IDEAS home Printed from https://ideas.repec.org/a/bla/bstrat/v29y2020i8p3331-3351.html
   My bibliography  Save this article

An investigation of key performance indicators for operational excellence towards sustainability in the leather products industry

Author

Listed:
  • Md. Abdul Moktadir
  • Ashish Dwivedi
  • Akib Rahman
  • Charbel Jose Chiappetta Jabbour
  • Sanjoy Kumar Paul
  • Razia Sultana
  • Jitender Madaan

Abstract

Operational excellence refers to a mixed management structure that enhances the productivity of an industry by exercising the best practices and efforts for continuous improvement. In order to achieve sustainability, operational excellence initiatives are practiced by different organizations. The intent is to investigate how to perform the practices of operational excellence towards sustainability in industries. In the existing literature, some studies investigated key performance indicators (KPIs) for other domains that are not readily applicable in the background of an emerging economy, principally for the leather products industry. To fulfill these research gaps, this study contributes to the operational excellence literature by recognizing the KPIs of operational excellence towards sustainability by examining the peer‐reviewed scientific articles and through expert's suggestions. The identified KPIs are segregated into six dominant categories and 27 sub‐KPIs in the field of leather products industry. Further, the prioritization of the KPIs is established by adopting the best‐worst method (BWM), which involves simple pairwise comparison matrices compared with other multicriteria decision making techniques. The findings indicate that the KPIs under the “Management” category are at the highest priority. It is anticipated that the results originated from the study will support the expert's to appropriately recognize the significant KPIs and drop insignificant KPIs for successful operational excellence towards sustainability practices in the supply chain of the emerging economy.

Suggested Citation

  • Md. Abdul Moktadir & Ashish Dwivedi & Akib Rahman & Charbel Jose Chiappetta Jabbour & Sanjoy Kumar Paul & Razia Sultana & Jitender Madaan, 2020. "An investigation of key performance indicators for operational excellence towards sustainability in the leather products industry," Business Strategy and the Environment, Wiley Blackwell, vol. 29(8), pages 3331-3351, December.
  • Handle: RePEc:bla:bstrat:v:29:y:2020:i:8:p:3331-3351
    DOI: 10.1002/bse.2575
    as

    Download full text from publisher

    File URL: https://doi.org/10.1002/bse.2575
    Download Restriction: no

    File URL: https://libkey.io/10.1002/bse.2575?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Sisay Addis & Akshay Dvivedi & Birhanu Beshah, 2017. "Identifying and prioritising operational performance indicators of the Ethiopian leather industry," International Journal of Productivity and Quality Management, Inderscience Enterprises Ltd, vol. 22(3), pages 378-394.
    2. Danquah Jeff Boakye & Ishmael TIngbani & Gabriel Ahinful & Isaac Damoah & Venancio Tauringana, 2020. "Sustainable environmental practices and financial performance: Evidence from listed small and medium‐sized enterprise in the United Kingdom," Business Strategy and the Environment, Wiley Blackwell, vol. 29(6), pages 2583-2602, September.
    3. Frederik Dahlmann & Jens K. Roehrich, 2019. "Sustainable supply chain management and partner engagement to manage climate change information," Business Strategy and the Environment, Wiley Blackwell, vol. 28(8), pages 1632-1647, December.
    4. Shashi & Piera Centobelli & Roberto Cerchione & Myriam Ertz, 2020. "Managing supply chain resilience to pursue business and environmental strategies," Business Strategy and the Environment, Wiley Blackwell, vol. 29(3), pages 1215-1246, March.
    5. Rupert J. Baumgartner & Daniela Ebner, 2010. "Corporate sustainability strategies: sustainability profiles and maturity levels," Sustainable Development, John Wiley & Sons, Ltd., vol. 18(2), pages 76-89.
    6. Gimenez, Cristina & Sierra, Vicenta & Rodon, Juan, 2012. "Sustainable operations: Their impact on the triple bottom line," International Journal of Production Economics, Elsevier, vol. 140(1), pages 149-159.
    7. K. Coussement & D. Van Den Poel, 2008. "Integrating the Voice of Customers through Call Center Emails into a Decision Support System for Churn Prediction," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 08/502, Ghent University, Faculty of Economics and Business Administration.
    8. Mani, Venkatesh & Gunasekaran, Angappa, 2018. "Four forces of supply chain social sustainability adoption in emerging economies," International Journal of Production Economics, Elsevier, vol. 199(C), pages 150-161.
    9. Chipo Mukonza & Ilze Swarts, 2020. "The influence of green marketing strategies on business performance and corporate image in the retail sector," Business Strategy and the Environment, Wiley Blackwell, vol. 29(3), pages 838-845, March.
    10. Pedro Sena Ferreira & A.H.M. Shamsuzzoha & Cesar Toscano & Pedro Cunha, 2012. "Framework for performance measurement and management in a collaborative business environment," International Journal of Productivity and Performance Management, Emerald Group Publishing Limited, vol. 61(6), pages 672-690, July.
    11. Stefan Schaltegger & Marcus Wagner, 2011. "Sustainable entrepreneurship and sustainability innovation: categories and interactions," Business Strategy and the Environment, Wiley Blackwell, vol. 20(4), pages 222-237, May.
    12. Gunasekaran, A. & Patel, C. & McGaughey, Ronald E., 2004. "A framework for supply chain performance measurement," International Journal of Production Economics, Elsevier, vol. 87(3), pages 333-347, February.
    13. Kourkoumpas, Dimitrios-Sotirios & Benekos, Georgios & Nikolopoulos, Nikolaos & Karellas, Sotirios & Grammelis, Panagiotis & Kakaras, Emmanouel, 2018. "A review of key environmental and energy performance indicators for the case of renewable energy systems when integrated with storage solutions," Applied Energy, Elsevier, vol. 231(C), pages 380-398.
    14. M. Ishaq Bhatti & H. Awan & Z. Razaq, 2014. "The key performance indicators (KPIs) and their impact on overall organizational performance," Quality & Quantity: International Journal of Methodology, Springer, vol. 48(6), pages 3127-3143, November.
    15. Kailash & Rajeev Kumar Saha & Sanjeev Goyal, 2019. "Benchmarking model to analyse ISCM performance of selected Indian manufacturing industries using fuzzy AHP technique," International Journal of Industrial and Systems Engineering, Inderscience Enterprises Ltd, vol. 33(1), pages 1-16.
    16. Elzahar, Hany & Hussainey, Khaled & Mazzi, Francesco & Tsalavoutas, Ioannis, 2015. "Economic consequences of key performance indicators' disclosure quality," International Review of Financial Analysis, Elsevier, vol. 39(C), pages 96-112.
    17. S. Amaladhasan & P. Parthiban & R. Dhanalakshmi, 2019. "Green supply chain performance evaluation model for automotive manufacturing industries by using eco-balanced scorecard," International Journal of Services and Operations Management, Inderscience Enterprises Ltd, vol. 33(4), pages 442-467.
    18. W-H Tsai & W-C Chou & W Hsu, 2009. "The sustainability balanced scorecard as a framework for selecting socially responsible investment: an effective MCDM model," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 60(10), pages 1396-1410, October.
    19. Mi, Xiaomei & Tang, Ming & Liao, Huchang & Shen, Wenjing & Lev, Benjamin, 2019. "The state-of-the-art survey on integrations and applications of the best worst method in decision making: Why, what, what for and what's next?," Omega, Elsevier, vol. 87(C), pages 205-225.
    20. Morgan X. Yang & Ji Li & Irina Y. Yu & Kevin J. Zeng & Jian‐Min (James) Sun, 2019. "Environmentally sustainable or economically sustainable? The effect of Chinese manufacturing firms' corporate sustainable strategy on their green performances," Business Strategy and the Environment, Wiley Blackwell, vol. 28(6), pages 989-997, September.
    21. Md. Abdul Moktadir & Ashish Dwivedi & Syed Mithun Ali & Sanjoy Kumar Paul & Golam Kabir & Jitender Madaan, 2019. "Antecedents for greening the workforce: implications for green human resource management," International Journal of Manpower, Emerald Group Publishing Limited, vol. 41(7), pages 1135-1153, October.
    22. Moktadir, Md Abdul & Ali, Syed Mithun & Jabbour, Charbel Jose Chiappetta & Paul, Ananna & Ahmed, Sobur & Sultana, Razia & Rahman, Towfique, 2019. "Key factors for energy-efficient supply chains: Implications for energy policy in emerging economies," Energy, Elsevier, vol. 189(C).
    23. Yigit Kazancoglu & Muhittin Sagnak & Yasanur Kayikci & Sachin Kumar Mangla, 2020. "Operational excellence in a green supply chain for environmental management: A case study," Business Strategy and the Environment, Wiley Blackwell, vol. 29(3), pages 1532-1547, March.
    24. Kylili, Angeliki & Fokaides, Paris A. & Lopez Jimenez, Petra Amparo, 2016. "Key Performance Indicators (KPIs) approach in buildings renovation for the sustainability of the built environment: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 56(C), pages 906-915.
    25. Yanyan Yang & Shenle Pan & Eric Ballot, 2017. "Innovative vendor-managed inventory strategy exploiting interconnected logistics services in the Physical Internet," International Journal of Production Research, Taylor & Francis Journals, vol. 55(9), pages 2685-2702, May.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Sharma, Varun & Vijayaraghavan, T.A.S. & Raghu Ram, Tata L., 2023. "Resolving operational paradox of sustainable supply chain: A decision framework approach," Socio-Economic Planning Sciences, Elsevier, vol. 87(PB).
    2. Emilia-Zorica Bozga, 2021. "Insights from Companies Research: Sustainability Matters," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 199-206, August.
    3. Rafael Henríquez-Machado & Andrés Muñoz-Villamizar & Javier Santos, 2021. "Sustainability through Operational Excellence: An Emerging Country Perspective," Sustainability, MDPI, vol. 13(6), pages 1-17, March.
    4. Md. Tarek Chowdhury & Aditi Sarkar & Sanjoy Kumar Paul & Md. Abdul Moktadir, 2022. "A case study on strategies to deal with the impacts of COVID-19 pandemic in the food and beverage industry," Operations Management Research, Springer, vol. 15(1), pages 166-178, June.
    5. Ashish Dwivedi & Sanjoy Kumar Paul, 2022. "A framework for digital supply chains in the era of circular economy: Implications on environmental sustainability," Business Strategy and the Environment, Wiley Blackwell, vol. 31(4), pages 1249-1274, May.
    6. Snežana Nestić & Ranka Gojković & Tijana Petrović & Danijela Tadić & Predrag Mimović, 2022. "Quality Performance Indicators Evaluation and Ranking by Using TOPSIS with the Interval-Intuitionistic Fuzzy Sets in Project-Oriented Manufacturing Companies," Mathematics, MDPI, vol. 10(22), pages 1-19, November.
    7. Moktadir, Md. Abdul & Rahman, Mohammed Mizanur, 2022. "Energy production from leather solid wastes by anaerobic digestion: A critical review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 161(C).
    8. Ivo Hristov & Antonio Chirico & Riccardo Camilli, 2022. "The role of Key Performance Indicators as a performance management tool in implementing corporate strategies: A critical review of the literature," FINANCIAL REPORTING, FrancoAngeli Editore, vol. 2022(1), pages 117-151.
    9. Irjayanti Maya & Azis Anton Mulyono, 2021. "Quality Management for Leather Industry to Increase Competitiveness in the Global Market," HOLISTICA – Journal of Business and Public Administration, Sciendo, vol. 12(2), pages 16-30, August.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Irjayanti Maya & Azis Anton Mulyono, 2021. "Quality Management for Leather Industry to Increase Competitiveness in the Global Market," HOLISTICA – Journal of Business and Public Administration, Sciendo, vol. 12(2), pages 16-30, August.
    2. Snežana Nestić & Ranka Gojković & Tijana Petrović & Danijela Tadić & Predrag Mimović, 2022. "Quality Performance Indicators Evaluation and Ranking by Using TOPSIS with the Interval-Intuitionistic Fuzzy Sets in Project-Oriented Manufacturing Companies," Mathematics, MDPI, vol. 10(22), pages 1-19, November.
    3. Lydia Novoszel & Tina Wakolbinger, 2022. "Meta-analysis of Supply Chain Disruption Research," SN Operations Research Forum, Springer, vol. 3(1), pages 1-25, March.
    4. María Luisa Pajuelo Moreno & Teresa Duarte-Atoche, 2019. "Relationship between Sustainable Disclosure and Performance—An Extension of Ullmann’s Model," Sustainability, MDPI, vol. 11(16), pages 1-33, August.
    5. Jääskeläinen, Aki, 2021. "The relational outcomes of performance management in buyer-supplier relationships," International Journal of Production Economics, Elsevier, vol. 232(C).
    6. Marikka Heikkilä & Harry Bouwman & Jukka Heikkilä & Sam Solaimani & Wil Janssen, 2016. "Business model metrics: an open repository," Information Systems and e-Business Management, Springer, vol. 14(2), pages 337-366, May.
    7. Guo‐Ciang Wu, 2017. "Effects of Socially Responsible Supplier Development and Sustainability‐Oriented Innovation on Sustainable Development: Empirical Evidence from SMEs," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 24(6), pages 661-675, November.
    8. Md. Raquibuzzaman Khan & Nazia Tabassum & Niaz Ahmed Khan & Mohammad Jahangir Alam, 2022. "Procurement challenges in public-sector agricultural development projects in Bangladesh," Palgrave Communications, Palgrave Macmillan, vol. 9(1), pages 1-13, December.
    9. Shafiq, Asad & Johnson, P. Fraser & Awaysheh, Amrou, 2019. "Emerging economy sourcing: Implications of supplier social practices for firm performance," International Journal of Production Economics, Elsevier, vol. 218(C), pages 148-158.
    10. Thaís Vieira Nunhes & Merce Bernardo & Otávio José de Oliveira, 2020. "Rethinking the Way of Doing Business: A Reframe of Management Structures for Developing Corporate Sustainability," Sustainability, MDPI, vol. 12(3), pages 1-32, February.
    11. Raut, Rakesh D. & Mangla, Sachin Kumar & Narwane, Vaibhav S. & Dora, Manoj & Liu, Mengqi, 2021. "Big Data Analytics as a mediator in Lean, Agile, Resilient, and Green (LARG) practices effects on sustainable supply chains," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 145(C).
    12. Jenni Kaipainen & Leena Aarikka‐Stenroos, 2022. "How to renew business strategy to achieve sustainability and circularity? A process model of strategic development in incumbent technology companies," Business Strategy and the Environment, Wiley Blackwell, vol. 31(5), pages 1947-1963, July.
    13. Rafael Henríquez-Machado & Andrés Muñoz-Villamizar & Javier Santos, 2021. "Sustainability through Operational Excellence: An Emerging Country Perspective," Sustainability, MDPI, vol. 13(6), pages 1-17, March.
    14. Małgorzata Zakrzewska & Katarzyna Piwowar‐Sulej & Szymon Jarosz & Adam Sagan & Mariusz Sołtysik, 2022. "The linkage between Agile project management and sustainable development: A theoretical and empirical view," Sustainable Development, John Wiley & Sons, Ltd., vol. 30(5), pages 855-869, October.
    15. Dionysios Pramangioulis & Konstantinos Atsonios & Nikos Nikolopoulos & Dimitrios Rakopoulos & Panagiotis Grammelis & Emmanuel Kakaras, 2019. "A Methodology for Determination and Definition of Key Performance Indicators for Smart Grids Development in Island Energy Systems," Energies, MDPI, vol. 12(2), pages 1-22, January.
    16. Chandra, Dheeraj & Kumar, Dinesh, 2021. "Evaluating the effect of key performance indicators of vaccine supply chain on sustainable development of mission indradhanush: A structural equation modeling approach," Omega, Elsevier, vol. 101(C).
    17. Ana Rodríguez-Olalla & Carmen Avilés-Palacios, 2017. "Integrating Sustainability in Organisations: An Activity-Based Sustainability Model," Sustainability, MDPI, vol. 9(6), pages 1-17, June.
    18. Sara Alonso-Muñoz & Rocío González-Sánchez & Cristina Siligardi & Fernando E. García-Muiña, 2021. "New Circular Networks in Resilient Supply Chains: An External Capital Perspective," Sustainability, MDPI, vol. 13(11), pages 1-18, May.
    19. Stefano Armenia & Rosa Maria Dangelico & Fabio Nonino & Alessandro Pompei, 2019. "Sustainable Project Management: A Conceptualization-Oriented Review and a Framework Proposal for Future Studies," Sustainability, MDPI, vol. 11(9), pages 1-16, May.
    20. Andrew Mzembe, 2021. "The psychological distance and construal level perspectives of sustainable value creation in SMEs," Sustainable Development, John Wiley & Sons, Ltd., vol. 29(2), pages 465-478, March.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:bstrat:v:29:y:2020:i:8:p:3331-3351. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://onlinelibrary.wiley.com/journal/10.1002/(ISSN)1099-0836 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.