed using ISM, and the driving and the dependence power of those CRFs are analyzed. Results indicate that both “government policies (laws and regulations)” and “the impact of rapid change in technology” are independent or key factors that affect the sustainability of the telecommunications supply chain. In addition, results provide significant managerial implications, including enhanced sustainability, and the government should build justice, fairness, open laws, certainties, and regulations to prevent risk in the telecommunications industry supply chain; service providers should monitor the rapidly evolving technologies and focus on technical learning and organizational capacity development to overcome the impact of technological changes. The contribution of this study is using a novel approach to establish a hierarchical structural model for an effective understanding of CRFs relationships and to explore decisive risk factors that can help telecom service providers to better plan and design effective improvement strategies to enhance sustainability supply chain management.


2014 ◽  
Vol 564 ◽  
pp. 661-666 ◽  
Author(s):  
Zohreh Molamohamadi ◽  
N. Ismail ◽  
Zulkiflle Leman ◽  
Zulkifli Norzima

It has been a while since supply chain management (SCM) has shifted its focus from production efficiency to sustainability related issues. Implementing this strategic shift demands all supply chain members, all processes, and generally all of the elements to be involved in helping the chain move faster and further toward sustainability. This has necessitated the strong relationship between supply chain and the three sustainability pillars: environment, economy, and society. Having considered this essentiality, this paper, describes the supply chain, sustainable development and discusses their existing definitions in the literature. The relationship between supply chain and sustainability is then discussed and a framework for sustainable supply chain is proposed based on the previous suggested structures for supply chain and sustainable development.


Processes ◽  
2020 ◽  
Vol 8 (6) ◽  
pp. 717
Author(s):  
Yun Yang ◽  
Ying Wang

Globally, increasing environmental issues are gaining attention to facilitate the adoption of green innovation for sustainable supply chain management (SSCM). Sustainable environmental practices have been well-considered in the literature; however, no study has focused on adopting green innovation practices for sustainable development. Thus, environmental management authorities are putting pressure on industries to implement green innovation criteria for SSCM operations. Moreover, it is important to select traditional suppliers to transform its practices to that of sustainable supply chains in order to achieve the industry’s sustainable supply chain goals. In response, this research identified and analyzed the green innovation criteria for SSCM and then selected a supplier that could implement green aspects in the SSCM. This study developed an integrated multi-criteria decision making (MCDM) model using the fuzzy analytical hierarchy process (FAHP) and the fuzzy technique for order of preference by similarity to ideal solution (FTOPSIS). The objective of this study was to analyze suppliers to implement green innovation criteria for SSCM practices in the textile manufacturing companies of China. This study reviewed and identified three green innovation criteria and seventeen sub-criteria. Then, the FAHP technique was employed to analyze and rank green innovation criteria and sub-criteria. Finally, the FTOPSIS method was used to investigate and rank eight suppliers. The findings of the FAHP indicated that economic (EC) criteria were the most vital green innovation criteria in the SSCM. Furthermore, the FTOPSIS results revealed that supplier 5 was the most suitable supplier for implementing green innovation criteria in the SSCM. These findings will help managers, practitioners, and policymakers implement green innovation criteria in sustainable manufacturing supply chains.


2019 ◽  
Vol 16 (4) ◽  
pp. 572-580 ◽  
Author(s):  
Sajad Vafaei ◽  
Ardeshir Bazrkar ◽  
Mohammad Hajimohammadi

Goal: The present study examines the mediating role of innovation and sustainable process management on the relationship between sustainable supply chain management and sustainable competitive advantage. Design / Methodology / Approach: The statistical population consists of 20 companies involved in the production of banking equipment. Since the size of the statistical population is very small, structural equations model and partial least squares approach were used to analyze the research data and to test the hypotheses of the research. Results: The results showed that there is a positive and significant relationship between sustainable supply chain management and sustainable competitive advantage. Moreover, it was found that innovation and sustainable process management variables play a mediating and moderating role on the relationship between sustainable supply chain and sustainable competitive advantage. Limitations of the investigation: The most important limitation in this study was the long-time collection of research data. Practical implications: According to the results obtained, organizations should focus on applying the principles of sustainable process management to achieve coordination between the departments and resources of the organization. Originality / Value: It is recommended that organizations emphasize innovative and creative activities to achieve sustainable competitive advantage through sustainable supply chain activities.


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