A Hybrid Supply Chain Risk Management Approach for Lean Green Performance Based on AHP, RCA and TRIZ: A Case Study

Abstract

The purpose of this research work is to provide supply chain managers with a formal and generalizable approach that furnishes accurate guidelines to achieve a 2D performance integrating both Lean and Green. Despite the fact that several research works have been conducted in the framework of Lean and Green, at a conceptual level, the relationship between both paradigms is still ambiguous. Furthermore, the literature revealed a lack of relevant and generalizable approaches that explicitly demonstrate how to successfully implement Lean and Green in a relevant and integrated way. Since risks are the main obstacles disrupting performance, this research work addresses the identified gap by proposing a risk management approach (RMA) for Lean Green performance in a supply-chain context. Risk cannot be managed if not well-identified; hence, a rigorous literature investigation was conducted to define this concept in a supply-chain context. Later, risk was introduced into Lean and Green aspects. Subsequently, through a comprehensive review of previous risk identification studies, a novel classification of supply chain risks in a Lean Green context was provided. At a corporate level, risks often include several sources that cannot be treated at once. Therefore, a risk assessment analysis was performed, employing an analytic hierarchy process for its ease of use and broad adaptability. The output of this analysis provides visibility for an organization’s position toward performance goals and underlines crucial risks to be addressed. The risk treatment process was upgraded in this approach to a detailed analysis that aims at investigating the root causes behind the prioritized risks. Deployment of the approach on a corporate level revealed that treating a risk may negatively affect treating another. Indeed, thinking Lean is not necessarily Green, which stands with the fact that Lean Green supply chain challenges may outstrip classic optimization methods and techniques; therefore, its management requires innovative approaches. Thereby, our findings support the applicability and efficiency of the Theory of Inventive Problem Solving (TRIZ) in this setting. Although the case study focused on a specific company, the developed framework can be customized to fit different cases.

Ecologically Responsible Entrepreneurship and Its Contribution to the Green Economy’s Sustainable Development: Financial Risk Management Prospects

“…Unlike (Ruiz 2020;Ruiz and Stupariu 2021), it is demonstrated that the COVID-19 pandemic and crisis led to the reduction of green trade and green employment-as a result of the decrease in government financing. Unlike (Arcese et al 2020;Baggio and Valeri 2020;Elmo et al 2020;Essaber et al 2021;Mensi et al 2022;Valeri 2021), it is substantiated that financial risk management of the green economy (amid the pandemic and crisis) is allowed by green investments, the increase in which could ensure the increase in the global green economy's sustainability and the reduction of its disproportions among regions of the world.…”

“…The essence of financial risks consist of the reduction in financing of the green economy (Chiang 2021;Hagspiel et al 2021;Mezghani et al 2021;Nagy et al 2021;Yang et al 2021;Zhao et al 2021). Accordingly, the approach to financial risk management implies an increase in green economy financing (Arcese et al 2020;Baggio and Valeri 2020;Elmo et al 2020;Essaber et al 2021;Mensi et al 2022;Valeri 2021).…”

Innovative research on the application of TIRZ theory to multi-mode UAVs

“…Various creative steps are extended through innovative solutions to produce more competitive UAV designs. AHP was proposed by Thomas, L. Saaty, a professor at the University of Pittsburgh in the United States in 1971, when he was engaged in research on contingency planning for the US Department of Defense [4] It mainly assists decision-making through multiple evaluation criteria in the face of various uncertain results. This study found that although ARIZ has high innovative breakthrough thinking assistance, it is prone to produce too many solutions, and AHP can help this system to approach perfect solutions, ARIZ will produce countless inventive solutions by comparing the fundamental contradiction of the problem and the technical contradiction.…”

Integrating Quality and Risk Management in Logistics

“…Preventive measures to manage risks are a form of insurance applied to assumed but unspecified events for which the probabilities and financial consequences are unknown. Various authors have studied the classification of the causes of supply chain risks in particular logistics, such as Essaber and Fuchs, whose work is one of the most generalized [149, 153,154]. Based on these studies, four main causes of risk in logistics are outlined as shown in Figure 7.…”