Impact of Multimodal Choice on Any Organisation’s Sustainable Supply Chain Strategies
Journal Title: International Journal of Business Management & Research (IJBMR) - Year 2017, Vol 7, Issue 6
Abstract
This paper explores on the impact of multimodal or intermodal choice on any organisation’s sustainable supply chain strategies. It is a phenomenological approach in nature of very subjective to interpret data. This paper is academic research based on the multimodal choice when chosen global suppliers with triple bottom line theory, cost distance model and trade-offs to substantiate the findings. This paper explores to provide an idea of the existing research and suggest potential chances for academic enquiry in connection to the operations management. Design/Methodology Approach- The researchers review the existing literature at the mind of the global transport modes options in any organisation. This literature links up to transport modes system in to assist in reviewing the multimodal choice in the current state global market of all disciplines of transport modes (road, rail, air, sea and pipeline). Suggestions have been made for future research in terms of the best modal option. Findings The findings show that the existing literature is mostly based on transport modes system without any application approach of the choice of modes. In addition, the findings suggest on the best option of the global transport modes that could adopted in any organisation sustainable supply chain strategies. The findings pointed out several strategies areas when selecting transport modes for cost advantage for future inquiry. Practical Implication This paper can be used by transport, logistics, supply chain and procurement professionals in every organisation as well as business that leads into import and export. Originality/Value This paper build on our knowledge on impact of multimodal choice on any organisation’s sustainable supply chain strategies as it relates to key dimensions of triple bottom line ideology that had been previously used in literature to support the exiting literature in the paper and identify research opportunities for trade-offs.
Authors and Affiliations
Thomas Akrofi, Ernest Ansah, Emmanuel Harrison Nuertey, Augustine K. Tufour
Keywords
Related Articles
- EP ID EP257807
- DOI -
- Views 109
- Downloads 0
Impact of Marketing Mix Strategy on Coimbatore Private Hospitals Performance Measured by Patient Satisfaction: An Empirical Study
services in India, based upon various systems of medical practices such as Allopathy, Ayurveda, Unani, Siddha and Homeopathy. Among all the above, allopathy is the widely used medical practice. The infrastructure in the...
“What Work” and “What Doesn't Work” in Rehabilitation of Offenders: A General Perspective
At present, Rehabilitation of offenders is a momentous issue of concern among all correction department of the world. (Astbury 2008). The major reason being that, in spite of passing gets tough sentences, the world priso...
An Analysis of Goldeneye Travel and Tourist Agency Under Afghan Business Attitude
The Afghanistan business sector development is unpredictable due to political and security threads the country is facing, both internally and externally. Considering the long term development in Afghanistan economy would...
A Study on Lead-Lag Relationship between Futures and Spot Markets in Case of Agricultural Commodity Derivatives in India
The two major economic functions of a commodity futures market are price risk management and price discovery. The effectiveness of the price risk management depends on how efficiently the futures market fulfills the pric...
The Balanced Regional Development via CPSEs in India
Central Public Sector Enterprises CPSEs have made versatile and important contributions to the country's economy and have been successful to a great extent by fulfilling its objectives. It has been reflected from the stu...