Managing risks in sustainable supply chains
DOI:
https://doi.org/10.7433/s96.2015.04Keywords:
sustainable supply chains, sustainability risk management, risks, supply chain managementAbstract
Purpose of the paper: The aim of this paper is to discuss the emerging challenges that modern supply chains face from the perspective of sustainability, highlighting the opportunities and the risks that these organizations encounter.
Methodology: The paper is theoretical, and provides an analysis of trends and challenges for sustainable supply chains and the management of related risks, highlighting some gaps in the literature.
Findings: The paper categorizes the priorities for modern sustainable supply chains and provides a clear differentiation between the concept of ‘sustainability risk management’ and the categorization of ‘risks in sustainable supply chains’.
Implications and originality/value of the paper: The paper addresses different gaps in the literature of sustainable supply chains and provides the managers with helpful directions for their supply chain management agenda. In detail, authors identifies trends that seem to make supply chains more vulnerable and exposed to the risk, key risk-related questions for managing sustainable supply chain, suggesting a number of important issues which need to be weighed when supply chain design decisions are taken.
Research limitations: The theoretical approach of the paper can benefit from future in-depth analyses based on case studies.
References
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SIMCHI-LEVI D. (2010), “The 6 Forces Driving Supply Chain Design”, MIT Sloan Management Review, Winter, available at: SLOANREVIEW.MIT.EDU.
STARIK M., RANDS G.P. (1995), “Weaving an integrated web: multilevel and multisystem perspectives of ecologically sustainable organizations”, Academy of Management Review, vol. 20, n. 4, pp. 908-935.
TEUSCHER P., GRUENINGER B., FERDINAND N. (2006), “Risk management in sustainable supply chain management (SSCM)”, Corporate Social Responsibility and Environmental Management, vol. 13, pp. 1-10.
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YOUNG M. (2006), “Responsibility and Global Justice: A Social Connection Model”, Social Philosophy and Policy Foundation, vol. 23, n. 1, pp. 102-130.
WITTSTRUCK D., TEUTEBERG F. (2012), “Understanding the Success Factors of Sustainable Supply Chain Management: Empirical Evidence from the Electrics and Electronics Industry”, Corporate Social Responsibility and Environmental Management, vol. 19, n. 3, pp. 141- 158.
ANDERSON D.R., ANDERSON K.E. (2009), Risk Management and Insurance, London, Wiley Online Library.
BLACKBURN W.R. (2007), The Sustainability Handbook: The Complete Management Guide to Achieving Social, Economic and Environmental Responsibility, Earthscan, London.
BORGHESI A., GAUDENZI B. (2012), Risk management: How to assess, transfer and communicate critical risks, Springer, Milano.
CARTER C.R., ROGERS D.S. (2008), “A framework of sustainable supply chain management: moving toward new theory”, International Journal of Physical Distribution and Logistics Management, vol. 38, n. 5, pp. 360-387 .
CARTER C.R., EASTON P.L. (2011), “Sustainable supply chain management: evolution and future directions”, International Journal of Physical Distribution and Logistics Management, vol. 41, n. 1, pp. 46-62.
CHAPMAN R.J. (2006), Simple Tools and Techniques for Enterprise Risk Management, Chichester, Wiley.
CHOPRA S., SODHI M.S. (2004), “Managing risk to avoid supply-chain breakdown”, MIT Sloan Management Review, vol. 46, n. 1, pp. 53-62.
CHRISTOPHER M., MENA C., KHAN O., YURT, O. (2011), “Approaches to managing global sourcing risk”, Supply Chain Management, vol. 16, n. 2, pp. 67-81.
CHRISTOPHER M., GAUDENZI B. (2009), “Exploiting knowledge across networks through reputation management”, Industrial Marketing Management, vol. 38, n. 2, pp. 191-197.
COUSINS P.D., LAMMIND R.C., BOWEN F. (2004), “The role of risk in environment-related supplier initiatives”, Internation Journal of Operations and Production management, vol. 24, n. 5-6, pp. 554-565.
ECONOMIST INTELLIGENCE UNIT REPORT, (2010a), “Managing for sustainability”, available at: http://graphics.eiu.com/upload/eb/Enel_Managing_for_sustainability_WEB.pdf.
ECONOMIST INTELLIGENCE UNIT REPORT, (2010b), “Management magnified Sustainability and corporate growth”, available at: http://graphics.eiu.com/upload/eb/Enel_Managing_for_sustainability_WEB.pdf.
ERNST AND YOUNG (2010), “Climate Change and Sustainability: Five Areas of Highly Charged Risk for Supply Chain Operations”, available at: http://www.de.ey.com/Publication/vwLUAssets/EY_-_Five_areas_of_highly_charged_risk_for_supply_chain_operations/$FILE/EY-five-areas-of-highly-charged-risk-for-supply-chain-operations.pdf.
FOERSTL K., REUTER C., HARTMANN E., BLOME C. (2010), “Managing supplier sustainability risks in a dynamically changing environment - Sustainable supplier management in the chemical industry”, Journal of Purchasing and Supply Management, vol. 16, n. 2, pp. 118-130.
GIANNAKIS M., LOUIS M. (2011), “A multi-agent based framework for supply chain risk management“, Journal of Purchasing and Supply Management, vol. 17, n. 1, pp. 23-31.
GOLD S., SEURING S., BESKE P. (2010), “Sustainable supply chain management and inter-organizational resources: a literature review”, Corporate Social Responsibility and Environmental Management, vol. 17, n. 4, pp. 230-245.
HARWOOD I., HUMBY S. (2008), “Embedding corporate responsibility into supply: A snapshot of progress”, European Management Journal, vol. 26, n. 3, pp. 166-174.
HOFMANN H., BUSSE C., BODE C., HENKE M. (2014), “Sustainability-related supply chain risks: Conceptualization and management”, Business Strategy and the Environment, vol. 23, n. 3, pp. 160-172.
SIMCHI-LEVI D. (2010), “Your Next Supply Chain”, Mit Sloan Management Review, vol. 51, n. 2, pp. 17-24.
LASZLO C., ZHEXEMBAYEVA N. (2011), Embedded Sustainability, Stanford University Press, London.
MOLLENKOPF D. (2006), “Environmental Sustainability: Examining the Case for Environmentally-Sustainable Supply Chains”, CSCMP Explores, vol. 3, n. 3, pp. 1-15.
NASLUND D., WILLIAMSON S. (2010), “What is Management in Supply Chain Management? - A Critical Review of Definitions, Frameworks and Terminology”, Journal of Management Policy and Practice, vol. 11, n. 4, pp. 11-28.
POLLARD D., STEPHEN D.W. (2008), Sustainability, Risk and Opportunity: A Holistic Approach, New York, Global Accounting Alliance.
SPEKMAN R.E., DAVIS E.W. (2004), “Risky business: Expanding the discussion on risk and the extended enterprise”, International Journal of Physical Distribution and Logistics Management, vol. 34, n. 5, pp. 414-433.
SCHREMPF J., (2012), “The Delimitation of Corporate Social Responsibility: Upstream, Downstream and Historic CSR”, Business and Society, vol. 51, n. 4, pp. 690-707.
SEURING S. (2011), “Supply chain management for sustainable products - insights from research applying mixed methodologies”, Business Strategy and the Environment, vol. 20, n. 7, pp. 471-484.
SHRIVASTAVA P. (1995), “The role of corporations in achieving ecological sustainability”, Academy of Management Review, vol. 20, n. 4, pp. 936-60.
SIMCHI-LEVI D. (2010), “The 6 Forces Driving Supply Chain Design”, MIT Sloan Management Review, Winter, available at: SLOANREVIEW.MIT.EDU.
STARIK M., RANDS G.P. (1995), “Weaving an integrated web: multilevel and multisystem perspectives of ecologically sustainable organizations”, Academy of Management Review, vol. 20, n. 4, pp. 908-935.
TEUSCHER P., GRUENINGER B., FERDINAND N. (2006), “Risk management in sustainable supply chain management (SSCM)”, Corporate Social Responsibility and Environmental Management, vol. 13, pp. 1-10.
UNITED NATIONS (2011), UN Global Compact and Business for Social Responsibility Report, available at: https://www.unglobalcompact.org/aboutthegc/tools_resources/general.html.
YOUNG M. (2006), “Responsibility and Global Justice: A Social Connection Model”, Social Philosophy and Policy Foundation, vol. 23, n. 1, pp. 102-130.
WITTSTRUCK D., TEUTEBERG F. (2012), “Understanding the Success Factors of Sustainable Supply Chain Management: Empirical Evidence from the Electrics and Electronics Industry”, Corporate Social Responsibility and Environmental Management, vol. 19, n. 3, pp. 141- 158.
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2015-04-29
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