Track: Sustainability and Green Systems
Abstract
Various approaches to model sustainable supply chain management can be cited in literature. This paper begins by explaining the concept of a sustainable supply chain management through its three pillars: environmental sustainability, social sustainability, and economic sustainability. The paper then summarizes four different approaches to modelling a sustainable supply chain found in Literature. These are:
- Using the Economic dimension: This involves economic issues and includes aspects of costs and revenues. Researches in this dimension follow a Life cycle Assessment (LCA) approach.
- Using the Environmental dimension: Here energy demand and CO2 emissions are chief criteria under observation. Here too one can find LCA based approaches towards modelling the sustainable supply chain.
- Using the Social dimension: The social dimension includes aspects such as Corporate Social Responsibility and the relationship which business needs to have with society including aspects such as income redistribution, unemployment etc.
- Integrating all dimensions: This is perhaps the most important approach to model a sustainable supply chain. Most often, this studies aspects of trade-offs between the three dimensions