Managing and measuring sustainability performance of supply chains

Sustainable development from an industrial perspective has extended beyond organisational boundaries to incorporate a supply chain approach. This paper provides a framework which can assist focal companies in development of sustainable supply chains. The literature related to sustainable supply chain evaluation is reviewed incorporating concepts from four organisational theories including the resource based, institutional, stakeholder and social network perspectives to illustrate key drivers and enablers of sustainability initiatives in the supply chain. A conceptual multidimensional framework is then developed which can serve as a tool for research scholars and supply chain practitioners in identifying and assessing various economic, environmental and social performance indicators

A Heuristic Approach To The Index Tracking Problem: A Case Study Of The Tehran Exchange Price Index

Index tracking, the most popular form of passive fund management, is a portfolio selection problem in which the return of one of the stock market indexes is reproduced by creating a tracking portfolio consisting of a subset of the stocks included in the index. Index tracking has been known as an NP-Hard problem, and sophisticated approaches have been proposed in the literature to solve this problem. This paper presents an easyto-implement heuristic solution to this complex problem. The proposed approach was implemented to develop a tracking portfolio of 438 stocks listed in the Tehran Exchange Price Index. The numerical results indicate that the approach is able to identify quality solutions within reasonable model runtime

A conceptual framework for the design and management of sustainable supply chains

Many organisations are realising the growing importance of sllstainability in today's business lexicon and the need to incorporate a supply chain approach, since the implementation of slistainability extends beyond organisational boundaries and involves multiple parties and variolls considerations. Despite this need, the extant literature on sustainable supply chain management focuses predominantly on a single dimension in isolation and lacks practical integrated frame'works in which all three dimensions of sllstainability (i.e. environmental, social and economic dimensions) can be discerned. To address this gap, we propose a more holistic framework which incorporates performance indicators for all three dimensions that can be used as a tool for the development and management of sustainable supply chains. This paper provides significant theoretical contribution and implications for supply chain management.

Building an antifragile supply chain : A capability blueprint for resilience and post‐disruption growth

Considerable research has focused on how supply chains can better handle disruptions. Consequently, concepts such as supply chain robustness and engineering resilience have emerged, with the dominant emphasis being that disruptions are a wholly bad thing to be avoided or resisted. However, recent discourse in the supply chain disruption management literature, such as the social–ecological interpretation of supply chain resilience, suggests that disruptions can be positioned more positively as potential catalysts for growth. Yet little is known about the capabilities required for a supply chain to grow following disruption. The emerging concept of supply chain antifragility focuses specifically on growth, providing an arrowhead for investigating what enables firms to grow following disruption. Utilizing a metaphorical transfer method, this research translates the capabilities of individuals—those who grow psychologically and emotionally after experiencing trauma—into supply chain capabilities that enhance antifragility. Five key capabilities for building antifragility in supply chains are identified: supply chain mindfulness, supply chain transformative learning, supply chain plasticity, supply chain bricolage, and supply chain collaboration. Furthermore, a hierarchy of capabilities is revealed that points to a sequential approach to capitalizing on the potential growth opportunities presented by supply chain disruptions. The findings are sense‐checked through focus groups with practitioners, informing the development of five propositions. This research contributes to theory development on handling supply chain disruptions by providing a capability blueprint for post‐disruption growth that complements the literature on social–ecological supply chain resilience. Finally, this research highlights the value of metaphorical transfer as an innovative approach for understanding contemporary supply chain phenomena and advancing novel theoretical frameworks

Building an antifragile supply chain: A capability blueprint for resilience and post-disruption growth

Considerable research has focused on how supply chains can better handle disruptions. Consequently, concepts such as supply chain robustness and engineering resilience have emerged, with the dominant emphasis being that disruptions are a wholly bad thing to be avoided or resisted. However, recent discourse in the supply chain disruption management literature, such as the social–ecological interpretation of supply chain resilience, suggests that disruptions can be positioned more positively as potential catalysts for growth. Yet little is known about the capabilities required for a supply chain to grow following disruption. The emerging concept of supply chain antifragility focuses specifically on growth, providing an arrowhead for investigating what enables firms to grow following disruption. Utilizing a metaphorical transfer method, this research translates the capabilities of individuals—those who grow psychologically and emotionally after experiencing trauma—into supply chain capabilities that enhance antifragility. Five key capabilities for building antifragility in supply chains are identified: supply chain mindfulness, supply chain transformative learning, supply chain plasticity, supply chain bricolage, and supply chain collaboration. Furthermore, a hierarchy of capabilities is revealed that points to a sequential approach to capitalizing on the potential growth opportunities presented by supply chain disruptions. The findings are sense-checked through focus groups with practitioners, informing the development of five propositions. This research contributes to theory development on handling supply chain disruptions by providing a capability blueprint for post-disruption growth that complements the literature on social–ecological supply chain resilience. Finally, this research highlights the value of metaphorical transfer as an innovative approach for understanding contemporary supply chain phenomena and advancing novel theoretical frameworks

Bottling location and the global wine supply chain : dollar, water and carbon trade-offs

Each year over 10 billion litres of wine are transported long distances to overseas consumers. Decisions about the large scale movement of wine influence company profitability and have critical environmental implications. One main environmental impact associated with the international movement of wine to markets is carbon emissions, while another issue growing in importance relates to water. This paper provides a foundation for understanding the trade-offs between cost, water use and carbon emissions in decisions about the form of distribution, bulk or bottled, and location of wine bottling plants. Given there has been little prior research into such trade-offs, our aim is to examine optimisation across alternative packaging, distribution and bottling scenarios using financial and environmental data from a wine company with global operations based in Australia. The paper makes two key contributions. First, a mathematical business model is developed for assessing scenarios using multiple indicators of economic and environmental impacts—supply chain costs, risk-weighted water usage and greenhouse gas emissions. Second, an anonymised case study helps highlight trade-offs required when considering optimal supply chain design.6 page(s