Supply Chain Risk Management and Financial Performance: Empirical Study of Manufacturing Companies in Southeast Asia
Article Sidebar
-
Financial Performance, Manufacturing Companies, Southeast Asia
Abstract
Supply chain risk management (SCRM) has become a critical concern for manufacturing companies, particularly in Southeast Asia, where globalization and market volatility pose significant challenges. Effective SCRM is essential for maintaining operational stability and achieving financial performance. However, empirical evidence on the relationship between SCRM practices and financial outcomes in this region remains limited. This study aims to investigate the impact of supply chain risk management on the financial performance of manufacturing companies in Southeast Asia, providing insights into how SCRM practices can enhance profitability and resilience. A quantitative research design was employed, utilizing survey data collected from 250 manufacturing companies across Southeast Asia. Structural equation modeling (SEM) was used to analyze the relationships between SCRM practices and financial performance indicators, such as return on assets (ROA) and profit margins. The findings reveal that effective SCRM practices, including risk identification, assessment, and mitigation, significantly improve financial performance. Companies with robust SCRM systems reported higher profitability and greater resilience to disruptions. Risk mitigation strategies, in particular, were found to have the strongest positive impact on financial outcomes. This study highlights the importance of implementing comprehensive SCRM practices to enhance financial performance in the manufacturing sector.
Full text article
References
Alhwaiti, Y., Khan, M., Asim, M., Siddiqi, M. H., Ishaq, M., & Alruwaili, M. (2025). Leveraging YOLO deep learning models to enhance plant disease identification. Scientific Reports, 15(1). Scopus. https://doi.org/10.1038/s41598-025-92143-0
Anwar, U. A. A., Rahayu, A., Wibowo, L. A., Sultan, M. A., Aspiranti, T., Furqon, C., & Rani, A. M. (2025). Supply chain integration as the implementation of strategic management in improving business performance. Discover Sustainability, 6(1). Scopus. https://doi.org/10.1007/s43621-025-00867-w
Barrionuevo, G. O., La Fé-Perdomo, I., & Ramos-Grez, J. A. (2025). Laser powder bed fusion dataset for relative density prediction of commercial metallic alloys. Scientific Data, 12(1). Scopus. https://doi.org/10.1038/s41597-025-04576-x
Berta, K. K., & Tesfaye, M. (2025). Determinants of road construction project delay in the case of Woliso–Ambo road construction. Scientific Reports, 15(1). Scopus. https://doi.org/10.1038/s41598-025-86852-9
Bredt, B. H., Tripet, F., & Müller, P. (2025). Revealing complex mosquito behaviour: A review of current automated video tracking systems suitable for tracking mosquitoes in the field. Parasites and Vectors, 18(1). Scopus. https://doi.org/10.1186/s13071-025-06666-6
Chauhan, V., Gupta, L., & Dixit, J. (2025). Landslide susceptibility assessment for Uttarakhand, a Himalayan state of India, using multi-criteria decision making, bivariate, and machine learning models. Geoenvironmental Disasters, 12(1). Scopus. https://doi.org/10.1186/s40677-024-00307-3
Cordero, J. M., & Mateos-Romero, L. (2025). Exploring the relationship between students´ experiences with online payment methods and financial competencies using a Bayesian nonparametric approach. Large-Scale Assessments in Education, 13(1). Scopus. https://doi.org/10.1186/s40536-025-00239-w
Gao, R., Cui, S., Wang, Y., & Xu, W. (2025). Predicting financial distress in high-dimensional imbalanced datasets: A multi-heterogeneous self-paced ensemble learning framework. Financial Innovation, 11(1). Scopus. https://doi.org/10.1186/s40854-024-00745-w
Geetha, S., Elakiya, E., Kanmani, R. S., & Das, M. K. (2025). High performance fake review detection using pretrained DeBERTa optimized with Monarch Butterfly paradigm. Scientific Reports, 15(1). Scopus. https://doi.org/10.1038/s41598-025-89453-8
Ghoorah, U., Mariyani-Squire, E., & Zoha Amin, S. (2025). Relationships between financial transparency, trust, and performance: An examination of donors’ perceptions. Humanities and Social Sciences Communications, 12(1). Scopus. https://doi.org/10.1057/s41599-025-04640-2
Jiang, K., Chen, L., Li, J., & Du, X. (2025). The risk effects of corporate digitalization: Exacerbate or mitigate? Humanities and Social Sciences Communications, 12(1). Scopus. https://doi.org/10.1057/s41599-025-04628-y
Johari, M. F., Chiew, K. L., Hosen, A. R., Yong, K. S. C., Khan, A. S., Abbasi, I. A., & Grzonka, D. (2025). Key insights into recommended SMS spam detection datasets. Scientific Reports, 15(1). Scopus. https://doi.org/10.1038/s41598-025-92223-1
Lai, J. H. J., Ireland, P., Nguyen, D., Woodbury, A., & Pacey, V. (2025). The use and experience of the national disability insurance scheme for Australians with skeletal dysplasia: A mixed-methods study. Orphanet Journal of Rare Diseases, 20(1). Scopus. https://doi.org/10.1186/s13023-025-03630-6
Lee, S., & Nguyen, T. T. (2025). Prioritizing public service investments and analyzing factors affecting willingness to pay for public services during the COVID-19 pandemic: A case study of rural areas in Chungnam Province, South Korea. Discover Sustainability, 6(1). Scopus. https://doi.org/10.1007/s43621-025-00887-6
Li, T., Wang, Z., & Shi, P. (2025). Within-project and cross-project defect prediction based on model averaging. Scientific Reports, 15(1). Scopus. https://doi.org/10.1038/s41598-025-90832-4
Lin, B., & Xie, Y. (2025). How does digital finance drive energy transition? A green investment-based perspective. Financial Innovation, 11(1). Scopus. https://doi.org/10.1186/s40854-025-00772-1
Lin, Y.-C., Padliansyah, R., Lu, Y.-H., & Liu, W.-R. (2025). Bankruptcy prediction: Integration of convolutional neural networks and explainable artificial intelligence techniques. International Journal of Accounting Information Systems, 56. Scopus. https://doi.org/10.1016/j.accinf.2025.100744
Lu, K., & Shi, C. (2025). Why do travelers discontinue using integrated ride-hailing platforms? The role of perceived value and perceived risk. Humanities and Social Sciences Communications, 12(1). Scopus. https://doi.org/10.1057/s41599-025-04683-5
Martin-Melero, I., Gomez-Martinez, R., Medrano-Garcia, M. L., & Hernandez-Perlines, F. (2025). Comparison of sectorial and financial data for ESG scoring of mutual funds with machine learning. Financial Innovation, 11(1). Scopus. https://doi.org/10.1186/s40854-024-00719-y
Miao, Z., Elizalde, B., Deshmukh, S., Kitzes, J., Wang, H., Dodhia, R., & Ferres, J. L. (2025). Multi-modal Language models in bioacoustics with zero-shot transfer: A case study. Scientific Reports, 15(1). Scopus. https://doi.org/10.1038/s41598-025-89153-3
Moreh, F., Hasan, Y., Rizvi, Z. H., Tomforde, S., & Wuttke, F. (2025). Hybrid neural network method for damage localization in structural health monitoring. Scientific Reports, 15(1). Scopus. https://doi.org/10.1038/s41598-025-92396-9
Nazneen, A., Qazi, S., Ali, I. S., Saleem, I., Safdar, U., & Arafat, M. Y. (2025). Measuring the impact of intellectual capital on the firm’s financial performance: Evidence from Indian public sector companies. Discover Sustainability, 6(1). Scopus. https://doi.org/10.1007/s43621-025-00827-4
Ogunbode, T. O., Esan, V. I., Ayegboyin, M. H., Ogunlaran, O. M., Sangoyomi, E. T., & Akande, J. A. (2025). Analysis of farmers’ perceptions on sustainable sweet orange farming in nigeria amid climate change. Scientific Reports, 15(1). Scopus. https://doi.org/10.1038/s41598-025-90056-6
Rajamony, R. K., Sridhar, K., Kalidasan, B., Mishra, R., Farade, R. A., Megalingam, A., Raj M, J. I., Nur-E-Alam, M., & Abedin, T. (2025). Cutting-edge cooling techniques for photovoltaic systems: A comprehensive review. Interactions, 246(1). Scopus. https://doi.org/10.1007/s10751-025-02267-y
Roy, J. K., & Vasa, L. (2025). Financial technology and environmental, social and governance in sustainable finance: A bibliometric and thematic content analysis. Discover Sustainability, 6(1). Scopus. https://doi.org/10.1007/s43621-025-00934-2
Samir, A. A., Elamir, A. H., Basyouni Helal, M., Goudy, Y., Elbarbary, K., El-Mezayen, M., Abo-Elenien, W., Abdelazim, E. H., Mabrouk, M. A., El-Tonbary, M. A., Ibrahim, S. Y., Abdelazem, I. E., Osama, O., Fathy, A. K., Lotfy, A., Marei, E. M., El-Saeed, M. M., Attallah, R. M., Salah, A. W., … Abdelsayed, K. (2025). Sociodemographic, lifestyle, and psychological factors as controllable predictors of academic self-efficacy after reforming a medical education system; the Egyptian Nationwide experience. BMC Medical Education, 25(1). Scopus. https://doi.org/10.1186/s12909-025-06805-8
Sankova, M. V., Nikolenko, V. N., Litvinova, T. M., Volel, B. A., Oganesyan, M. V., Rizaeva, N. A., Vovkogon, A. D., Sankov, S. V., Bulygin, K. V., Zharikova, T. S., Sankov, A. V., Panas, A., Pontes-Silva, A., & Zharikov, Y. O. (2025). Effects of the COVID-19 pandemic on the health of medical students transitioning from traditional education to distance learning: A prospective cohort. BMC Medical Education, 25(1). Scopus. https://doi.org/10.1186/s12909-024-06407-w
Sibomana, O., Hakayuwa, C. M., Obianke, A., Gahire, H., Munyantore, J., & Chilala, M. M. (2025). Diagnostic accuracy of ECG smart chest patches versus PPG smartwatches for atrial fibrillation detection: A systematic review and meta-analysis. BMC Cardiovascular Disorders, 25(1). Scopus. https://doi.org/10.1186/s12872-025-04582-2
Stephan, T., Paramana, P. P. D., Lin, C.-C., Agarwal, S., & Verma, R. (2025). Federated learning-driven IoT system for automated freshness monitoring in resource-constrained vending carts. Journal of Big Data, 12(1). Scopus. https://doi.org/10.1186/s40537-025-01063-3
Vergil, H., Mursal, M., Kaplan, M., & Khan, A. U. I. (2025). The Causal Relationship between Public Investment in Renewable Energy and Climate Change Performance Index. International Journal of Energy Economics and Policy, 15(1), 121–130. Scopus. https://doi.org/10.32479/ijeep.17308
Vijayan, S., & Chowdhary, C. L. (2025). Hybrid feature optimized CNN for rice crop disease prediction. Scientific Reports, 15(1). Scopus. https://doi.org/10.1038/s41598-025-92646-w
Wang, R. Z., Cummins, J. S., Syed, M., Stroev, N., Pastras, G., Sakellariou, J., Tsintzos, S., Askitopoulos, A., Veraldi, D., Calvanese Strinati, M., Gentilini, S., Pierangeli, D., Conti, C., & Berloff, N. G. (2025). Efficient computation using spatial-photonic Ising machines with low-rank and circulant matrix constraints. Communications Physics, 8(1). Scopus. https://doi.org/10.1038/s42005-025-01987-5
Wang, Z. (2025). Application of CNN-based financial risk identification and management convolutional neural networks in financial risk. Systems and Soft Computing, 7. Scopus. https://doi.org/10.1016/j.sasc.2025.200215
Wang, Z., Sun, Q., Zhang, X., Hu, Z., Chen, J., Zhong, C., & Li, H. (2025). CUGUV: A Benchmark Dataset for Promoting Large-Scale Urban Village Mapping with Deep Learning Models. Scientific Data, 12(1). Scopus. https://doi.org/10.1038/s41597-025-04701-w
Warrenc, C., & Neary, B. (2025). A Marriage of Sun, Farmland, and Technology: How artificial intelligence (AI) can boost community support, financial returns, and performance of agrivoltaics projects. EPRI Journal, 1, 5–8. Scopus.
Wei, D., Wang, Z., Qiu, M., Yu, J., Yu, J., Jin, Y., Sha, X., & Ouyang, K. (2025). Multiple objectives escaping bird search optimization and its application in stock market prediction based on transformer model. Scientific Reports, 15(1). Scopus. https://doi.org/10.1038/s41598-025-88883-8
Zhang, S., Zhang, Q., Wang, M., Tang, X., Lu, X., & Huang, W. (2025). Key drivers of medical crowdfunding success: A comprehensive analysis of 84,712 projects. Humanities and Social Sciences Communications, 12(1). Scopus. https://doi.org/10.1057/s41599-024-04160-5
Zhou, Y., Xie, C., Wang, G.-J., Gong, J., & Zhu, Y. (2025). Forecasting cryptocurrency volatility: A novel framework based on the evolving multiscale graph neural network. Financial Innovation, 11(1). Scopus. https://doi.org/10.1186/s40854-025-00768-x
Authors
Copyright (c) 2025 Rizal Perlambang, Rashid Rahman, Aiman Fariq
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
