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What is Supply Chain Practice (SCP)

Handbook of Research on Supply Chain Resiliency, Efficiency, and Visibility in the Post-Pandemic Era
Any practice related to the management and implementation of supply chain in an organization, sector and industry, which enables product availability and provides value and satisfaction to the customer.
Published in Chapter:
Achieving Supply Chain Resilience Through Smart Supply Chain Practices Leading to Circular Economy
Srirama K. Mulukutla (Cistech Inc., USA) and Sai Krishna Vivek (Philips Innovation Campus, India)
DOI: 10.4018/978-1-7998-9506-0.ch001
Abstract
This chapter develops a framework by integrating digital technologies and supply chain practices to achieve supply chain resilience which in turn leads to circular economy. A systematic literature review methodology was adopted by analyzing the published literature in leading journals available in popular databases like Proquest, Ebsco, Web of Science, and Google Scholar. It is found that implementation of smart supply chain practices through digital technologies by redesigning the existing traditional supply chains will lead to achievement of resilience in supply chains, and in turn, it will also lead to achievement of circular economy. The traditional supply chain is mostly based on linear flow of materials, and it fails to address issues related to environmental aspects and reduction of waste in the system. Given this background, this chapter develops a framework by integrating digital technologies and supply chain practices to achieve supply chain resilience and in turn lead to circular economy.
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