TITLE: The role of Guanxi in green supply chain management in Asia's
emerging
Economies:
A conceptual framework
AUTHOR: Ruoqi Geng, S.
Afshin Mansouri, Emel Aktas, and Dorothy A. Yen
YEAR: 2017
FRAMEWORK:
ITEMS:
CONCLUSION:
- The key to a sustainable supply chain is trust between customers and suppliers and this can also create more profitable supplier relationships. That many companies struggle to establish sustainable supply chains because they attempt to enforce sustainable supply chains solely through monitoring policies and compliance a strategy that will fail “time and time again.”
- Innovating Products and Services. Suppliers that understand a company’s vision and long-term plans are better equipped to suggest changes and ungraded to products and processes, which can improve operations and also help companies accomplish innovation goals.
- Stakeholders including investors and customers are increasingly putting pressure on business to extend their sustainability policies into their supply chains. This is evidenced by a record number of shareholder resolutions related to supply chain sustainability in recent years, as well as social media pressure on companies to ensure they are viewed as committed to sustainable and responsible business practices.
Thank you for sharing new and exciting information about Supply Chain Management and Implementation with us.
ReplyDelete