Quantitative Models For Sustainable Supply Chain Management - Samples

Question: Discuss about the Quantitative Models For Sustainable Supply Chain Management. Answer: Introduction The purpose of the study protruded from the need to critically examine, analyze, and evaluate the research findings of a journal article quantitative models for sustainable supply chain management: development and directionby Brandenburg et al, (2014). For the last two decades, the relevance of the influence of social aspects and environmental factors in the field of supply chain management has consistently increased due to its relevance/ contribution in a business. This leaves it as a necessity that requires thorough research to help in the establishment of models that can help in its effectiveness. Previously, the use of reverse logistics and formal modeling for closed loops in the supply chain management has been reviewed in prior to earlier research publications. From the definition of supply chain management, the process of organizing, sourcing, designing, production and distribution of products and services in the global market is an integral and central role player in businesses. Several attempts to restructure government and organizational policies with the aim of incorporating and attaining an efficient sustainability in the management and design of supply chain. The article specifies literature review into two categories, that is to say literature prior to 2008 and literature after 2008. The prior literature findings indicate that the use of green product and green process development was mainly used.it further indicates that the research emphasized the use of supply chain management in the field of environmental management while using a conceptual framework that was initially established by the earlier studies. It cited its application in the management of solid waste, water resources, vehicle routing among others. On the other hand, the later literature the researcher focused on both general and empirical research findings, whichcan as well be referred to as metric or quantitative research. Of the recent research, the study took an overview of 14 articles. In relation to the earlier finding, the review indicate that manufacturing or reverse logistics render a minimal contribution to the earlier research Sustainability From the initial review carried out, the researcher perceives sustainability as a key tool for appreciating social, economic, and environmental aspects associated with marketing and management. This means that the lack of a common language for defining or analyzing sustainability and the absence of some tools leads to a lack of a framework that may be crucial and applicable in project management. Sustainability is dominated by environmental and economic factors at the expense of social perspective and represents a major research gap in project management. Sustainability assessment requires tangible information of the main aspects there by providing guidance in decision-making process in marketing management. However, the measurement of sustainability principles remains in the early stages and many technical issues are not yet addressed and therefore the transformation of theory into management have positively contributed to the development of the sustainability process. According to Singh 2012, there is a high need for people, organizations, and companies to acquire models, tools, and Metrics to quantify and define sustainability in different forms of procedure. To progress in sustainability, the development of indicators must be quantified, measured, interpreted, and monitored carefully. However, research shows that there is a lack of systems for measuring performance towards sustainability in operational practices. According to this research, sustainability has currently been thought of mostly in institutional and strategically terms without considering the side of economical manufacturing activities. To measure the efficiency of operation, few indicators have been applied and focused on environmental side orienting towards product development. Research also demonstrates that the benefit of sustainability is not confined to the social and environmental concept. In our modern era, it is impossible to think of economic development without thinking of protection of the environment and benefits of the society. According to Silvius 2013, the relationship between sustainability and project management is getting interest from academics and professionals making the integration of sustainability into the management of projects. This brings the view that the relationship between project management and sustainability is still an emerging field of study thus when project management involves sustainability, it results into production of goods and services that are suitable to the reality of the stake holders. Sustainability of an enterprise will depend on the competent management as well as the ability to consider business plans and interest of stakeholders and the impacts on the environment. Journal By The journal was prepared by Marcus Brandenburg, Kannan Govindan, Joseph Sarkis, and Stefan Seuring. Explanation of the Keywords The study develops the insights regarding the sustainability management through the establishment of the effective supply chain process. The current competitiveness is one of the major factors to be concerned about for developing sustainable business. Environment and climate change is much significant in terms of developing the understanding the effects on the sustainable business process. The keyword thus refers to the effects created by climate change on developing the sound supply chain management process. Furthermore, the study develops the idea about the considerable societal problems, which depicts the environmental effects caused by the supply chain development. The closer look on the societal benefits and disadvantages would explain the study in a clarified manner. Another keyword is sustainability, which is much significant in this study. The business marketers concentrate on the unique and innovative ideas to develop the organisational functionalities. However, the main pur pose of developing such ideas is to ensure the long term sustainability of the firm. The study is also concentrating on describing the significance of effective supply chain management, which determines the survival aspects of the firms in current competitive scenario. The effectiveness of the supply chain management would create the positive impact on both the environment and the organisation. Identification of the problems The article, Quantitative Models for Sustainable Supply Chain Management provides the insights about the effectiveness of supply chain management to develop the sustainable business in a competitive scenario. However, it has been identified that while developing the effective supply chain process, the business marketers often face some of the considerable challenges. These problems are discussed further: Supply Chain Management According to Brandenburg et al. (2014), SCM is conceptualized as the management of the logical, physical, and financial flows for adding values and developing customer satisfaction. However, the new conceptualized definition is provided by De Brito and Van der Laan (2010), which depicts that SCM is involved with the green purchasing that has the linking with the centralized and decentralized decision-making process. It has been observed that the more developed and systematic procedures used in the supply chain management create the sustainable business parameter, which is quite beneficial for long run. For example, supply chain management requires the improved technological tools to ensure the better outcome. Many organizations face trouble in arranging resources to develop such effective technologies and this obligation can affect the entire procedures much recognizably. Logistic The logistic is an integral part of the supply chain process. Chkanikova (2012) described that the reverse logistic process helps in resolving the issues with societal issues. Opposing this statement, Danciu (2013) argued that the current upgraded techniques used in the logistic process affects the green supply chain management process. Therefore, it may create the problematic situation for the business marketers to retain the sustainable approach. For example, the lack of resources cannot establish the required inventory system for the logistic process, which can develop the remarkable green supply chain process. Therefore, it would be much challenging for the business marketers. Environment and Climate Change Climate change is other most recognizable challenges in supply chain process. Massaroni, Cozzolino and Wankowicz (2014) implied that the occurrence of the climate change can directly affect the core operational process. For example, the sudden changes in the climates can delay the delivery of the products and services that may lead to the customer dissatisfaction. Hence, it is quite a concerned area that is needed to be taken into consideration. Societal Problem The major societal problem in supply chain process is found in managing waste. For example, the emission of the wastages during the supply chain process can be the reason for environmental pollution. Therefore, it may affect the environment much considerably. Supporting such statement, Hasan (2013) commented that the emergence of societal issues may affect the sustainable development of the business. Hence, it is essential to develop more hands-on approach to mitigate this challenge related to the societal issues. Sustainability The sustainability issues are the widely elaborated concept that creates the impact on the business sustainability. Massaroni, Cozzolino and Wankowicz (2014) implied that the development of the appropriate technologies and the systematic work functionalities determines whether the supply chain process can create the sustainability or not. It is important to consider the demands of the external environment before developing the operational functionality. For example, while planning for the business operations, it is necessary to identify whether the production process creates any sustainable values or not. The development of the organized order of the supply chain process thus can contribute to the effective business sustainability. Brandenburg et al. (2014) argued that maintenance of the corporate social responsibility is also much significant in developing sustainability in a business society. Conclusion In business marketing, the article defines supply chain management as the execution of business supply activities to increase on the customers and competition in the marketplace. It is the role of the suppliers to develop supply chains that are economical and efficient. Supply chain covers different steps such as production, product development and information system to link the production, shipment and supply of the products. Through supply chain management, companies are able to quickly deliver products to their customers and to reduce on the costs. This is done by controlling investments, sales, and the distributions of the company. Basing on supply chain management, every product that comes to market results from organizations that makes up a supply chain. These organizations have found it important to rely on effective supply chains to compete in the global market and networked economy. Traditionally, supply chain management means the management of physical, logical and financia l of networks in organizational relationship. References Ahi, P. and Searcy, C., 2013. A comparative literature analysis of definitions for green and sustainable supply chain management.Journal of cleaner production,52, pp.329-341. 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