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Planet-Smart, Price-Conscious, or Properly Prepared?: A Case Study on Balancing Sustainability, Cost and Resilience in Volvo Construction Equipment
Jönköping University, Jönköping International Business School, JIBS, Business Administration.
Jönköping University, Jönköping International Business School.
2023 (English)Independent thesis Advanced level (degree of Master (Two Years)), 20 credits / 30 HE creditsStudent thesis
Abstract [en]

Background: This research investigates the relationship between three factors i.e., Cost, Resilience, and Sustainability, and how those can be managed and balanced within a company. Since cost dictates and steers many business decisions and strategies, it can be challenging to prioritise resilience and sustainability. However, disruptions are a common event for a supply chains, which could cause significant ramifications on cost if a company does not prepare for those with e.g., resilient strategies. Moreover, sustainability has become a major focus for companies but generally increases a supply chain's overall costs. Due to this, the study will investigate those issues with Volvo Construction Equipment (VCE) as a case company.

Purpose: Despite the general understanding that cost and profitability are the most critical aspects for a company to survive and become successful, resilience and sustainability are crucial factors to consider for companies, even if costs might increase and the profit might suffer. For that purpose, this study will examine and compare the pros and cons of those factors and try to determine how these are aligned within a business because it is within the study’s interest to evaluate and assess VCEs’ efforts and potential to align and balance cost, resilience, and sustainability.

Method: This study is qualitative research with an inductive approach and a single case study. In addition, semi-structured interviews have been carried out with employees representing the case company. Whereby the data collection was interpreted and analysed by utilising the thematic analysis method

Conclusion: The findings highlight the relationship between cost, resilience, and sustainability on a company level and showcase how VCE can align and balance these factors. Moreover, it also outlined what VCE are doing right today but also what kind of success factors might be helpful in other areas since it became evident that VCE possesses a high level of sustainable practices and vision throughout the organisation; however, similar practices and vision might be an area of improvement for the resilience perspective.

Place, publisher, year, edition, pages
2023. , p. 70
Keywords [en]
Supply Chain Management, Supply Chain Resilience, Environmental Sustainability, Supply Chain Decision-making, Supply Chain Alignment, Supplier Relationship, Supply Chain Cost Management
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hj:diva-60677ISRN: JU-IHH-FÖA-2-20231912OAI: oai:DiVA.org:hj-60677DiVA, id: diva2:1762236
External cooperation
Volvo Construction Equipment
Subject / course
JIBS, Business Administration
Supervisors
Examiners
Available from: 2023-06-26 Created: 2023-06-02 Last updated: 2023-06-26Bibliographically approved

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CiteExportLink to record
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Citation style
  • apa
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Language
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