How the green supply chain can transform the economic prosperity

Muhammad Saeed Shahbaz, Zahoor Ur Rehman, Hassan Raza and Raja Zuraidah Raja Mohd Rasi

International Journal of Services and Operations Management, 2024, vol. 48, issue 1, 99-112

Abstract: The green supply chain (GSC) plays a major role in cost reduction and increased supply chain efficiency. The study aim is to determine the impact of GSC on the supply chain of the country, the purpose of which is to assess the impact of value creation on the economic prosperity of the production supply chain. Methodologically, the study used both qualitative and quantitative methods. The data was collected through interviews, and empirical verification was done through a questionnaire. The researcher interviewed the country's employees that belong to either the economic division or supply chain. The collected data was analysed using content analysis and multiple regression through SPSS. The results reveal that creation of value creates increased market share and competitiveness and that there is mutual understanding, close relationships, and contracts between consumers and suppliers to motivate suppliers to improve product quality and reduce inventory costs over the course of time.

Keywords: green supply chain management; economic prosperity; empirical study. (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijsoma:v:48:y:2024:i:1:p:99-112

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