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Article
Publication date: 20 January 2023

Preetam Basu, Palash Deb and Akhilesh Singh

Businesses must now track the complicated supply chains of their products, which involve different manufacturers and suppliers. However, because supply chains are scattered across…

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Abstract

Purpose

Businesses must now track the complicated supply chains of their products, which involve different manufacturers and suppliers. However, because supply chains are scattered across multiple countries and involve many institutions, it becomes an overwhelming practical challenge to ensure transparent recording and reporting of greenhouse gas emissions. The myriad issues necessitate a technological solution that will improve supply chain transparency, assist in managing carbon assets and allow all parties to obtain credible information on carbon output. As a potential solution, this study offers a unique architecture that effectively combines “blockchain technology” with the carbon supply chain of a multi-institution business network.

Design/methodology/approach

This research and proposed framework are based on publicly available reports on carbon emissions tracking, sustainability, carbon trade and emerging blockchain technologies. The authors also interviewed industry experts to obtain their input and feedback.

Findings

Businesses must support the pledges made by their respective governments towards meeting the objectives of the Paris Agreement. Although the emissions trading system encourages businesses to move in this direction, it can be challenging for them to efficiently manage their carbon assets owing to issues such as lack of standardised methods for tracking emissions across suppliers and manufacturers and the fragmentation of carbon markets. The carbon supply chain can maintain a record of the chronological flow of carbon emissions and eventually of all carbon assets by integrating a centralised ledger system based on blockchain technology.

Originality/value

Global warming, climate change and carbon emissions are among humanity’s pressing problems today. To achieve net zero emissions by the middle of the 21st century, emissions must be drastically reduced. Global supply chains have a crucial role to play in this context. This article provides a blockchain-based technology framework for carbon emissions visibility and tracking. The authors believe such a platform will provide critical visibility and tracking support to globally dispersed supply chains, moving a step closer towards carbon emissions control and net zero operations.

Details

Journal of Business Strategy, vol. 45 no. 1
Type: Research Article
ISSN: 0275-6668

Keywords

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Article
Publication date: 22 July 2021

Preetam Basu and Partha Ray

China has emerged as an undisputed leader of global business and as a preferred hub for global value chains. However, recent threats of the trade war, the allegation of violation…

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Abstract

Purpose

China has emerged as an undisputed leader of global business and as a preferred hub for global value chains. However, recent threats of the trade war, the allegation of violation of intellectual property rights and more recently the COVID-19 pandemic seemed to have dampened China’s attractiveness. Multinational corporations may be contemplating diversifying their dependence on China – a strategy known as “China-Plus-One”. What could be possible destinations in Asia for such a diversification strategy?

Design/methodology/approach

Towards understanding the “China-Plus-One” phenomenon, the authors use a methodology of arriving at an aggregate ranking of the major economies of emerging Asia. This is built on a few standard indices such as World Bank's Logistic Performance Index; World Bank’s Ease of Doing Business Indicator; World Economic Forum’s Global Competitiveness Index; Economic Complexity Index of the Harvard University; Economist Magazine’s Country Rating of Financial Strength; and Corruption Perception Index compiled by the Transparency International. Accordingly, the authors rank seven countries (namely, Thailand, Malaysia, India, Vietnam, Indonesia, the Philippines and Bangladesh) next to China as possible destinations for selecting the “Plus one” country.

Findings

In the aggregate ranking, China ranks first followed by Thailand, Malaysia, Philippines, India, Indonesia, Vietnam and then Bangladesh. This sequence gives some pointers on the possible shifts from China as potential hubs of global value chains. The authors observe the following: first, it is challenging to move away from China in the short run; second, corporations could pursue a “China-plus-One” strategy, whereby they may move marginally from China and relocate part of their supply chain elsewhere; third, in looking for alternative locations, corporations may look for the following countries in emerging Asia, namely, Thailand, Malaysia, India, Vietnam, Indonesia, Philippines and Bangladesh.

Originality/value

The aggregate ranking method applied in this paper is one of the first applications in the context of ranking developing Asian economies based on economic, logistics, supply chain, financial and corruption metrics. It is one of the first conceptual works in the domain of identifying possible diversification options for the “China-Plus-One” strategy that can be extended to include many context-specific rankings.

Details

Journal of Business Strategy, vol. 43 no. 6
Type: Research Article
ISSN: 0275-6668

Keywords

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Article
Publication date: 19 July 2013

Dileep More and Preetam Basu

The purpose of this paper is to examine the different challenges that confront supply chain finance (SCF) and to develop a hierarchical model that analyzes the complex…

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Abstract

Purpose

The purpose of this paper is to examine the different challenges that confront supply chain finance (SCF) and to develop a hierarchical model that analyzes the complex relationship dynamics among them.

Design/methodology/approach

An extensive survey is carried out amongst Indian firms to ascertain the perceptions and experiences related to different SCF challenges. After obtaining an overview of the different SCF challenges, an Indian company with global operations was approached and after establishing relationships among the challenges, a hierarchical relationship structure was developed and MIMBI analysis (where MI=measure of influencing; MBI=measure of being influenced) was carried out that helped understand the relationship dynamics of SCF challenges and identify actions at both strategic and tactical levels.

Findings

The study reveals that lack of common vision among the supply chain (SC) partners is the most critical challenge confronting SCF. Unpredictable cash‐flows resulting from delays in financial transactions, due to lack of automation in the payment processes, along with lack of knowledge and training on SCF tools, also play significant roles. As organizations are tightly integrated through their SC, they should initiate collaborative approaches across the SC to reduce the total procure to payment cycle time and, in the process, improve overall financial stability of the SC.

Research limitations/implications

This study is based on the findings from the Indian industry; future research may include a large‐scale survey and case studies across organizations located in different countries and operating under different environments.

Practical implications

Based on the study, firms can evaluate the dynamics of SCF challenges and redefine SC relationships and strategies to achieve desired cash flow in the SC.

Originality/value

The academic literature on financial supply chains is very limited. This paper appears to be the first formal attempt at analyzing the various challenges confronting SCF.

Details

Business Process Management Journal, vol. 19 no. 4
Type: Research Article
ISSN: 1463-7154

Keywords

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Case study
Publication date: 19 January 2022

Josemon George, Amol S. Dhaigude and Sidhartha S. Padhi

The case depicts an opportunity for students to be exposed to the decision theory concept. The study aims to encourage them to use the data given in the case and exhibits to…

Abstract

Learning outcomes

The case depicts an opportunity for students to be exposed to the decision theory concept. The study aims to encourage them to use the data given in the case and exhibits to explore as follows: decision-making under uncertainty; decision-making under risk; compare and contrast uncertainty and risk; and evaluate the value of perfect information EVPI and understand its application in decision-making.

Case overview/synopsis

Vikas Teerth, a budding entrepreneur, wanted to venture out into the pineapple business. He had three land plots available, but he would like to take up a single plot after analyzing the possible returns factoring the volatile prices and other impending constraints. He wanted to use the decision-making approaches with the aid of probability to arrive at the best decision. This case helps the instructors to introduce the concept of decision-making under risk and under uncertainty which comes under the preview of decision theory. Students can use the data given in the case and exhibits to do the necessary calculations required and thereby get an insight into the process of calculated decision-making.

Complexity academic level

This case can teach decision theory in undergraduate-level and graduate-level courses in operations research, decision-making and industrial engineering. It can also be used to discuss issues and challenges faced in start-ups or SME entrepreneurship.

Supplementary materials

Teaching notes are available for educators only.

Subject code

CSS 7: Management Science.

Details

Emerald Emerging Markets Case Studies, vol. 12 no. 1
Type: Case Study
ISSN: 2045-0621

Keywords

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