Factors affecting the design of a sustainable corporate strategy in logistics and supply chain management Organization : A special reference to the larger scale private companies in Sri Lanka
Ramanayaka Arachchilage, Indika Udayangani (2025)
2025
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2025052315188
https://urn.fi/URN:NBN:fi:amk-2025052315188
Tiivistelmä
This dissertation researched the factors that affect the design and implementation of sustainable corporate strategies in logistics and supply chain management (LSCM) practices of large-scale private companies in Sri Lanka. The approach used was qualitative analysis based on semi-structured interviews of key stakeholders and secondary data analysis of current practices, while it offers insights into the constraints. From the research, it was found that stakeholder expectations, regulatory compliance, and internal resources are strong factors that should be considered when developing a sustainable strategy. However, I found these factors to be of great influence on companies' decisions to integrate economic, social, and environmental considerations into supply chain operations.
It was noted that providing more sustainability initiatives would be inadvisable in the absence of stakeholder dialogue and regulatory compliance. By effectively responding to stakeholder needs and regulations, companies were more likely to adopt sustainable strategies and, therefore, increase their brand reputation and related attractiveness, improving their customer loyalty and longer-term profitability. Nevertheless, infrastructure and technological constraints, as well as issues related to land availability in Sri Lanka, also created obstacles to the adoption of sustainable practices.
The study has shown the need for sustainable LSCM by companies in Sri Lanka to sustain their competitiveness and contribute to national development. Internal collaboration enhancement, optimization of supply chain operations based on lean principles and energy-efficient transportation, as well as utilization of technological innovation for operational efficiency, reduction of environmental impacts, and reduction of the cost of operations were recommended. This helps companies overcome these barriers and is in line with international standards, improving their own sustainability performance and global competitiveness as a result.
It was noted that providing more sustainability initiatives would be inadvisable in the absence of stakeholder dialogue and regulatory compliance. By effectively responding to stakeholder needs and regulations, companies were more likely to adopt sustainable strategies and, therefore, increase their brand reputation and related attractiveness, improving their customer loyalty and longer-term profitability. Nevertheless, infrastructure and technological constraints, as well as issues related to land availability in Sri Lanka, also created obstacles to the adoption of sustainable practices.
The study has shown the need for sustainable LSCM by companies in Sri Lanka to sustain their competitiveness and contribute to national development. Internal collaboration enhancement, optimization of supply chain operations based on lean principles and energy-efficient transportation, as well as utilization of technological innovation for operational efficiency, reduction of environmental impacts, and reduction of the cost of operations were recommended. This helps companies overcome these barriers and is in line with international standards, improving their own sustainability performance and global competitiveness as a result.