A study on sales growth and market value through supply chain

This paper examines the effect of supply chain on performance indicators including sales growth and market value in the context of manufacturing firms in Kuwait.
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A study on sales growth and market value through supply chain Uncertain Supply Chain Management 7 (2019) 457–470 Contents lists available at GrowingScience Uncertain Supply Chain Management homepage: www.GrowingScience.com/uscmA study on sales growth and market value through supply chainAhmed Nahar Al-Hussainia*The Public Authority for Applied Education & Training, The College of Business Studies, State of KuwaitaCHRONICLE ABSTRACT Article history: This paper examines the effect of supply chain on performance indicators including sales growth Received November 5, 2018 and market value in the context of manufacturing firms in Kuwait. The dimensions of supply Accepted December 4 2018 chain; namely strategic supplier partnership, information sharing, and information quality are Available online also added in the model. Along with sales growth and market value, industry leadership, future December 4 2018 Keywords: outlook, overall response to competition, overall business performance, employee’s productivity, Business performance process productivity, and success rate in the launching of new product are some of the important Supply chain indicators for measuring firms’ performance. Both factor analysis and structural equation Sales growth modelling approaches are applied to the sample of 314 respondents taken from the manufacturing Market value firms in Kuwait. Factor analysis provides some evidence that all the indicators for supply chain Kuwait and business performance can be considered for the structural modelling and regression analysis. The core findings under structural modelling indicate that both strategic supplier partnership and information sharing had positive and significant impacts on the overall business performance. However, information quality appears to be the insignificant determinant of business performance. For the sales growth and market value, strategic supplier partnership and information sharing are significant determinants obtained through the regression analysis. The originality of the study can be viewed with reference to the selected performance measures and their determination through supply chain management. However, this study is confined only to the manufacturing sector and the services sector can be focused by incorporating additional performance measures and suitable sample size in future studies. © 2019 by the authors; licensee Growing Science, Canada1. IntroductionFor economic and financial growth, the manufacturing sector is considered to be the key role player.In order to assess economic development, the impact of this sector has been recorded both in domesticand international environment (Turner, 1988). With industrialization, developed countries around theglobe are heavily dependent on financial development with the strategic objectives and progress (Reed,2002). Subject to a firm, the idea of performance is not only a significant gauge to understand thepresent situation of the business, but it also helps to predict the future position of the business. Theindication of financial health of business covers the role of leadership while keeping the business ontrack (Bryson, 2018; Nguyen, 2017). For better business performance, significant attention is requiredon both financial and non-financial resources.* Corresponding authorE-mail address: drahmednahar@gmail.com (A. N. Al-Hussainia)© 2019 by the authors; licensee Growing Science, Canadadoi: 10.5267/j.uscm.2018.12.002458Performance measurement of the business is very much critical for the academic writers and managersin the firms. In its general context, the idea of firm performance (FP) is referred to the operationalcapability of the business or a ...