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To identify the critical success factors of sustainable supply chain management practices in the context of oil and gas industries: ISM approach

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  • Raut, Rakesh D.
  • Narkhede, Balkrishna
  • Gardas, Bhaskar B.

Abstract

The concept of sustainable supply chain management (SSCM) has been considered as an important organizational philosophy to achieve profits by reducing environmental risk and impact while improving the economic and social efficiency factors (ESEF). The objective of this paper is to present an approach to identify the critical success factors (CSFs) of motivation and encouragement, for the successful implementation of SSCM practices in Indian oil and gas industries. 32 CSFs were identified from the literature and opinions of academicians and industry practitioners. The Interpretive Structural Modeling (ISM) methodology was used for establishing the mutual relationships among the drivers, which not only helps in understanding the relative relationship between the CSFs but also in determining their interdependence while implementing sustainability. Further, the importance of CSFs with respect to sustainability was identified based on their driving and dependence power by using MICMAC analysis. “Global Climatic Pressure and Ecological Scarcity of Resources” was determined to be the most influential criterion that may force industries to implement sustainable practices. An example of Indian oil and gas industry has been presented to show the real-world applicability of the proposed model. This study may help academicians, government regulators, and practitioners to emphasize their efforts towards implementation of SSCM at various levels of organization.

Suggested Citation

  • Raut, Rakesh D. & Narkhede, Balkrishna & Gardas, Bhaskar B., 2017. "To identify the critical success factors of sustainable supply chain management practices in the context of oil and gas industries: ISM approach," Renewable and Sustainable Energy Reviews, Elsevier, vol. 68(P1), pages 33-47.
    • Handle: RePEc:eee:rensus:v:68:y:2017:i:p1:p:33-47
    DOI: 10.1016/j.rser.2016.09.067
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