Supply Chain Resilience: Strategies And Impact On Sustainable Operations Among Ghanaian Manufacturers.

Abstract

In recent times, firms’ supply chains are increasingly faced with disruptions and uncertainties. The ability of firms to effectively respond to these disruptions is crucial for their survival. Thus, firms are required to build resilience capacity into their supply chains. The adoption of resilience and sustainability practices have become of paramount importance to firms in enhancing the performance of their supply chains performance in this turbulent business environment. This study examines the resilience strategies adopted by manufacturing firms in Ghana and determines the impact of these strategies on the sustainable operations of these firms. The purpose of this study is to examine the resilience strategies of manufacturers and ascertain the extent to which manufacturing supply chains are resilient and also to evaluate the impact of the resilience strategies adopted on the sustainable operations of manufacturing firms in Ghana. The study employed a quantitative approach with data collected from 186 of manufacturing firms through questionnaire. Purposive sampling was applied in selecting respondents. The Statistical Package for Social Sciences (SPSS) and Partial Least Square- Structural Equation Modelling (PLS-SEM) was used to analyse the data. The study found out that manufacturers are indifferent towards the environmental uncertainties affecting their supply chains. The result further establishes that manufacturers largely do employ agility and redundancy as resilience strategies to enhance their sustainable operations. Also, the results from the data analysis reveal that agility and financial performance have a positive significant relationship. While agility has a positive but insignificant relationship with employee wellbeing and raw material consumption. The results further indicate that redundancy do influence financial performance, employee wellbeing and raw material consumption. Furthermore, collaboration had a negative relationship with financial performance but positive relationship with employee wellbeing and raw material consumption, but

these effects are statistically insignificant. Likewise, there was a positive significant relationship between information sharing and financial performance, while a positive insignificant relationship was exhibited between information sharing and employee wellbeing and raw material consumption. The study recommends that owners/managers of manufacturing firms should adopt resilience strategies to minimize supply chain disruptions. Again, managers should strengthen their internal practices within firms as the first priority to use in dealing with environmental uncertainties.