Journal
SUSTAINABILITY
Volume 13, Issue 9, Pages -Publisher
MDPI
DOI: 10.3390/su13095138
Keywords
supply chain management strategy; operational performance; financial performance; manufacturing firms; Korea
Ask authors/readers for more resources
This study examined the impact of supply chain management on the operational performance of SMEs in Korea, revealing that SCM strategies and organizational competencies significantly influence overall business performance. The findings also showed that organizational competencies mediate the effect of SCM strategies on operational performance. Introducing SCM strategies directly improves business performance and is closely related to competencies such as research and development, production capability, and marketing capabilities.
Given that small and medium manufacturing enterprises (SMEs) are key to national economic development, the application of supply chain strategies that support their sustainability is critical. This study aims to identify the effects of supply chain management (SCM) on the operational performance of SMEs in Korea, specifically considering organizational competencies. To achieve this, an empirical survey was conducted on 300 Korean manufacturing SMEs that had introduced SCM strategies. The relationships between the variables were analyzed through structural equation modeling. These show that specific SCM strategies and organizational competencies had a significant effect on overall business performance. Furthermore, the SCM strategies had a significant effect on SME organizational competencies. Additionally, we analyzed the mediating effect of organizational competencies on the effect of SCM strategy on overall business performance. We found that organizational competence mediated the effect of SCM strategy on operational performance, but not on financial performance. The study shows that introducing SCM strategies directly improves business performance and is closely related to competencies such as research and development, technology commercialization, production capability, and marketing capabilities. Consequently, a combination of SCM strategies and organizational competencies can generate sustainable overall business performance among SMEs.
Authors
I am an author on this paper
Click your name to claim this paper and add it to your profile.
Reviews
Recommended
No Data Available