Supply chain integrating sustainability and ethics: Strategies for modern supply chain management
1 Amazon Robotics, USA.
2 Department of Corporate Services, Gelose Marine Services Nig. Ltd, Port Harcourt, River State, Nigeria.
3 NHS Lothian, United Kingdom.
Review Article
World Journal of Advanced Research and Reviews, 2024, 22(01), 1930-1953
Publication history:
Received on 20 March 2024; revised on 27 April 2024; accepted on 29 April 2024
Abstract:
This review paper explores the integration of sustainability and ethics in modern supply chain management, emphasizing the need for organizations to align their operations with environmental and social responsibilities. The objective is to synthesize existing research and practices to propose a comprehensive strategy for sustainable and ethical supply chain management.
The paper employs a systematic literature review, analyzing over 150 peer-reviewed articles and industry reports to assess the evolution of sustainability and ethics within supply chains. The research focuses on identifying core themes, challenges, and successful practices documented in the existing body of knowledge.
Key findings indicate that successful integration hinges on organizational commitment, regulatory compliance, and stakeholder involvement. The paper identifies transparency, traceability, and collaboration as pivotal elements that drive ethical and sustainable practices. Furthermore, it discusses the role of technological advancements such as block chain and AI in enhancing these practices.
The conclusion posits that integrating sustainability and ethics not only mitigates risks and enhances compliance but also provides competitive advantages in terms of innovation and market positioning. The paper recommends a strategic framework that includes policy development, training programs, and technology adoption to foster a culture of sustainability.
By providing a comprehensive review of current methodologies and outcomes, this paper contributes to the strategic discourse on improving supply chain operations through ethical and sustainable practices, offering valuable insights for academics and practitioners alike.
Keywords:
Fintech; Financial inclusion; Emerging markets; Mobile payments; Digital banking; Blockchain; Accessibility barriers; Digital divide; Trust; Regulatory challenges; Innovation; Collaboration; Socio-economic impact; Technology infrastructure; Digital literacy
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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