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‘Green' Supply Chain Management: Resource Allocation Strategies for Sustainable Operations
Abstract
Operational practices of ‘green' supply chain processes within as well as across the firm boundaries are strongly linked with the firm performance. However, the desire for such practices is governed by external and/or internal factors. The challenge, therefore, for supply chain and operations managers is to design and develop an operations strategy that ensures the firms investments in such ‘green' initiatives. We develop a theoretical framework for resource allocation strategies for sustainable manufacturing operations that can be characterized as speculative, responsible, efficient, and sustainable resource allocation. This can aid managers in characterizing and controlling the firm's underlying operational processes and guide resource allocation decisions at strategic level.
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