Publication

Dynamic Capabilities in Sustainable Supply Chain Management: A Theoretical Framework

2015
Journal Articles

Abstract

In the field of Sustainable Supply Chain Management it is well established that sustainability is a source of competitive advantage for companies. In the field of strategic management, capabilities that lead to such competitive advantage are called dynamic capabilities. In this paper we emphasize firms’ internal capabilities to obtain more environmentally sustainable supply chains based on the dynamic capabilities for sensing, seizing and transforming.

Official source

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2015
Journal Articles

Abstract

Official source

Related concepts (10)

Supply chain management

In commerce, supply chain management (SCM) deals with a system of procurement (purchasing raw materials/components), operations management (ensuring the production of high-quality products at high speed with good flexibility and low production cost), logistics and marketing channels, so that the raw materials can be converted into a finished product and delivered to the end customer.

Strategic management

In the field of management, strategic management involves the formulation and implementation of the major goals and initiatives taken by an organization's managers on behalf of stakeholders, based on consideration of resources and an assessment of the internal and external environments in which the organization operates. Strategic management provides overall direction to an enterprise and involves specifying the organization's objectives, developing policies and plans to achieve those objectives, and then allocating resources to implement the plans.

Strategic planning

Strategic planning is an organization's process of defining its strategy or direction, and making decisions on allocating its resources to attain strategic goals. Furthermore, it may also extend to control mechanisms for guiding the implementation of the strategy. Strategic planning became prominent in corporations during the 1960s and remains an important aspect of strategic management. It is executed by strategic planners or strategists, who involve many parties and research sources in their analysis of the organization and its relationship to the environment in which it competes.