Sustainability Meets Efficiency: Unveiling the Dual Impact on Supply Chain Performance in the Retail Sector. A Case Study of JB Hi-Fi

Mu Li

2024

Abstract

In recent years, the interplay between environmental sustainability and commercial expansion has emerged as a critical area of study. This investigation focuses on JB Hi-Fi, a key player in the Australian retail market, to dissect how sustainable practices influence fundamental supply chain performance indicators, including Cost of Goods Sold (COGS), inventory turnover, and the operating cycle. By leveraging advanced Lasso regression techniques to navigate the limitations of sparse data, this analysis uncovers nuanced effects: while employee engagement significantly elevates supply chain efficiency, initiatives aimed at environmental conservation, such as the recycling of soft plastics, introduce cost-related and operational complexities. This study not only deepens the current discourse on balancing sustainability with supply chain optimization but also offers unique perspectives for retailers striving to merge long-term environmental goals with business efficiency. Furthermore, it lays a robust foundation for future research to further explore the dynamic interconnections between sustainability measures and supply chain metrics, advocating for the integration of broader datasets and a more diverse array of sustainability indicators to enrich the comprehension of these critical relationships.

Paper Citation

in Harvard Style

Li M. (2024). Sustainability Meets Efficiency: Unveiling the Dual Impact on Supply Chain Performance in the Retail Sector. A Case Study of JB Hi-Fi. In Proceedings of the 1st International Conference on Engineering Management, Information Technology and Intelligence - Volume 1: EMITI; ISBN 978-989-758-713-9, SciTePress, pages 72-79. DOI: 10.5220/0012909000004508

in Bibtex Style

@conference{emiti24,
author={Mu Li},
title={Sustainability Meets Efficiency: Unveiling the Dual Impact on Supply Chain Performance in the Retail Sector. A Case Study of JB Hi-Fi},
booktitle={Proceedings of the 1st International Conference on Engineering Management, Information Technology and Intelligence - Volume 1: EMITI},
year={2024},
pages={72-79},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0012909000004508},
isbn={978-989-758-713-9},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st International Conference on Engineering Management, Information Technology and Intelligence - Volume 1: EMITI
TI - Sustainability Meets Efficiency: Unveiling the Dual Impact on Supply Chain Performance in the Retail Sector. A Case Study of JB Hi-Fi
SN - 978-989-758-713-9
AU - Li M.
PY - 2024
SP - 72
EP - 79
DO - 10.5220/0012909000004508
PB - SciTePress