The Impact of Supply Chain Management of Corporate Financial Performance from A Green Perspective: Basis for Sustainable Business Practices Framework

Abstract

This research examined the effect of GSCM practices on corporate financial performance, with dimensions including cost efficiency, revenue growth, profitability, customer loyalty, and competitive advantage, as well as proposed a Sustainable Business Practices Framework. A quantitative research design was used which entailed structuring a survey of 382 corporate professionals purposively selected from the technology, pharmaceutical, and retail sectors in Beijing based on their involvement with the supply chain, finance, or sustainability. The analysis of data was conducted through descriptive statistics, ANOVA, and regression to probe the relationship of GSCM practices and the major importance with which businesses are regarded. The results reveal that cost efficiency is enhanced through energy optimization, waste reduction, and compliance brought about by GSCM, while revenue is enhanced through the use of brand reputation, customer loyalty, and market reach. Profitability improved with operational savings and risk mitigation, and customer trust was further built with competitive differentiation through GSCM efforts. Empirical proof is presented on the strategic merits for which GSCM can be put to use, along with a Sustainable Business Practices Framework-much more practical guidance to integrate sustainability in business corporate strategies for long-term financial viability and resilience.