Understanding the Sustainable Competitive Advantages of China’s Private Manufacturing Enterprises: An Empirical Study Based on the Dynamic Capabilities of Supply Chain

Tu Lyu,Qiu Zhao,Yisong Xu,Huan Lin

doi:10.1109/access.2021.3112101

Abstract

This study aims to explore the impact of supply chain dynamic capabilities on the construction of sustainable competitive advantage. This paper takes Chinese private manufacturing enterprises as the research object, and we also use statistical methods such as correlation analysis and hierarchical regression for empirical testing. Research shows that supply chain sensing has a positive impact on supply chain agility and supply chain adaptability; supply chain agility and supply chain adaptability have a positive impact on the sustainable competitive advantage of enterprises; environmental dynamics does not have a significant regulating effect on the relationship between supply chain sensing and supply chain adaptability. This research guides Chinese private manufacturing companies to focus on cultivating supply chain dynamic capabilities to reasonably respond to changes in the market environment, thereby promoting sustainable competitive advantages.

Highlights

In 2015, the State Council of China issued the "Made in China 2025", a guiding document for the development of the manufacturing industry, which put forward the basic principles of strategic development of "based on the current and looking to the long-term", and required to effectively improve the core competitiveness and sustainable development capabilities of the manufacturing industry to adapt major changes in the economic development environment [1]
Environmental dynamics have a positive regulatory effect on the relationship between supply chain sensing and supply chain agility, that is, in a highly dynamic environment, supply chain sensing has a greater effect on supply chain agility than in a less dynamic environment
Environmental dynamics have a positive regulatory effect on the relationship between supply chain sensing and supply chain adaptability, that is, in a highly dynamic environment, supply chain sensing has a greater effect on supply chain adaptability than in a less dynamic environment

Summary

Introduction

In 2015, the State Council of China issued the "Made in China 2025", a guiding document for the development of the manufacturing industry, which put forward the basic principles of strategic development of "based on the current and looking to the long-term", and required to effectively improve the core competitiveness and sustainable development capabilities of the manufacturing industry to adapt major changes in the economic development environment [1]. Unlike China's state-owned manufacturing companies and foreign-funded manufacturing companies, many private manufacturing companies started late, have not yet accumulated strong technical capabilities, and are facing issues such as insufficient management and operating experience and serious brain drain [2]. Under this circumstance, studying how Chinese private manufacturing companies can perceive the changes in the market environment and effectively adopt response mechanisms to promote sustainable growth and development of the company is one of the important research topics for achieving the strategic goals of "Made in China 2025" [3]. How to dynamically manage the internal resources of each enterprise in the supply chain, identify and obtain the VOLUME XX, 2021

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Conclusion