Relationship of Supply Chain Management Practices and Corporate Performance of Oil Industry in Pakistan : The Mediating role of Competitive Advantage

Abstract

The objective of this study is to evaluate the impact of supply chain management practices on corporate performance of firms operating in oil industry of Pakistan during 2022-2023, with focus on risk management, innovation, energy efficiency, stakeholder participation, and competitive advantage including its mediating role. Through the distribution of online questionnaires, primary data were collected from a sample size of 400 individuals. The respondents were the employees of companies in the Oil Industry, using non-probability purposive sampling. Employing a quantitative approach with Structural Equation Modeling (SEM), the findings reveal that risk management, energy efficiency, innovations, and competitive advantage along with its mediating role significantly influence corporate performance. These outcomes offer insights into the complicated dynamics of these variables, enlightening their roles in shaping corporate performance within the studied framework.