Impact of suppliers’ green attributes in corporate image and financial profit: case maquiladora industry

Nowadays, companies are working in a globalized way and they buy components and raw materials from different supplier in other countries. The selection of the best supplier is a complex process because a lot of attributes must be integrated in the evaluation. Additionally, in the last years environm...

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Bibliographic Details
Published in:International journal of advanced manufacturing technology 2015-09, Vol.80 (5-8), p.1277-1296
Main Authors: Villanueva-Ponce, Rodrigo, Garcia-Alcaraz, Jorge Luis, Cortes-Robles, Guillermo, Romero-Gonzalez, Jaime, Jiménez-Macías, Emilio, Blanco-Fernández, Julio
Format: Article
Language:English
Subjects:
CAE) and Design
Computer-Aided Engineering (CAD
Engineering
Green marketing
Industrial and Production Engineering
Mechanical Engineering
Media Management
Original Article
Procurement management
Purchasing
Raw materials
Structural equation modeling
Suppliers
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Summary:Nowadays, companies are working in a globalized way and they buy components and raw materials from different supplier in other countries. The selection of the best supplier is a complex process because a lot of attributes must be integrated in the evaluation. Additionally, in the last years environmental attributes of suppliers are essentials to be considered increasing the difficulty of the process. Despite its importance, companies are not fully aware about the potential benefits that are gaining when environmental attributes and regulations are integrated in the supplier’s selection process, usually because environmental friendly products are more expensive. This research presents a structural equation model based on a survey applied to 206 purchasing managers or individuals with similar responsibilities in companies established in Mexico. The objective of this equation model is to generate a causal analysis useful to observe the relation between variables associated to environmental care from suppliers and the financial and corporative image gained. Finds indicate that companies are improving their profits and corporative image if environmental attributes are considered as additional supplier’s selection criteria, and usually these companies are also increasing the quality of their production process.
ISSN:0268-3768
1433-3015
DOI:10.1007/s00170-015-7082-6