Supply chain management
Hadi rahmani fazli; hamid reza teymori
Abstract
Supply chain management constitutes a strategic discipline involving the meticulous coordination of planning, execution, and efficient control in directing the flow of raw materials, works-in-progress, finished goods, and pertinent information from origin to consumption. This intricately woven process ...
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Supply chain management constitutes a strategic discipline involving the meticulous coordination of planning, execution, and efficient control in directing the flow of raw materials, works-in-progress, finished goods, and pertinent information from origin to consumption. This intricately woven process profoundly influences all dimensions of industries and enterprises; therefore, a meticulous understanding of its opportunities and threats holds paramount significance in the landscape of industry and commerce. So, evaluating industries' resilience to existing risks is pivotal, underscoring the importance of managing supply chain risks. The global landscape has witnessed profound late-century breakthroughs, leading to the heightened complexity of supply chains. This complexity exposes supply chains to various risks, requiring managers to navigate environmental uncertainties arising from sudden shifts in demand, supply, and production processes within fiercely competitive environments. Consequently, risk management has emerged as a critical facet of effective supply chain management. This study employed structural equation modeling (SEM) and Amos software for analysis, utilizing random sampling based on Morgan's table to collect 385 observations from managers of manufacturing joint-stock companies, ranging from production workshop supervisors to higher positions, through a questionnaire. Findings indicate that preventive risk mitigation can trigger supply and manufacturing risks, subsequently leading to delivery risks, indicating a cascade effect of supply-side risks on downstream supply chains. Consequently, focusing on reducing supply risks can be advantageous in mitigating production and delivery risks. Furthermore, economic uncertainty, with coefficients of 1.1, 2.8, and 1.95, significantly influences supply, production, and delivery risks within the supply chain, resulting in reduced profitability and economic stability. Policymakers are urged to take action to minimize market uncertainties. Additionally, since competitive intensity exhibits a negative correlation with supply chain risks, measures should be taken to intensify industry competition by enforcing anti-monopoly legislation.
