A Sustainability Measurement Framework of Supply Chain Information Flow: The Case of Industry 4.0 Technology Implementation

Authors

  • Anna Todorova Saint Petersburg State University
  • Andrey Zyatchin Saint Petersburg State University

Abstract

In the presented paper a methodology for evaluation the sustainability of supply chain information flow that allows to find the most sustainable Industry 4.0 technology for implementation in oil & gas industry is developed: it is constructed the tree of key criteria for measuring sustainability of supply chain information flow, the evaluation framework for quantitative measuring sustainability of supply chain information flow is proposed, the recommendations of Industry 4.0 technology implementation are formulated.

Keywords:

sustainable supply chain information flow, Industry 4.0, multi-criteria problem

Downloads

Download data is not yet available.

References

Allen, F. and A. Santomero, (1998). The theory of financial intermediation. Journal of Banking & Finance, 21, 1461–1485.

Aminu, Y. and N. Zainudin, (2015). A Review of Anatomy of Working Capital Management Theories and the Relevant Linkages to Working Capital Components: A Theoretical Building Approach. European Journal of Business and Management, 7(2), 2222–2839 (Online)

Board of Directors PJSC Gazprom (2021). Sustainable Development Policy of Gazprom Group. Resolution of the Board of Directors PJSC Gazprom.

Bossel, H. (1999). Indicators for sustainable development : theory, method, applications: a report to the Balaton Group. International Institute for Sustainable Development.

Bryant, C. and E. Camerinelli, (2013). Supply Chain Finance European market guide Supply Chain Finance EBA European market guide. Euro Banking Association.

Calas, G. (2017). Mineral resources and sustainable development. Elements, 13(5), 301–306.

Camodeca, R. and A. Almici, (2021). Digital transformation and convergence toward the 2030 agenda's sustainability development goals: Evidence from italian listed firms. Sustainability (Switzerland), 13(21), 1–18.

Cherepovitsyn, A., A. Tsvetkova and N. Komendantova (2020). Approaches to assessing the strategic sustainability of high-risk offshore oil and gas projects. Journal of Marine Science and Engineering, 8(12), 1–31.

Chichilnisky, G. (1997). What Is Sustainable Development? Land Economics, 73(4), 467–491.

Cropper, M., S. Aydede and P. Portney (1994). Preferences for Life Saving Programs: How the Public Discounts Time and Age. Journal of Risk and Uncertainty, 8(3), 243–265.

Delmas, M. and M. Toffel (2004). Stakeholders and environmental management practices: An institutional framework. Business Strategy and the Environment, 13(4), 209–222.

Deutsche Bank Group (2020). Deutsche Bank Sustainable Finance Framework-Deutsche Bank Group.

Dmitrieva, D. and N. Romasheva (2020). Sustainable development of oil and gas potential of the arctic and its shelf zone: The role of innovations. Journal of Marine Science and Engineering, 8(12), 1–18.

Dobra, J., M. Dobra and A. Ouedraogo (2018). Does mineral developmentprovide a basis for sustainable economic development? Resources Policy, 58, 71–76.

Fisch, C. (2019). Initial coin offerings (ICOs) to finance new ventures. Journal of Business Venturing, 34(1), 1–22.

Gazprom Group's Sustainability Report 2021. (2021).

Granstrand, O. and M. Holgersson (2020). Innovation ecosystems: A conceptual review and a new definition. Technovation, 90–91.

Gritsenko, D. and E. Efimova (2020). Is there Arctic resource curse? Evidence from the Russian Arctic regions. Resources Policy, 65. https://doi.org/10.1016/J.RESOURPOL.2019.101547

Guitouni, A., J. Martel, M. Bélanger and C. Hunter (1999) Managing a Decision-Making Situation in the Context of the Canadian Airspace Protection. Faculté des Sciences de L'administration de L'Université Laval, Direction de la Recherche: Quebec City, QC, Canada.

Ilinova, A., Dmitrieva, D. (2018). The Mechanism of Innovative Development of the Russian Arctic Zone. International Journal of Mechanical Engineering and Technology (IJMET), 9(9), 1439–1451.

Kramer, M. and M. Pfitzer (2022). The Essential Link Between ESG Targets & Financial Performance. Harvard Business Review, September–October, 128–137. https://hbr.org/2022/09/the-essential-link-between-esg-targets-financial-performance

Manyika, J. and M. Chui (2015, July 12). By 2025, Internet of things applications could have $11 trillion impact. McKinsey Global Institute.

Marinina, O., A. Tsvetkova, Y. Vasilev, N. Komendantova and A. Parfenova (2022). Evaluating the Downstream Development Strategy of Oil Companies: The Case of Rosneft. Resources, 11(1), 1–21.

Metters, R. M. (2019). Cultural research in the production and operations management field. Now Publishers Inc.

Niemand, T., J. Rigtering, A. Kallmünzer, S. Kraus and A. Maalaoui (2021). Digitalization in the financial industry: A contingency approach of entrepreneurial orientation and strategic vision on digitalization. European Management Journal, 39(3), 317–326.

Our World in Data team (2023). Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation. Published online at OurWorldInData.org. Retrieved from: 'https://ourworldindata.org/sdgs/industry-innovation-infrastructure'

Qorri, A., Z. Mujkić, and A. Kraslawski (2018). A conceptual framework for measuring sustainability performance of supply chains. Journal of Cleaner Production, 189, 570–584.

Pezzey, J. (1989). Economic Analysis of Sustainable Growth and Sustainable Development. The World Bank Washington D.C.

Rogers, M. (1998). The definition and measurement of innovation. Melbourne Institute of Applied Economic and Social Research.

Samylovskaya, E., A. Makhovikov, A. Lutonin, D. Medvedev and R. Kudryavtseva (2022). Digital Technologies in Arctic Oil and Gas Resources Extraction: Global Trends and Russian Experience. Resources, 11(3), 1–30.

Seuring, S. (2013). A review of modeling approaches for sustainable supply chain management. Decision Support Systems, 54(4), 1513–1520.

Shvarts, E., A. Pakhalov and A. Knizhnikov (2016). Assessment of environmental responsibility of oil and gas companies in Russia: the rating method. Journal of Cleaner Production, 127, 143–151.

Soni, G., S. Kumar, R. Mahto, S. Mangla, M. Mittal and W. Lim, (2022). A decision-making framework for Industry 4.0 technology implementation: The case of FinTech and sustainable supply chain finance for SMEs. Technological Forecasting and Social Change, 180. https://doi.org/10.1016/j.techfore.2022.121686

Stadler, C. (2011). Process innovation and integration in process-oriented settings: The case of the oil industry. Journal of Product Innovation Management, 28(1), 44–62.

Statista (2023). Industries & Markets. Industry 4.0: in-depth market analysis Market Insights report. Market Insights Report

Tseng, M.-L., W.-W. Wu, Y.-H. Lin and C.-H. Liao (2008). An exploration of relationships between environmental practice and manufacturing performance using the PLS path modeling. WSEAS

Transactions on Environment and Development, 4(6), 487–502.

Ucal, M. and G. Xydis (2020). Multidirectional Relationship between Energy Resources, Climate Changes and Sustainable Development: Technoeconomic Analysis. Sustainable Cities and Society, 60, 102210. https://doi.org/10.1016/J.SCS.2020.102210

Vlasov, A. and A. Mozhchil (2018). Technology overview: From digital to intelligent oilfield PRONEFT. Prof. Oil, 3, 68–74.

Watróbski, J., J. Jankowski, P. Ziemba, A. Karczmarczyk and M. Zioło (2019). Generalised framework for multi-criteria method selection. Omega (United Kingdom), 86, 107–124. https://doi.org/10.1016/j.omega.2018.07.004

World Commission on Environment and Development (WCED). (1987). Report of the World Commission on Environment and Development: Our Common Future Towards Sustainable Development 2. . Part II. Common Challenges Population and Human Resources 4.

Wuttke, D., C. Blome, K. Foerstl and M. Henke (2013). Managing the Innovation Adoption of Supply Chain Finance-Empirical Evidence From Six European Case Studies. Journal of business logistics, 34(2), 148–166.

Downloads

Published

2023-12-31

How to Cite

Todorova, A., & Zyatchin, A. . (2023). A Sustainability Measurement Framework of Supply Chain Information Flow: The Case of Industry 4.0 Technology Implementation. Contributions to Game Theory and Management, 16, 237–270. Retrieved from https://gametheory.spbu.ru/article/view/17734

Issue

Section

Articles