Circular Economy Capability and Supply Chain Sustainability: The Mediating effect of Green Orientation and the Moderating role of Technology Orientation
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Date
2023
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Abstract
The main goal of the study is to examine how well the circular economy works and how sustainable the supply chain is: the role of green orientation as a mediator and the role of technology orientation as a moderator. This study was conducted using a quantitative research approach. A sample size of 180 senior managers was determined from the manufacturing firms selected in Ghana using a purposive sampling technique. A structured questionnaire guide is used as the primary data collection tool. The Statistical Package for Social Sciences (SPSS) and Smart PL-SEM were used to analyze the data. Descriptive and inferential research methodologies were used to analyze the data. The result shows that circular economy capability significantly predicts economic, environmental, and social sustainability positively. "Green" orientation significantly relates economic, environmental, and social sustainability. The mediating role of green orientation shows a significant impact on economic, environmental, and social sustainability. The result further showed that technology orientation does moderate the influence of circular economy capability on supply chain sustainability (economic, environmental, and social). The study, therefore, highlighted some managerial contributions based on the findings. The model of the study gives a clearer understanding of the core factors that relates supply chain sustainability in the context of multinational firms in Ghana. The outcome of the study also provided insight for practice by identifying individual factors that contribute to social, economic, and environmental sustainability in the supply chain. These factors can be used by multinational firms to develop strategies to deal with challenges regarding specific sustainability issues in the supply chain in Ghana. It is important to understand that, holistically, CEC, GO, and TO have a role to play in ensuring supply chain sustainability. So, it's important for the people who matter to come up with policies and good plans to help CEC, GO, and TO in Ghana deal with the problems they face.
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I dedicate this study to my beautiful wife Aisha Majabau, Director and Deputy Director of my department, Procurement and Supply Chain Management of Ministry of Health, Accra, Ghana. This successful completion has been possible due to their understanding, patience and encouragement that kept me sustained throughout the challenging journey.