scholarly journals Influence of Responsible Supply Chain Management Behaviours and Economic Performance among Pharmaceutical Companies in China

2020 ◽  
pp. 116-127
Author(s):  
Maxwell Opuni Antwi ◽  
Lulin Zhou ◽  
Charles Kwarteng Antwi
Keyword(s):  
Supply Chain ◽  
Energy Consumption ◽  
Economic Performance ◽  
Value Chain ◽  
Waste Treatment ◽  
Pharmaceutical Companies ◽  
Bottom Line ◽  
Chain Management ◽  
Waste Discharge ◽  
Environmental Accidents

Most organizations exist in order to make a profit or economic gains. Thus economic performance of an enterprise is the ultimate of all the numerous activities that are undertaken. It is the bottom line of the value chain and the lifeblood of every business. Pharmaceutical companies in China also exist in order to make a profit, but profitability is not the only economic element that is of interest to pharmaceutical organizations. According to Schaltegger et al. (2014), economic performance relates to the manufacturing plant's ability to reduce costs associated with energy consumption, purchased materials, waste treatment, waste disposal, waste discharge, and fines or penalties for environmental accidents (Zhu et al., 2008a; Schaltegger et al., 2014).

scholarly journals Pathways for Sustainable Supply Chain Performance—Evidence from a Developing Country, Malaysia

2018 ◽  
Vol 10 (8) ◽  
pp. 2781 ◽  
Author(s):  
Kai-Chong Thong ◽  
Wai-Peng Wong
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Economic Performance ◽  
Performance Outcomes ◽  
Social Practices ◽  
Equation Modeling ◽  
Institutional Pressures ◽  
Sustainable Supply Chain ◽  
Bottom Line ◽  
Chain Management

Malaysia has recently started to adopt sustainable business best practices to benefit companies, environment and stakeholders. Therefore, this study demonstrates pathways to sustainable supply chain triple bottom line performance derived from linkages of institutional pressures (IP) and organizational identity (OI) to environment and social sustainable practices. It shows that the superordinate goal of sustainable supply chain management is met in spite of unyielding external pressures and desirable OI driving the unequivocal environmental and responsible social practices of firms. A survey approach was adopted to gather the data required for this study. A total of 118 completed questionnaires were received from respondents, who were managers and senior executives in supply chain management (SCM) in Malaysia. The data were analyzed using structural equation modeling with partial least squares (PLS-SEM) version 3.0. Our findings showed that all hypothesized relationships are significant except both process- and market-based social practices could not directly impact economic performance. This is in sharp contrast to environmental practices. However, the significant linkage between social practices and social performance is a pathway for the former to economic performance. Therefore, the economic benefits derived from social practices are salvaged through its performance outcomes. The novel and useful impact of institutional pressures on sustainable supply chain practices are also unearthed.

Interactions in sustainable supply chain management: a framework review

2019 ◽  
Vol 30 (1) ◽  
pp. 140-173 ◽  
Author(s):  
Gawon Yun ◽  
Mehmet G. Yalcin ◽  
Douglas N. Hales ◽  
Hee Yoon Kwon
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Economic Performance ◽  
Social Performance ◽  
Sustainable Supply Chain ◽  
Dyadic Interactions ◽  
Bottom Line ◽  
Chain Management ◽  
Content Type ◽  
Sustainable Supply Chain Management

PurposeThe purpose of this paper is to evaluate the research conducted among the interim, dyadic interactions that bridge the stand-alone measures of economic, environmental and social performance and the level of sustainability, as suggested in the Carter and Rogers (2008) framework.Design/methodology/approachThis paper conducts a systematic literature review based on the Tranfieldet al.(2003) method of the articles published in 13 major journals in the area of supply chain management between the years 2010 and 2016. Results were analyzed using an expert panel.FindingsThe area of research between environmental and social performance is sparse and relegated to empirical investigation. As an important area of interaction, this area needs more research to answer the how and why questions. The economic activity seems to be the persistent theme among the interactions.Research limitations/implicationsThe literature on the “environmental performance and social performance (ES)” interactions is lacking in both theoretical and analytical content. Studies explaining the motivations, optimal levels and context that drive these interactions are needed. The extant research portrays economic performance as if it cannot be sacrificed for social welfare. This approach is not in line with the progressive view of sustainable supply chain management (SSCM) but instead the binary view with an economic emphasis.Practical implicationsTo improve sustainability, organizations need the triple bottom line (TBL) framework that defines sustainability in isolation. However, they also need to understand how and why these interactions take place that drive sustainability in organizations.Originality/valueBy examining the literature specifically dedicated to the essential, interim, dyadic interactions, this study contributes to bridging the gap between stand-alone performance and the TBL that creates true sustainability. It also shows how the literature views the existence of sustainability is progressive, but many describe sustainability as binary. It is possible that economic sustainability is binary, and progressive characterizations of SSCM could be the reason behind the results favoring economic performance over environmental and social.

scholarly journals Going Green Supply Chain Management During COVID-19, Assessing the Best Supplier Selection Criteria: A Triple Bottom Line (TBL) Approach

2022 ◽  
Vol 17 (1) ◽  
pp. 36-51
Author(s):  
Maryam Khokhar ◽  
◽  
Wasim Iqbal ◽  
Yumei Hou ◽  
Muhammad Irshad
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Firm Performance ◽  
Supplier Selection ◽  
Fuzzy Numbers ◽  
Current Model ◽  
Triple Bottom Line ◽  
Bottom Line ◽  
Chain Management ◽  
Sustainable Supplier Selection

In the past ten years, sustainable supply chain management (SSCM) attach great importance due to consumers, for-profit and profitless organizations, laws and regulations to the social and corporate responsibilities of consumers, so it has been recognized by practitioners and scholars. Supplier selection, environmental effect like a lockdown, and social cooperation and other SSCM programs can play an important part in realizing the triple bottom line (TBL) of economic, environmental, social assistances. In supply chain management (SCM), the sustainable supplier selection (SSS) and firm performance plays an important role. Traditionally, when evaluating SSS performance, organizations will consider a new framework to obtain the overall criteria/sub-criteria of the sustainability index by encapsulating sustainability. In this paper 12 sub-criteria for 3 pillars of sustainability as economic, environment and social performance is collected. Although there are many articles on SSS and evaluation, so far, research on sustainability issues is very limited. This study endeavours to propose a fuzzy multi-criteria approach to discuss SSCM planning, and studies the issue of determining a current model for SSS in the supply chain during COVID-19 based on the TBL method. For express the linguistic value of the subjective preference of experts we use triangular fuzzy numbers. By using fuzzy numbers to find standard weights for qualitative performance evaluation, then fuzzy TOPSIS (Technique for Order Preference by Similarity to Ideal Solution) is proposed to find the ranking of SSS. However, COVID-19 has a negative role in SSS and in firm performance. The situation of lockdown due to COVID-19 has a negative effect on the performance of the organizations. An example is given of the proposed method.

scholarly journals Corporate Responsibility in the Context of Digitalization

2021 ◽  
Vol 15 (3) ◽  
pp. 422-428
Author(s):  
Patricia Girrbach
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Social Responsibility ◽  
Economic Performance ◽  
Corporate Responsibility ◽  
Limited Resources ◽  
Resource Base ◽  
Holistic View ◽  
Chain Management

Corporate Responsibility focuses on economic performance, the protection of the natural foundations of life and social responsibility. In this context it is important to deal carefully with the limited resources available to take care of inter- and intragenerational justice by preserving the resource base. Due to the fact, that digitalization changes whole industry, a change in detail a more holistic view on responsibility is necessary. Corporate Responsibility must be enhanced to Corporate Digital Responsibility in terms of digital aspects. In this context this paper provides insights into Corporate Digital Responsibility from the perspective of blockchain usage in supply chain management.

Moving towards “Slow Food”, the new frontier of culinary innovation in India

2016 ◽  
Vol 8 (4) ◽  
pp. 444-460 ◽  
Author(s):  
Sandeep Munjal ◽  
Sanjay Sharma ◽  
Pallavi Menon
Keyword(s):  
Supply Chain ◽  
Value Chain ◽  
Positive Impact ◽  
Round Table Discussion ◽  
Bottom Line ◽  
Slow Food ◽  
Content Type ◽  
Hospitality Sector ◽  
Integrated Supply Chain ◽  
Backward Integration

Purpose The paper aims to research the current understanding of Slow Food in the Indian hospitality sector and to identify how the industry can embrace the concept and its sustainability. To begin, underpinnings are considered in relation to traditional, locally produced food for patrons that is actually “farm to fork” in terms of its delivery model as evidenced by backward integration in the supply of key ingredients. The economics of the backward integration is analysed to measure its impact on businesses’ bottom-line in the context of an inflationary economy. Design/methodology/approach Existing published literature is reviewed with reference to the “Slow Food movement” from both an international and Indian perspective. Vedatya’s approach to sustainable culinary value chain creation and its applicability for industry adoption with an intent to offer Slow Food on commercial menus is documented and discussed. A round table discussion with key food and beverage leaders is also documented and analysed to establish the current state of awareness and readiness of the sector to offer “Slow Food” through an integrated supply chain in India. Findings Slow Food as a concept is new to India; there is a huge shift in many parts of the world towards food that is fresh, traditional and drawn from locally available ingredients. This research shares Vedatya’s experience in developing an integrated value chain that can provide a sustainable Slow Food model for the Indian hospitality and restaurant sector to deploy with a positive impact on profitability too. Research limitations/implications There is need for more research to better understand the feasibility of hospitality businesses working on supply chain with backward integration, to offer “Slow Food” to consumers. While there seems to be a demand for traditional food, this paper does not research that aspect; further research is required to ascertain the potential demand for Slow Food in India. Practical implications The popularity of Slow Food is global; however, the Indian hospitality sector is yet to warm up to this potential. The customer focus on healthy, traditional, fresh food opens an opportunity to innovate, and businesses that build capacity to offer real farm-to-fork menus can become market leaders and will reap bottom-line benefits through lower input costs because of supply chain integration. Originality/value This paper is unique in terms of offering a discussion on the potential of Slow Food as the next realm of culinary innovation in India. It also adds value by sharing the Vedatya experience in terms of developing an integrated supply chain that facilitates the Slow Food offering in a farm-to-fork format. The model can be emulated by commercial hospitality businesses resulting in cost advantages and higher satisfaction levels of customers.

E-Business Supply Chains and E-Partnerships

2011 ◽  
pp. 30-53
Author(s):  
Fang Zhao
Keyword(s):  
Supply Chain ◽  
Information Technologies ◽  
Integrated System ◽  
Bottom Line ◽  
Business World ◽  
Chain Management ◽  
Comprehensive View ◽  
Operational Costs ◽  
Business Opportunities ◽  
Partnership Approach

In today’s business world, most companies operate within an integrated system, or a network of organizations of upstream suppliers and downstream customers that produce and distribute products and services. It is estimated that about 60% to 70% of today’s transactions in any company are completed in the supply chain (Bovel & Martha, 2000). E-partnership in the supply chain is, therefore, the focus of this chapter. This author argues that e-partnership provides a powerful and transformative means for supply chain management to achieve its objectives through extended relationships and enhanced information technologies. The rationale for the argument is that an e-partnering supply chain can lead to greater business opportunities, better integration of suppliers and vendors, better management information, lower operational costs, better market understanding and expanded geographical coverage. Therefore, a partnership approach to the supply chain provides significant opportunities to maximize bottom line results. Helping to better understand the broader operational context of e-partnerships, this chapter explores the recent development of the supply chain, specifically, electronic and e-business supply chain and its interfaces with e-partnerships. The chapter presents a broader comprehensive view of the landscape in which e-partnership prevails and the role it plays in the e-business arena.

Sustainable supply chain management

2019 ◽  
Vol 30 (5) ◽  
pp. 1001-1049 ◽  
Author(s):  
Swayam Sampurna Panigrahi ◽  
Bikram Bahinipati ◽  
Vipul Jain
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Economic Performance ◽  
Successful Implementation ◽  
Sustainable Supply Chain ◽  
Chain Management ◽  
Content Type ◽  
Sustainable Supply Chain Management ◽  
Research Activities ◽  
Business Enterprises

Purpose The business enterprises are increasingly focusing on buying and supplying of products and services in a manner to reduce the adverse impacts on the environment, society, and economy. In view of the above, the concept of sustainable supply chain management (SSCM) has received attention of the industry and academia due to its importance on environmental, social and corporate responsibility through economic performance. The paper aims to discuss these issues. Design/methodology/approach The structured literature review attempts to map the various theories in the SSCM literature from the perspectives of economic performance, environmental dimensions, and social values and ethics. Findings As supply management is vital for enhancing organizational competitiveness, the present work attempts to investigate the theoretical perspectives in SSCM to develop an understanding of the current research activities and future potentials. Practical implications This work aims to gain a number of valid insights for the practitioners and the researchers. It also focuses on the perspectives of governance mechanisms for successful implementation SSCM practices in the business enterprises. Originality/value As the theory building initiatives with implications on the conceptualization of SSCM is limited in literature, this work has also been able to identify the trends and relevant research gaps to define the potential areas for future research.

scholarly journals Levers of Control for Supply Chain Sustainability: Control and Governance Mechanisms in a Cross-Boundary Setting

2020 ◽  
Vol 12 (8) ◽  
pp. 3189 ◽  
Author(s):  
Joost de Haan-Hoek ◽  
Wim Lambrechts ◽  
Janjaap Semeijn ◽  
Marjolein C. J. Caniëls
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Triple Bottom Line ◽  
Holistic Approach ◽  
Sustainable Supply Chain ◽  
Governance Mechanisms ◽  
Bottom Line ◽  
Chain Management ◽  
Interactive Control ◽  
Levers Of Control

The rise of global supply chains as well as attention to the Triple Bottom Line provides organizations with new conditions and strategy paradoxes to be dealt with when it comes to sustainability in supply chain management. This study of a large multinational organization with a strong Triple Bottom Line focus provides a comprehensive analysis of the use of control and governance mechanisms in supply chain context. Through the Levers of Control framework, the application of these mechanisms both internally and across organizational boundaries is shown. The interplay between levers helps in dealing with the in itself paradoxical nature of Triple Bottom Line goalsetting. The results show that the “softer” elements of the Triple Bottom Line, i.e., People and Planet, are approached with the lever associated with the beliefs system, which in turn enforces the boundary and interactive control systems. Ultimately, applying the Levers of Control in supply chain context might contribute to pursuing a holistic approach of sustainable supply chain management.

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