Abstract:
Managing the supply chain with greening is progressively a concern for many
manufacturing companies and a challenge for logistic management in the 21st
century. The concept of greening the supply chain is considered worldwide by
academics, researchers, and business entrepreneurs. Further, many stakeholders
encourage business enterprises to adopt green or environmental activities, especially
on manufacturing processes. The purpose of this research was to investigate the
impact of green supply chain management practices (GSCMP) on the financial
performance of the plastic goods manufacturing industry in Sri Lanka. The research
study analyzed three main elements of green supply chain management practices,
i.e., external green supply chain management practices, eco-design, and investment
recovery. This qualitative research study was carried out as a case study with special
reference to a major plastic goods manufacturing company in Sri Lanka. Data was
collected through interviews and documents (annual reports). Empirical findings
disclosed a strong impact of green supply chain practices: external green supply
chain management practices, eco-design, and investment recovery on the financial
performance of the plastic goods manufacturing sector in the country. The findings
of this study will be a novel contribution to the body of knowledge in the field of
green supply chain management.