Recent Trends in Sustainable Inventory Models: A Literature Review

Suchitra Pattnaik,Stefano Abbate,Mitali Madhusmita Nayak,Piera Centobelli

doi:10.3390/su132111756

Suchitra Pattnaik, Stefano Abbate + Show 2 more

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https://doi.org/10.3390/su132111756

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Abstract

Greenhouse gas emissions are increasing global warming significantly, hence the need for manufacturing companies to include sustainability strategies in their supply chain to reduce emissions generated by their operations. This article aims to provide a systematic literature review on integrating sustainability issues into inventory management models to support scholars and practitioners in decision-making processes according to their market requirements. Thus, this paper discusses the most relevant papers published on inventory management topics that consider environmental criteria such as greenhouse gas emissions, ecological quality controls, unsold inventory, and fixed carbon costs. Therefore, we have extended the literature review to incorporate sustainability considerations in inventory models involving an industry’s environmental and social effects. As a result, in this article, a detailed analysis of the existing literature and related weaknesses provide meaningful discussions on crucial issues for future field research avenues in the field.

Highlights

Due to long-term greenhouse gas (GHG) emissions, between 1990 and 2013, the WorldMeteorological Organization reported a global 34 per cent growth in radiative forcing, indicating increasing global warming [1]
According to Tighazoui et al [10], the remanufacturing process is extensively adopted in reverse logistics, whose goal is to manage the end life of used and discarded products, components, and materials
Considering these contributions, we recommend that the systematic analysis of the literature can be split into two key phases, that in turn are divided into two steps: 1

Summary

Introduction

Due to long-term greenhouse gas (GHG) emissions, between 1990 and 2013, the WorldMeteorological Organization reported a global 34 per cent growth in radiative forcing, indicating increasing global warming [1]. Modern manufacturing companies, commonly recognized as the primary source of pollutants, need to consider sustainable development a key issue in their business models and supply chain [2,3]. The objectives of reducing fossil fuel consumption and GHG emissions contributed to significant policy support for increasing the use of bioenergy [11]. The effects of global warming are becoming more evident in everyday life, with increasingly frequent incidents of flooding, drought, storms, and rising sea level [13]. This phenomenon is a significant source of Sustainability 2021, 13, 11756.

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