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Conceptualizing the Capability of Supplier Sustainability Risk Management
ISBN
978-3-658-03462-7
Type
book section
Date Issued
2013
Author(s)
Editor(s)
Kersten, Wolfgang
Wittmann, Jochen
Abstract
External stakeholders have built up high expectations on "sustainability", putting firms under constant watch by non-governmental organizations, media, etc. (Bellmann, 1999; Kudla & Stölzle, 2011). Stakeholders usually do not differentiate between a firm's and its suppliers' operations. They hold the focal firm responsible for all practices involved in the making of the product, including any potential sustainability concern (Koplin, Seuring & Mesterharm, 2007; Rao, 2002). Suppliers not complying with the firm's promised standards, norms, or values are likely to cause damaged brand reputation, decreased brand value, or destroyed consumer confidence. Nike and Mattel are prominent examples of brands that suffered from non-compliant suppliers and faced media campaigns, consumer boycotts and partially declining sales (Locke & Romis, 2007; Wagner et al., 2009).
Language
English
Keywords
Supplier sustainability
sustainable supply chain management
risk management
HSG Classification
contribution to scientific community
HSG Profile Area
SoM - Business Innovation
Refereed
No
Book title
Kompetenz, Interdisziplinarität und Komplexität in der Betriebswirtschaftslehre : Festgabe für Klaus Bellmann zum 70. Geburtstag
Publisher
Springer Fachmedien Wiesbaden
Publisher place
Wiesbaden
Start page
39
End page
56
Pages
18
Subject(s)
Division(s)
Eprints ID
225368