Operationalizing sustainability in pharmaceuticals: Green supply chain metrics for circular economy

被引:0
|
作者
Kharat, Manoj Govind [1 ]
Kapoor, Samridhi [2 ]
Parhi, Shreyanshu [3 ]
Kharat, Mukesh Govind [4 ]
Pandey, Shatrudhan [5 ]
机构
[1] Sinhgad Inst Business Management, Dept Mkt Management & Strategy, Mumbai 400072, India
[2] Pranveer Singh Inst Technol PSIT, Dept Business Adm, Kanpur 209305, Uttar Pradesh, India
[3] Int Management Inst Bhubaneswar, Dept Operat Management & Quantitat Tech, Bhubaneswar 751003, India
[4] KJ Somaiya Inst Management, Dept Mkt Management & Int Business, Mumbai 400077, India
[5] Marwadi Univ, Marwadi Univ Res Ctr, Fac Management Studies, Rajkot 360003, Gujarat, India
关键词
Sustainability; Circular economy; Green supply chain management; Sustainable Development Goals; AHP; Pharmaceutical industry; MANAGEMENT IMPLEMENTATION; AHP; BARRIERS;
D O I
10.1016/j.sftr.2024.100413
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
The increasing population and rapid industrialization have driven material consumption to a level that surpasses the environment's capacity to cope with the resulting pollution. The circular economy offers a new business model, contrasting the traditional take-make-waste approach. In this context, the present study seeks to identify barriers at operational, strategic, and tactical levels in transition towards circular economy. The article focuses on recognizing barriers from an organizational viewpoint, using Analytic Hierarchy Process (AHP) to help decision-makers identify obstacles in implementing circularity principles. A total of 24 barriers, grouped into five categories, were identified for a pharmaceutical company. Findings reveal numerous barriers, including technology, finances, return on investment, policies and regulations, stakeholder management, and corporate strategy, all of which impact organizational sustainability efforts. Reverse logistics emerged as a critical concern due to the toxic nature of products, requiring stringent take-back mechanisms. This study is unique in assessing parameters within the framework of the triple bottom line and Sustainable Development Goals (SDGs), particularly SDG 12 (responsible consumption and production) and SDG 9 (industry, innovation, and infrastructure). The research evaluates GSM implementation challenges using circular and sustainable criteria to support achieving SDG 12.
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页数:13
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