Building Supply Chain Resilience through Resilience Strategies and Risk Mitigation: A Study from Pakistan

Abstract

The paper will examine the impact of some of the resilience measures on the sustainability of risk and efficiency of supply chain in tourism related supply chain in Karachi, Pakistan. It particularly talks about how these strategies have affected mitigation of risks and the performance. The paper uses the Dynamic Capability View (DCV) as the central conceptual framework to explore the relationship between the resilience strategies and sustainability risk mitigation along with supply chain resilience and supply chain performance. The analysis is done to describe the relationship of these constructs and what this would mean to managerial practice. The method used in the data collection process was the quantitative research design where a structured questionnaire was employed with a five-point Likert scale. The respondents were provided with the instrument to ascertain that the systematic and measurable data is acquired. The targeted respondents were individuals working in the supply chain of the tourism related ancillary service of the hotels, transport, and logistics. The sample consisted of diversified operations of the industry and this was achieved through the selection criterion. Pilot study was done in SPSS to determine instrument reliability. The second stage of screening of the data offered a final sample of 223 valid answers. Structural Equation Modelling (SEM) was conducted in SmartPLS, in order to test the hypothesis. The results showed that sustainable risks were mitigated by resiliency strategies, but the correlation between mitigation of sustainable risk, resiliency strategies, supply chain resiliency and supply chain performance have not been established.