Managing logistical supply chain drivers: A predictor of small township retailers’ odds of survival

Abstract

Formal independent small Sowetan retail businesses operate under challenging economic conditions that impede their ability to survive. However, the management of the logistical supply chain drivers can increase these small retailers' odds of survival.Research purpose: To investigate whether the management of the logistical supply chain drivers can serve as a predictor of formal independent small Sowetan retail businesses' odds of survival.Motivation for the study: Assisting formal independent small Sowetan retail businesses to integrate with local and formal supply chains, as well as increasing their odds of survival amidst the difficult economic conditions under which they operate.Research design, approach and method: A quantitative survey was conducted among 650 formal independent small Sowetan businesses, of which the responses of 556 retailers were analysed. Two binary logistic regression models were developed to determine whether the management of the logistical supply chain drivers could predict the small retailers' odds of survival. Main findings:The results of two binary logistic regression models showed that the management of the three logistical supply chain drivers influences the odds of formal independent small Sowetan retail businesses surviving for 5 years or longer, as well as their odds of growing their annual income.Practical/managerial implications: Assisting policymakers when designing developmental initiatives for townships. Contribution/value-add:This study strives to assist formal independent small Sowetan retail businesses operating within a developing country to manage their logistical supply chain drivers to increase their odds of survival and contribute to the economic development of their country.

Analisa Konfirmasi dan Klasifikasi Indikator Penggerak Daya Saing Rantai Pasok UMKM di Pedesaan

“…Faktor penggerak rantai pasok berperan penting sebagai faktor pendorong daya saing agar responsif dan efisien [1]. Menurut [2], [3], [1] ada enam faktor dalam penggerak rantai pasok yakni tiga penggerak logistic yaitu fasilitas, inventory, transportasi yang akan mendorong rantai pasok menjadi efisien. Kemudian tiga penggerak crossfunctional yaitu informasi, sourcing, dan pricing.…”

“…Nilai referensi loading faktor sebesar 0,50 atau lebih dianggap memiliki Jurnal Teknik Industri ISSN 2622-5131 (Online) Vol.12 No. 3 ISSN 1411-6340 (Print) validasi yang cukup kuat untuk menjelaskan variabel faktor (Hair et al, 2010;Ghozali, 2008). Selanjutnya Kriteria nilai CR disimpulkan reliabel, apabila bernilai lebih dari 0,6.…”

“…Artinya diperlukan prioritas dan koordinasi dari lima besar bauran indicator tersebut. Hasil ini selaras dengan penelitian [3] bahwa faktor logistical yang meliputi bauran dari transportasi, inventori dan fasilitas memiliki pengaruh yang kuat pada UMKM untuk mampu bertahan. UMKM yang mampu mengelola bauran dari faktor logistical akan bertahan lebih dari lima tahun dibandingkan UMKM yang tidak memperhatikan bauran dari faktor logistical.…”

Business Recovery, Renewal and Resilience Strategies for Township Taverns in South Africa: A Post-Covid 19 Prognosis

“…Nearly all businesses around the world have been shaken by the pandemic, and owners face huge challenges (Mathivathanan and Sivakumar, 2021). Small businesses, especially retailers, need sound business strategies to survive and compete, according to Eicker and Cilliers (2019). Choosing the best business strategies is crucial (Eicker and Cilliers, 2019).…”

“…Small businesses, especially retailers, need sound business strategies to survive and compete, according to Eicker and Cilliers (2019). Choosing the best business strategies is crucial (Eicker and Cilliers, 2019). Aldrich (2011) argues that business recovery is a growing area of interest and should focus on how businesses can renew, reinvent, and become resilient (Battisti and Deakins, 2017).…”