Frugal supply chains: a managerial and societal perspective
TL;DR: The challenges of frugal supply chain are detailed for a set of private and public stakeholders in this paper, and the practices described in the paper aim at stimulating a new view of logistics management, based on the principles of sustainable development.
Abstract: Purpose
The paper aims to introduce the issue of supply chain management in the context of increasingly rare and costly resources and to define the notion of frugal supply chain, in particular, in reference to the development of circular economy. The challenges of frugal supply chain are detailed for a set of private and public stakeholders.
Design/methodology/approach
As a programmatic viewpoint, this paper aims at developing debates regarding the future of supply chains, building upon current technical and managerial innovations.
Findings
Frugal supply chains constitute a new business perspective. It transforms the way value creation process is considered, in reference to the models of circular economy, and the systems in which companies evolve. The circular economy represents many opportunities for new forms of growth in the context of rare resources, and it raises several challenges for a variety of stakeholders, more or less, involved in the management of closed loop supply chains.
Practical implications
Frugal strategies in a supply chain context may provide both a source of competitive advantage for companies and an enhancement of their commitment to society.
Social implications
The practices described in the paper aim at stimulating a new view of logistics management, based on the principles of sustainable development. Frugal supply chains offer the possibility of reflecting on a more moderate, sensible and effective use of several commons by taking part in the conservation of rare resources for future generations.
Originality/value
This viewpoint introduces the concept of frugal supply chains, rarely approached in the literature, and it offers the opportunity to open debates on managerial and societal challenges linked to logistics strategies and, more broadly, to inter-organizational relations.
Citations
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102 citations
Cites background from "Frugal supply chains: a managerial ..."
...Fulconis et al. (2019) introduce the concept of frugal chains of production, especially within the CE context, from the perspective of companies, consumers, and public management....
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...Fulconis et al. (2019) introduce the concept of frugal chains of production, especially within the CE context, from the perspective...
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...…and Danisman (2019) Khan et al. (2020a) De Angelis (2020) Frishammar and Parida (2019) Dewick et al. (2019) Khan et al. (2020b) Florido et al. (2019) Fulconis et al. (2019) Dur an-Romero et al. (2020) Mishra et al. (2020) Gedminaitė-Raudonė et al. (2019) Ghadimi et al. (2020) García-Quevedo et…...
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TL;DR: HAL as discussed by the authors is a multi-disciplinary open access archive for the deposit and dissemination of scientific research documents, whether they are published or not, which may come from teaching and research institutions in France or abroad, or from public or private research centers.
Abstract: HAL is a multi-disciplinary open access archive for the deposit and dissemination of scientific research documents, whether they are published or not. The documents may come from teaching and research institutions in France or abroad, or from public or private research centers. L’archive ouverte pluridisciplinaire HAL, est destinée au dépôt et à la diffusion de documents scientifiques de niveau recherche, publiés ou non, émanant des établissements d’enseignement et de recherche français ou étrangers, des laboratoires publics ou privés.
9 citations
Posted Content•
TL;DR: In this paper, a socio-discursive socio-critique du Zeitgeist des decroissants, on montre que ce mouvement social n'est pas homogene, qu'il presente plusieurs voix ; qu'l existe des invariants, transhistoriques, qui font que ces voix entretiennent de fortes homologies avec d'autres, passees; qu'la decroissance vers une cacophonie, plus qu'une polyphonie.
Abstract: Operant par une analyse socio-discursive du Zeitgeist des decroissants, on montre que ce mouvement social n'est pas homogene, qu'il presente plusieurs voix ; qu'il existe des invariants, transhistoriques, qui font que ces voix entretiennent de fortes homologies avec d'autres, passees ; qu'il existe des antagonismes tels que ces voix inclinent la decroissance vers une cacophonie, plus qu'une polyphonie.
5 citations
01 Jan 2021
TL;DR: In this paper, the authors summarize the transformation of supply chains from linear to circular and circular to sharing in a clear and effective context of understanding the supply chain transformation, and also focus on ways to improve the sustainability of supply chain by identifying perilous issues and areas of by using supply chain management and measurement tools available from different agencies in evaluating their current supply chain sustainability level, setting the sustainability goals in par with the government regulations and recommendations, selecting sustainable suppliers to reduce the environmental risks, exploring the possibilities of sharing the networks and also carbon offsetting by investing in environmentally friendly initiatives for organizations
Abstract: Supply chain plays a vital role in all competitive business organizations. Supply chain of any organization connects inputs to outputs ensuring production of finished goods and delivering them to consumers. Quantity of waste generated, carbon footprint, other emissions, air pollution, deforestation, labor welfare, and health and safety are generally considered as factors that affect the sustainability of any supply chain. Raising environmental and social concerns of governments has forced the organizations to rework on their supply chain and making them sustainable. The major focus is toward closing the loop of the supply chain in all possible ways. Sustainable supply chain management focuses on addressing the environmental, social, economic, and legal facets of supply chain and its components. Responsible sourcing and supply chain partnerships made the contemporary organizations to develop and practice the best green operations and logistics with better industrial standards for worker’s safety, environmental protection, and adopt business ethics to be socially responsible. This chapter will summarize the transformation of supply chains from linear to circular and circular to sharing in a clear and effective context of understanding the supply chain transformation. This chapter will also focus on ways to improving the supply chain sustainability by identifying perilous issues and areas of by using supply chain management and measurement tools available from different agencies in evaluating their current supply chain sustainability level, setting supply chain sustainability goals in par with the government regulations and recommendations, selecting sustainable suppliers to reduce the environmental risks, exploring the possibilities of sharing the networks, and also carbon offsetting by investing in environmentally friendly initiatives for organizations which cannot work on sustainable strategies.
3 citations
TL;DR: In this article, an economic model of crime that shows a hypothetical relationship between an MDA and contemporaneous juvenile crime in the community was developed. But the authors did not consider the impact of the MDA on the crime rate.
Abstract: A minimum dropout age (MDA) requires potential dropouts to stay in school until graduation. Most countries have an MDA at least 16. An MDA greater than 16 requires potential dropouts to stay in school for at least one more year, which immediately reduces their available time and opportunities to commit a crime in the community. This study aims to examine how a higher MDA reduces crime in the community. The authors then show a higher MDA helps potential dropouts to become an entrepreneur.,The authors develop an economic model of crime that shows how an MDA greater than 16 affects contemporaneous juvenile crime in the community. Considering an MDA of 16 as a benchmark MDA, a hypothetical example with simulated data on the USA is used. The authors then show how a higher MDA offers a financial opportunity for the professional development programs.,An MDA greater than 16 reduces crime in the community. Reducing crime allows preventing social and monetary cost on juvenile delinquency. This economic efficiency offers a financial ability for adolescent training and other development programs and thereby reduces unemployment and other adverse consequences of the society.,Unlike previous studies, the authors develop an economic model of crime that shows a hypothetical relationship between an MDA and contemporaneous juvenile crime in the community. A higher MDA allows more financial ability for juvenile development programs in high school to improve the entrepreneurial skills.
2 citations
References
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TL;DR: In this article, a revised definition of the circular economy is proposed, where planning, resourcing, procurement, production and reprocessing are designed and managed, as both process and output, to maximize ecosystem functioning and human well-being.
Abstract: There have long been calls from industry for guidance in implementing strategies for sustainable development. The Circular Economy represents the most recent attempt to conceptualize the integration of economic activity and environmental wellbeing in a sustainable way. This set of ideas has been adopted by China as the basis of their economic development (included in both the 11th and the 12th ‘Five Year Plan’), escalating the concept in minds of western policymakers and NGOs. This paper traces the conceptualisations and origins of the Circular Economy, tracing its meanings, and exploring its antecedents in economics and ecology, and discusses how the Circular Economy has been operationalized in business and policy. The paper finds that while the Circular Economy places emphasis on the redesign of processes and cycling of materials, which may contribute to more sustainable business models, it also encapsulates tensions and limitations. These include an absence of the social dimension inherent in sustainable development that limits its ethical dimensions, and some unintended consequences. This leads us to propose a revised definition of the Circular Economy as “an economic model wherein planning, resourcing, procurement, production and reprocessing are designed and managed, as both process and output, to maximize ecosystem functioning and human well-being”.
1,641 citations
TL;DR: In this article, the authors provide a comprehensive review of research efforts encompassing aspects of resources scarcity, waste generation and economic advantages; explore the CE landscape in the context of these three aspects especially when they are considered simultaneously; based on an idea of a comprehensive CE framework, propose an implementation strategy using top-down and bottom-up approach in a concurrent manner.
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TL;DR: In this paper, the authors introduce the reader to the field of closed-loop supply chains with a strong business perspective, i.e., they focus on profitable value recovery from returned products.
Abstract: The purpose of this paper is to introduce the reader to the field of closed-loop supply chains with a strong business perspective, i.e., we focus on profitable value recovery from returned products. It recounts the evolution of research in this growing area over the past 15 years, during which it developed from a narrow, technically focused niche area to a fully recognized subfield of supply chain management. We use five phases to paint an encompassing view of this evolutionary process for the reader to understand past achievements and potential future operations research opportunities.
1,201 citations
TL;DR: In this paper, the authors examine whether supplier involvement in new product development can produce significant improvements in financial returns and/or product design performance and test these proposed relationships using survey data collected from a group of global organizations and find support for the relationships based on the results of a multiple regression analysis.
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Abstract: This article tests a transactions cost theory of vertical integration with data from the U S. automobile industry. Existing theory is first refined to take into account industrial know-how and the cost of transferring such know-how. A testable model is then developed, which is estimated by using probit techniques. The results support the view that transactions cost considerations surrounding the development and deepening of human skills have important ramifications ]br delineating efficient organizational boundaries.
1,118 citations