International Journal of Finance & Managerial Accounting

International Journal of Finance & Managerial Accounting

Designing a model to integrate integration capabilities, agility and financial performance of the supply chain with an emphasis on digital technology

Document Type : Original Article

Authors
mojtaba esmaeilbeigi 1
seyed alireza mirarab baygi 2
Saber Khandan Alamdari 3
1 PhD student in Industrial Management, Roudehen Branch, Islamic Azad University, Roudehen, Iran
2 Assistant professor, Department of Industrial Management, Roudehen Branch, Islamic Azad University, Roudehen, Iran
3 Assistant Professor, Faculty of Management, Roudhen Branch, Islamic Azad University, Roudehen, Iran.
10.22034/ijfma.2026.77478.2099
Abstract
The purpose of this research is to design a model to integrate the integration capabilities, agility and financial performance of the supply chain with an emphasis on digital technology. The current research community was formed by the experts of the mining and academic complex. In this research, using the objective judgment method, the opinions of 15 experts were used, and in the statistical part of the research, based on Cochran's formula and sampling method, the opinions of 384 experts related to the research topic were used. The process of data analysis was carried out in two stages, which includes the identification of the factors affecting the integration, agility, and financial performance of the supply chain of the mining industry through interview tools and using thematic analysis method, and then evaluating the models. The measurement and structural model of the research is by using the questionnaire tool (made by the researcher) and the partial least squares method. The research results showed that the research model is divided into four main parts including data sharing, data awareness, partnership and agility with key supply chain partners. In addition, the integration of the supply chain has a positive and direct effect on the financial performance of the supply chain, and the factors related to digital technology in the supply chain have a direct and positive effect on the integration and agility of the supply chain, and thus And indirectly, it will facilitate the improvement of the financial performance of the supply chain.
Keywords
supply chain
integration
agility
financial performance
digital technology
1.        Amani, Javad; Khazari Azar, Hayman; and Mahmoudi, Hojjat. (1391). Introducing structural equation modeling using partial least squares method - PLS - PM - and its application in behavioral research. Psychological Science Online, 1(1), 41-55.
2.        Addo-Tenkorang, Richard; & Helo, Petri T. (2016). Big data applications in operations/supply-chain management: A literature review. Computers & Industrial Engineering, 101, 528-543. https://doi.org/10.1016/j.cie.2016.09.023
3.        Ariadi, Gede; Surachman; Sumiati; & Rohman, Fatchur. (2021). The effect of lean and agile supply chain strategy on financial performance with mediating of strategic supplier integration & strategic customer integration. Cogent Business & Management, 8(1), 1930500.
4.        Arunachalam, Deepak; Kumar, Niraj; & Kawalek, John Paul. (2018a). Understanding big data analytics capabilities in supply chain management: Unravelling the issues, challenges and implications for practice. Transportation Research Part E: Logistics and Transportation Review, 114, 416-436. https://doi.org/10.1016/j.tre.2017.04.001
5.        Arunachalam, Deepak; Kumar, Niraj; & Kawalek, John Paul. (2018b). Understanding big data analytics capabilities in supply chain management: Unravelling the issues, challenges and implications for practice. Transportation Research Part E: Logistics and Transportation Review, 114, 416-436.
6.        Barnes, Stuart; Rutter, Richard N.; La Paz, Ariel I.; & Scornavacca, Eusebio. (2021). Empirical identification of skills gaps between chief information officer supply and demand: a resource-based view using machine learning. Industrial Management & Data Systems, 121(8), 1749-1766. https://doi.org/10.1108/IMDS-01-2021-0015
7.        Bechtsis, Dimitrios; Tsolakis, Naoum; Vlachos, Dimitrios; & Iakovou, Eleftherios. (2017). Sustainable supply chain management in the digitalisation era: The impact of Automated Guided Vehicles. Journal of Cleaner Production, 142, 3970-3984.
8.        Bechtsis, Dimitrios; Tsolakis, Naoum; Vlachos, Dimitrios; & Srai, Jagjit Singh. (2018). Intelligent Autonomous Vehicles in digital supply chains: A framework for integrating innovations towards sustainable value networks. Journal of Cleaner Production, 181, 60-71. https://doi.org/10.1016/j.jclepro.2018.01.173
9.        Ben-Daya, Mohamed; Hassini, Elkafi; & Bahroun, Zied. (2019a). Internet of things and supply chain management: a literature review. International Journal of Production Research, 57(15-16), 4719-4742.
10.     Ben-Daya, Mohamed; Hassini, Elkafi; & Bahroun, Zied. (2019b). Internet of things and supply chain management: a literature review. International Journal of Production Research, 57(15-16), 4719-4742. https://doi.org/10.1080/00207543.2017.1402140
11.     Bieza, Katrīna Elizabete. (2020). Digital literacy: Concept and definition. International Journal of Smart Education and Urban Society (IJSEUS), 11(2), 1-15.
12.     Bo, Hongguang; Chen, Yinglian; Li, Huanzhi; Han, Peng; & Qi, Lian. (2021). Time-sensitive supply chain disruption recovery and resource sharing incentive strategy. Journal of Management Science and Engineering, 6(2), 165-176.
13.     Bratton, Tricia W; Mentzer, John Thomas; Foggin, James H; Quinn, FJ; & Golicic, SL. (2000). Supply chain collaboration: the enablers, impediments, and benefits. Presented at the Council of Logistics Management Fall MeetingCouncil of Logistics Management.
14.     Braun, Virginia; & Clarke, Victoria. (2006a). Using thematic analysis in psychology. Qualitative Research in Psychology, 3(2), 77-101. https://doi.org/10.1191/1478088706qp063oa
15.     Braun, Virginia; & Clarke, Victoria. (2006b). Using thematic analysis in psychology. Qualitative research in psychology, 3(2), 77-101.
16.     C. Gambetti, Rossella; & Giovanardi, Mattia. (2013). Re-visiting the supply chain: a communication perspective. Corporate Communications: An International Journal, 18(4), 390-416.
17.     Chain, An IoT-Enabled Supply. (2017). Integration Framework: Empirical Case Studies (Vol. 6, p. 263). Presented at the Advances in Manufacturing Technology XXXI: Proceedings of the 15th International Conference on Manufacturing Research, Incorporating the 32nd National Conference on Manufacturing Research, September 5–7, 2017, University of Greenwich, UK, IOS Press.
18.     Chopra, Sunil; & Meindl, Peter. (2007). Supply Chain Management by Pearson. Pearson Education India.
19.     Choudhury, Akanksha; Behl, Abhishek; Sheorey, Pratima Amol; & Pal, Abhinav. (2021). Digital supply chain to unlock new agility: a TISM approach. Benchmarking: An International Journal, 28(6), 2075-2109. https://doi.org/10.1108/BIJ-08-2020-0461
20.     Christopher, Martin. (2005). Logistics and supply chain management; logistics and supply chain management creating value-added networks.
21.     Christopher, Martin; & Holweg, Matthias. (2011). “Supply Chain 2.0”: Managing supply chains in the era of turbulence. International journal of physical distribution & logistics management, 41(1), 63-82.
22.     Christopher, Martin; & Towill, Denis. (2001). An integrated model for the design of agile supply chains. International Journal of Physical Distribution & Logistics Management.
23.     Côrte-Real, Nadine; Ruivo, Pedro; & Oliveira, Tiago. (2020). Leveraging internet of things and big data analytics initiatives in European and American firms: Is data quality a way to extract business value? Information & Management, 57(1), 103141.
24.     Chekosari, Kivan Mehdizadeh. (1401). Investigating the impact of supply chain management measures on financial performance with the mediating role of supply chain performance (case study: small and medium enterprises of Rasht city) SMEs (Master's thesis). Faculty of Islamic Azad University, Rasht Branch, Faculty of Management and Accounting.
 
25.     Di Maria, Eleonora; De Marchi, Valentina; & Galeazzo, Ambra. (2022). Industry 4.0 technologies and circular economy: The mediating role of supply chain integration. Business Strategy and the Environment, 31(2), 619-632.
26.     Esmaili, Saeed. (2018). Studying the impact of supply chain agility on the company's financial performance (case study: Kermanshah food companies) (Master's thesis). Faculty of Shahid Rezaei Institute of Higher Education, University of Management Department.
27.     Finlay, Barbara; & Agresti, A. (1986). Statistical methods for the social sciences. Dellen.
28.     Hair Jr, Joseph F; Ringle, Christian; Sarstedt, Marko; & Gudergan, Siegfried P. (2017). Advanced issues in partial least square structural equation modeling. SAGE.
29.     Hanaysha, JR; & Alzoubi, HM. (2022). The effect of digital supply chain on organizational performance: An empirical study in Malaysia manufacturing industry. Uncertain Supply Chain Management, 10(2), 495-510.
30.     Ho, Wan Ri; Tsolakis, Naoum; Dawes, Tom; Dora, Manoj; & Kumar, Mukesh. (2022). A Digital Strategy Development Framework for Supply Chains. IEEE Transactions on Engineering Management, 1-14. https://doi.org/10.1109/TEM.2021.3131605
31.     Hong, Jiangtao; Liao, Yi; Zhang, Yibin; & Yu, Zhefu. (2019). The effect of supply chain quality management practices and capabilities on operational and innovation performance: Evidence from Chinese manufacturers. International Journal of Production Economics, 212, 227-235.
32.     Jehani, Mustafa; Azar, Adel; And next to it, Abbas. (1396). Designing an interpretative-structural model of factors affecting supply chain resilience. Organizational Resource Management Research, 28(7), 1-27.
33.     Kamble, Sachin S; Gunasekaran, Angappa; Subramanian, Nachiappan; Ghadge, Abhijeet; Belhadi, Amine; & Venkatesh, Mani. (2021). Blockchain technology’s impact on supply chain integration and sustainable supply chain performance: Evidence from the automotive industry. Annals of Operations Research, 1-26.
34.     Khashar, Hamzah. (2008). Presenting a method for calculating the reliability of the coding stage in research interviews. Humanities Methodology, 58(15), 161-174.
35.     Karimi, Ramin. (1394). An easy guide to statistical analysis with SPSS. when
36.     Lambert, Douglas M; Cooper, Martha C; & Pagh, Janus D. (1998). Supply chain management: implementation issues and research opportunities. The international journal of logistics management, 9(2), 1-20.
37.     Mohammadi, Amir Ali. (1399 A). The effect of supply chain integration on financial performance with the mediating role of supply chain risk management (case study: Iran Transfo Company) (Master's Thesis). University of Karr Higher Education Institute.
38.     Mohammadi, Amir Ali. (1399b). The effect of supply chain integration on financial performance with the mediating role of supply chain risk management (case study: Iran Transfo Company) (Master's Thesis). Faculty of Higher Labor Education Institute, University of Management Department.
39.     Mehrabi, Ali; and Kariminejad, Dawood. (1396). Measurement and analysis of resilience in the supply chain (case study: petrochemical company). Paper presented at the second international industrial management conference.
40.     Nourah Mohammadi, Shaker; Rahimian, Nizamuddin; and Ahmadi Dehrshid, Jamil. (1400). Investigating the impact of digitalization on independent auditors and audit institutions in Iran. Professional Audit Research Quarterly, 1(3), 150-176.
41.     Naziri, Hassam. (2018). Investigating the impact of human capital on a textile supply chain in Qara Sabz Company (Master's Thesis). University of Higher Education Institute of Science and Technology.
42.     Nowzari, Hamed; Sadeghi, Mohammad Ibrahim; Kaharmani Nehar, Javed; and Najafi, Seyed Ismail. (1400). Quantitative analysis of the challenges of implementing a digital supply chain based on Internet of Things technology (Supply Chain 4.0). Standards and Quality Management, 11(3), 63-94.
 
43.     Rangriz, Hassan; Nur Ali, Mohammad Reza; and Sawaqabi Firouzabadi, Mohammad. (1396). Investigating the key role of the green supply chain in gaining the competitive advantage of organizations. New researches in management and accounting, 22(3), 89-105.
44.     Rajesh, R. (2020). A grey-layered ANP based decision support model for analyzing strategies of resilience in electronic supply chains. Engineering Applications of Artificial Intelligence, 87, 103338.
45.     Ringle, Christian M; & Sinkovics, Rudolf R. (2009). The use of partial least squares path modeling in international marketing. Advances in International Marketing, 20, 277-319.
46.     Shojaei, Mohammad Reza; and Ghajavand, Samia. (1392). Inter-organizational cooperation and effective factors in its improvement in the supply chain. Change management research paper, 9(5), 156-171.
47.     Sharif Math, Mohammad Ali. (2019). Presenting the supply chain performance evaluation model with the integrated approach of theme analysis and fuzzy cognitive map in Yazd electronics industries (Master's thesis). Yazd University.
48.     Shahvand, Ehsan; Sabat, Mohammad Hassan; and Banki, Mohammad Taghi. (1393). Improving the performance of supply chain management in construction companies using the value engineering approach. Amirkabir Civil Engineering Journal, 45(2), 31-40.
49.     Sadiqpour, Abdul Reza; Zandieh, Mustafa; Alam Tabriz, Akbar; and Nokuranidari, Behrooz. (2017). Designing and explaining the resilient supply chain model in Iran's pharmaceutical industries. Industrial Management Studies, 51(16), 55-106.
50.     Sarstedt, Marko; Ringle, Christian M; & Hair, Joseph F. (2017a). Partial least squares structural equation modeling. Handbook of market research, 26(1), 1-40.
51.     Sarstedt, Marko; Ringle, Christian M; & Hair, Joseph F. (2017b). Partial least squares structural equation modeling. Handbook of market research, 26(1), 1-40.
52.     Shi, Min; & Yu, Wei. (2013). Supply chain management and financial performance: literature review and future directions. International Journal of Operations & Production Management.
53.     Shukor, Ahmad Azwan Ahmad; Newaz, Md Shah; Rahman, Muhammad Khalilur; & Taha, Azni Zarina. (2020). Supply chain integration and its impact on supply chain agility and organizational flexibility in manufacturing firms. International Journal of Emerging Markets. https://doi.org/10.1108/IJOEM-04-2020-0418
54.     Sirous Keshavarz; Naser Khani; Samaneh Raeesi Nafchi; Parvaneh Norbakhsh; & MohammadReza Fathi. (2021). An Investigation on the Relationship between Supply Chain Agility and Financial Performance: Mediating Role of Cost Efficiency and Customer Orientation. Commercial Surveys, 18(104), 63-78.
55.     Tan, Cheng Ling; Tei, Zhongkai; Yeo, Sook Fern; Lai, Kee-Hung; Kumar, Ajay; & Chung, Leanne. (2022). Nexus among blockchain visibility, supply chain integration and supply chain performance in the digital transformation era. Industrial Management & Data Systems. https://doi.org/10.1108/IMDS-12-2021-0784
56.     Terry, Ganeshan Ram&Harrison. (1995). An Introduction to Supply Chain Management. Penn State University, 1-7.
57.     Wong, Chee Yew; Boon-itt, Sakun; & Wong, Christina W.Y. (2011). The contingency effects of environmental uncertainty on the relationship between supply chain integration and operational performance. Journal of Operations Management, 29(6), 604-615. https://doi.org/10.1016/j.jom.2011.01.003
58.     Wong, Wai Peng; Sinnandavar, Chandra Mohan; & Soh, Keng-Lin. (2021). The relationship between supply environment, supply chain integration and operational performance: The role of business process in curbing opportunistic behaviour. International Journal of Production Economics, 232, 107966.
59.     Yildiz Ozenc, Sevde Ceren; Er, Merve; & Firat, Seniye Umit. (2023). Risks in Supply Chain 4.0: A Literature Review Study. In F. Calisir (ed.), (F. Calisir, ed.), Industrial Engineering in the Age of Business Intelligence (pp. 163-177). Springer International Publishing
60.     Yousefian, Saeed. (2017). The effect of production flexibility on supply chain agility and financial performance of companies (Master's thesis). Faculty of Islamic Azad University, Gachsaran Branch, Faculty of Humanities.
61.     Ziai, Mahmoud; Mahmoudzadeh, Seyyed Mojtabi; and Shahi, Tahereh. (1396). Prioritizing factors affecting the implementation of green supply chain management in the tourism industry. Geography and Development, 46(15), 19-34.