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Authors: Sriyogi, Kottala
Keywords: Economic Liberalization
Globalization Projected India
Issue Date: Dec-2012
Publisher: Dept. of Management Studies iit Roorkee
Abstract: Economic liberalization and globalization projected India as industrialized emerging economy with large pool of talent i.e young engineers, scientists which are available for reasonable cost without compromising on the quality during the latest decade. Due to industrialization in 1991 there is amount up in production and consumption of different commodities which have negative implications on the society and environment. Because of the ever increasing climate change among the developed nations like the U.S.A, European Union have started outsourcing or start their new manufacturing facilities in the developing economies like India,china,Indonesia, Taiwan etc., Due to these coming up new manufacturing facilities which have both positive and negative effects on India positive effects are significant contribution for GDP growth, increase in IIP, job opportunities, negative effects are considerable amount of damage to the society, environment and a stressful work environment for the workforce. Thus the emerging issues have emplaced the need for greater emphasis on the concept called ‘Sustainability’. As in the process of manufacturing it involves procurement of raw materials, production processes, work in process, finished goods, distribution and warehousing all these activities which can be quoted under the single umbrella term called "Supply Chain Management"(SCM).To minimize or to avoid the negative impacts across the processes in the manufacturing another emerging concept called the sustainable supply chains to sustain the economic growth while prioritizing the environmental and social issues. In this present work, an empirical investigation has been presented on the analysis of sustainable supply chain management practices with reference to Indian manufacturing industries further analyzed the awareness, importance of sustainability, influencing factors and reasons to adopt this concept. The proposed factor structure for supply chain management policy, SCM performance, environmental impacts, social sustainable performance indicators and sustainability as business opportunity development with relevance to the Indian manufacturing industries. To observe the SCM performance of the companies practicing the concept of sustainability. To find some of the best sustainable supply chain management practices being practiced among the Indian manufacturing industries. ii The proposed factor structure, frame work used for evaluation of SCM performance, case studies used for Sustainable supply chain management practices are original and has strong pragmatic pertinent and can be conformable by organizations with the minimum changes in their prevailing work structure.
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