Supply Chain Costs in the Entertainment Industry Post COVID-19: Developing the Supply Chain Cost Ratio

Abstract

Industries around the globe experienced supply chain disruption due to the COVID-19 global pandemic.  It has been acknowledged by researchers and industry that there is a need to gain a better understanding of costs within the supply chain.  However, the area of supply chain management remains diverse and fragmented. This research endeavors to evaluate the supply chain costs within the entertainment industry during the period spanning from 2000 to 2020 and to develop a new model (the Supply Chain Cost Ratio) that measures supply chain costs using financial ratios.  Data for this investigation were obtained from publicly available information on the entertainment industry. The results of the multiple regression performed indicated that the Supply Chain Cost Ratio holds predictive value of an organization’s supply chain costs p<.0005.  From the study it was found that the Supply Chain Cost Ratio can be used as an indicator of supply chain costs in the entertainment industry.

Keywords: Supply Chain Management, COVID-19, Entertainment Industry, Supply Chain Cost Ratio

DOI: 10.7176/RJFA/15-6-04

Publication date: June 30th 2024