Sustainable Supply Chain Management and Collaborative Partnerships for Improved Operational Performance in Regional Markets
Keywords:
Sustainable Supply Chain, Collaborative Partnerships, Operational Performance, Regional Dynamics, Structural Equation Modeling (SEM), Supply Chain Management.Abstract
This research investigates the effect of sustainable supply chain operation and joint ventures on the performance of operations within the regional supply chain, with the emphasis on the regional market dynamics. This was implemented through the use of a mixed-method approach, which involved quantitative data from surveys and qualitative data from interviews and case studies. The sample size was 200 participants who represent various industries and regions, and this was analyzed through both regression analysis and Structural Equation Modeling (SEM) to determine the direct and indirect relationship between sustainability and collaboration and the outcome measures of operational performance. The research shows that there is a strong positive correlation between sustainable practices and operational performance (β = 0.45, p < 0.01). It also concludes that collaboration mediates this correlation (β = 0.35, p < 0.05). Moreover, regional forces, including infrastructure and governance, have a great impact on the success of sustainability and collaboration activities (β = 0.50, p < 0.01). These results indicate that sustainability and collaboration play a significant role in improving the performance of operations within regional supply chains, and collaborative partnerships are instrumental in ensuring optimal benefits of sustainability. This is particularly so in those areas that have dissimilar degrees of infrastructure and governance. This paper will emphasize the significance of a context-specific supply chain management approach and the importance of ensuring that sustainability and collaboration strategies are localized to achieve the best performance.
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