International Journal of Research Studies in Management
CollabWritive Special Issue
2023 Volume 11 Issue 6
Available Online: 15 August 2023
Author/s:
Gong, Can
Graduate School, Lyceum of the Philippines University – Batangas, Philippines (gcseraph@gmail.com)
Abstract:
The paper described the effect of supply chain management practices on competitive advantages and determined whether competitive advantages have impact on business performance of the firm. Specifically, this study determined the supply chain management practices in terms of customer relationship, strategic supplier partnership and internal supply chain management; assessed the competitive advantages in terms of economics, social resources, company culture and environmental protection; described the business performance of the firm in terms of profitability, customer satisfaction and social performance; tested the significant relationship between supply chain management practices and competitive advantages and analyzed the significant relationship between competitive advantage and business performance of the firm. This paper analyzed the results of in-depth interviews with the managers of the supply chain management departments of CSMEs and the data gathered through the questionnaires. It utilized the quantitative analysis methods to conduct multivariate statistical analysis based on SPSS software on the data content of the questionnaire feedback, including descriptive analysis, correlation analysis and regression analysis, and organically combined the quantitative analysis results to form an CSMEs supply chain management comprehensive framework. Results of the study revealed that there is an important relationship between supply chain management practices and competitive advantages and showed that the better the supply chain management practices, the greater the competitive advantages of firm. There is also a significant relationship between competitive advantages and business performance, indicating that the greater the competitive advantages, the greater the corporate business performance. Then, it also indicated that supply chain management practices and business performance are significantly positively correlated, indicating that the better the supply chain management practices, the greater the business performance.
Keywords: supply chain management practices, competitive advantages, business performance, Chinese small and medium-sized enterprises
DOI: https://doi.org/10.5861/ijrsm.2023.1076
Cite this article:
Gong, C. (2023). Supply chain management practices, competitive advantages and business performance of small and medium enterprises in China: Basis to develop an improved supply chain management framework. International Journal of Research Studies in Management, 11(6), 167-179. https://doi.org/10.5861/ijrsm.2023.1076