Research On The Influence Mechanism Of Supply Chain Partners’digitalization Degree On Enterprise Performance

In recent years,with the rise of new generation digital technologies such as Big Data,Artificial Intelligence,Blockchain,and Cloud Computing,digital transformation has become a new direction for the development of traditional enterprises.As an important strategic basis for core enterprises to realize digital transformation,the digitalization of supply chain partners has a significant impact on the operational performance of core enterprises.Therefore,the influence of digitalization of supply chain partners on business performance has become an important research issue of academic concern.In order to deeply explore the influence mechanism of supply chain partners’digitalization degree on enterprise performance,this paper takes Shanghai and Shenzhen Ashare listed companies as the research sample,measures the supply chain partners’digitalization degree through context analysis technology,and then uses the fixed effect regression model to analyze its impact on enterprise performance.The results show that there is a positive correlation between the supply chain partners’ digitalization degree and enterprise performance.However,the heterogeneity test results show that the customers’digitalization degree has a positive impact on enterprise financial performance and market performance,while the suppliers’ digitalization degree does not affect enterprise financial performance and market performance.Further research shows that supply chain concentration plays a partial intermediary role in the relationship between supply chain partner digitalization level and market performance;There is a "suppressing effects" in the relationship between the supply chain partners’ digitalization degree and financial performance.In addition,when the geographical distance between enterprises and supply chain partners is close,the impact of supply chain partners’ digitalization degree on enterprise performance will be enhanced.This study not only makes up for the deficiency of the existing research in the measurement of enterprise digitalization level and the influence of supply chain partners digitalization level on enterprise performance;At the same time,it is of great significance for enterprises to re-recognize the digital strategy,understand the supply chain partnership,reduce costs and improve efficiency.