Information Sharing and Supply Chain Collaboration: Strategy for Higher Firm Performance in Ghana

Abstract

Information sharing (IS) has been considered a vital aspect of supply chain management practices. However, it is inadequate to induce a significant increment in performance, so there is a need for collaboration within the supply chain network arises. This study seeks to determine the position of Information Sharing (IS) practices and Supply Chain Collaboration (SCC) in Firm Performance (FP). The study emphasizes that firms exchange information because of the competitive influence stemming from the business environment. The study administered questionnaires to manufacturing firms in Ghana with 201 respondents, and the structural equation modeling tested the relationship between IS, SCC, and FP. The results indicate that firms with higher levels of IS and SCC witness high-performance rates. Also, supply chain collaboration can have a direct, positive influence on the performance of firms. The study is limited in scope, which lessens the generalization of the results. This study is unique because it simultaneously examines the role of information sharing on both collaboration and firm performance.

Resilience Assessment and Risk Prediction in Supply Chain Management Based on Network Analysis

“…To improve the links and other aspects, it is necessary to expand the scope of logistics services and help enterprises better adapt to the reform of the modern economic system. Especially in the "Internet +" era, through the effective application of information technology, the process of supply chain management is more transparent, which greatly reduces problems such as the backlog of goods, delayed delivery, and transportation, and brings more considerable economic benefits to enterprises [16]. Of course, businesses can gain additional profits through this management.…”

Investigating information processing paradigm to predict performance in emerging firms: the mediating role of technological innovation

“…Our research has a couple of theoretical implications. First, our research has established a theoretical and conceptual framework including the concepts of information sharing, information quality, technological innovation, as compared to previous studies (Baah et al , 2022; Baba et al , 2021; Huo et al , 2021) that have skipped the collective effects of these concepts. Hence, our research contributions are invaluable as it offers both theoretical and empirical proof for the associations between the information processing paradigm and technological innovation, and textile SMEs' performance.…”

“…Huo et al (2021) stated that information sharing enhances the flexible performance of a firm supply chain. Baba et al (2021) highlighted that information sharing is a strategic tool for firms that brings firm collaboration which leads to superior performance. Baah et al (2022) studied information sharing and found that it is crucial to sustaining supply chain performance.…”