scholarly journals The effect of supply chain finance on supply chain risk, supply chain risk resilience, and performance of Vietnam SMEs in global supply chain

2022 ◽  
Vol 10 (1) ◽  
pp. 225-238 ◽  
Author(s):  
Duy Nhien Nguyen ◽  
Thi Thu Hoai Nguyen ◽  
Thi Tho Nguyen ◽  
Xuan Hung Nguyen ◽  
Thi Kim Thu Do ◽  
...  

The purpose of the article is to examine the response of small and medium enterprises (SMEs) in Vietnam to supply chain finance and then have a strategy to use supply chain risk resilience to control supply chain risk and improve supply chain effectiveness and SMEs performance. The analysis results are based on three months of data collected from 890 SMEs in Vietnam. The results show that supply chain finance has a statistically significant positive impact on supply chain effectiveness, SMEs performance and supply chain risk resilience. At the same time, supply chain finance has a negative impact on the supply chain risk of Vietnam SMEs in the global supply chain. Finally, we offer recommendations to help SMEs improve supply chain effectiveness and performance through the supply chain finance tool.

2021 ◽  
Vol 9 (4) ◽  
pp. 779-796 ◽  
Author(s):  
Xuan Hung Nguyen ◽  
Tuan Anh Le ◽  
Anh Tu Nguyen ◽  
Thi Thu Hoai Pham ◽  
Thi Ha Tran

The goal of the article is to examine the relationship between supply chain risk, Supply chain integration, Supply chain risk resilience and Firm performance in the global supply chain of the Vietnamese pharmaceutical industry. Data was collected for 3 months with 389 satisfied pharmaceutical enterprises for analysis on Smart PLS software. The results show that Supply chain risk has a statistically significant negative impact on supply chain integration. Moreover, Supply chain Integration has a statistically significant positive impact on Supply chain risk Resilience and firm performance. Finally, we find that Firm performance is a good foundation for business operations and supply chain risk resilience. Therefore, we make recommendations to Vietnamese pharmaceutical enterprises that: Supply chain Integration is extremely necessary to ensure performance and Supply chain risk resilience in the context of the current covid-19 pandemic.


2021 ◽  
Vol 4 (1) ◽  
pp. 208
Author(s):  
Rahmat Kurniawan ◽  
Azhar Azhar

This research is to find out the perceptions of micro, small and medium enterprises to modern stores, MSME partnerships with modern stores, constraints, and the role of the government in overcoming the problems of modern shops and MSMEs in Padangsidimpuan City. This research is a descriptive qualitative study by conducting in-depth interviews. The results showed the perception of MSMEs towards modern stores had a negative and positive impact. The negative impact, the income of MSMEs has decreased. The positive impact, the presence of modern stores motivates MSMEs to evaluate themselves from modern stores. The partnership established by MSMEs with modern stores is the use of business locations provided by modern stores. The constraints of MSMEs are business capital, human resources, business legality, business permits and products, while the constraints of modern stores are business permits, human resources and partnerships with MSMEs. The role of the City Government of Padangsidimpuan is for modern stores, namely to give an appeal not to add to modern store outlets and to call for partnerships in terms of marketing local MSME products. For MSMEs, facilitate MSMEs with banking institutions in terms of providing venture capital, training and guidance to MSMEs, and making packaging houses.


2019 ◽  
Author(s):  
Agung Sutrisno ◽  
Vikas Kumar ◽  
Dwi Handayani ◽  
Rudi K. Arief ◽  
Shinta Virdhian ◽  
...  

2014 ◽  
Vol 663 ◽  
pp. 638-643 ◽  
Author(s):  
Abdulghadar Awheda ◽  
Mohd Nizam Ab. Rahman ◽  
Rizauddin Ramli ◽  
Haslina Arshad

The interests of various economies in improving and expanding the growth of small and medium enterprises (SMEs) have thrived for a few years, particularly in the automotive sector. Although there are several supporting programs, SMEs face a large number of issues in their operation and performance. One of the successful techniques towards achieving collaborative relationships and problem solving in SMEs is through supply chain integration. Many enterprises have realized the benefits of integration among supply chain members. Supply chain management has become an effective strategy for boosting competitiveness. However, there are a few reasons that put off automobile SMEs from completely performing supply chain management. This study combines literature and findings of a questionnaire analysis to urge facts and knowledge regarding the importance of supply chain management and challenges of automotive SMEs in enhancing their collaborative relationships and effectiveness through SCM. In addition, this study observed that top management, work culture and attitudes of staffs and technologies being traded are among the significant impediments to well-integrated relationship between SMEs. Finally, the study concludes that SMEs need to fully adopt SCM to meet potential advantages and control their performance.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Xiaobo Li ◽  
Bao Jiang ◽  
Jian Li

PurposeSupply chain finance (SCF) is a promising financing solution for small and medium enterprises (SMEs). The study aims to highlight the determinants of the adoption of SCF and the theoretical implications for SCF in SMEs.Design/methodology/approachDrawing on the theory of planned behaviour (TPB), the authors develop a model and test hypotheses about the factors (1) SE, (2) attitude toward SCF, (3) social influence (SI), (4) adoption intention (AI) and (5) actual adoption (AA) of SCF. Data collected from a survey of 211 managers in SMEs in China were used to conduct a partial least squares (PLS) estimation.FindingsThe empirical results indicate that attitude toward SCF and SI positively affect AI towards SCF, whereas AI positively affects the AA of SCF. Specifically, the authors find that AI plays a mediating role in the relationship between SE and AA of SCF, whereas attitude toward SCF plays a mediating role between SI and AI.Originality/valueFirst, the authors use the TPB to study the adoption of SCF in SMEs. Second, the authors apply PLS to clarify the influence mechanism of behavioural factors on the adoption of SCF. The authors provide a useful approach for practitioners in examining the adoption of SCF by SMEs.


2019 ◽  
Vol 4 (1) ◽  
pp. 208
Author(s):  
Rahmat Kurniawan ◽  
Azhar Azhar

This research is to find out the perceptions of micro, small and medium enterprises to modern stores, MSME partnerships with modern stores, constraints, and the role of the government in overcoming the problems of modern shops and MSMEs in Padangsidimpuan City. This research is a descriptive qualitative study by conducting in-depth interviews. The results showed the perception of MSMEs towards modern stores had a negative and positive impact. The negative impact, the income of MSMEs has decreased. The positive impact, the presence of modern stores motivates MSMEs to evaluate themselves from modern stores. The partnership established by MSMEs with modern stores is the use of business locations provided by modern stores. The constraints of MSMEs are business capital, human resources, business legality, business permits and products, while the constraints of modern stores are business permits, human resources and partnerships with MSMEs. The role of the City Government of Padangsidimpuan is for modern stores, namely to give an appeal not to add to modern store outlets and to call for partnerships in terms of marketing local MSME products. For MSMEs, facilitate MSMEs with banking institutions in terms of providing venture capital, training and guidance to MSMEs, and making packaging houses.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Chandra Prakash Garg ◽  
Vishal Kashav

Purpose The presence of barriers in the supply chain finance (SCF) of small and medium enterprises (SMEs) cripples the productivity and efficiency of SMEs and makes it challenging to execute strategies. SCF barriers can be internal and external which tend to impede the desired performance and profitability of the SMEs. Therefore, the purpose of this paper is to discern the possible SCF barriers and analyze the criticality of the barriers to understand how they impact on the SMEs market of India. Design/methodology/approach This study proposes a novel hybrid approach called best worst method (BWM) to evaluate the discerned barriers. BWM technique is espoused to appraise the SCF barriers, so that the decision-makers can rationally comprehend the reason behind dominance of one barrier over other. Although such an assessment may possibly vary for different industries, that is why proposed approach is generic in nature and can be applied in real-world cases. The robustness of the suggested model is also assessed through sensitivity analysis. Findings SCF barriers are identified through extensive literature review and inputs from the industry. The results derived through BWM approach concludes that the “Financial Barriers” are censorious and foremost inhibitors for SMEs to flourish, therefore, require special attention by the top management. Likewise, “Supply and Suppliers Barriers” are ranked second, conversely, “Market and Policy Related Barriers” are found least critical in nature in SMEs of India. Research limitations/implications This work is specific to SCF barriers and other barriers have not been touched upon. The study is based on expert panel opinion for seeking information which is restricted to Indian context, as the members of the expert panel belong to same geography. Practical implications This research could aid decision-makers and strategists to comprehend the deep-rooted initiatives to achieve a comprehensive implication of SCF across SC network. By assessing SCF barriers, this study helps SMEs to understand their shortfalls and in answering the pertinent question of how to gain excellence in this intensely competitive market. Originality/value SMEs are considered as engines of economic development worldwide. India too is striving for increasing the growth and development of SMEs in every aspect, to gain operational excellence, to make profits or employment generation but presence of SCF barriers makes it difficult to achieve this in Indian SMEs. Therefore, it is imperative to analyze the criticality of the SCF barriers to understand how they impact on SMEs market of India. The paper illustrates the modeling of SCF barriers among SMEs using BWM approach, exhibiting how comprehending barriers can improvise productivity and efficiency of the SCs in SMEs.


2015 ◽  
Vol 14 ◽  
pp. 67-75
Author(s):  
S. Nallusamy ◽  
P. Ambedkar

The small scale sector is a symptom of India’s socio-economic development model and has met with the country’s long term expectations in terms of contribution to Gross Domestic Product (GDP), industrial base, employment and exports. This sector forms a major part of Indian industrial base. Small and Medium scale industries contribute about 10% of total GDP. The Small and Medium Scale Industries (SMSI) are supported by the government and financial institutions like Micro Small and Medium Enterprises (MSME), Tamil Nadu Industrial Investment Corporation (TIIC), State Bank of India (SBI) etc., in terms of technical and financial assistance. Even then Micro and Small Enterprises (MSE) are lagging in infrastructure, skilled labour. In order to analyse the various risk factors in SMSI, the survey was conducted in 20 small and medium scale industries who are supplying their product to many Tier 1 companies and leading automobile companies of Original Equipment Manufacturer (OEM) in India. This paper brings out most critical supply chain risk factors exist in every business processes inside and outside the Small and Medium Enterprises (SME). Quality Function Deployment (QFD) is used to prioritize supply chain risk factors and also the SMSI owners and managers are advised to focus from the highest ranking critical factors to improve their technical and financial performance.


2019 ◽  
Vol 30 (2) ◽  
pp. 488-505 ◽  
Author(s):  
Zulqurnain Ali ◽  
Bi Gongbing ◽  
Aqsa Mehreen

PurposeDue to globalization, textile small and medium enterprises (SMEs) operations have become complex which raised the needs of risk-free financing solutions to support the SMEs’ daily processes. The purpose of this paper is to investigate the effect of supply chain (SC) finance, a risk-free financing solution, on SC effectiveness (SCE) in the context of textile SMEs by employing transaction cost (TC) approach.Design/methodology/approachThe participants of the study were recruited from textile SMEs through a structured questionnaire. The proposed model and structural relationships were assessed by employing AMOS 24.0.FindingsThe results of this paper indicate that supply chain finance (SCF) has a significant effect on SCE. Furthermore, all proposed factors of SCF adoption have a positive and significant effect on SCF.Practical implicationsThis study helps the SMEs executives or owners to adopt SCF as a secure financing scheme to reduce the credit TCs, optimize the firm working capital, reduce the risk of default, and improve SC effectiveness. SMEs and suppliers can build strong relationships while adopting the findings of this study. SMEs can engage the suppliers to work under strategic alliance through negotiation, collaboration, and work digitization, and extend their payment terms while providing an opportunity to the suppliers to get their payment back before a fixed time through discounting from financial institutions as needed.Originality/valueThe present study covered the gap related to SCF and SCE by identifying unique factors of SCF adoption which was ignored in the previous literature by employing TC approach.


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