Empirical research on the relationships between demand- and supply-side risk management practices and their impact on business performance
Sturm S, Hohenstein NO, Birkel H, Kaiser G, Hartmann E (2021)
Publication Type: Journal article, Original article
Publication year: 2021
Journal
Original Authors: Sebastian Sturm, Nils-Ole Hohenstein, Hendrik Birkel, Gernot Kaiser, Evi Hartmann
Book Volume: ahead-of-print
Issue: ahead-of-print
Abstract
Purpose
This paper integrates research on demand- and supply-side risk management practices to better explain how to achieve competitive advantage in dynamic business conditions. The purpose of this study is to develop a model linking supply chain flexibility, agility, robustness and resilience and to investigate its relationships and impact on business performance.
Design/methodology/approach
The authors conduct a review of existing literature to derive their hypotheses and operationalize the respective constructs. The formulated research model is then validated applying partial least squares structural equation modeling on survey data from 89 multi-national companies based in Europe.Findings
The authors find a significant positive relationship between supply chain flexibility and supply chain agility as well as supply chain robustness and supply chain resilience, respectively. Additionally, it is argued that supply chain flexibility, agility and resilience have significant positive impact on individual dimensions of business performance.Originality/value
The relationships between supply chain flexibility, agility, robustness, resilience and business performance are investigated and empirically validated altogether in a single model for the first time, providing a clear separation of these terms and shedding further light on the management of supply chain risks.Authors with CRIS profile
Sebastian Sturm
Lehrstuhl für Betriebswirtschaftslehre, insbesondere Supply Chain Management
Hendrik Birkel
Lehrstuhl für Betriebswirtschaftslehre, insbesondere Supply Chain Management
Eva Maria Hartmann
Lehrstuhl für Betriebswirtschaftslehre, insbesondere Supply Chain Management
Involved external institutions
Germany (DE)How to cite
APA:
Sturm, S., Hohenstein, N.-O., Birkel, H., Kaiser, G., & Hartmann, E. (2021). Empirical research on the relationships between demand- and supply-side risk management practices and their impact on business performance. Supply Chain Management-An International Journal, ahead-of-print. https://dx.doi.org/10.1108/SCM-08-2020-0403
MLA:
Sturm, Sebastian, et al. "Empirical research on the relationships between demand- and supply-side risk management practices and their impact on business performance." Supply Chain Management-An International Journal ahead-of-print (2021).
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