| Title | Modelling Sustainable Procurement: A Case of Indian Manufacturing Firm |
|---|---|
| ID_Doc | 66038 |
| Authors | Kaur, H; Singh, SP |
| Title | Modelling Sustainable Procurement: A Case of Indian Manufacturing Firm |
| Year | 2018 |
| Published | |
| Abstract | In today's dynamic and challenging environment, business decisions are driven not only by cost but also by environmental legislations. In manufacturing industries, procurement is a crucial operation responsible for cost, quality and delivery of final product. Unlike purchasing, procurement involves strategic planning of lot-sizes to be ordered from suppliers and carriers. The paper proposes a sustainable procurement model (SPM) integrating lot-sizing, supplier and carrier selection in a cap-and-trade environment, optimizing cost and carbon emissions. The model is illustrated with the help of a case study of an Indian manufacturing firm procuring raw materials from multiple suppliers using multiple carriers. |
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