International Journal For Multidisciplinary Research

E-ISSN: 2582-2160   •   Impact Factor: 9.24

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Impact of Sustainable Procurement Practices Inducing Supply Chain Management's Stewardship

Author(s) J. Ramjan Bee, K. Bhuvaneswari
Country India
Abstract The adoption of sustainable procurement strategies in supply chain management is becoming increasingly evident as a means of achieving environmental stewardship and long-term corporate performance. The impact of sustainable procurement methods on social responsibility, economic efficiency, and environmental performance is the main emphasis of this study’s investigation of how to incorporate them into supply chain management. It looks at important tactics such life cycle assessment, green purchasing, and supplier evaluation and selection, highlighting the advantages and difficulties of each. This research provides useful insights for companies looking to improve their sustainability performance by identifying key drivers of the adoption of sustainable procurement through a thorough literature review and analysis. The result indicate that although sustainable procurement techniques can result in notable enhancement in sustainability outcomes, their effective execution necessitates a comprehensive approach.
Keywords Sustainable procurement, Supply chain management, Environmental performance, Green purchasing, Supplier Evaluation.
Field Business Administration
Published In Volume 6, Issue 3, May-June 2024
Published On 2024-06-07
Cite This Impact of Sustainable Procurement Practices Inducing Supply Chain Management's Stewardship - J. Ramjan Bee, K. Bhuvaneswari - IJFMR Volume 6, Issue 3, May-June 2024. DOI 10.36948/ijfmr.2024.v06i03.22056
DOI https://doi.org/10.36948/ijfmr.2024.v06i03.22056
Short DOI https://doi.org/gtzjn7
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