Impact of Competitive Differentiation, Risk & Environment Risk on Supply Chain Risk Management of Cargo Companies in Berlin Germany
Keywords:
Supply Chain, Competitive Differentiation, Risk Exposure, Environmental risk.Abstract
Germany is the central hub of Europe and contains many cargo transportation companies, which send cargo to Schengen areas and other European countries. Risk management in the supply chain has remained historically an accomplished truth in specific to cargo transportation in Germany over two decades and so on. A greater approach, towards dealing with risk factors involved. Germany has been blessed with remarkable success in cargo transportation. This research study has tried to explore the success areas that make risk management in the supply chain while keeping the cargo transportation in Germany as the case study in front. Primary data sources via questionnaires were used for data collection. The survey questionnaire contained with five-point Likert-type scale which included questions to know the responses of the supply chain managers related to the services provided in Germany and to measure their satisfaction level. Competitive Differentiation significantly affects supply chain risk management (β=.119, P=0.000). Risk exposure significantly affects supply chain risk management (β= .850, P=0.000). Environmental risk does not significantly affect supply chain risk management (β= -0.005, P=0.704). Germany seemed to have an effective supply chain risk management system in place with special focuses on environmental, social, and legal compliance on products cycling in the market under the supervision of their senior management.
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