Role of sustainability in wholesale business: How it affects strategy
A manager in the field of wholesale trade with a holistic view of the industry. USA.
Review Article
World Journal of Advanced Research and Reviews, 2024, 24(01), 2804-2807
Publication history:
Received on 02 September 2024; revised on 21 October 2024; accepted on 28 October 2024
Abstract:
The article analyzes the integration of sustainability principles into the strategic management of wholesale companies. It examines the concept of sustainability, including environmental, social and governance (ESG) aspects, and its increasing importance for businesses operating as a link in supply chains. The objective of the study is to assess how the adoption of sustainability principles influences the formation and implementation of business strategies in the wholesale sector. The objectives include identifying practical measures for implementing sustainability in the operations of wholesale companies, analyzing the impact of these measures on risk management, competitiveness and stakeholder interaction, and discussing barriers to integration. The results show that sustainable development is transforming the strategic landscape of wholesale trade, creating both challenges and opportunities for long-term value creation. The article may be useful for wholesale managers and supply chain management specialists.
Keywords:
Sustainable Development; Wholesale Trade; Business Strategy; Supply Chain Management; ESG; Corporate Social Responsibility; Green Logistics; Sustainable Procurement; Risk Management.
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Copyright information:
Copyright © 2024 Author(s) retain the copyright of this article. This article is published under the terms of the Creative Commons Attribution Liscense 4.0