Introduction
The Sustainable Transportation Operations Plan (STOP) aims to make social and economic changes among the Asian Development Bank’s (ADB) member states. Organizations prefer efficient STOP development strategies to effect a functional culture within individual workspaces. The policies initiated in developing sustainable transportation operations plans determine the accuracy of attaining social and economic growth at ADB and its beneficiaries. The Asian Development Bank applies the concept of STOP to facilitate a smooth transition of activities across the member states. The bank’s partners and well-wishers from Europe provide technical, financial, and socially sustainable support in realizing improved transportation and logistics (T&L) operations in the freight business.
The achievability of STOP strategies leans on the adopted conceptual frameworks in the transportation industry. The organizational values at ADB prioritize sustainable development. For instance, the company expects its employees to possess fairness, learning, integrity, accountability, diversity, and inclusion skills as the core values of operation in the production line. In addition, the leadership styles implemented by the firm’s founders concentrate on achieving environmental sustainability, similar to STOP’s strategy. A deep analysis of the benefits of STOP exposes the institution to appropriate positions of developing initiatives toward the implementation of sustainable economic and social responsibilities.
The Needs for Sustainable Transportation Plan
STOP prioritizes the descriptions of sustainable transport needs in the freight flow. Dong et al. (2019) illustrate the relationships between STOP and sustainable urban development through the lens of economic growth. The article’s finding stresses the absence of practical applications of accurate STOP as the primary limit to implementing underground logistics systems (Dong et al., 2019). Developing urban transport within ADB’s primary markets is essential because the act will reduce traffic jams in such locations. An increase in the number of ring roads within urban settings speeds up motor movements. Thus, ADB will increase its supply chain across numerous borders with the rise of more urban roads. Furthermore, the infrastructure in urban areas influences truck drivers’ movement. Therefore, the ADB’s truck drivers will fasten the supply chain of products and services based on the increased connections of urban infrastructural developments in the transport sector. The transportation of products from the industry to the markets will occur efficiently based on the improved road statuses.
The STOP policy demands an effective transition of goods from one border to another. As a result, Kelle et al. (2019) echo that the strategy incorporates accident emergency management policy initiatives as an essential requirement. The third and final need in the Sustainable Transportation Operations Plan involves climate change initiatives. STOP anticipates a free-polluted environment in manufacturing and marketing products and services. Infrastructural constrictions must be done to prevent the release of harmful wastes into the atmosphere.
Effects of Sustainable Transportation Operations Plan
Sustainable Transportation Operations Plan directly impacts the economy. First, the adoption of STOP approaches in the freight business will facilitate the building of more roads. The rural regions will have access to urban centers with the ongoing construction of ring roads. Guo et al. (2019) recommend collaborative planning in the construction of roads because the act improves the sustainable supply of products and services. The urban roads incorporated in the STOP initiative will connect producers and consumers of various products manufactured by ADB.
Secondly, the STOP initiative aims at inventing and purchasing electric cars to replace expensive fuel vehicles in the transportation and logistics industry. The high cost of living and hiked prices of fuels, transport prices, and cost of products can be minimized with the innovation of electric cars. The sustainable social environments anticipated in the future transportation industry can be attained through the inception of electric automobiles in freight flow. Electric motors benefit society because they have a better performance rate and lower the maintenance costs observed in trucks operated by human drivers.
ADB Company Information
A brief overview of the Asian Development Bank can assist the research in linking STOP initiatives in the transportation industry. The ADB is a multilateral developmental bank that offers loans and grants to create social and economic development among third-world countries. The bank’s headquarters is set in Mandaluyong and has a staff of approximately 4000 individuals. ADB issues technical assistance, supply chain strategies, and debt management services to its members to change the world. The organization is particularly concerned about the efficient supply of freight goods across borders.
ADB enjoys customer loyalty in the transportation industry because it employs competitive, reliable, and experienced leaders in the T&L department. Guo et al. (2019) commend the green technology in freight flow since it aids the strategic policies of supply chain management. Sustainable business environments start and end with adopting efficient supply chain strategies. The implementation of STOP at ADB will utilize the Digital Operations of Supply Chains, Supply Chain if Customer Fulfillment and Collaboration, and Supply and Logistics Management strategy to realize smooth trading of goods and services.
Freight Flow Strategies
The freight flow strategy management is essential in developing a functional STOP strategy. Creating near, mid, and long-term approaches will enhance the installment of STOP policies. The near-term frameworks of the STOP will consider building urban roads to ease the flow of jams. The economic and social plans linked to ADB will effectively function with the construction of road transportation systems within one and two years. The search for alternatives to the increased road accidents can be adopted in the mid-term freight flow framework. Support scale systems from promoters and sponsors can influence the research outcomes. Thus, urban transportation can be inserted under the mid-term policies of STOP. The last phase of the freight flow framework involves the long-term strengthening of socially sustainable policies toward introducing electric vehicles. ADB can increase its impact on the community by following the procedure of the STOP initiative.
Expected Results and Recommendation
Sustainable Transportation Operations can lead organizations to productive business operations and effective community relations. A sustainable social society employs youth and qualified individuals. For instance, building more roads in the urban transportation system will provide employment opportunities to community members. The economic growth expected from the STOP strategy will increase the nation’s economic growth based on opening new business routes that allow the flow of goods in and out of the country. ADB is expected to experience an improvement in supply chain operations based on the effective hiring of skilled and expert T&L leaders. STOP will recommend the adoption of data science in the planning and optimization of the transport sector.
Conclusion
The STOP strategies are beneficial because they aid the development of social and economic growth. The construction of urban roads, creation of employment, improvement of supply chain management, and innovation in the transportation and logistics industry shortlists the significance of STOP. Planning and implementing better transportation and logistics strategies will result in the realization of safe freight flow. The article proposes the division of the design into near, mid, and long-term freight flows; the three phases of development will lead to social and economic sustainable growth. Furthermore, the STOP exposes ADB leaders to developing functional plans for attaining effective transportation policy.
References
Dong, J., Xu, Y., Hwang, B., Ren, R., & Chen, Z. (2019). The impact of underground logistics system on sustainable urban development: A system dynamics approach. Sustainability, 11(5), 1223–1245. Web.
Guo, Y., Chen, T., Boulaksil, Y., Xiao, L., & Allaoui, H. (2022). Collaborative planning of multi-tier sustainable supply chains: A reinforcement learning approach. SSRN Electronic Journal, 5(2), 134–167. Web.
Kelle, P., Song, J., Jin, M., Schneider, H., & Claypool, C. (2019). Evaluation of operational and environmental sustainability tradeoffs in multimodal freight transportation planning. International Journal of Production Economics, 209(32), 411–420. Web.