Exploring the influence of supply chain collaboration on supply chain visibility, stakeholder trust, environmental and financial performances: a partial least square approach
Изучение влияния сотрудничества в цепи поставок на прозрачность цепи поставок, доверие заинтересованных сторон, экологические и финансовые результаты: подход на основе метода частичных наименьших квадратов
2021-04-28
SCID: 54.1/gdprgzce
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environmental performancepartial least squares structural equation modelingstakeholder trustsupply chain collaborationsupply chain visibility
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Abstract (AI)
Purpose The need to stay competitive amidst ever-changing business environment has shifted competitive strategies from firms to supply chains. Managers are now basing competitive strategies on supply chains acknowledging that supply chains present competitive advantages among other resources. The purpose of the study is to explore the predictive relevance of supply chain collaboration and the extent to which it influences supply chain visibility, stakeholder trust, environmental and financial performances. This study focused on manufacturing firms due to their supplier relationships, consumption of resources, energy and emissions of greenhouse gasses. Design/methodology/approach The study adopted a survey research design, a quantitative approach and partial least square structural equation modelling technique in making data analysis and interpretations due to its suitability for predictive research models as is the case in this study. Findings The study hypothesized that supply chain collaboration positively and significantly interacts with supply chain visibility, stakeholder trust, environmental and financial performances. The study results confirmed supply chain collaboration as a significant, positive and a robust influence on supply chain visibility, stakeholder trust, environmental and financial performances thereby projecting win-win scenarios for firms that engage in collaborative supply chain practices. Originality/value The study is among the few to indicate findings in relation to the scope of supply chain collaboration's potency in influencing performance from the perspective of manufacturing firms operational in an emerging economy. Thus, this study contributes to understanding the wider scope of supply chain collaboration, its interactions with other firm variables and how it informs decisions of managers, scholars and supply chain partners.
Key Findings
1
Collaborative supply chain practices significantly improve both environmental and financial performance.
2
Supply chain collaboration significantly and positively enhances stakeholder trust across the supply chain.
3
Supply chain collaboration significantly and positively influences supply chain visibility in manufacturing firms.
4
The findings support supply chain collaboration as a robust predictor of visibility, trust, environmental outcomes, and financial outcomes.
5
The study extends evidence on collaboration’s performance effects among manufacturing firms in an emerging economy using partial least squares structural equation modelling.
Research Object
Manufacturing firms and their supply chains
Research Subject
The influence of supply chain collaboration on supply chain visibility, stakeholder trust, environmental performance, and financial performance
Publication Details
Publication Date
2021-04-28
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