Modeling the Supply Chain Sustainability Imperatives in the Fashion Retail Industry: Implications for Sustainable Development
Date
Authors
Tariqul Islam Imran, M
Karmaker, CL
Karim, R
Misbauddin, SM
Mainul Bari, ABM
Raihan, A
Supervisor
Item type
Journal Article
Degree name
Journal Title
Journal ISSN
Volume Title
Publisher
Public Library of Science (PLoS)
Abstract
The resilience of established business strategies has been tested in the wake of recent global supply chain upheavals triggered by events like the COVID-19 pandemic, Russia-Ukraine combat, Hamas-Israel war, and other geopolitical conflicts. Organizations are compelled to integrate sustainable practices into their supply chains to navigate the complexities of the post-COVID-19 era and mitigate the far-reaching consequences of such disruptions. However, exploring supply chain imperatives from sustainability dimensions still remains underexplored, presenting a significant research gap, particularly in the fashion retail sector. In response, this study aims to pioneer an innovative approach by amalgamating Pareto analysis, Bayes theorem, and the Best-Worst Method to evaluate sustainability imperatives comprehensively. Focusing on emerging economies like Bangladesh and its fashion retail industry, this methodology synthesizes insights from literature reviews, expert feedback, and Pareto analysis to curate a definitive set of influential imperatives. Finally, the Bayesian Best-Worst Method is applied to examine them. The results reveal the availability of government support schemes to promote sustainability, developing strategic supply chain interventions to ameliorate the impact of disruptive events, and digitalizing the supply chain as the most monumental imperatives under economic, social, and environmental perspectives, respectively. The study’s innovative methodology and its implications for sustainable supply chain management offer valuable insights for both academic research and practical application, presenting a strategic blueprint for the fashion retail industry to navigate and thrive in the post-COVID-19 era. This work can not only advance the theoretical understanding of supply chain sustainability but also provide actionable guidance for industry leaders in developing robust, resilient, and sustainable supply chain strategies.Description
Keywords
3509 Transportation, Logistics and Supply Chains, 35 Commerce, Management, Tourism and Services, 3507 Strategy, Management and Organisational Behaviour, Coronaviruses, Coronaviruses Disparities and At-Risk Populations, Emerging Infectious Diseases, Infectious Diseases, 12 Responsible Consumption and Production, General Science & Technology
Source
Plos One, ISSN: 1932-6203 (Print); 1932-6203 (Online), Public Library of Science (PLoS), 19(12), e0312671-. doi: 10.1371/journal.pone.0312671
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Rights statement
Copyright: © 2024 Imran et al. This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.