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Sustainable Supplier Selection: A Case of Indian SME

In: Managing in Recovering Markets

Author

Listed:
  • Jitendar Bittoo Khatri

    (Management Development Institute (MDI))

  • Manoj Srivastava

    (Management Development Institute (MDI))

Abstract

The challenges offered by sustainable manufacturing deeply affect supply chain strategies and the entire procurement process. The need to improve organizational efficiency, overcome supply chain risks, achieve competitive position, and realize zero wastes, concern for the environment, and awareness among consumers has made companies to start considering triple bottom line (3BL) sustainable value creation approach in their supply chain strategy. Supplier selection is an important process for achieving this objective. Only through the active participation of suppliers, the buying firms can truly integrate societal, environmental, and economic sustainability in their supply chains. There are limited examples, within the context of developing economies like India, where firms have adopted 3BL sustainability approach in their procurement process. This paper deals with specific considerations of sustainability approach by an Indian automotive Tier-I, aluminum die casting parts manufacturing company. The company develops and applies an AHP-based model for ranking raw material suppliers. Implication of this approach, limitations, and future research direction conclude this paper.

Suggested Citation

  • Jitendar Bittoo Khatri & Manoj Srivastava, 2015. "Sustainable Supplier Selection: A Case of Indian SME," Springer Proceedings in Business and Economics, in: S. Chatterjee & N.P. Singh & D.P. Goyal & Narain Gupta (ed.), Managing in Recovering Markets, edition 127, chapter 0, pages 441-452, Springer.
    • Handle: RePEc:spr:prbchp:978-81-322-1979-8_35
    DOI: 10.1007/978-81-322-1979-8_35
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