Factors Affecting Cooperation in the International Supply Chain of Seafood Enterprises: the Case of Vietnamese
DOI:
https://doi.org/10.26668/businessreview/2023.v8i5.699Keywords:
Cooperation, Supply Chain, International, Seafood, VietnamAbstract
Purpose: The purpose of this research is to analyze and evaluate factors affecting cooperation in the international supply chain of Vietnamese seafood enterprises.
Theoretical framework: Operations in international business context are associated with high risks, so cooperation in supply chain helps to improve management flexibility. On the other hand, acccording to the theory of resource dependency, resource sharing and information sharing strategies can affect the quality and the level of cooperation among supply chain partners.
Design/methodology/approach: To achieve the aim of this study, a literature survey related to supply chain and supply chain cooperation is carried out, and empirical analysis is conducted among 327 partners in seafood industry with the results analyzed using Cronbach’s Alpha analysis, exploratory factor analysis (EFA), and linear regression analysis (RA).
Findings: Research results have confirmed that there are six main factors directly affecting the international supply chain cooperation of Vietnamese seafood enterprises including: (1) Trust; (2) Power; (3) Distance; (4) Government policy; (5) Cooperation strategies and (6) Information sharing.
Research/Practical & Social implication: The encouraging policies and simplified export regulations are to be implemented by the government, VASEP and enterprises so the knowledge about international supply chain cooperation will be promoted with the help of comprehensive future research directions.
Originality/value: This is literally one of the first research works in Vietnam to incorporate the information sharing component into the model of affecting factors for international supply chain cooperation. Regardless of business uncertainties, the study shed new light on supply chain cooperation and promote firms to gain an edge in the global marketplace.
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