Framework for GSCM Performance in Chemical Industries

Green Supply Chain Management is gaining significance swiftly in all business organizations across the world. Several businesses are greening their supply chain in different ways. Although some of them are not very clear about the expected performance factors, still they have realized the overall benefits of its implementation. This paper includes the framework of Green Supply Chain Management Performance factors based upon the primary study conducted on Chemical Industries including all three categories basic chemicals, specialty chemicals and knowledge chemicals.

The research approach includes literature review and cross sectional survey of 331 Chemical Industries in Gujarat, India. An exploratory factor analysis is conducted to derive groupings of green supply chain management performances from the primary survey data.

The study reveals the five major performance factors that are expected namely environmental performance, financial performance, operational performance, competitive performance and reduction in penalties. Reliability analysis is also assessed for these five factors.

The research is concentrated only to large and medium Chemical Industries and factory units in Gujarat state. The geographic scope of the study can be extended to the other states of India or Chemical Industries in Pan India.

The paper offers important implications for managers, pointing out to the fact, that a dedicated commitment towards Green Supply Chain Management Implementation in chemical industries may results in five important organization performance criteria. Originality/value: This Study is based on literature available on various quantitative and qualitative studies. Also the findings are based upon the depth primary analysis of various inherent factors of various segments of chemical industries in Gujarat.