<p><strong>Purpose - </strong>The goal of this research is to demonstrate that financial performance of current year is dependent to the amount of maturity of the supply chain processes. This aim is achieved through considering current supply chain process maturities of the firm together with financial performance of prior years. <strong></strong></p><p><strong> </strong></p><p><strong> </strong></p><p><strong>Research question - </strong>How supply chain process maturities in relation to financial performance of prior years are related to current financial performance  <strong></strong></p><p><strong> </strong></p><p><strong> </strong></p><p><strong>Methodology - </strong>The deductive approach has been followed to use theories and literatures to build the hypothetical model in order to test it empirically.<strong></strong></p><p>This quantitative research is benefited from the primary data of Swedish steel SMEs including the secondary data from financial ratios from Scandinavian financial database</p><p><strong> </strong></p><p><strong> </strong></p><p><strong>Findings - </strong>The effect between supply chain process maturity and current year financial performance, the effect between prior year financial performance and current year financial performance, and also total effect of prior year financial performance and supply chain process maturity on current year financial performance proved empirically. <strong></strong></p>

Purpose - The goal of this research is to demonstrate that financial performance of current year is dependent to the amount of maturity of the supply chain processes. This aim is achieved through considering current supply chain process maturities of the firm together with financial performance of prior years.     Research question - How supply chain process maturities in relation to financial performance of prior years are related to current financial performance       Methodology - The deductive approach has been followed to use theories and literatures to build the hypothetical model in order to test it empirically. This quantitative research is benefited from the primary data of Swedish steel SMEs including the secondary data from financial ratios from Scandinavian financial database     Findings - The effect between supply chain process maturity and current year financial performance, the effect between prior year financial performance and current year financial performance, and also total effect of prior year financial performance and supply chain process maturity on current year financial performance proved empirically.