Exploring the financial flows in sustainable supply chains: Toward a conceptualization of sustainable supply chain finance (SSCF)
24th International Conference on Production Research. Poznan. 2017
Erscheinungsjahr: 2017
Publikationstyp: Diverses (Konferenzbeitrag)
Sprache: Englisch
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Inhaltszusammenfassung
Recent research has started to consider the significance of information and financial flows and their interdependencies with the movement of materials and services. The financial and information flows are critical in supporting and advancing sustainable products and services and ensuring that companies can deliver on a promise of healthy people and a sustainable planet. The financial flows, which are the focus of this research, consider payment terms, incentives, investment and revenue stream...Recent research has started to consider the significance of information and financial flows and their interdependencies with the movement of materials and services. The financial and information flows are critical in supporting and advancing sustainable products and services and ensuring that companies can deliver on a promise of healthy people and a sustainable planet. The financial flows, which are the focus of this research, consider payment terms, incentives, investment and revenue streams across a multi-tier supply chain. It is proposed that by considering the financial flows alongside the material flows allows for additional ways to support and stimulate triple bottom line (TBL, i.e. economic, environmental and social) impact within supply chains. Better understanding the financial flows will advance research in sustainable supply chain design and add to the theory of supply chain. However, there is a need for further research that understands how companies can utilize the financial flows to facilitate TBL sustainable outputs and outcomes in the ultimate (end-to-end) supply chain. This research strives to explore and conceptualize the interface between sustainable supply chain design and financial flows in a supply chain. It highlights how need for capital and sustainability risks are distributed unequally along supply chains, and how firms can both enable and reward investments into sustainability by upstream and downstream supply chain members via supply chain finance (SCF). The paper aims to apply case study research to analyse financial flow configurations and mechanisms that promote sustainability performance in supply chains. The preliminary results suggest that many corporations still have untapped potential to enable and reward sustainability in their supply chains. Discover the world's research» weiterlesen» einklappen
Autoren
Klassifikation
DFG Fachgebiet:
Wirtschaftswissenschaften
DDC Sachgruppe:
Wirtschaft