The influence of sustainability risk management on supply chain sustainability and profitability of medical technology firms
- Title
- The influence of sustainability risk management on supply chain sustainability and profitability of medical technology firms
- Creator
- Dass, P. Leslie; Nair, Sreerengan V.R.
- Description
- The primary objective of this study is to determine how sustainability spending can help build sustainable supply chains. This study also assesses the sustainability of five firms with respect to four dimensions; profitability, sustainability spending, risk rating, and sustainability risk management. Data was collected through unstructured interviews with biotechnology and medical technology industry personnel. Key sustainability risk factors that created a ripple effect along the supply chain were identified. The supply chain surplus and risk management strategies were evaluated. Technique for order of preference by similarity to ideal solution (TOPSIS) was used to rank the firms on their sustainability and risk management practices. The critical sustainability risks identified are inventory management, logistics/ transportation, waste management, energy consumption, supplier sustainability, material handling, and plant or facility management. Findings reveal that firms investing in sustainability risk management face better prospects of developing supply chain sustainability and profitability. Copyright 2025 Inderscience Enterprises Ltd.
- Source
- International Journal of Services and Operations Management;Volume;50;Issue;3;pp.389-413
- Date
- 01-01-2025
- Publisher
- Inderscience Publishers
- Subject
- governance; ESG; SCRM; supply chain profitability; supply chain surplus; sustainability spending; social; sustainability; risk management; supply chain; environment; social; economic; environmental
- Coverage
- Dass P.L., School of Business and Management, CHRIST (Deemed to be University), Karnataka, Bengaluru, 560029, India; Nair S.V.R., Faculty for Lean Operations and Systems, School of Business and Management, CHRIST (Deemed to be University), Karnataka, Bengaluru, 560029, India
- Rights
- Restricted Access; Hardcopy may be available in the library
- Relation
- ISSN: 17442370;
- Format
- online
- Language
- English
- Type
- Article
Collection
Citation
Dass, P. Leslie; Nair, Sreerengan V.R., “The influence of sustainability risk management on supply chain sustainability and profitability of medical technology firms,” CHRIST (Deemed To Be University) Institutional Repository, accessed June 18, 2026, https://archives.christuniversity.in/items/show/23319.