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Sustainable supply chain performance framework

   

Added on  2021-02-18

39 Pages12184 Words23 Views
SUSTAINABLE SUPPLY CHAIN
PERFORMANCE FRAMEWORK
FOR FI(s)

Table of Contents
CHAPTER 1: INTRODUCTION....................................................................................................1
1.1 Overview of research........................................................................................................1
1.2 Background of study.........................................................................................................1
1.3 Rationale for the study......................................................................................................2
1.4 Potential significance of research.....................................................................................3
1.5 Research Aim and objectives...........................................................................................3
1.6 Research objectives..........................................................................................................4
1.7 Research questions...........................................................................................................4
1.8 Framework and analysis...................................................................................................5
1.9 Chapter structure..............................................................................................................6
.........................................................................................................................................................7
CHAPTER 2: LITERATURE REVIEW.........................................................................................8
2.1 Sustainable supply chain management to accomplish social, economic and governance
aim..........................................................................................................................................8
2.2 Role of supply chain management in attaining stakeholders and customer's requirements
..............................................................................................................................................10
2.3 Financial resources and system to deal with the financial challenges............................11
2.4 Major impact upon financial institutions to overcome financial challenges..................13
CHAPTER 3: RESEARCH METHODOLOGY...........................................................................15
Type of investigation............................................................................................................15
Research design....................................................................................................................16
Research approach................................................................................................................16
Research philosophy.............................................................................................................17
Data collection method.........................................................................................................17
Sampling method..................................................................................................................18
Data analysis.........................................................................................................................18
Accessibility issues...............................................................................................................19
Ethical issues........................................................................................................................19
Validity and reliability..........................................................................................................19

CHAPTER 4: DATA ANALYSIS ...............................................................................................21
CHAPTER 5: RECOMMENDATION AND CONSLUSION......................................................33
Conclusion............................................................................................................................33
Recommendation..................................................................................................................33
REFERENCES..............................................................................................................................35

CHAPTER 1: INTRODUCTION
1.1 Overview of research
Sustainable development is prime requirement for organisational growth and
development and sustainable change. Supply chain management is a type of management
provides path for smooth flow of goods and services form manufacturers to end customers. This
research focuses upon sustainable supply chain performance framework for FI(s) (Beske and
Seuring, 2014). Employee's performance and the management efforts are the precious elements
considered essential in terms of developing the financial structure of organisation. An overview
of sustainable change and development defined in this research. It is analysed that after global
crisis financial organisations had to face the challenges regarding the management of cash flow,
reserves, financial instruments, credit for international trade and development. Three methods
and theories mainly considered to address the meaning of supply chain management which are
Supply chain financing, sustainable supply chain and supply chain management. Sustainable
supply chain financing frame work relies on major two hypothesis as, FI(s) have a crucial
position in the supply chain that allows to have access subject to maintain the relation with the
management and control of financial resources and second is relation of large corporates subject
to their suppliers to promote the adoption of more sustainable business practice. Suppliers are
required to analyse the potentials for developing the effective structure of financial growth and
development.
1.2 Background of study
Sustainable supply chain performance framework for financial institutions has been
already carried out in terms of determining the sustainable path for smooth functioning of
financial functions and operations of financial institutions. According to world bank report huge
impact fall upon international banks and financial institutions due to financial crisis. Large
number of banks fell down to losses and under managed improvement cost during financial
crisis. Overall analysis indicates towards sustainable change and development for better
understanding and evaluation of conventional relationships with in the financial institutions and
banking industry. The research mainly highlights the relations of financial institutions with
stakeholders, customers, owners, government and society with appropriate changes and
1

development. Major study was based upon the logical framework and changes subject to supply
chain and highlight the framework used to connect with people in supply chain management
(Awudu and Zhang, 2012). It is analysed that financial variables and the current aspects was
measured with perfect analytical approaches and changes. Measurable changes were sanctioned
at initial stages and the changes occurred due to non financial factors which were abolished for
sustainable supply chain management with in Financial institutions. The framework contains the
changes regarding the sustainable supply chain management. A framework of sustainable chain
management was analysed on the basis theory of SSC management as strategic, integration and
achievements for better enforcement of system and coordination. Financial crisis damaged the
structure of financial management and operation.
There are ten financial companies are taken to address the research in appropriate
manner. The structure mainly helps in evaluating the financial changes and circumstances for
sustainable supply chain management to manage the financial sources. Performance of
organisation can be improved by fulfilling the needs requirements of customers. By using a
convenient process of providing financial services at desirable time duration helps to gain
customer interest. In main course of work the process not only remain centralised around
managing the flow of delivering financial services but also depends upon operating sustainable
supply chain management. Organisations be able to attain the competitive advantages with
effective structure or base of sustainable supply chain management. There are type of banks are
taken to analyse the data for sustainable supply chain management. It is seen that various
multinational banks and financial institutions have enhanced their performance by compiling the
concept of sustainable supply chain management.
1.3 Rationale for the study
Main purpose and objectives are required to properly addressed in research for better
understanding and eligibility. The logic behind the process is mainly associated with adoption
and management for best consideration and collective changes. Conceptual framework logically
deducted and determined with aggregate framework and propositions additionally in research
methodology (Gunasekaran and Spalanzani, 2012). The logical deduction of the framework is
used to undertake the sustainable supply chain management. This framework basically prepared
for both financial stability and sustainability of business in more effective and stable manner.
Sustainability of financial industries are intended to analyse the flexibility of application of
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financial resources with in organisation and helping them for more better adjustments. It is also
essential in managing the departments to for better management. Team work, transparency and
traceability are the main base for effective sustainable supply chain management. The
proposition of financial statements and business analysis for effective evaluation and control
helps in conducting the operations in more specific and viable manner.
1.4 Potential significance of research
The research emerge the criteria of effective supply chain management and operation by
considering the impact of different financial activities in practical business environment. The
combination of potential factors and evaluating aspects for smooth flow of financial resources
and considerations are also included for critical evaluation and control. Promoting the value of
research and exploration need to be explaining for procuring funding. It is explained that whether
applying for funding and writing a paper need to explaining work and direct relate to research for
obtaining research result (Choi, Yun and Lee, 2014). It also highlight the key potential areas that
remain connected with objectivity and purpose of organisation. The main impact fall upon
analysing the advantages of better management and operation with proper supply chain
management in financial institutions.
This research mainly conclude the practical situation and training methods that impact
directly upon productivity of company. In addition, the scope of supply chain management and
efficiency of organisation evaluated with in he context of criticism of financial activities and
plans. The overall analysis and analytical factors are analysed with effect of sustainable supply
chain management and development in various areas. This dissertation highlights the potential
activities and plan to assist management for better operation and plan. Relevancy is the main
aspect that enhance the supply chain management in finance sector that increase credibility of
this research. Practical based examples and theories are undertaken that make this research more
viable and ethical to get competitive advantages and managing the sections in more significant
manner.
1.5 Research Aim and objectives
Research aim
This provides an overall purpose of study with relevant aspects and potential factors
associated with measurement and development. It is an statement that clarify the main purpose of
research and maintain objectivity during overall analysis.
3

Aim of this research is “Sustainable supply chain performance framework for FI(s)”
For better and effective sustainable development and base sustainable performance indicators are
required to form in single format.
1.6 Research objectives
Research objectives
The objectives must be related to the research topic. It focuses on study that avoids the
collection of data which are not necessary to solve the topic and not related to the topic.
Objectives helps to ascertain the needs and requirements of research for better flow of
information in different sections. Objectives keep align the structure of research in more
significant manner.
This research is carried out to attain following objectives;
To analyse the effectiveness of sustainable supply chain management in financial
institutions in terms of economical, social and government.
To Improve stakeholders and customers values considering the financial challenges.
To emphasize the effective system with wide financial resources and management.
To evaluate the impact of sustainable supply chain management in Financial institutions
1.7 Research questions
Objectivity of research based upon clear explanation and justification subject to research
aim and objectives. It is required to validate the aim of research. There is a list of question
prepared below by considering the aim of research;
Q.1 Will sustainable supply chain management be able to attain social, economical and
governance aim of financial institutions?
Q.2 How stakeholders and customer's requirement met by considering financial
challenges?
Q.3 How financial resources and system imply to deal with financial challenges?
Q.4 What are the major impacts fall upon financial institutions to overcome financial
challenges?
1.8 Framework and analysis
Framework is an in insistent part of research that retain a specific criteria of relative
research and methodology. For effective execution of information regarding the sustainable
4

supply chain management for financial institutions, various framework and analysis tools are
used as follows;
Research design: This research is prepared on the basis of descriptive research format.
Synchronic information form different articles and journals is gathered and framed in this report
as per the research topic. Relevant aspects and facts are considered for better understanding of
sustainable supply chain management.
Research philosophy: This research contains the interpretive philosophy that uses the
collected information form social constructed environment and the effectiveness of sustainable
supply chain management in financial industries.
Research type: A qualitative research type is used to demonstrate the collected data to
conducting the research. Evaluation of collective information and data with valid conclusion is
considered as qualitative research.
Research approach: Deductive approach used for analysing and approaching both the
statistical and mathematical approaches for better evaluation and control. For effective and
efficient formation of supply chain management hypothetical and statistical data evaluated in this
report.
Data collection: there are two major source of collection of data found to execute the
research as collection of data form primary sources or collection of data form secondary sources.
In Primary research information is directly collected form respondents. Information form
secondary sources associated with collecting information form journals, scholars, articles and
books.
Data analysis: Analysis mainly depends upon the collective data form qualitative
technique is used for getting valid results and conclusion. There is an analysis of data of 10
financial industries and companies are considered for evaluation of data.
1.9 Chapter structure
Structure provides a path to maintain a valid path to maintain proper formation of
delivered information. Format helps to summarise and highlight the relevant formats for better
understating and summarising collective data. The structure of current dissertation is defined
underneath:
Chapter 1: Introduction
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