Supply chain surplus

Comparing conventional and sustainable supply chains

Kibum Kim, Bong Ju Jeong, Hosang Jung

Research output: Contribution to journalArticle

10 Citations (Scopus)

Abstract

In this paper, we first define sustainable supply chain, and its value, as a paradigm which pursues the maximization of supply chain profitability while taking its environmental and societal responsibilities. Secondly, we compare the supply chain surplus between the conventional and sustainable supply chains by means of adopting the basic economic analysis based on the concept of externality and social surplus in welfare economics. Through the proposed analysis, we show the possibility of sustainable supply chains which can provide more supply chain surplus to the companies. Finally, some limitations of this paper and future research directions are also presented.

Original languageEnglish
Pages (from-to)5-23
Number of pages19
JournalFlexible Services and Manufacturing Journal
Volume26
Issue number1-2
DOIs
Publication statusPublished - 2014 Jun 1

Fingerprint

Supply chains
Economic analysis
Supply chain
Surplus
Profitability
Economics
Industry

All Science Journal Classification (ASJC) codes

  • Management Science and Operations Research
  • Industrial and Manufacturing Engineering

Cite this

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Supply chain surplus : Comparing conventional and sustainable supply chains. / Kim, Kibum; Jeong, Bong Ju; Jung, Hosang.

In: Flexible Services and Manufacturing Journal, Vol. 26, No. 1-2, 01.06.2014, p. 5-23.

Research output: Contribution to journalArticle

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