7. Conclusions
This research provides an extensive illustration of the relationship between SC risks and SC performance and clearly depicts that risks do not affect SC performance separately, but simultaneously. According to the results, when all of the five proposed risks happen in unison, they can explain an 87.1 percent variance in SC performance. It is worthwhile noting that the impact risks have on SC performance varies between manufacturing- and service-oriented firms. In fact, the risks occurring in manufacturing-oriented firms have stronger negative effects on SC performance than those in service-oriented firms do. Therefore, manufacturing-oriented firms should pay careful attention to operational and demand risks that adversely affect SC performance and “treat” information risk as an opportunity to improve SC performance. Service-oriented firms, on the other hand, must manage supply risks which can be attributed to a 51.2 percent variance in SC performance. Furthermore, service quality can be improved remarkably if information risk is well managed.
One of the “original contributions” of this study has been to use GDL and SDL theory to identify the different characteristics between the two groups being compared. This approach provides an insight into the differences between the two groups because the two types of business were classified based on resources, value, networks, effectiveness vs efficiency and communication. Future studies could apply this approach to their own contexts to verify these results. In this work, finance risk having an impact on SC performance is not found. This risk is defined as an “infrastructure” factor that might indirectly affect SC performance throughout the other risks/factors. Thus, further research is needed to examine any mutual interaction between SC risks to consolidate this statement. Moreover, for a more comprehensive view, some risk factors from the external perspective of SC, e.g. natural disasters, political uncertainty, economic downturns, etc., also need to be added into the research model.