The role of green supply chain practices in competitive advantage in the automotive industry

The research examines how the application of GSCP can support competitive advantage in the automotive industry by exposing concerns and pressures in the field and showing the necessity of improving sustainable management. Extensive Supply Chain Management, green purchasing, sustainable transport and closed-loop systems that comprise of GSCP, enhances both environmental conservation and firm operations, under emissions standards and EPR polices. The study also looks at aspects on how sustainable innovation impacts competitive capabilities, problems accruing, and how best to integrate sustainability with successful green practices with reference to Tesla, Toyota, and BMW among the leading firms. Through filling the theoretical-practical gap in sustainable supply chain management, the results can provide important knowledge for academics, practitioners, and policymakers, for proving that sustainability can as a strategic resource in the automotive industry. This paper provides guidance on how green supply chain practices contribute to the competitiveness of some of the prominent automobile companies. As the following analyses indicate, all three companies show that sustainability within supply chains creates strategic worth and enhanced performance. Implementing principles such as green purchasing, energy management and waste minimization, they cut operating costs and align to a more planet sensitive market environment. Further research should be conducted to investigate the sustainability effects of green supply chain and the effects of the regulatory norms regarding their implementation across all industries.

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Publication Details

Journal
Open Access Research Journal of Multidisciplinary Studies
Published
2024-12-30
DOI
https://doi.org/10.53022/oarjms.2024.8.2.0075
Primary Topic
Quality and Management Systems
Type
article
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article

The role of green supply chain practices in competitive advantage in the automotive industry

Jinyoung Hwang
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Open Access Research Journal of Multidisciplinary Studies
Quality and Management Systems
article

The role of green supply chain practices in competitive advantage in the automotive industry

Jinyoung Hwang
article en

Abstract

The research examines how the application of GSCP can support competitive advantage in the automotive industry by exposing concerns and pressures in the field and showing the necessity of improving sustainable management. Extensive Supply Chain Management, green purchasing, sustainable transport and closed-loop systems that comprise of GSCP, enhances both environmental conservation and firm operations, under emissions standards and EPR polices. The study also looks at aspects on how sustainable innovation impacts competitive capabilities, problems accruing, and how best to integrate sustainability with successful green practices with reference to Tesla, Toyota, and BMW among the leading firms. Through filling the theoretical-practical gap in sustainable supply chain management, the results can provide important knowledge for academics, practitioners, and policymakers, for proving that sustainability can as a strategic resource in the automotive industry. This paper provides guidance on how green supply chain practices contribute to the competitiveness of some of the prominent automobile companies. As the following analyses indicate, all three companies show that sustainability within supply chains creates strategic worth and enhanced performance. Implementing principles such as green purchasing, energy management and waste minimization, they cut operating costs and align to a more planet sensitive market environment. Further research should be conducted to investigate the sustainability effects of green supply chain and the effects of the regulatory norms regarding their implementation across all industries.

Open Access Research Journal of Multidisciplinary StudiesVol. 8(2)
University of Edinburgh (GB)
Openalex Percentile: Top 55%
Quality and Management Systems
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The role of green supply chain practices in competitive advantage in the automotive industry — Jinyoung Hwang · Open Access Research Journal of Multidisciplinary Studies (2024) | TGRS Research Map | TGRS