Sustainable Supplier Selection: A Case of Indian SME
Jitendar Bittoo Khatri () and
Manoj Srivastava
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Jitendar Bittoo Khatri: Management Development Institute (MDI)
Manoj Srivastava: Management Development Institute (MDI)
Chapter Chapter 35 in Managing in Recovering Markets, 2015, pp 441-452 from Springer
Abstract:
Abstract The challenges offered by sustainable manufacturing deeply affect supply chain strategies and the entire procurement process. The need to improve organizational efficiency, overcome supply chain risks, achieve competitive position, and realize zero wastes, concern for the environment, and awareness among consumers has made companies to start considering triple bottom line (3BL) sustainable value creation approach in their supply chain strategy. Supplier selection is an important process for achieving this objective. Only through the active participation of suppliers, the buying firms can truly integrate societal, environmental, and economic sustainability in their supply chains. There are limited examples, within the context of developing economies like India, where firms have adopted 3BL sustainability approach in their procurement process. This paper deals with specific considerations of sustainability approach by an Indian automotive Tier-I, aluminum die casting parts manufacturing company. The company develops and applies an AHP-based model for ranking raw material suppliers. Implication of this approach, limitations, and future research direction conclude this paper.
Keywords: Sustainable supply chain management (SSCM); Small and medium enterprises (SMEs); Analytic hierarchy process (AHP); Aluminum high-pressure die casting (HPDC) (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-81-322-1979-8_35
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DOI: 10.1007/978-81-322-1979-8_35
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