Purpose
The purpose of this paper is to explore the important role of supply chain risk management (SCRM) capabilities as pre-factors for SMEs to improve supply chain financing performance (SCFP), also incorporating the effect of supply chain integration (SCI).
Design/methodology/approach
From the intersection of SCRM and SCF literature, this paper proposed hypothesis to discuss the impact of SCRM capabilities on SCFP and the role of SCI, aiming at combine SCRM with supply chain financing management. The research model was validated applying structural equation modeling on survey data from 286 Chinese small and medium-sized enterprises (SMEs).
Findings
Four dimensions of SCRM capabilities have significant positive effects on SCFP with different significant levels, confirming that they are important pre-factors in supply chain finance (SCF). In addition, the impact of SCRM capabilities on SCFP differ when SCI varies, indicating the promoting effect of SCI.
Practical implications
SMEs should establish SCRM capabilities as supply chain risks greatly influence the evaluation of financial providers and the achievement of SCF. Meanwhile, SCI should be attached for it enables superior SCFP even if SCRM capabilities are relatively limited.
Originality/value
This study represents a pioneering attempt to analyze the pre-factors of SMEs in improving SCFP by combing SCRM with SCF management. Few prior studies have highlighted the importance of SCRM in SCF.
A dynamic system with 3 levels of risk management is developed to prevent the spreading of food-borne disease among populations with consideration of the secondary infection. Compare the effect of factors such as information quality, time-delay and periodic factor. It shows that infection mechanism increases the severity of the epidemic manifested by larger number of dormant and visible population at each stage. The risks of the susceptible and exposed populations are significantly magnified in the course of infection mechanism which promotes the probability of transform of dormant population into visible diseased population. The infection mechanism reduces the risk of the diseased population. The increase of the time-delay and periodic factor increases the risk of food-borne disease, while the increase of information quality reduces the risk. Curbing the infectiousness, reducing information delay time and cycle time, improving information quality, the prevalence of food-borne disease can be controlled or prevented.
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