Abstract
Purpose: This paper presents the implications of resilience-strengthening strategies by analyzing a resilience strengthening strategy as a supply chain risk factor and its impact on supply chain performance. Research design, data, and methodology: A research model is constructed to empirically analyze the significance of the relationship between risk factors of a supply chain and promoting factors of resilience, as well as the relationship between promoting factors of resilience and corporate performance. Questionnaires were distributed to and collected from companies, and hypotheses were tested through structural equation modeling. Results: Supply chain agility has a positive effect on a company’s financial performance. Robustness has a negative effect on financial performance, but neither agility nor robustness appear to have a significant effect on non-financial performance. Conclusions: Companies should seek sustainable growth and enhanced performance by improving agility and robustness in their supply chains and by strengthening their risk management strategies. Measures include establishing and monitoring risk management, diversifying the supply chain, strengthening flexibility and agility in the supply chain, strengthening cooperation and partnerships, and utilizing technology.
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