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Supply Chain Resilience Among SMEs Manufacturer in Malaysia- A Survey

Table 2:

Measures, Metrics &Type: Internal(A)/External(B) Description Literature references
Financial Portfolio diversification level A Ability to invest in multi production/ portfolio eg. product innovation, finding new market, diversify into many business, etc. to reduce the magnitude of disruption (Achim & Borlea, 2012; Arnold & Soederhuizen, 2018; Avramidis et al., 2020; Barthélemy et al., 2017; bin Ibrahim, 2010; Brandon-Jones et al., 2014,; Casey & O’Toole, 2014; Castellani, 2018; Che & Liebenberg, 2017; Colicchia & Strozzi, 2012; Degryse et al., 2018; Ivashina & Scharfstein, 2009; Jiménez, et al., 2017; Park, 2011; Pettit, 2008)
Financial reserves and liquidity level A Ability to keep/invest reserve funds in assets and liquidated when needed to sustain operations during disruption
Insurance investment level A Ability to invest into insurance against liability from credit risk
Factoring level B Ability to discount on invoice for immediate cash to sustain operations during disruption
Refinancing level B Ability to refinancing debt to avoid negative impact on credit score and insolvency
Cost Manufacturing cost level A Ability to reduce the manufacturing/ production cost (Acquaye et al., 2018; Anand & Grover, 2015; Azzone et al. , 1991; Bai & Sarkis, 2014; Bai & Sarkis, 2011; Beamon, 1999; Behzadi et al., 2018; Bichou, 2015; Chan & Qi, 2003; Chan, 2003; Chung et al., 2018; Esfahbodi et al., 2016; Govindan et al., 2015; Gunasekaran et al., 2004; Joshi et al., 2011; Maestrini et al., 2017; Mishra et al., 2018; Olugu & Wong, 2009; Palandeng et al., 2018; Prajogo et al., 2016; Rangaswamy & Subramanya, 2010; Thanki & Thakkar, 2018; Truong Quang & Hara, 2018; Tseng et al., 2018; Wong & Wong, 2008)
Delivery cost level A/B Ability to reduce delivery cost, transportation cost and logistics cost
Inventory and Ordering cost level A Ability to reduce inventory and ordering costs
Time Manufacturing lead time level A Ability to reduce total amount of time required to produce a product
On time delivery level A/B Ability to reduce delivery time to customer and from supplier
On time payment level B Ability to increase customer payment on time
Quality Rework and scrap level A Ability to reduce number of rework and scrap
Customer satisfaction level B Ability to meet customers satisfaction in terms of reducing customers complaints
Supplier performance level A &/ B Ability to increase supplier’s performance in terms of reducing supplier’s reject rate, supplier’s
Flexibility Demand flexibility level A/B Ability to accommodate customers’ orders without affecting the supply chain (Azadeh et al., 2014; Beske-Janssen et al., 2015; Franklin & Todt, 2014; Golgeci & Ponomarov, 2013; Gong et al., 2014; Govindan et al., 2015; Ivanov et al., 2014; Kumar et al., 2014; Pettit et al., 2013; Rajesh et al., 2015; Scholten et al., 2014)
Supply flexibility level A/B Ability of supplier to meet production needs without affecting the supply chain
Production flexibility level A Ability of the production systems to meet customers’ needs without affecting the supply chain
Information sharing Risk management training level A The amount of risk management training for employees on risk management or related skills within the organization (Azadeh et al., 2014; Brandon-Jones et al., 2014; Dominguez et al., 2018; Franklin & Todt, 2014; Johnson et al., 2013; Panahifar et al., 2018; Pettit et al., 2013; Rajesh, 2018; Rajesh & Ravi, 2015; Rajesh et al., 2015; Saberi et al., 2019; Scholten et al., 2014; Soni & Jain, 2011; Soni et al., 2014; Yu et al., 2018)
Anticipation level A &/B Ability/ experience to discern potential future events / situations such as forex, weather, forecast economic growth, etc.
Disruption information shared level B Willingness to share negative information caused by financial crisis, such as, downsizing of the organization from customer to supplier or vice versa
Relationship Customer loyalty level B Ability to keep/ maintain customers’ loyalty (Abdullah, 2016; Belleflamme et al., 2014; Drover et al., 2017; Faisal et al., 2006; Kumar et al., 2014; Malliari & Sirkeci, 2017; McKenny et al., 2017; Schmitt,2011; Schwienbacher, 2018; Soni et al., 2014; Taha & Macias, 2014; Walthoff-Borm et al., 2018; Kong & Xiang, 2008; Zhao et al., 2018)
Risk sharing level B Willingness of external {partners (supplier &/or customer)} & internal {employees} to help and share the risk together such as currency volatility risk, or delay in salary etc.
Crowdfunding level B Ability to raise funding from equity, employees, business partners, public, families/ friends etc. without losing permanent ownership
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