TY  - JOUR
AB  - Purpose Firms are increasingly resorting to responsible supply chain management as they align their economic success with socially responsible initiatives in their value chain. This contribution aims to suggest that there are opportunities for global corporations who are keen on integrating responsible practices into their business operations. It is in their interest to report about their responsible supply chain management, social performance and sustainable innovations to their stakeholders.Design/methodology/approach This paper identifies future research avenues in the promising areas of responsible procurement and global supply chain management.Findings The corporations’ differentiated strategies as well as their proactive engagement in responsible supply chain management can lead them to achieve a competitive advantage in the long term. The low-cost producers may be neglecting the marketplace stakeholders, including suppliers, distributors among others. Moreover, the smaller businesses’ could not be in a position to follow responsible procurement practices, as they may lack the scarce resources to do so.Originality/value This paper raises awareness about the integration of socially responsible behaviours and sustainable practices in business operations. It contends that a responsible supply chain management necessitates an improved relationship with suppliers and distributors in the value chain. This stakeholder engagement with ultimately create value to the businesses themselves.
VL  - 8
IS  - 1
SN  - 2041-2568
DO  - 10.1108/JGR-02-2017-0007
UR  - https://doi.org/10.1108/JGR-02-2017-0007
AU  - Camilleri Mark Anthony
PY  - 2017
Y1  - 2017/01/01
TI  - The rationale for responsible supply chain management and stakeholder engagement
T2  - Journal of Global Responsibility
PB  - Emerald Publishing Limited
SP  - 111
EP  - 126
Y2  - 2024/04/24
ER  -