Prioritising risk mitigation strategies for environmentally sustainable clothing supply chains: Insights from selected organisational theories

Majumdar, Abhijit; Sinha, Sanjib; Govindan, Kannan

doi:10.1016/j.spc.2021.06.021

Cited by 65 publications

(36 citation statements)

References 93 publications

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“…For each risk factor and being compared to other risk factors on the list, a priority evaluation is provided and the results are presented in Table 4 with the final weight of the risk factors in the vertical collaborative concept. The results obtained in Table 4 highlight that the use of the concept of vertical collaboration in the supply chain shows that the main focus of the partners should be aimed towards the risk of Production interruption of the end customer since it is the most blocking risk factor to the supply chain and also the order accomplishment risk that provides a high priority as well (Majumdar et al, 2021).…”

Section: Risk Assessment In Vertical Collaborative Supply Chainmentioning

confidence: 99%

Supply chain risk management and flexibility to manage the disturbances of global crises

Ben-Faress¹

2022

Int. j. adv. appl. sci.

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A global crisis successfully creates conflicts, which endanger the performance of the automotive supply chain with its total actors. Risk management throughout a worldwide crisis necessitates dissimilar techniques and procedures to the risk management perspective and approaches practiced for a steady market and stable situations, in order to overcome the supply chain vulnerabilities and disruptions towards the triggered issues of suppliers and demand. The main purpose of this paper, unlike the previous works, is to implement innovative tactics and means to make the supply chain of the automotive industry more resilient and flexible towards global crises to minimize the damages, taking the automotive industry's performance within the Coronavirus pandemic as a field of study and the juxtaposed complications presented in parallel from suppliers and customers to result in a robust technique to create strategic flexibility and balance for production units to manage the jeopardies within and post the global crises. This research, using the analytical hierarchical process for the assessment of the vertical collaboration alternatives, enables the supply chain actors to adopt the most adequate alternative for each category of risks and actors. However, the limitations presented for this study are to overcome the need for risk mitigation by preventing the appearance and bringing the probability to zero percent of the presence of the risks in the whole supply chain of the automotive industry.

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Section: Risk Assessment In Vertical Collaborative Supply Chainmentioning

confidence: 99%

Supply chain risk management and flexibility to manage the disturbances of global crises

Ben-Faress¹

2022

Int. j. adv. appl. sci.

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“…According to Majumdar, Sinha and Govindan (2021), the risk avoidance is not risk mitigation, risk management is a continuous process across the organization designed to identify, assess and frame a response to threats that affect the achievement of its objectives. It enables management to prepare for risks before they devolve to improve the operational effectiveness.…”

Section: Stratford Peer Reviewed Journals and Book Publishing Journal...mentioning

confidence: 99%

“…Determination of the risk appetite allows management to deploy resources according to the need. We firmly believe that to ensure effective risk management, there ought to be risk management plans to handle the risks based on the priorities and challenges of the business to (Majumdar, 2021). The factors involved in identified risks must be considered and the accuracy of assessment is very important.…”

Section: Stratford Peer Reviewed Journals and Book Publishing Journal...mentioning

confidence: 99%

The Impact of Strategic Project Management on Performance of Taiwan’s Textile Industry

Yingzhen

2022

JOEPM

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With competition increasing technology companies have become more aggressive in their pursuit of customers and funding many are relying more on external relationships to achieve their strategic objectives. Executives must be creative, strategic, pragmatic, and aggressive in forming project managements. They must also remain cautious and pay attention to detail when framing and executing against the partnership objectives. Nearly two-thirds of all project managements experience severe problems and most problems are found within companies with less project management experience. If you overlook basic management principles during the initial courtship, the project management will suffer. Successful partnerships often create a formal project management process that incorporates some form of project management integration, management, negotiation, and assessment. Self-assessment and partner assessment is critical, and needs to be built into the overall process. These have lately presented themselves in a variety of failures that range from financial failure, epidemics, and other natural calamities; violent actions among staffs and from terrorist factions as well. The private sector is confronting change as varied organizations experienced transitions, as a result of strong competition and compelling technological advances that arise during periods of socio-economic and political progress. Firms do not manage these factors by themselves but will respond to changes if they are required to strategically devise schemes. To be resilient, firms will need to use intensively strategic planning in turbulent and changing situations in order to survive and thrive. It is the responsibility of managers and leaders in firms to consider all these types as possibilities for crises and have strategic and tactical plans, as a result crises could be rapidly resolved or prevented from happening. Strategic planning is critical to make sure that the textile sector is prepared to meet future difficulties. Modern strategy-oriented planning comprises a lengthy system for realizing a vision or managing future environmental conditions. The processes are neither fully prescriptive nor fully clear. Given this assumption, we typically characterize strategy-oriented planning processes in terms of structured activities that continually cover objectives and mission, survey the competitive environment, analyses strategic options, and coordinate implementing activities throughout an entire organization. Keywords: Strategic project management, Performance, Textile Sector, Taiwan

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“…Moreover, the findings showed that firms subject to financial difficulties tend to build an environmentally responsible image and contribute more to environmental protection. Meanwhile, Majumdar et al [47] also pointed out that aligning economic incentives and revenue sharing was the dominant risk mitigation strategy for an environmentally sustainable apparel supply chain.…”

Section: Subsidy and Remanufacturingmentioning

confidence: 99%

How to subsidizing the used apparel recycling supply chains effective? An analysis based on the game framework

wang

2022

RAIRO-Oper. Res.

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Motived to find the optimal subsidy strategies in the used apparel recycling supply chains}, we established a benchmark recycling model including a brand retailer and a remanufacturer, and we extended the benchmark model based on different subsidy scenarios: (a) the government subsidizes the remanufacturer, (b) the government subsidizes the retailer's remanufacturing part, (c) the government subsidizes all recycled apparel from the retailer. The constructed models showed some interesting results. (1) Both the strategies (a) \& (b) drove the same recycling efforts. The remanufacturer maybe mistakenly believe its profits could increase with the lower procurement price in scenario (b). However, the profits were the same in both scenarios. (2) The strong consumer sensitivity to recycling efforts not only increased the retailer's profits but also dropped the remanufacturer's profits. Therefore, the strong consumer sensitivity is not good for all players. (3) The donation ratio should be within a reasonable range. Otherwise, the remanufacturer's profit decreases, and even the remanufacturer withdraws from the supply chain. (4) The optimal subsidy strategy for the supply chain members is that the government subsidizes all recycled from the retailer. Based on our findings, some management insights and suggestions are presented.

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Prioritising risk mitigation strategies for environmentally sustainable clothing supply chains: Insights from selected organisational theories

Cited by 65 publications

References 93 publications

Supply chain risk management and flexibility to manage the disturbances of global crises

Supply chain risk management and flexibility to manage the disturbances of global crises

The Impact of Strategic Project Management on Performance of Taiwan’s Textile Industry

How to subsidizing the used apparel recycling supply chains effective? An analysis based on the game framework

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