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Flexible business strategies to enhance resilience in manufacturing supply chains: An empirical study
Journal of Manufacturing Systems ( IF 12.1 ) Pub Date : 2020-11-01 , DOI: 10.1016/j.jmsy.2020.10.010
Rajesh R.

Abstract Resilience and flexibility in manufacturing and supply chains are widely discussed at times of the present crises situation due to COVID-19 pandemic. It is a question of ongoing debate among practitioners about the role of flexibility and complexity in building resilience for firms and their supply chains. In this research, we examine the flexible business strategies at the demand, supply, and process side of supply chains contributing to resilience. Five of the major flexible business strategies were acknowledged in this research and the single items for constructing them were posited. In this study, we observe the correlations among the constructs based on survey-based research in electronics manufacturing firms, followed by a dimensionality reduction of constructs using factor analysis. The data collected were subject to several initial tests for ensuring validity, reliability, and adequacy using relevant statistical indicators. The measurement model was converted into a structural model and path coefficients were determined. From the path analysis, the latent variables contributing to flexibility in supply chains were found to be independent estimators of resilience. Adding to it, we observe that the single items for measuring the flexibility of supply, process, product, and pricing strategies were evidenced to be strongly correlated. The results are useful to managers for taking decisions related to flexibility implementation, towards enhancing resilience in supply chains.

中文翻译:

增强制造业供应链弹性的灵活商业战略:一项实证研究

摘要 在当前因 COVID-19 大流行而出现的危机情况下,制造和供应链的弹性和灵活性得到了广泛讨论。关于灵活性和复杂性在为公司及其供应链建立弹性方面的作用,从业者之间一直在争论这个问题。在这项研究中,我们研究了有助于弹性的供应链需求、供应和流程方面的灵活业务战略。本研究确认了五个主要的灵活商业战略,并提出了构建它们的单个项目。在这项研究中,我们观察了基于电子制造公司基于调查的研究的构念之间的相关性,然后使用因子分析对构念进行降维。为确保使用相关统计指标的有效性、可靠性和充分性,收集的数据经过多次初步测试。将测量模型转换为结构模型并确定路径系数。从路径分析中,发现有助于供应链灵活性的潜在变量是弹性的独立估计量。除此之外,我们观察到用于衡量供应、流程、产品和定价策略灵活性的单个项目被证明具有很强的相关性。结果有助于管理人员做出与灵活性实施相关的决策,以增强供应链的弹性。将测量模型转换为结构模型并确定路径系数。从路径分析中,发现有助于供应链灵活性的潜在变量是弹性的独立估计量。除此之外,我们观察到用于衡量供应、流程、产品和定价策略灵活性的单个项目被证明具有很强的相关性。结果有助于管理人员做出与灵活性实施相关的决策,以增强供应链的弹性。将测量模型转换为结构模型并确定路径系数。从路径分析中,发现有助于供应链灵活性的潜在变量是弹性的独立估计量。除此之外,我们观察到用于衡量供应、流程、产品和定价策略灵活性的单个项目被证明具有很强的相关性。结果有助于管理人员做出与灵活性实施相关的决策,以增强供应链的弹性。和定价策略被证明是强相关的。结果有助于管理人员做出与灵活性实施相关的决策,以增强供应链的弹性。和定价策略被证明是强相关的。结果有助于管理人员做出与灵活性实施相关的决策,以增强供应链的弹性。
更新日期:2020-11-01
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