Socially Responsible Supply Chain Management: An Essence of Value Creation

Author(s):  
Shweta Mehta

Strategic supply chains are becoming integral part of a firms competitive strength. It not only gives financial advantages, but also well-managed and extremely synchronized supply chain offers certain social obligation. Many businesses are now moving into course of unfolding codes of conduct as one of the ways of overseeing number of suppliers behavior inside the supply chain network. This research paper addresses the issues related with the degree to which customers must be accountable for moral behavior of their partners, like suppliers in buying process. Corporate social responsibility is a very important issue for any firm but it is very depressing that extremely minute material is on hand on this issue. This paper conceptualizes structure for recognizing the responsibilities of the more commanding supply chain member to the other members of the supply chain. It mainly focuses on the degree to which one supply chain member should apply ascendancy as it relates to social responsibility on the members of complete supply chain.

2021 ◽  
Vol 11 (3) ◽  
pp. 1088
Author(s):  
Ten-Suz Chen ◽  
Yung-Fu Huang ◽  
Ming-Wei Weng ◽  
Manh-Hoang Do

Corporate social responsibility (CSR) has witnessed remarkable attention in academic studies as well as being widely conducted in different industries globally. This specific case was chosen as one of the biggest dairy companies that may be represented for Vietnam dairy supply chain management. This research aims to integrate CSR initiatives into food supply chain management to clarify the optimal replenishment policy, paying close attention to the relationship between midstream manufacturers and final customers. The classical economic production quantity model has been employed, relying on the two-stage assembly production system. The three parameters that contribute to the total profit formulation that have been considered consist of the social charity amount for per unit selling, the unit wholesale price of the manufacturer, and the return rate of used goods from the customer. The study has stressed that there is a significant impact from implementing CSR initiatives on the enterprise’s inventory policy that leads to enhance the firm’s financial performance.


2012 ◽  
Vol 452-453 ◽  
pp. 282-288 ◽  
Author(s):  
Yan Huo

This paper developed a three-level supply chain network equilibrium model with multi products and multicriteria based on corporate social responsibility through integrating the maximization of economic benefits, the maximization of social utility and the minimization of environment pollution under revenue-sharing contract. We analysed competitive behaviour of manufactures and retailers in a no cooperative competitive and described the multicriteria decision-making behaviour using Nash equilibrium theory and the weighted value function. Using product utility functions of brand differentiation and consumer preferences from product price, transaction cost and corporation social responsibility to analyse product choice in a market, and we developed the optimization conditions of each tier and whole network by variational inequality method. At last we illustrated the model with several numerical examples.


2020 ◽  
Vol 273 ◽  
pp. 122981
Author(s):  
Nikunja Mohan Modak ◽  
Sudipta Sinha ◽  
Alok Raj ◽  
Shibaji Panda ◽  
José M. Merigó ◽  
...  

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