The Rationale for Responsible Supply Chain Management and Stakeholder Engagement

Journal of Global Responsibility, (Forthcoming)

25 Pages Posted: 28 Feb 2017

See all articles by Mark Anthony Camilleri

Mark Anthony Camilleri

University of Malta; University of Edinburgh

Date Written: 2017

Abstract

Purpose: Firms are increasingly resorting to responsible supply chain management as they align their economic success with socially-responsible initiatives in their value chain. This contribution suggests that there are opportunities for global corporations who are keen on integrating responsible practices into their business operations. It is in their interest to report about their responsible supply chain management, social performance and sustainable innovations to their stakeholders.

Design/methodology/approach: This review paper identifies future research avenues in the promising areas of responsible procurement and global supply chain management.

Findings: The corporations’ differentiated strategies as well as their proactive engagement in responsible supply chain management can lead them to achieve a competitive advantage in the long term. the low‐cost producers may be neglecting the marketplace stakeholders, including suppliers, distributors among others. Moreover, the smaller businesses’ could not be in a position to follow responsible procurement practices as they may lack the scarce resources to do so.

Originality/value: This paper raises awareness about the integration of socially responsible behaviours and sustainable practices in business operations. It contends that a responsible supply chain management necessitates an improved relationship with suppliers and distributors in the value chain. This stakeholder engagement with ultimately create value to the businesses themselves.

Keywords: Supply Chain Management, Responsible Supply Chain Management, Responsible Procurement, Corporate Reputation, Stakeholder Management

JEL Classification: M00, M1, M10, M11, M14, M16, M30, M5, M54, M55, N3, N30

Suggested Citation

Camilleri, Mark, The Rationale for Responsible Supply Chain Management and Stakeholder Engagement (2017). Journal of Global Responsibility, (Forthcoming) . Available at SSRN: https://ssrn.com/abstract=2923152

Mark Camilleri (Contact Author)

University of Malta ( email )

Department of Corporate Communication,
Faculty of Media and Knowledge Sciences
Msida, MSD2080
Malta
79314808 (Phone)

HOME PAGE: http://https://www.um.edu.mt/profile/markacamilleri

University of Edinburgh

27 Buccheluech Place,
The Business School
Edinburgh, Scotland EH8 9JS
United Kingdom

Register to save articles to
your library

Register

Paper statistics

Downloads
81
Abstract Views
719
rank
303,224
PlumX Metrics