Frugal supply chains: a managerial and societal perspective

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.

Innovation and the circular economy: A systematic literature review

“…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. Finally, Ferasso et al (2020) carry out a systematic literature review of business models and the CE based on key interrelated themes identified: product, technology, industry, strategy, and sustainability.…”

Tedari̇k Zi̇nci̇rleri̇nde Tutumlu İnovasyonun Etki̇leri̇

“…Planlı eskitme stratejisi ile yeninin her zaman daha iyi olduğu anlayışı uyum içerisinde varlığını sürdürmektedir. Ekonomik sıkıntıların da daha fazla ürün üretilerek aşılacağı inancı üreticilerin planlı eskitme stratejisini, tüketicilerin ise yeniyi tercih etme eğilimini desteklemektedir (Fulconis, Pache, & Reynaud, 2019).…”

Relationship between MDA and juvenile crime and its impact on socioeconomic development – a theoretical framework for business and economics

“…Policymakers with limited budget constraints would have used this money on youth development programs such as a training session in high school to become a successful entrepreneur. For example, an introductory training on strategic planning process (Barron and Chou, 2017) and supply chain (Fulconis et al, 2018) would be implemented in high school. In this way, a higher MDA can prevent juvenile crime in the short run and help to enhance the business in the long run and the economy as well.…”