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Big data analytics in supply chain management and its impact on business performance

 and   
Mar 17, 2025

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Figure 1.

Formation process of core competence
Formation process of core competence

Figure 2.

Hierarchical evolution process of capability
Hierarchical evolution process of capability

Figure 3.

Innovation choice space model
Innovation choice space model

Figure 4.

Big data analysis on the supply end
Big data analysis on the supply end

Figure 5.

Theoretical model of big data analysis ability on enterprise performance
Theoretical model of big data analysis ability on enterprise performance

Figure 6.

Structural equation model
Structural equation model

KMO and Bartlett Test of Big Data Analysis Capability

KMO and Bartlett sphericity test
KMO measures adequacy of sampling 0.861
Bartlett sphericity test Approximate chi-square 785.342
Df 135
Sig. 0.000

Results of enterprise performance reliability analysis

Variable Dimensionality Question number CITC After deletion Cronbach’s ɑ Cronbach’s ɑ
Enterprise performance (EP) Market performance (EP1) EP11 0.5537 0.8092 0.8508 0.8446
EP12 0.5229 0.8165
EP13 0.6237 0.8017
EP14 0.4804 0.8205
Operational performance (EP2) EP21 0.6018 0.8026 0.8513
EP22 0.5921 0.8368
EP23 0.6206 0.8007
EP24 0.4498 0.8223

Total Variance Explained of Supply Chain Flexibility

Factor Initial eigenvalue Extract sum of squares and load
Total Variation% Cumulative % Total Variation% Cumulative %
1 7.8453 36.7231 36.7231 7.8453 36.7231 36.7231
2 4.3710 20.0144 56.7375 4.3710 20.0144 56.7375
3 1.8433 8.3794 65.1169 1.8433 8.3794 65.1169
4 1.2137 5.7011 70.8180 1.2137 5.7011 70.8180
5 1.0580 4.6118 75.4298 1.0580 4.6118 75.4298
6 0.7835 3.7012 79.1310
7 0.5294 2.4963 81.6273
8 0.4905 2.4440 84.0713
9 0.4826 2.1544 86.2257
10 0.3701 1.9600 88.1857
11 0.3553 1.8825 90.0682
12 0.3132 1.5074 91.5756
13 0.2756 1.3818 92.9574
14 0.2224 1.3044 94.2618
15 0.1979 1.0637 95.3255
16 0.2907 1.0399 96.3654
17 0.1806 0.9884 97.3538
18 0.1326 0.7926 98.1464
19 0.0836 0.5862 98.7326
20 0.0793 0.5364 99.2690
21 0.0678 0.3854 99.6544
22 0.0515 0.3456 100.0000

Enterprise performance measurement scale

Variable Dimensionality Question number Item
Enterprise performance (EP) Market performance (EP1) EP11 Firms enter new markets faster than their competitors.
EP12 Companies bring new products or services to market faster than their competitors.
EP13 The success rate of a company’s new product or service is consistently higher than that of its competitors.
EP14 The company’s market share has surpassed that of its competitors.
Operational performance (EP2) EP21 The productivity of the company has surpassed that of its competitors
EP22 The company’s profit margin exceeds that of its competitors.
EP23 The company’s return on investment exceeds that of its competitors.
EP24 The company’s sales revenue exceeded that of its competitors.

Total Variance Explained of Firm Performance

Factor Initial eigenvalue Extract sum of squares and load
Total Variation% Cumulative % Total Variation% Cumulative %
1 5.2155 58.6864 58.6864 5.2155 58.6864 58.6864
2 1.1438 14.9662 73.6526 1.1438 14.9662 73.6526
3 0.6628 8.1228 81.7754
4 0.4656 5.2589 87.0343
5 0.3335 4.3841 91.4184
6 0.2958 3.7094 95.1278
7 0.2378 2.8466 97.9744
8 0.1616 2.0256 100.0000

Reliability analysis results of big data analysis capability

Variable Dimensionality Question number CITC After deletion Cronbach’s ɑ Cronbach’s ɑ
Big data analysis ability (BDAC) Resource acquisition ability (BDAC1) BDAC11 0.4337 0.8567 0.8437 0.8618
BDAC12 0.6128 0.8443
BDAC13 0.5436 0.8592
BDAC14 0.5208 0.8560
Integration and analytical ability (BDAC2) BDAC21 0.4783 0.8546 0.8532
BDAC22 0.6254 0.8433
BDAC23 0.4759 0.8583
BDAC24 0.6001 0.8472
Insight and prediction ability (BDAC3) BDAC31 0.5225 0.8406 0.8442
BDAC32 0.6237 0.8428
BDAC33 0.4332 0.8555
BDAC34 0.6108 0.8443

Results of mediation analysis

Path SE Effect value Bias-corrected 95% CI P Ratio of total effect
Lower Upper
H8 BDAC → SCF → EP 0.081 0.237 0.105 0.449 0.003 100%
H9 BDAC → SCF1 → EP 0.041 0.083 0.015 0.142 0.021 35.02%
H10 BDAC → SCF2 → EP 0.083 0.154 0.031 0.385 0.031 64.98%

Test results of the path coefficients affecting the relationship

Path β S.E. C.R. P Result
H1 BDAC → SCF 0.441 0.081 5.735 0.000 Support
H2 BDAC → SCF1 0.448 0.098 5.551 0.000 Support
H3 BDAC → SCF2 0.637 0.075 6.637 0.000 Support
H4 BDAC → EP 0.481 0.105 4.388 0.000 Support
H5 SCF → EP 0.432 0.114 3.251 0.008 Support
H6 SCF1 → EP 0.386 0.045 2.667 0.004 Support
H7 SCF2 → EP 0.503 0.091 2.735 0.009 Support

Descriptive statistics of the samples

Information Type Frequency % Cumulative %
Gender Male 121 45.83 45.83
Female 143 54.17 100
Position Senior manager 31 11.74 11.74
Middle manager 99 37.50 49.24
Grass-roots manager 130 49.24 98.48
Other personnel 4 1.52 100.00
Establishment period Less than 3 years 9 3.41 3.41
3-5 years 24 9.09 12.50
5-10 years 67 25.38 37.88
10-20 years 101 38.26 76.14
More than 20 years 63 23.86 100.00
Nature of company State-owned enterprise 48 18.18 18.18
Joint venture 31 11.74 29.92
Private enterprise 171 64.77 94.70
Foreign-funded enterprise 10 3.79 98.48
Other 4 1.52 100.00
Industry category Manufacturing industry 121 45.83 45.83
Service industry 61 23.11 68.94
High-tech industry 59 22.35 91.29
Other 23 8.71 100.00
Personnel size Less than 100 63 23.86 23.86
101-500 141 53.41 77.27
501-1000 33 12.50 89.77
1001-500 21 7.95 97.73
More than 5000 6 2.27 100.00
Corporate capital Less than 10 million 101 38.26 38.26
10.1-50 million 67 25.38 63.64
50.01-100 million 71 26.89 90.53
100.01- 500 million 23 8.71 99.24
More than 500 million 2 0.76 100.00

Reliability test results of supply chain flexibility

Variable Index Question number CITC After deletion Cronbach’s ɑ Cronbach’s ɑ
Supply chain flexibility (SCF) New product flexibility (SCF1) SCF11 0.6073 0.8823 0.8864 0.8687
SCF12 0.6445 0.9355
SCF13 0.6302 0.8852
SCF14 0.5203 0.8673
Procurement flexibility (SCF2) SCF21 0.6288 0.8718 0.8646
SCF22 0.7889 0.8969
SCF23 0.6625 0.9115
SCF24 0.8032 0.9332
SCF25 0.7155 0.8995
Product flexibility (SCF3) SCF31 0.7489 0.9329 0.8247
SCF32 0.6441 0.8791
SCF33 0.7799 0.9149
SCF34 0.7236 0.8756
Delivery flexibility (SCF4) SCF41 0.7124 0.9174 0.8306
SCF42 0.7781 0.9301
SCF43 0.7875 0.9085
SCF44 0.8420 0.9410
Information system flexibility (SCF5) SCF51 0.5991 0.9091 0.8583
SCF52 0.8380 0.9170
SCF53 0.7736 0.8816
SCF54 0.6873 0.8753
SCF55 0.5390 0.8820

KMO and Bartlett Test of Firm Performance

KMO and Bartlett sphericity test
KMO measures adequacy of sampling 0.858
Bartlett sphericity test Approximate chi-square 422.805
Df 39
Sig. 0.000

Questionnaire of Supply Chain Flexibility

Variable Index Question number Item
Supply chain flexibility (SCF) New product flexibility (SCF1) SCF11 The ability of the company to introduce new products every year
SCF12 The degree of consumer involvement in the development of new products.
SCF13 Use computer technology to assist in the design and production of new products.
SCF14 Effectively plan development cost and time during new product development.
Procurement flexibility (SCF2) SCF21 The ability of enterprises to maintain supplier relationships in a changing environment.
SCF22 The ability of suppliers to respond to changes in raw material types and demand.
SCF23 The ability of enterprises to quickly meet the diversification of raw material demand.
SCF24 Enterprise’s ability to change suppliers.
SCF25 The company’s ability to adapt to changes in supplier delivery cycles.
Product flexibility (SCF3) SCF31 Ability to offer different product combinations according to consumer needs.
SCF32 Change the ability of existing product design quickly and accurately according to consumer demand.
SCF33 Enterprise production equipment can rapidly transform functions to produce the ability of different products.
SCF34 The time and cost required to produce non-standard products.
Delivery flexibility (SCF4) SCF41 The enterprise can provide a variety of distribution modes for each product.
SCF42 The ability to adjust the distribution mode to meet the urgent needs of customers.
SCF43 Coordinate warehouse, distribution channel and factory to complete user order.
SCF44 Cost and time can be effectively controlled when changing the quantity and type of products shipped.
Information system flexibility (SCF5) SCF51 The ability to communicate timely information between supply chain partners.
SCF52 The ability to meet different information needs through existing information systems.
SCF53 Quality and accuracy of information transfer between supply chain enterprises.
SCF54 Supply chain information system can be reused and reconfigurable.
SCF55 The scalability of supply chain information system according to business needs.

Total Variance Explained of Big Data Analysis Capability

Factor Initial eigenvalue Extract sum of squares and load
Total Variation% Cumulative % Total Variation% Cumulative %
1 7.6703 49.0995 49.0995 7.6703 49.0995 49.0995
2 2.3125 14.7197 63.8192 2.3125 14.7197 63.8192
3 1.2198 7.6946 71.5138 1.2198 7.6946 71.5138
4 0.8230 5.5841 77.0979
5 0.6382 4.1689 81.2668
6 0.4696 3.0857 84.3525
7 0.4316 2.8568 87.2093
8 0.4001 2.4866 89.6959
9 0.2917 2.006 91.7019
10 0.2690 1.9935 93.6954
11 0.2530 1.6704 95.3658
12 0.2129 1.4801 96.8459
13 0.2070 1.2864 98.1323
14 0.1005 0.974 99.1063
15 0.0907 0.8937 100.0000

KMO and Bartlett Test of Supply Chain Flexibility

KMO and Bartlett sphericity test
KMO measures adequacy of sampling 0.837
Bartlett sphericity test Approximate chi-square 1080.533
Df 234
Sig. 0.000

Questionnaire of Big Data Capability

Variable Dimensionality Question number Item
Big data analysis ability (BDAC) Resource acquisition ability (BDAC1) BDAC11 The enterprise can obtain internal and external data resources to support the business.
BDAC12 Companies can get enough data to analyze the required professionals.
BDAC13 Enterprises can obtain sufficient technical equipment and skills needed for data analysis.
BDAC14 Companies can update the data, talent, and technical resources they need in a timely manner.
Integration and analytical ability (BDAC2) BDAC21 Enterprise big data analysts have the basic skills to complete big data analysis.
BDAC22 Companies can integrate internal data with external data to facilitate analysis of the business environment.
BDAC23 Organizations can analyze very large amounts of unstructured or highly dynamic data.
BDAC24 Enterprises can identify and screen out commercially valuable information from massive data.
Insight and prediction ability (BDAC3) BDAC31 Companies base their decisions on big data analytics rather than intuition.
BDAC32 Big data analytics can support business activities.
BDAC33 Enterprises can achieve real-time insights into the market based on big data analysis.
BDAC34 Enterprises can discover the potential needs of customers through data analysis.

Descriptive statistics of variables

Variable N Minimum Maximum Mean SD
Dependent variable Enterprise performance EP1 264 3.2505 7.0000 5.7819 0.7206
EP2 264 2.7510 7.0000 5.7858 0.6347
Independent variable Big data analysis ability BDAC1 264 3.8234 7.0000 5.7305 0.6782
BDAC2 264 3.6761 7.0000 5.7912 0.6833
BDAC3 264 3.5681 6.9342 5.7548 0.6359
Mediation variable Supply chain flexibility SCF1 264 4.0000 7.0000 5.9595 0.7225
SCF2 264 4.0000 7.0000 5.7814 0.7019
SCF3 264 4.0000 7.0000 5.6533 0.8912
SCF4 264 4.0000 7.0000 5.7316 0.7437
SCF5 264 4.0000 7.0000 5.5051 0.7553
Language:
English