Risk management and collaboration on firms’ sustainability for supply chain resilience

International Journal of Research Studies in Management
CollabWritive Special Issue
2024 Volume 12 Issue 12

Available Online: 1 September 2024

Author/s:

Almario, Raniel
Graduate School, Lyceum of the Philippines University – Batangas, Philippines (raniel.almario@gmail.com)

Abstract:

Supply chain management is thought to increase a company’s competitive advantage and has always been crucial to the success and pleasure of its clients in the industrial sector. Up until the COVID-19 outbreak, which is regarded as an unprecedented disruption impacting all organizations. It revealed the criticality of supply chain management while also impeding global operations. Increased supply chain resilience is required, as it has been noted that organizations were ill-prepared for the pandemic, which led to flaws in their present responses and strategies. Focusing on empirical research on several supply chain resilience performance indicators are necessary in cases when the pandemic had a higher impact on buyers and suppliers. The impact of risk management and collaboration on a company’s sustainability was investigated in this study as a foundation for supply chain resilience. The findings showed that the industries with the highest concentration of supply chain and procurement experts are general manufacturing, aviation, and automotive. The risk management, collaboration, and sustainability of the manufacturing firms in CALABARZON exhibit notable variations based on various factors such as educational attainment, industry affiliation of the managers, department or unit within the company, employment status, length of service, and unit/department. Furthermore, there is a strong link between sustainability and risk management and collaboration.

Keywords: risk management, supply chain resilience, sustainability, collaboration, manufacturing firms

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DOI: https://doi.org/10.5861/ijrsm.2024.1262

Cite this article:
Almario, R. (2024). Risk management and collaboration on firms’ sustainability for supply chain resilience. International Journal of Research Studies in Management, 12(12), 1-14. https://doi.org/10.5861/ijrsm.2024.1262