MANAGING THE INTERNATIONAL SUPPLY CHAIN OF THE BUSINESS SECTOR TO REDUCE RISKS UNDER THE SITUATION OF GLOBAL ECONOMIC VOLATILITY

Abstract

This research aimed 1) To study the international supply chain management of business sectors and 2) To examine the influence of key components on supply chain management among industrial enterprises engaged in import and export activities. This quantitative research employed a questionnaire to collect data from 500 industrial entrepreneurs involved in international trade. Statistical methods used for analysis included mean, standard deviation, t-test, and structural equation modeling (SEM). The results revealed that the overall level of importance of international supply chain management was high, with a mean score of 4.39. When considering each dimension, technology ( = 4.45) and communication integration ( = 4.44) had the highest mean scores. The t-test analysis indicated statistically significant differences in the overall importance level at the 0.05 level when classified by business size. The causal relationship analysis demonstrated that the modified structural model was consistent with the empirical data, with p-value = 0.171, CMIN/DF = 1.093, GFI = 0.962, and RMSEA = 0.014. The hypothesis testing showed that technology had a direct influence on communication integration, economic ecology, and operational competency, while economic ecology had a direct influence on communication integration and operational competency. The study concludes that technology serves as a critical mechanism driving international supply chain efficiency, enhancing communication integration and production management.
The findings align with the global trend in which digital technologies play a vital role in reducing transaction costs and strengthening competitiveness. Moreover, businesses of different sizes prioritize supply chain management components differently, depending on their capacity, resources, and adaptability to economic volatility.