Supply Chain Management Concerns in Manufacturing Industries
Article Details
Pub. Date
:
Dec, 2013
Product Name
:
The IUP Journal of Supply Chain Management
Product Type
:
Article
Product Code
:
IJSCM31312
Author Name
:
C Ganesh Kumar and T Nambirajan
Availability
:
YES
Subject/Domain
:
Strategic
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:
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No. of Pages
:
14
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Abstract
The developments in Information and Communication Technology (ICT) and fierce global competition have persuaded all kinds of manufacturers to integrate supply chain management practices to achieve superior organizational performance. However, most of the supply chain management planning and strategies could not achieve the desired outcomes due to the lack of knowledge of the existing level of supply chain concerns prevailing in their organizations. With the help of a survey conducted among the executives of manufacturing industries in the Union Territory of Puducherry, this paper examines the current supply chain concerns in manufacturing industries using principal component analysis, K-mean cluster and discriminant analysis. Supply chain concerns have been categorized into supply chain coherence, geographical proximity and competitionoriented concerns, and manufacturing units have been segmented into low, medium and high supply chain concern industries.
Description
The concept of survival by isolation no longer works between suppliers and the other
entities of the supply chain (Stock and Boyer, 2009). Hence organizations nowadays tend
to move away from the isolation paradigm and look at developing partnerships and
effective information sharing between the various trade partners, thereby making their
process become interconnected and overcoming the traditional limitations set by the
firm (Cousins et al., 2006). Various viewpoints and definitions have been provided about
Supply Chain Management (SCM). For example, “SCM is defined as a set of approaches
utilized to efficiently integrate suppliers, manufacturers, warehouses and stores, so that
merchandise is produced and distributed at the right quantities to the right locations
and at the right time in order to minimize system wide costs while satisfying service
level requirements” (Simichi-Levi et al., 2008). Based on the empirical analysis of the
data collected from the executives of manufacturing industries, this paper examines the
supply chain concerns of manufacturing industries. The statistical results are reported
in the following sections.
Keywords
Supply Chain Management Journal, Supply Chain Management, Manufacturing Industries, Information and Communication Technology (ICT), Principal Component Analysis, K-mean Cluster and Discriminant Analysis, Supply Chain Management (SCM), suppliers, manufacturers, warehouses and stores.