Sustainable Procurement in Supply Chain Operations

Sachin K. Mangla, Sunil Luthra, Suresh Kumar Jakhar, Anil Kumar, Nripendra P. Rana

• Publisher: CRC Press
• Year: 2019
• eBook ISBN: 9780429881282
• Edition: 1
• Topic: Business
• Subtopic: Operations
• Index: Business

Sustainable Procurement is an emerging concept in supply chain and operations management. Manufacturing industries have made improvements in moving from cost-based to quality-based, and customer-focused supply chain management strategies. This is becoming an integrated component in the supply chain system, with players becoming aware of the regulations and needs of the customer. It is imperative for production firms to look at the procurement activity as one of the strategic enablers for sustaining the business in the competitive global environment. This book will provide industries with an understanding of the concepts related to sustainable procurement policies and its implementation.

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• Provides decision and theory development models in sustainable procurement supply chains
• Includes contributions in all three major analytics: descriptive, predictive, and perspectives in the context of sustainable procurement supply chain
• Discusses new business models with suppliers and opportunities for co-branding
• Covers how to develop new tools to measure and allocate the gains from sustainable practices among stakeholders
• Analyses the science of translating data into meaningful and actionable insights

Section II

Sustainable Supplier Selection

5	Green Procurement Research A Review and Modeling Supplier Selection Problem Using GREY Method Surajit Bag and Anoop Kumar Sahu

CONTENTS

5.1 Introduction

5.1.1 Background

5.2 Literature Review

5.2.1 Planning the Review of Literature

5.2.2 Conducting the Literature Review

5.2.3 Reporting the Findings from Literature Review

5.3 Green Supplier Selection Using GREY-Based Methods: An Illustration

5.3.1 Theory of GREY Numbers: Mathematical Basis

5.3.2 The Multi-objective Optimization by Ratio Analysis (MOORA) Method

5.3.3 GREY-Full Multification Form

5.3.3.1 Analysis

5.4 Result and Discussion

5.5 Conclusion

5.5.1 Managerial Implications

5.5.2 Unique Contribution, Limitations, and Future Research Directions

List of Papers

References

5.1 INTRODUCTION

Business actions are vastly changing the natural environment and can endanger Mother Earth. Traditional business models did not take environmental thresholds into consideration and increasingly consumed natural resources without applying the principles of recycling, reusing, and remanufacturing (Dubey et al. 2016). In recent years, increased awareness has increased the amount of pressure on local and national government bodies to create environmental protection policies and enforce them strictly to prevent further environmental degradation (Mani et al. 2016). This has led to the evolution of green practices, and firms have started integrating green procurement initiatives with other business management functions (Bag and Gupta 2017; Tseng et al. 2017).

5.1.1 BACKGROUND

Procurement decisions have gained significance for multiple reasons; one of them is the considerable effect of vendors on the business performance of organizations (Dobos and Vörösmarty 2018). This has increased attention of buyers towards supplier evaluation and selection methods aimed at minimizing operational costs and enhancing competitiveness in global marketplace to create business opportunities (Bakeshlou et al. 2017; Yazdani et al. 2017). Selecting suppliers involves strategic decision-making in establishing successful adoption of green supply chain management practices (Gupta and Barua 2017; Yu et al. 2018). Thus, supplier selection plays a vital role in sustainable development of organization (Lo et al. 2018).

In today’s volatile business environment with increasing customer demands, organizations generally consider outsourcing decisions rather than manufacturing all components in-house to meet the dispatch requirements of customers. Therefore, selecting right suppliers is key to business success (Wetzstein et al. 2016).

The literature review reveals that the green supplier selection problem is a popular strategy for making outsourcing decisions based on environmental safeguards in times of limited resource availability and increased pollution levels from various industrial sources (Bakeshlou et al. 2017).

Supplier selections entail trial and error method practiced by organizations, intending to improve greenness and manufacture eco-friendly goods. Literature review reports various criteria mainly categorized under economic characteristics (pricing, quality, throughput times) and environmental characteristics (greenness, resource consumption, p...

Table of contents

• Cover
• Half Title
• Title Page
• Copyright Page
• Table of Contents
• Preface
• Acknowledgements
• Editors
• Contributors
• SECTION I Sustainable Procurement/Sourcing
• SECTION II Sustainable Supplier Selection
• SECTION III Enablers/Barriers for Sustainable Procurement Operations
• SECTION IV Research Methods in Sustainable Procurement Operations
• Index