Effects of Flexibility and Supply Chain Agility on Firm Performance in the Fashion Industry
Author | : Tick Lun Alan Chan |
Publisher | : |
Total Pages | : 440 |
Release | : 2011 |
ISBN-10 | : OCLC:815716016 |
ISBN-13 | : |
Rating | : 4/5 (16 Downloads) |
Download or read book Effects of Flexibility and Supply Chain Agility on Firm Performance in the Fashion Industry written by Tick Lun Alan Chan and published by . This book was released on 2011 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: Partial Least Squares (PLS) was used for testing measurement and structural models. The data from 141 samples revealed that both strategic flexibility and manufacturing flexibility positively influence supply chain agility. Meanwhile, strategic flexibility and supply chain agility positively influence firm performance but not manufacturing flexibility. Supply chain agility also plays a significant mediating role in firm performance. Based on these findings, the present study adds to the growing evidence of supply chain agility in both the academe and the practitioners' arena. The results provide solid implications to practitioners in the industry to help them beef up their firepower in today's fiercely competitive market. The result is consistent with those arguments that promote the importance of supply chain agility in association with firm performance. However, the statistical findings do not support the hypothesis that manufacturing flexibility positively influences firm performance. Manufacturing flexibility positively influences firm performance with only supply chain agility as the mediator. The present study articulates the perspective that firms should not look at flexibility in isolation from the rest of the supply chains, but should orchestrate the supply chain capability in a holistic manner and strive for a strategic level of supply chain agility in a broader sense.