Project portfolio selection for increasing sustainability in supply chains

Abstract

Sustainability practices impact on the competitiveness of organizations. Enterprises need approaches that both support the implementation of these practices by helping to define the strategic elements of sustainable supply chains and prioritize projects to increase profitability. The purpose of this paper is to propose an approach using the Analytic Hierarchy Process that supports the portfolio project decision by aligning the project selection process to the strategic objectives of a supply chain that pursue sustainability. This approach will benefit enterprises to prioritize projects that have the highest impact on the sustainability strategy of the supply chain over time. The approach has been applied to an Agri-food supply chain.

An Integrative Review of Project Portfolio Management Literature: Thematic Findings on Sustainability Mindset, Assessment, and Integration

“…Here, the focus was on balancing economic, social, and environmental sustainability for multiple projects of a portfolio. Another theme was that some authors proposed extended or tailored definitions of sustainability in the PPM context (Silvius & Schipper, 2020; Verdecho, 2020; Villamil & Hallstedt, 2021). For example, Villamil and Hallstedt (2021) defined the sustainable product portfolio as “a process to set a company platform of solutions, such as a cluster of products, services, technologies, and/or customized options, based on the company strategic plan and assessed by a strategic sustainability perspective” (2021, p. 396).…”