Firm performance implications of supply chain integration, agility and innovation in agri-businesses: evidence from an emergent economy

Abstract

PurposeThis study empirically examines the effect of supply chain integration (SCI) on financial performance (FP) and controls for the mediating effects of supply chain agility (SCA), supply chain (SC) innovation and operational performance (OP).Design/methodology/approachThrough a causal research design, structured questionnaires were used for primary data collection from 217 commercial poultry farms (CPFs) operating in the Bono Region of Ghana. Structural equation modeling was reflectively configured to test the formulated hypotheses.FindingsSCI causes a statistically significant moderate positive variance in OP in terms of cost-effectiveness, order fulfillment rate, operating cycle, inventory turns, business process innovation. SCI is an insignificant weak positive predictor of FP (growth in revenue, profit, return on investment, sales growth) of CPFs operating in Ghana. Furthermore, OP significantly and positively mediates the predictive relationship between SCI and FP. Again, SC innovation significantly mediates the predictive relationship between SCI and OP. However, SCA fails to significantly mediate the predictive relationship between SCI and OP.Research limitations/implicationsFocal firms' characteristics were ignored, although they may determine how SCI affects OP and FP in the presence of SCA and SC innovation.Originality/valueEmpirically, SCI has no direct impact on FP of CPFs but does so indirectly through the mediating role of OP.

Blockchain-enabled supply chain management: integrated impact on firm performance and robustness capabilities

“…Finally, it is evident that SC managers perceive that implementation of blockchain technology for SC parameters will help improve SC firm BPMJ 29,6 performance and provide a better technology-oriented platform for SCM (Hasan et al, 2020;Li et al, 2022;Philsoophian et al, 2022;Sheel and Nath, 2019a). Lastly, we conclude that, in O&G SCM, integration, agility and security are the most critical elements of the firm performance (Abeysekara et al, 2019;Aggrey et al, 2022;Liu et al, 2018;Muafi and Sulistio, 2022;Ngai et al, 2011). Among these SC parameters, SC agility has a higher beta value of 0.824 than the other parameters, which shows that in oil and gas SCM, agility is the most valuable attribute for oil and gas SC performance.…”

“…, 2022; Sheel and Nath, 2019a). Lastly, we conclude that, in O&G SCM, integration, agility and security are the most critical elements of the firm performance (Abeysekara et al ., 2019; Aggrey et al ., 2022; Liu et al ., 2018; Muafi and Sulistio, 2022; Ngai et al ., 2011). Among these SC parameters, SC agility has a higher beta value of 0.824 than the other parameters, which shows that in oil and gas SCM, agility is the most valuable attribute for oil and gas SC performance.…”

Factors affecting organisations' supply chain agility and competitive capability

“…In the context of increasing market unpredictability, organisations are expected to improve the speed of their response to various changes (Aggrey et al, 2022). This requires a comprehensive assessment of current and future market conditions as well as specific organisational capabilities.…”

The Influence of Supply Chain Integration, Agility, and Innovation on Company Performance

“…Given the ever-changing business landscape, agility and innovation within the supply chain are essential. Aggrey et al [13] argue that innovation addresses environmental uncertainty by providing profitable solutions to meet customer needs. Karaman [14] illustrates how supply chain innovation ensures sustainability.…”

“…Karaman [14] illustrates how supply chain innovation ensures sustainability. Research by [13] shows that higher supply chain innovation correlates with improved company performance attributed to innovative business models implemented with partners.…”