Concept of Sustainability is a multidimensional construct that focuses on using resources efficiently in the ways that economic bottom line increases as well as the return on investments when additional factors of greater ecological responsibility and social considerations are taken into account. Supply chains have become the major sources of serious environmental problems as they cause waste and emissions leading to acid rain and global warming. This has led to pressure on the organizations by the internal and external stakeholders. A wide range of research has already been done by academics on sustainable supply chains, where they define the concept of sustainability about the supply chain, emphasizing the benefits and importance of the same.
However, there is lacking in the integrated perspective as the studies are more limited in context because of consideration to an environmental dimension at the individual level. Increasing concern over the subject matter has disclosed the need of a systematic and integrated point of view.
Concept of Sustainability
Sustainability has emerged as an essential condition for competitiveness and long-term profitability thus leading to gain much attention in last few decades.
The awareness about the significance of profitability results in much external and internal pressure, such as stakeholder actions, legislative factors etc. It has become a challenging issue to deal with and manage sustainability, and it has not only economic aspects but also social and environmental aspects.
On the other hand, sustainability is recognized globally as the source of achieving strategic goals. The sustainability is a multidimensional construct that focuses on using resources efficiently in the ways that economic bottom line increases as well as the return on investments when additional factors of greater ecological responsibility and social considerations are considered.
No business is isolated in today’s world, which means there is extreme influence of relationship management for which actions beyond the boundaries are to be carried out
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