The Impact of Procurement Strategies on Supply Chain Sustainability in the Pharmaceutical Industryq: Supply Chain Sustainability

Kahkshan Asif

doi:10.57044/SAJSR.2022.1.1.2203

Authors

Kahkshan Asif

Keywords:

Social factors, Economic factors, Environmental factors, Green supply chain management, Pakistan, Green purchasing

Abstract

In today's society, procurement plays a significant role in sustainability because of the vital requirement and demand for improvement in some supply chain processes and procurement practices. It helps make rational decisions that encompass society's economic, social, and environmental parts. Corporate sustainability requires such abilities to impact external firms in the supply chain process. In the Economic advancement markers at worldwide, public and neighbourhood levels advance sustainability approaches, as they represent the advancement in the supply chain process. This study used a quantitative research method followed by a convenient sampling technique for data collection from 102 respondents. This study found that procurement strategies significantly influence supply chain sustainability. The present study was conducted in the urban areas of Karachi, Pakistan. The study findings can benefit the manufacturing industry and society by implementing green purchasing and relevant, sustainable elements.

References

Agha, A. A., Rashid, A., Rasheed, R., Khan, S., & Khan, U. (2021). Antecedents of Customer Loyalty at Telecomm Sector. Turkish Online Journal of Qualitative Inquiry, 12(9), 1352-1374.

Alam, M. (2022). Supply Chain Management Practices and Organizational Performance in Manufacturing Industry. South Asian Journal of Social Review, 1(1), 42-52. https://doi.org/10.57044/SAJSR.2022.1.1.2204

Ali, S. B. (2022). Industrial Revolution 4.0 and Supply Chain Digitization. South Asian Journal of Social Review, 1(1), 21-41. https://doi.org/10.57044/SAJSR.2022.1.1.2205

Alrazehi, H. A. A. W., Amirah, N. A., Emam, A. S., & Hashmi, A. R. (2021). Proposed model for entrepreneurship, organizational culture and job satisfaction towards organizational performance in International Bank of Yemen. International Journal of Management and Human Science, 5(1), 1-9.

Amjad, S. (2022). Role of Logistical Practices in Quality Service Delivery at Supermarkets: A Case Study from Pakistan. South Asian Journal of Operations and Logistics, 1(1), 39-56. https://doi.org/10.57044/SAJOL.2022.1.1.2204

Anwar, M. F. A. (2022). The Influence of Inter-Organizational System Use and Supply Chain Capabilities on Supply Chain Performance. South Asian Journal of Operations and Logistics, 1(1), 20-38. https://doi.org/10.57044/SAJOL.2022.1.1.2203

Baloch, N. & Rashid, A. (2022). Supply Chain Networks, Complexity, and Optimization in Developing Economies: A Systematic Literature Review and Meta-Analysis. South Asian Journal of Operations and Logistics, 1(1), 1-13. https://doi.org/10.57044/SAJOL.2022.1.1.2202

Das, S., Ghani, M., Rashid, A., Rasheed, R., Manthar, S., & Ahmed, S. (2021). How customer satisfaction and loyalty can be affected by employee's perceived emotional competence: The mediating role of rapport. International Journal of Management, 12(3), 1268-1277. DOI: 10.34218/IJM.12.3.2021.119.

Drobyazko, S., Okulich-Kazarin, V., Rogovyi, A., Goltvenko, O., & Marova, S. (2019). Factors of influence on the sustainable development in the strategy management of corporations. Academy of Strategic Management Journal, 18, 1-5.

Glinskiy, V., Serga, L., & Khvan, M. (2016). Assessment of environmental parameters impact on the level of sustainable development of territories. Procedia CIRP, 40, 625-630. https://doi.org/10.1016/j.procir.2016.01.145

Gupta, V. (2019). Procurement strategies for digital supply chains: Concepts and best practices. In Technology optimization and change management for successful digital supply chains (pp. 17-38). IGI Global. https://doi.org/10.4018/978-1-5225-7700-3.ch002

Hamner, B. (2006). Effects of green purchasing strategies on supplier behaviour. In Greening the supply chain (pp. 25-37). Springer, London. https://doi.org/10.1007/1-84628-299-3_2

Haque, I., Rashid, A., & Ahmed, S. Z. (2021). The Role of Automobile Sector in Global Business: Case of Pakistan. Pakistan Journal of International Affairs. 4(2), 363-383. https://doi.org/10.52337/pjia.v4i2.195

Hashmi, A. R., & Mohd, A. T. (2020). The effect of disruptive factors on inventory control as a mediator and organizational performance in Health Department of Punjab, Pakistan. International Journal of Sustainable Development & World Policy, 9(2), 122-134. https://doi.org/10.18488/journal.26.2020.92.122.134

Hashmi, A. R., Amirah, N. A., & Yusof, Y. (2020a). Organizational performance with disruptive factors and inventory control as a mediator in public healthcare of Punjab, Pakistan. Management Science Letters, 11(1), 77-86. https://doi.org/10.5267/j.msl.2020.8.028

Hashmi, A. R., Amirah, N. A., & Yusof, Y. (2020b). Mediating effect of integrated systems on the relationship between supply chain management practices and public healthcare performance: Structural Equation Modeling. International Journal of Management and Sustainability, 9(3), 148-160. https://doi.org/10.18488/journal.11.2020.93.148.160

Hashmi, A. R., Amirah, N. A., Yusof, Y., & Zaliha, T. N. (2020). Exploring the dimensions using exploratory factor analysis of disruptive factors and inventory control. The Economics and Finance Letters, 7(2), 247-254. https://doi.org/10.18488/journal.29.2020.72.247.254

Hashmi, A. R., Amirah, N. A., Yusof, Y., & Zaliha, T. N. (2021). Mediation of inventory control practices in proficiency and organizational performance: State-funded hospital perspective. Uncertain Supply Chain Management, 9(1), 89-98. https://doi.org/10.5267/j.uscm.2020.11.006

Hunaid, M., Bhurgri, A. A., & Shaikh, A. (2022). Supply Chain Visibility in Leading Organizations of the Shipping Industry. South Asian Journal of Social Review, 1(1), 8-20. https://doi.org/10.57044/SAJSR.2022.1.1.2202

Khan, S. K., Ahmed, S., & Rashid, A. (2021). Influence of social media on purchase intention and customer loyalty of generation Y with the mediating effect of conviction: a case of Pakistan. Pakistan Journal of International Affairs. 4(2), 526-548. https://doi.org/10.52337/pjia.v4i2.207

Khan, S., Benhamed, A., Rashid, A., Rasheed, R., & Huma, Z. (2022). Effect of leadership styles on employees' performance by considering psychological capital as mediator: evidence from airlines industry in emerging economy. World Journal of Entrepreneurship, Management and Sustainable Development, 18(8). https://wasdlibrary.org/publications/journals/wjemsd/

Khan, S., Rasheed., R., & Rashid, A., Abbas, Q., & Mahboob, F. (2022). The Effect of Demographic Characteristics on Job Performance: An Empirical Study from Pakistan. Journal of Asian Finance, Economics and Business, 9(2), 283-294. https://doi.org/10.13106/jafeb.2022.vol9.no2.0283

Khan, S., Rashid, A., Rasheed, R., & Amirah, N. A. (2022). Designing a knowledge-based system (KBS) to study consumer purchase intention: the impact of digital influencers in Pakistan. Kybernetes, 51(1). https://doi.org/10.1108/K-06-2021-0497

Meehan, J., & Bryde, D. (2011). Sustainable procurement practice. Business Strategy and the Environment, 20(2), 94-106. https://doi.org/10.1002/bse.678

Merkel, A. (1998). The role of science in sustainable development. Science, 281(5375), 336-337. https://doi.org/10.1126/science.281.5375.336

Modgil, S., & Sharma, S. (2017). Information systems, supply chain management and operational performance: tri-linkage-an exploratory study on pharmaceutical industry of India. Global Business Review, 18(3), 652-677. https://doi.org/10.1177/0972150917692177

Mwikali, R., & Kavale, S. (2012). Factors affecting the selection of optimal suppliers in procurement management. International Journal of Humanities and Social Science, 2(14), 189-193.

Rasheed, T. (2022). Supply Chain Sustainability Through Green Practices in Manufacturing: A Case Study from Pakistan. South Asian Journal of Operations and Logistics, 1(1), 57-71. https://doi.org/10.57044/SAJOL.2022.1.1.2205

Rashid, A. & Rasheed, R. (2022). A Paradigm for Measuring Sustainable Performance Through Big Data Analytics-Artificial Intelligence in Manufacturing Firms. Available at SSRN 4087758. https://doi.org/10.2139/ssrn.4087758

Rashid, A. (2016). Impact of inventory management in downstream chains on customer satisfaction at manufacturing firms. International Journal of Management, IT and Engineering, 6(6), 1-19.

Rashid, A., & Amirah, N. A. (2017). Relationship between poor documentation and efficient inventory control at Provincial Ministry of Health, Lahore. American Journal of Innovative Research and Applied Sciences, 5(6), 420-423.

Rashid, A., Amirah, N. A., & Yusof, Y. (2019). Statistical approach in exploring factors of documentation process and hospital performance: a preliminary study. American Journal of Innovative Research and Applied Sciences, 9(4), 306-310.

Rashid, A., Amirah, N. A., Yusof, Y., & Mohd, A. T. (2020). Analysis of demographic factors on perceptions of inventory managers towards healthcare performance. The Economics and Finance Letters, 7(2), 289-294. https://doi.org/10.18488/journal.29.2020.72.289.294

Rashid, A., Rasheed, R., Amirah, N. A., Yusof, Y., Khan, S., & Agha, A., A. (2021). A Quantitative Perspective of Systematic Research: Easy and Step-by-Step Initial Guidelines. Turkish Online Journal of Qualitative Inquiry, 12(9), 2874-2883.

Scherer, F. M. (1993). Pricing, profits, and technological progress in the pharmaceutical industry. Journal of Economic Perspectives, 7(3), 97-115. https://doi.org/10.1257/jep.7.3.97

Shaheen, S. (2022). Quality management and operational performance: a case study from Pakistan. South Asian Journal of Operations and Logistics, 1(1), 14-19. https://doi.org/10.57044/SAJOL.2022.1.1.2201

Sloan, T. W. (2010). Measuring the sustainability of global supply chains: Current practices and future directions. Journal of Global Business Management, 6(1), 1-16.

Türkay, M., Saraçoğlu, Ö., & Arslan, M. C. (2016). Sustainability in supply chain management: Aggregate planning from sustainability perspective. PloS one, 11(1), e0147502. https://doi.org/10.1371/journal.pone.0147502

Vachon, S., & Mao, Z. (2008). Linking supply chain strength to sustainable development: a country-level analysis. Journal of Cleaner Production, 16(15), 1552-1560. https://doi.org/10.1016/j.jclepro.2008.04.012

Victory, G. O., Lizzie, O. A. & Olaitan, A. A. (2022). Climate-Smart Agricultural Practices at Oyo State-Nigeria. South Asian Journal of Social Review, 1(1), 1-7. https://doi.org/10.57044/SAJSR.2022.1.1.2201

Viegas, C. V., Bond, A., Vaz, C. R., & Bertolo, R. J. (2019). Reverse flows within the pharmaceutical supply chain: A classificatory review from the perspective of end-of-use and end-of-life medicines. Journal of Cleaner Production, 238, 117719. https://doi.org/10.1016/j.jclepro.2019.117719

Walker, H., & Jones, N. (2012). Sustainable supply chain management across the UK private sector. Supply Chain Management: An International Journal, 17(1), 15-28. https://doi.org/10.1108/13598541211212177

Zimon, D., Tyan, J., & Sroufe, R. (2019). Implementing sustainable supply chain management: Reactive, cooperative, and dynamic models. Sustainability, 11(24), 7227. https://doi.org/10.3390/su11247227