Sustainability performance measurement in risk and uncertainty management: An analysis of base of the pyramid supply chain literature

Abstract

Risk management in the base of the pyramid (BoP) environment is needed to ensure that firms performance objectives are met. Accordingly, integrating sustainability performance measurement in the supply chain risk management would offer interesting avenues for managing risks in BoP supply chain. Therefore, the paper conceptualizes an intersection between supply chain risk/uncertainty management and sustainable performance measurement. This intersection is then tested by a literature review of 164 BoP SC articles between the years 2000 and 2022. Descriptive, frequency, and correlation analysis identify various risks factors studied in the BoP literature so far, their management strategies and respective performance measures. The findings show a broad strategical aspect of managing SC risks and proffered the tactical or operational level performance measures which along with these practices can manage the related risks. Therefore, their incorporation into the risk management process should be considered. The correlation findings highlight the important role of performance process measures and the impact of these along with the management practices on firm's performance outcomes. The study contributes to supply chain risk and performance management literature by capturing the nexus between BoP and supply chain management.

Sustainability, Uncertainty, and Risk: Time-Frequency Relationships

“…Overall, this research [11][12][13][14][15][16][17] collectively contributes to the body of knowledge on sustainability, uncertainty, and risk in supply chain management. It highlights the challenges and opportunities faced by companies in managing supply chain risks and integrating sustainability practices.…”

“…The empirical approaches and theoretical frameworks employed in the studies offer valuable insights for both academic research and practical decision making in supply chain management, promoting more sustainable and resilient supply chains. The research findings [11][12][13][14][15][16][17] provide valuable insights for supply chain managers, investors, and policy-makers to make informed decisions regarding sustainable practices, risk mitigation, and performance outcomes. The inclusion of risk management in the context of sustainability is crucial to enhance supply chain resilience and reduce vulnerabilities.…”

“…The empirical approaches and theoretical frameworks employed in the studies offer valuable insights for both academic research and practical decision making in supply chain management, promoting more sustainable and resilient supply chains. The research findings [11][12][13][14][15][16][17] provide valuable insights for supply chain managers, investors, and policy-makers to make informed decisions regarding Furthermore, reference [12] emphasizes the unique opportunity presented by the COVID-19 pandemic to reevaluate sustainability and green practices in supply chains. The study's approach, rooted in stakeholder theory and social cognitive theory, aims to investigate how uncertainties related to COVID-19 positively influence green supply chain management and overall sustainability performance.…”

“…The first research trend centers on sustainable practices' impact on supply chain risk and performance [11][12][13][14][15][16][17][18][19]. For example, [11] highlights the growing recognition of sustainability-related risks companies face in their supply chains.…”

Green logistics operations and its impact on supply chain sustainability: An empirical study

“…EC 2 Shareholders' satisfaction Aman et al, 2022;Govindan et al, 2014;Jayarathna et al, 2023;Singh et al, 2021;Tognetti et al, 2015. EC 3 Market stand/branding Choi et al, 2018;Laari et al, 2018;Tseng et al, 2022.…”