1. Introduction
In recent years, the sudden outbreak of the COVID-19 pandemic has posed significant risks and challenges to businesses worldwide. The pandemic has disrupted global supply chains, putting a strain on production lines and international logistics. Unlike everyday risks, supply-chain disruptions are difficult to predict but can potentially cause significant losses to businesses and entire supply-chain networks [
1,
2,
3,
4]. Supply-chain interruptions have become one of the critical factors affecting enterprises’ sustainable development and competitiveness. Therefore, the supply-chain system needs a high degree of flexibility to cope with unforeseen events. This flexibility is called supply-chain resilience, which enables the supply-chain to maintain relative stability and reduce losses in complex and volatile environments. How to facilitate the rapid recovery of a company’s supply-chain has become a focal point of scholarly attention [
5,
6,
7].
Reflecting on the previous literature, scholars have made significant progress in the area of supply-chain management. However, much of the research has emphasized the risk perspective, suggesting that improving the ability to manage risks is crucial for competitive advantage. Some scholars have pointed out the correlation between supply-chain risks and system resilience [
8]. Additionally, some scholars have delved into the definition of supply-chain resilience [
9]. They assert that it encompasses both the capability to overcome vulnerabilities within the supply-chain and the ability to mitigate supply-chain risks [
10,
11,
12,
13,
14]. In exploring the relationship between supply-chain risks and supply-chain resilience, Stewart et al., (1997) have put forth, through an extensive literature research, that reducing supply-chain risks can bolster supply-chain resilience [
15]. However, with the deepening of industrial specialization and the diversification of customer demands, the scope and complexity of supply chains have significantly expanded compared to in the past. Some scholars argue that supply-chain resilience is a particularly intricate subject that demands a holistic perspective (Arsovski, Arsovski, Stefanović, Tadić, and Aleksić, 2017) [
16]. Against this backdrop, a narrow focus on studying supply-chain risks alone is insufficient. It is necessary to expand the research by considering factors that influence the resilience and performance of corporate supply chains, specifically in the domains of environmental, social, and corporate governance (ESG) performance, as well as the Technology–Organization–Environment (TOE) theory. By building upon existing research, an exploration of these factors can provide a comprehensive understanding of supply-chain resilience.
The concept of ESG first emerged in 2006, attracting immediate attention in academia, government, and the business community (Atkins, 2020) [
17]. Several scholars have validated the crucial role of ESG in supply-chain management. For instance, the performance of ESG interacts with supply-chain operation management (Dai and Tang, 2022) [
18]. Strengthening corporate governance can enhance supply-chain productivity (Ziolo et al., 2019) [
19]. Increasing the awareness of environmental performance proves beneficial for companies to actively engage in sustainable development initiatives (Sardanelle et al., 2022) [
20]. However, most of the literature focuses on examining ESG performance as a measure of supply-chain sustainability (Rajesh, 2020) [
21]. Li et al., (2021) employed CiteSpace analysis to explore the frequency of occurrence of ESG-related keywords in green supply-chain performance research, revealing a limited amount of relevant studies on ESG [
22]. Hence, this study aims to investigate the relationship between the green supply-chain performance and ESG, filling the research gap. Among these factors, the term “environment” refers to the efforts made by a company to improve its environmental performance and reduce the negative impact of its products and operations on the environment. Green-product innovation can promote environmental protection and sustainable development, corresponding to the environmental aspect of ESG performance. Social aspects mainly refer to the specific behavioral manifestations of a company’s balance and coordination with stakeholders during the process of economic development. Supply-chain collaboration involves the relationships and interactions between a company and its suppliers and partners, requiring coordination and cooperation in various aspects to generate social benefits, corresponding to social performance. Governance reflects the independence, experience, and diversification of a company’s management. Supply-chain risks and supply-chain management capabilities are related to a company’s governance mechanism and risk-management ability, corresponding to the corporate governance aspect of ESG performance.
Companies seek ways to enhance supply-chain resilience and performance in three aspects: environment, social, and corporate governance. At the same time, scholars have differing views on whether new technologies, such as artificial intelligence, can promote improvements in supply-chain performance. Some scholars argue that new technologies can enhance production efficiency and product quality, assisting companies in making accurate predictions (Soni et al., 2020) [
23] and better understanding and addressing risks and uncertainties in the supply chain. They can also help companies achieve and maintain various competitive advantages (Albert-Morant et al., 2016) [
24], resulting in cost benefits but also profitability (Chan et al., 2016) [
25]. However, some scholars believe that technologies like artificial intelligence have inherent risks and vulnerabilities, and many individuals cannot fully trust the recommendations provided by these technologies [
26]. In conclusion, different scholars hold different opinions regarding new technology adoption.
In light of this aforementioned context, this study constructs a model of the relationships between various factors that influence supply-chain resilience and performance. It explores factors that affect supply-chain resilience and performance from the perspectives of society, environment, and governance. It investigates the positive mediating role of willingness to adopt new technologies. The aim is to expand the research field of ESG about green supply-chains, enrich the relevant theories, and provide guidance for enhancing green supply-chain performance in the context of environmental uncertainty.
The structure of this paper is as follows:
Section 2 presents the research status of supply-chain collaboration, supply-chain management capabilities, green-product innovation, supply-chain risks, the willingness to adopt new technologies, supply-chain resilience, and supply-chain performance. It also derives assumptions regarding their interrelationships and proposes the research hypotheses and the model of this paper.
Section 3 and
Section 4 outline the research design, where questionnaires were distributed to company managers, and the collected data were analyzed and summarized. Finally,
Section 5 provides a detailed discussion of the research findings, highlights the limitations of this paper, and suggests future directions for further exploration.
3. Methodology
3.1. Sampling and Data Collection
In the theoretical framework proposed in this study, the concepts used are not directly observable or measurable. Furthermore, there are complex causal and interaction relationships in supply-chain research. Therefore, this paper chooses Structural Equation Modeling (SEM) as the analytical tool. SEM can be used to construct complex relationships between multiple latent variables. It allows observed variables and measurement errors in the model. Through SEM, it is possible to analyze the causal relationships among various elements in the supply chain and explore their impact on overall performance.
In order to ensure the reliability and validity of the measurement instrument employed, this study drew upon a wide range of measurement tools utilized by scholars both domestically and internationally to construct the initial measurement instrument for this paper. However, due to the cultural differences between China and Western countries, it was necessary to revise the measurement instrument to align with Chinese language conventions and cultural background. Further semantic revisions were made by engaging with multiple respondents to ensure accuracy. Finally, a small-scale survey was conducted. Through the aforementioned steps and the analysis of the small sample data, the final survey questionnaire was determined.
This study targeted middle and senior managers (responsible for the operation of various departments in the industry) of enterprises as the survey subjects. The questionnaire was distributed through scientific research institutions, MBA learning platforms of universities, and email. After eliminating unqualified questionnaires with too many missing responses, a total of 349 valid questionnaires were collected, with an effective response rate of 69.5%. Among them, 61.3% of the survey respondents were male and 38.7% were female. In terms of industry distribution, 5.1% were in the information and communication industry, 21.1% were in the service industry, 10.0% were in the manufacturing industry, 47.4% were in the trade and distribution industry, and 16.5% were in the logistics and transportation industry.
3.2. Measurement of Variables
The present study utilized a Likert 5-point scale to measure responses to the survey items, where 1 represents “completely disagree” and 5 represents “completely agree”.
5. Discussion and Conclusions
During the unstable period of the post-pandemic environment, the supply-chain performance of many enterprises has declined, resulting in stagnation in development. To overcome economic challenges and enhance supply-chain performance, the adoption of green innovation technologies and the improvement in corporate ESG performance have become crucial pathways for business growth. This article systematically reviewed the relevant studies on supply chains and, starting from ESG performance, categorized the factors influencing the supply-chain system into three aspects: environmental, social, and governance, thereby expanding the application scope of ESG. Through empirical analysis of enterprises, this study examined the reasons for adopting new technologies from four perspectives: supply-chain collaboration, supply-chain management capabilities, supply-chain risks, and green-product innovation. Furthermore, it confirms the positive impact of the willingness to adopt new technologies on the supply-chain resilience and performance of enterprises, providing new insights for green supply-chain research.
5.1. Conclusions
Supply-chain collaboration, supply-chain management capabilities, supply-chain risks, and green-product innovation all have positive impacts on the adoption intention of new technologies, with supply-chain risks exerting the most significant influence (β = 0.398). Specifically, supply-chain collaboration provides opportunities for information sharing, resource sharing, and collaborative innovation, thereby enhancing the acceptance and adoption intention of new technologies by enterprises. Simultaneously, outstanding supply-chain management capabilities improve the transparency, efficiency, and collaborative abilities of the supply-chain, enabling enterprises to better understand and apply new technologies. Furthermore, supply-chain risks directly threaten the survival and development of businesses, compelling them to actively adopt new technologies to mitigate risks and enhance the resilience of their supply chain. Green-product innovation inspires the demand and interest of enterprises in new technologies, thus driving their adoption. Despite all these factors having positive influences on the adoption intention of new technologies, the impact of supply-chain risks is particularly notable, possibly due to their direct threats to the survival and development of enterprises, prompting them to actively adopt new technologies to reduce risks and enhance the flexibility of the supply chain. These research findings provide important insights for businesses, emphasizing the significance of prioritizing supply-chain collaboration, enhancing supply-chain management capabilities, mitigating supply-chain risks, and strengthening green-product innovation to promote the adoption of new technologies, achieve sustained innovation, and gain competitive advantages.
The willingness to adopt new technologies has a significant positive impact on the resilience and performance of the supply-chain, with the most pronounced effect on supply-chain performance (β = 0.787). The willingness to adopt new technologies can drive the flexibility of the supply-chain, enabling businesses to be more adaptable and agile in response to market changes and demand fluctuations. Through the application of digital, intelligent, and automated technologies, companies can achieve rapid resource allocation and adjustments in supply-chain processes to meet customer demands. Simultaneously, the willingness to adopt new technologies can significantly enhance the performance level of the supply chain. By optimizing production processes, and conducting real-time data analysis and forecasting, companies can achieve efficient demand prediction and inventory management, thereby reducing resource waste and time delays while improving on-time delivery rates and customer satisfaction. Therefore, companies should actively promote the introduction and application of new technologies to enhance the resilience and performance level of the supply-chain, thus achieving competitive advantages and sustainable development. This holds significant strategic significance for businesses.
Supply-chain resilience has a significant positive impact on enhancing supply-chain performance (β = 0.179). A resilient supply-chain enables enterprises to better cope with market changes, demand fluctuations, and uncertainties. Through flexible resource allocation and rapid adjustments in supply-chain processes, enterprises can reduce production and delivery lead times, decrease inventory costs, and enhance customer satisfaction. A resilient supply-chain is better equipped to handle risks and disruptions within the supply-chain, ensuring business continuity and possessing higher adaptability and risk-mitigation capabilities. Therefore, supply-chain resilience plays a crucial role in improving supply-chain performance.
The adoption intention of new technologies plays a positive mediating role in enhancing supply-chain performance. Supply-chain collaboration, supply-chain management capability, supply-chain risk, and green-product innovation have a positive impact on supply-chain resilience through the adoption intention of new technologies (β values of 0.077, 0.191, 0.269, and 0.215, respectively). Additionally, supply-chain collaboration, supply-chain management capability, supply-chain risk, and green-product innovation positively contribute to the improvement in supply-chain performance through the adoption intention of new technologies (β values of 0.104, 0.257, 0.362, and 0.288, respectively). Notably, the adoption intention of new technologies plays a crucial mediating role between supply-chain risk and supply-chain performance, with the highest proportion of the total effect. By introducing advanced technological tools and systems, enterprises can better monitor and manage various risks in the supply chain, such as supply disruptions, quality issues, and logistical delays. The application of new technologies provides more accurate and real-time data, enabling companies to identify and assess potential risks more precisely and take appropriate preventive measures. Therefore, the adoption of new technologies has a direct and significant impact on reducing supply-chain risks.
5.2. Implications
Based on this, the specific implications for businesses are as follows:
Prioritizing Supply-chain risk management: For businesses, it is essential to emphasize supply-chain risk management. As the risks associated with the supply chain increase, there is a greater need to adopt new technologies to address these challenges. By implementing new technologies to establish risk monitoring systems, companies can more swiftly detect and respond to potential supply-chain risks, enhancing the resilience and response capabilities of their supply chains. Furthermore, new technologies can assist companies in effectively managing risks associated with suppliers and supply-chain partners, ensuring the stability and reliability of the supply chain. In the face of ever-changing markets and competitive environments, as well as supply-chain risks, the adoption of new technologies proves to be an effective approach to improving the flexibility and responsiveness of businesses’ supply chains.
Enhancing supply-chain collaboration and management capabilities: Companies should actively promote collaboration and communication among various stakeholders in the supply chain, fostering stable cooperative relationships to jointly drive the application and development of new technologies. Simultaneously, optimizing supply-chain management capabilities to improve transparency and efficiency while reducing costs enables companies to generate additional funding and resources, providing necessary support for the development of new technologies. Furthermore, through the adoption of new technologies, businesses can facilitate internal digitalization and information transformation, further strengthening communication and collaboration with suppliers, customers, and other partners, optimizing supply-chain layout and resource allocation.
Promoting green-product innovation and establishing a green supply-chain system: Green-product innovation helps businesses enhance product value and brand image, creating more profits and commercial value. It stimulates companies’ demand and interest in new technologies, encouraging the increased investment in technological innovation and further driving their willingness to adopt new technologies, leading to a virtuous cycle of sustainable development. Therefore, companies should increase their investment and research, and development in green-product innovation to meet the growing environmental requirements and consumer demands. Simultaneously, they should also strengthen the study and application of new technologies to achieve more environmentally friendly and sustainable production methods, thereby further improving their competitiveness and market share.
In summary, businesses should comprehensively consider factors such as supply-chain collaboration, supply-chain management capabilities, supply-chain risks, and green-product innovation. The willingness to adopt new technologies serves as a key mediating variable in enhancing the resilience and performance of the supply chain. These measures contribute to improving competitiveness, adapting to market changes, and achieving sustainable development and long-term growth.
5.3. Research Limitations and Future Research
While providing new insights for practical application in enterprises, this article also has some limitations. Firstly, due to constraints in terms of time, energy, and resources, this study focuses solely on companies within the Chinese region and represents only a limited number of industries. To enhance the generalizability of the research, future studies can include classification research on enterprises in other regions, such as comparative analyses between developing and developed countries, or comparative studies on companies at different stages of development within the same country. Furthermore, the research perspective in this article is not comprehensive enough as it solely focused on the internal factors influencing supply-chain performance in enterprises, while neglecting certain external factors such as politics and culture. Therefore, future studies should comprehensively consider the factors influencing supply-chain performance from multiple perspectives.