The Impacts of Supply Chain Evolution and Revolution Drivers on Firm Performances and Global Competitiveness
Abstract
The main purpose of this paper is traces to investigate the drivers of supply chain evolution & revolution and their impacts on firm performance and competitiveness. Through field observation and questionnaire survey, a literature review was supported by an empirical study on supply chain evolution and revolution drivers, the impacts on firm performance and comparative advantages were included. The horizontal relation on the drivers of supply chain integrations was empirically investigated and tested. The primary data and field observation were collected from 21 Ethiopian basic metal industries and 91 respondents incorporated as a case company. Followed by the investigation and explored on how supply chain drivers impacts on firm performance and comparative advantage of manufacturing industries incorporated. While globalization, the digital revolution, social media throughout the society, innovation and new product developments are considered as the main drivers of supply chain evolution and revolutions. Commonly, this supply chain evolution and revolution drivers have a positive impact on firm performance and global competitiveness. Further, the result shows that depending on their type and supply chain scenario the drivers of supply chain evolution and revolution have both positive and negative impacts on firm performances and comparative advantages. Moreover paper investigated the relationship between supply chain evolution and the evolution drivers linkages o supply chain performance and comparative advantages, so that management will be able to pursue better supply chain strategies applicable directly to their business environment. Nevertheless, the study results provide the organization with innovative insights for, controlling adoption and implementation supply chain drivers in the firms.
Full Text:
PDFDOI: https://doi.org/10.5430/ijba.v10n6p39
International Journal of Business Administration
ISSN 1923-4007(Print) ISSN 1923-4015(Online)
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