Supply Chain Responsiveness and Supply Chain Performance: The Role of Supply Chain Risk Management

Abstract

Main purpose of this paper is to analyze the impact of supply chain risk management factors on supply chain responsiveness which in turn enhance the supply chain performance of firms operating in Pakistan. The questionnaire was filled by 190 respondents and a total of 160 questionnaires were selected who are working in supply chain firms all over Pakistan. Five independent variables related to risk management were examined to analyze their relationship with dependent variable which is supply chain responsiveness. Finally supply chain responsiveness as independent variable was examined to analyze its relationship with dependent variable is supply chain performance. The result of this study showed that supply risk management, operational risk management and logistics risk management is having positively significant relation with supply chain responsiveness and supply chain responsiveness is in positively significant relation with supply chain performance. This result is like the results of previous studies but there is one surprising difference, demand risk management indicated insignificant relationship with supply chain responsiveness and system risk management have negative significant relation with supply chain responsiveness. This study showed that all risk management factors have direct effect on supply chain responsiveness and relationship between supply chain responsiveness on supply chain performance, consistent with other researcher’s findings.