IDEAS home Printed from https://ideas.repec.org/a/nwe/eajour/y2020i2p283-299.html
   My bibliography  Save this article

Strategic Supply Chain Management with the Balanced Scorecard

Author

Listed:
  • Dobroslav Mollov

    (University of World and National Economy, Sofia, Bulgaria)

Abstract

The strategic management of the supply chain includes the formulation and implementation of a supply chain strategy as well as the assessment of the results. Undoubtedly, the formulation of a supply chain strategy is part of each of the three levels of strategic planning: corporate, business unit, and functional. For successful strategic management of the supply chain, an integrated approach is needed to link the supply chain strategy with the overall strategic management of the company. It is the Balanced Scorecard which seems to be a suitable and effective tool for this purpose. The Balanced Scorecard focuses on formulating a supply chain strategy, linking it to the corporate vision and turning it into particular actions to achieve the strategic objectives. In this article, a methodology for strategic supply chain management is proposed based on the Balanced Scorecard as an instrument for supply chain strategy formulation and implementation. The methodology consists of twelve steps, each of which is commented in more detail. The article aims at filling the gap identified in the literature devoted to strategic aspects of supply chain management.

Suggested Citation

  • Dobroslav Mollov, 2020. "Strategic Supply Chain Management with the Balanced Scorecard," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 2, pages 283-299, June.
    • Handle: RePEc:nwe:eajour:y:2020:i:2:p:283-299
    as

    Download full text from publisher

    File URL: https://www.unwe.bg/doi/eajournal/2020.2/EA.2020.2.06.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ben Naylor, J. & Naim, Mohamed M & Berry, Danny, 1999. "Leagility: Integrating the lean and agile manufacturing paradigms in the total supply chain," International Journal of Production Economics, Elsevier, vol. 62(1-2), pages 107-118, May.
    2. Dobroslav Mollov, 2007. "Knowledge in the Context of Strategic Management of an International Company," Nauchni trudove, University of National and World Economy, Sofia, Bulgaria, issue 2, pages 289-332, November.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. François Fulconis & Gérard Roveillo & Gilles Paché, 2008. "Transport, poor relation or pillar of contemporary supply networks? [Le transport, parent pauvre ou pièce maîtresse des schémas d’approvisionnement contemporains ?]," Post-Print hal-02491721, HAL.
    2. Nurmilaakso, Juha-Miikka, 2008. "Adoption of e-business functions and migration from EDI-based to XML-based e-business frameworks in supply chain integration," International Journal of Production Economics, Elsevier, vol. 113(2), pages 721-733, June.
    3. Jacobs, Mark A. & Yu, Wantao & Chavez, Roberto, 2016. "The effect of internal communication and employee satisfaction on supply chain integration," International Journal of Production Economics, Elsevier, vol. 171(P1), pages 60-70.
    4. Davies, Jennifer & Sharifi, Hossein & Lyons, Andrew & Forster, Rick & Elsayed, Omar Khaled Shokry Mohamed, 2024. "Non-fungible tokens: The missing ingredient for sustainable supply chains in the metaverse age?," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 182(C).
    5. Natalia Szozda & Artur Świerczek, 2022. "Upstream and downstream dyad governance within the network structures: Creating supply chain governance for the customized products," Electronic Markets, Springer;IIM University of St. Gallen, vol. 32(2), pages 873-898, June.
    6. White, A. & Daniel, E.M. & Mohdzain, M., 2005. "The role of emergent information technologies and systems in enabling supply chain agility," International Journal of Information Management, Elsevier, vol. 25(5), pages 396-410.
    7. Frankel, Robert, 2006. "The role and relevance of refocused inventory: Supply chain management solutions," Business Horizons, Elsevier, vol. 49(4), pages 275-286.
    8. Hoogstra-Klein, Marjanke A. & Meijboom, Kars, 2021. "A qualitative exploration of the wood product supply chain – investigating the possibilities and desirability of an increased demand orientation," Forest Policy and Economics, Elsevier, vol. 133(C).
    9. Lyons, Andrew Charles & Um, Juneho & Sharifi, Hossein, 2020. "Product variety, customisation and business process performance: A mixed-methods approach to understanding their relationships," International Journal of Production Economics, Elsevier, vol. 221(C).
    10. Hariyani, Dharmendra & Mishra, Sanjeev & Hariyani, Poonam & Sharma, Milind Kumar, 2023. "Drivers and motives for sustainable manufacturing system," Innovation and Green Development, Elsevier, vol. 2(1).
    11. Naim, Mohamed M. & Gosling, Jonathan, 2011. "On leanness, agility and leagile supply chains," International Journal of Production Economics, Elsevier, vol. 131(1), pages 342-354, May.
    12. Vaagen, Hajnalka & Wallace, Stein W., 2008. "Product variety arising from hedging in the fashion supply chains," International Journal of Production Economics, Elsevier, vol. 114(2), pages 431-455, August.
    13. Ilkka Sillanpää, 2012. "Empirical Study of Measuring Supply Chain Performance," MIC 2012: Managing Transformation with Creativity; Proceedings of the 13th International Conference, Budapest, 22–24 November 2012 [Selected Papers],, University of Primorska, Faculty of Management Koper.
    14. Rojalin Patri & M. Suresh, 2017. "Modelling the Enablers of Agile Performance in Healthcare Organization: A TISM Approach," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 18(3), pages 251-272, September.
    15. Hiroko Nakamura & Shinji Suzuki & Tomobe Hironori & Yuya Kajikawa & Ichiro Sakata, 2011. "Citation lag analysis in supply chain research," Scientometrics, Springer;Akadémiai Kiadó, vol. 87(2), pages 221-232, May.
    16. François Fulconis & Gilles Paché, 2005. "Exploiting Scm As Source Of Competitive Advantage: The Importance Of Cooperative Goals Revisited," Post-Print hal-02304245, HAL.
    17. Naim, Mohamed & Aryee, Gilbert & Potter, Andrew, 2010. "Determining a logistics provider's flexibility capability," International Journal of Production Economics, Elsevier, vol. 127(1), pages 39-45, September.
    18. Ruth Banomyong, 2009. "Supply Chain Dynamics in Asia," IDB Publications (Working Papers) 46421, Inter-American Development Bank.
    19. Diana Chronéer & Peter Wallström, 2016. "Exploring Waste and Value in a Lean Context," International Journal of Business and Management, Canadian Center of Science and Education, vol. 11(10), pages 282-282, September.
    20. Sepvina Mutikasari, 2019. "Analysis of how agile manufacturing capabilities could be used differently in plants within the footloose and rooted subnetworks of the global production network," Journal of Administrative and Business Studies, Professor Dr. Usman Raja, vol. 5(5), pages 269-280.

    More about this item

    Keywords

    supply chain; supply chain strategy; strategic supply chain management; Balanced Scorecard;
    All these keywords.

    JEL classification:

    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nwe:eajour:y:2020:i:2:p:283-299. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Vanya Lazarova (email available below). General contact details of provider: https://edirc.repec.org/data/unweebg.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.