Supply Chain Finance: Impact on Supply Chain Competency and Organizational Performance
Keywords:
Supply Chain Finance, Supply Chain Management Strategy, Organizational Performance, Information Sharing, Supply Chain CompetencyAbstract
Supply chain finance (SCF) has begun to garner some attention in the supply chain management literature, yet we find no empirical works assessing the role that SCF plays within a supply chain context and the impact it has on supply chain competency (SCC) and organizational performance (OP). This paper is an attempt to fill this literature gap in supply chain management and provide empirical evidence on the role of SCF. This study employs a structural equations model to investigate the role of SCF in the context of supply chain management on U.S. manufacturing firms. The results map SCF in the center of the supply chain management spectrum with supply chain management strategy (SCMS) and information sharing (IS) as the antecedents to, and SCC and OP as the consequences of SCF. Supply chain finance, together with supply chain competency positively impacts 51% of the variations in organizational performance.
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