Supply Chain Risk Management Practices: The Strategic Pathways to Enhanced Sustainability Performance of Ghanaian Firms

Godfrey  Adda; Mustapha Torobo Seidu; Michael Banseh Yipake; John Bosco  Azigwe; Mohammed Ibrahim

Godfrey Adda Bolgatanga Technical University
Mustapha Torobo Seidu Bolgatanga Technical University
Michael Banseh Yipake C.K. Tedam University of Technology and Applied Sciences
John Bosco Azigwe Bolgatanga Technical University
Mohammed Ibrahim Bolgatanga Technical University

Keywords: Supply chain, risk management, sustainability performance, Ghana, SMEs

Abstract

This study examines how supply chain risk management (SCRM) practices influence the sustainability performance (SUSP) of Ghanaian manufacturing SMEs. Focusing on five key dimensions—Risk Identification (RID), Risk Assessment (RA), Risk Mitigation (RM), Risk Continuous Improvement (RCI), and Risk Performance (RP) evaluation — the research uses a quantitative approach with data from 304 firms in Ghana’s Ashanti Region. Data were collected via structured questionnaires and analysed using Partial Least Squares Structural Equation Modeling (PLS- SEM) using SmartPLS software. The results show that all five SCRM dimensions have a significant and positive impact on sustainability outcomes, with Risk Performance having the greatest impact. The study concludes that SMEs adopting comprehensive and structured risk management practices are more likely to achieve environmental, social, and economic sustainability while strengthening their operational resilience. Therefore, SMEs should integrate comprehensive risk identification mechanisms, adopt structured risk assessment frameworks, institutionalise coordinated risk management systems, cultivate a continuous improvement culture, and develop performance indicators to monitor the effectiveness of risk management as strategic pathways to enhanced sustainability performance.