Assessment of Sustainability in Supply Chain Management: Literature Study

Main Article Content

Prin Weerapong
Putthiwat Singhdong

Abstract

This research extensively delves into sustainability measurement in supply chains, examining its importance, approaches, challenges, and prospects. The research commences by analyzing the multifaceted nature of sustainability, including environmental, social, and economic dimensions, and their incorporation into supply chain management methodologies. It highlights several frameworks and tools employed for measurement, such as life cycle assessments, social audits, and economic impact studies, emphasizing the intricate and varied nature of these methodologies. The study examines primary obstacles in measuring sustainability, including the complexity of global supply networks, diverse industries, and the lack of internationally recognized standards. These barriers serve to complicate the process of collecting, analyzing, and comparing data across various businesses and industries. Furthermore, the paper investigates emerging trends, namely the impact of cutting-edge technologies such as blockchain, the Internet of Things (IoT), and artificial intelligence on improving the precision and comprehensiveness of measurements. Moreover, the research examines the incorporation of sustainability measurement into other management systems, such as risk management and financial reporting, which demonstrates the increasing acknowledgment of sustainability as a fundamental business goal. The study underscores the significance of involving stakeholders and the necessity for more flexible and responsive quantification methods to tackle changing sustainability issues. In conclusion, the study consolidates important results and suggests areas for further investigation, such as the creation of uniform measurement frameworks, enhanced techniques for evaluating multi-tier supply chains, and approaches for successful implementation in small and medium-sized businesses. This paper enhances the evolving discipline of sustainable supply chain management by offering a comprehensive analysis of existing methods, obstacles, and potential future directions in sustainability assessment.

Article Details

How to Cite
Weerapong, P., & Singhdong, P. (2024). Assessment of Sustainability in Supply Chain Management: Literature Study. Social Science Innovation and Applied Management (SIAM), 1(1), 639. https://doi.org/10.60101/siam.2024.639
Section
Research Articles

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