Critical Supply Chain Innovation Indicators that Enhance Business Performance: A Case Study of Weir Minerals Africa
Issue: Vol.4 No.14 Special Issue Article 13 pp.153-163
DOI: https://doi.org/10.38159/ehass.202341414 | Published online 22nd December, 2023
© 2023 The Author(s). This is an open access article under the CCBY license (http://creativecommons.org/licenses/by/4.0/).
The principal link between technology and competitive advantage is innovation. The quest for sustainable competitive advantage has caused firms to invest in innovation, consequently, innovation is responsible for new industries coming into being, and it is innovation, which allows some firms to dominate in that space. Thus, this study aimed to examine the critical supply chain (SC) innovation indicators that enhance business performance. This research study centred on the operational activities of the Weir Minerals Africa (WMA) Isando facility in Johannesburg, South Africa, including all elements associated with the supply chain activities of the plant. The study sample of 230 respondents was considered representative of the population. The philosophical worldview in this research is positivism. Positivism hinges on computable observations that lead to statistical interpretations. The study was quantitative, adopted the deductive research approach, and a set of hypotheses were formulated for the research to confirm or reject a theory. For this population, the researcher applied a census-based sampling approach. The results showed that there is a significant number of indicators that enhance business performance and these include a clear culture of continuous improvement, focusing on new markets both locally and globally, product portfolio changes, constant connection and engagement with customers and cost structures. In light of these findings, the study provided a set of recommendations. Weir Minerals has a significant number of supply chain innovation hubs and metrics that include improvement and innovation culture across the entire organisation, an aggressive drive to create new markets and a clear posture to enforce standards and consistent value to its customers. However, it has not made a significant and noticeable effort to connect regularly with its customers. It has to improve on its customer relationship management frontier. The study findings underscored the relevance of a holistic overview of the supply chain problems at Weir Minerals Isando (WMI) that may inform the supply chain management decisions and expand academic knowledge.
Keywords: Supply Chain Innovation, Supply Chain Management, Sustainable Business Performance
Arlbjørn, Jan Stentoft, and Antony Paulraj. “Special Topic Forum on Innovation in Business Networks from a Supply Chain Perspective: Current Status and Opportunities for Future Research.” Journal of Supply Chain Management. Wiley Online Library, 2013.
Bag, Surajit, Lincoln C Wood, Lei Xu, Pavitra Dhamija, and Yaşanur Kayikci. “Big Data Analytics as an Operational Excellence Approach to Enhance Sustainable Supply Chain Performance.” Resources, Conservation and Recycling 153 (2020): 104559.
Balaji, M, S Dinesh, and V Parthiban. “Applying Balanced Scorecards to Supply Chain Performance.” Industrial & Systems Engineering at Work Magazine 50, no. 11 (2018): 42–47.
Barroso, Alicia, Marco S Giarratana, and Martina Pasquini. “Product Portfolio Performance in New Foreign Markets: The EU Trademark Dual System.” Research Policy 48, no. 1 (2019): 11–21.
Bo, L., and L. Yulong. “Internet of Things Drives Supply Chain Innovation: A Research Framework.” International Journal of Organizational Innovation 9, no. 3 (2017): 71–92.
Cohen, Morris A, Carl Cull, Hau L Lee, and Don Willen. “Saturn’s Supply-Chain Innovation: High Value in after-Sales Service.” MIT Sloan Management Review 41, no. 4 (2000): 93.
Edgeman, Rick. “Excellence Models as Complex Management Systems: An Examination of the Shingo Operational Excellence Model.” Business Process Management Journal 24, no. 6 (2018): 1321–38.
Fine, C. H. “ Clockspeed: Winning Industry Control in the Age of Temporary Advantage.” ReadHowYouWant.Com, 2010.
Hahn, Gerd J. “Industry 4.0: A Supply Chain Innovation Perspective.” International Journal of Production Research 58, no. 5 (2020): 1425–41.
Henríquez-Machado, Rafael, Andrés Muñoz-Villamizar, and Javier Santos. “Sustainability through Operational Excellence: An Emerging Country Perspective.” Sustainability 13, no. 6 (2021): 3165.
Hizarci‐Payne, Ayça Kubra, İlayda İpek, and Gülüzar Kurt Gümüş. “How Environmental Innovation Influences Firm Performance: A Meta‐analytic Review.” Business Strategy and the Environment 30, no. 2 (2021): 1174–90.
Isaksson, Raine, Peter Johansson, and Klaus Fischer. “Detecting Supply Chain Innovation Potential for Sustainable Development.” Journal of Business Ethics 97 (2010): 425–42.
Jajja, Muhammad Shakeel Sadiq, Vijay R Kannan, Shaukat Ali Brah, and Syed Zahoor Hassan. “Linkages between Firm Innovation Strategy, Suppliers, Product Innovation, and Business Performance: Insights from Resource Dependence Theory.” International Journal of Operations & Production Management 37, no. 8 (2017): 1054–75.
Ju, K-J, Byeonghwa Park, and Taikyoo Kim. “Causal Relationship between Supply Chain Dynamic Capabilities, Technological Innovation, and Operational Performance.” Management and Production Engineering Review 7 (2016).
Kaplan, Robert S, and David P Norton. A Estratégia Em Ação: Balanced Scorecard. Gulf Professional Publishing, 1997.
Kubilay, Merve Beyza, and Therese Dahlberg. “Exploring Market Creation by Entrepreneurs in Sweden: How Value Innovation Fosters the Creation of New Markets,” 2020.
Landau, Christian, Amit Karna, and Miriam Sailer. “Business Model Adaptation for Emerging Markets: A Case Study of a G Erman Automobile Manufacturer in I Ndia.” R&d Management 46, no. 3 (2016): 480–503.
Leal-Rodríguez, Antonio L, Antonio J Ariza-Montes, Emilio Morales-Fernández, and Gema Albort-Morant. “Green Innovation, Indeed a Cornerstone in Linking Market Requests and Business Performance. Evidence from the Spanish Automotive Components Industry.” Technological Forecasting and Social Change 129 (2018): 185–93.
Moreira, António Carrizo, Luís Miguel D F Ferreira, and Ricardo A Zimmermann. Innovation and Supply Chain Management. Springer, 2018.
Neto, João Quariguasi Frota, and Marie Dutordoir. “Mapping the Market for Remanufacturing: An Application of ‘Big Data’ Analytics.” International Journal of Production Economics 230 (2020): 107807.
Newman, W. Automotive Supply Chain Leaders: Winning in Supply Chain during a Time of Industry Disruption. . Los Angeles: Digitalist, 2018.
Rao, Mohan, Rishi Chhabria, Angappa Gunasekaran, and Purnendu Mandal. “Improving Competitiveness through Performance Evaluation Using the APC Model: A Case in Micro-Irrigation.” International Journal of Production Economics 195 (2018): 1–11.
Ribeiro, Oscar, Laetitia Teixeira, Lia Araújo, and Constança Paúl. “Health Profile of Centenarians in Portugal: A Census-Based Approach.” Population Health Metrics 14, no. 1 (2016): 1–6.
Shashi, Manish. “Digital Strategies to Improve the Performance of Pharmaceutical Supply Chains.” Walden University, 2022.
Story, W. K. “Impact of Supply Chain Technology Response Capability on Firm Performance and Supply Chain Technology Performance.” University of Memphis, 2016.
The Weir Group PLC. “ Annual Report and Financial Statements 2020.” https://www.global.weir/siteassets/pdfs/newsroom/the-weir-group-plc-2020-annual-report–accounts.pdf, 2020.
———. “Annual Report and Financial Statements 2016.” https://www.annualreports.com/HostedData/AnnualReportArchive/t/LSE_WEIR_2016.pdf, 2016.
Tazvivinga Mabika holds a Diploma in Industrial Metallurgy from Bulawayo Polytechnic, Diploma in Business Administration from Zim Institute of Management, Bachelor of Technology: Quality Management from University of South Africa, Master of Business Leadership (MBL) from Unisa School of Business Leadership and a Doctorate in Business Administration (DBA) from the Graduate School of Business & Leadership, University of KwaZulu-Natal. He is currently employed at Weir Minerals Africa as Materials Planning Specialist in the Planning and Logistics Department. Areas of academic interests: Supply Chain Management, Quality Management, Research Methodology and Operations Management
Yalezo Bhasela is a Senior Lecturer at the Graduate School of Business & Leadership, University of KwaZulu-Natal, Westville Campus. Bhaso holds a B. Com & B. Com Honors from University of KwaZulu-Natal, Master of Business Administration (MANCOSA) SMME Development, Masters Development Studies (NMMU) SMME Funding, (Doctor of Business Administration (UKZN), LLB and currently doing LLM-Tax Law Part-time with UKZN. He is a Senior lecture at University of KwaZulu-Natal Graduate School of Business and Leadership, He lecturers: Strategy and Organisational Dynamics and Economics for Local Economic Development Managers.
Mabika,Tazvivinga & Bhasela, Yalezo. “Critical Supply Chain Innovation Indicators that Enhance Business Performance: A Case Study of Weir Minerals Africa.” E-Journal of Humanities, Arts and Social Sciences 4, no.14 Special Issue (2023): 153-163. https://doi.org/10.38159/ehass.202341414
© 2023 The Author(s). Published and Maintained by Noyam Journals. This is an open access article under the CCBY license (http://creativecommons.org/licenses/by/4.0/).