We are happy that this journal continues to emerge as a premier
national and international researchers to publish their works on
Management (SCM) and its allied areas.
This issue brings forth several interesting developments in the area of
the supply chain. The five papers published together offer theoretical and
practical insights which hold immense value to the practice and research of SCM. A
brief overview of the papers is briefly discussed here.
The authors, Jean Anne Stewart, Marc Day, Carole Print and Giampiero
Favato, in their paper titled "Compliance in the Supply Chain: Implications of
Sarbanes-Oxley for UK Businesses" have not only estimated the current number of UK
companies that have to be Sarbanes-Oxley compliant, but also how that number will grow
over the coming decades, particularly given the impact of the supply chain.
Eight telephonic interviews were conducted to better understand the impact of
Sarbanes-Oxley on processes, systems and business structures of UK companies. Data
was obtained from five UK-based companies and three subsidiaries of
American multinational corporations. The following industries were
representedIT, Telecoms, Healthcare Insurance, Pharmaceuticals, Communications, and FMCG.
The authors opine that companies adopting Sarbanes-Oxley may pay a price now, but
will exploit an enviable competitive position in the future; making them
preferred partners of large corporations, which must comply with Sarbanes-Oxley.
The author Srikanta Routroy, in his paper titled "Antecedents and
Drivers for Green Supply Chain Management Implementation in Manufacturing
Environment" attempts to propose the antecedents and drivers of Green Supply
Chain Management (GSCM) in a manufacturing environment. While the antecedents of
GSCM implementation are proposed as top management support and
government's initiatives, the drivers of GSCM implementation are proposed as green
sourcing, Green Design (GD), green manufacturing and re-manufacturing, green
packaging, Reverse Logistics (RL), Environmental Management System (EMS), green
innovation and customer awareness. These proposed antecedents and drivers for
GSCM implementation in the manufacturing environment are highly conceptual
in nature, which may be validated empirically by conducting a survey among
various manufacturing supply chains for acceptability.
In the paper, "Modeling Inventory Management Improvement: Criticalities
and Recommendations" the authors, Mohit Kumar and Shirshendu Ganguli, use the case
study based approach by collecting data related to inventory management in a reputed
American manufacturing company. A model of efficient inventory management is put forward.
The authors opine that by improving the inventory management, a company
can determine the most efficient and cost effective ways to deliver faster, cleaner and
higher quality products to its customers. Accuracy and completeness are important in
inventory management to allow an organization to make informed investment decisions.
The next paper titled "Aligning Interests of SMEs and a Focal Firm (MNE)
in a Global Supply Chain Setup" by K K Morya and Harsh Dwivedi tries to
explore the objectives, activities and structures of Small and Medium Enterprises
(SMEs) that are possible sources of misalignment of interests of these firms with
the Multinational Enterprises (MNEs).
For this, orientation of firms is conceptualized, on which strategic, structural,
cultural, resource and system issues are targeted. The authors opine that a close coordination
based on trust is essential between the parties to bring in efficiency and effectiveness in
the supply chain, thereby creating value for both. To achieve this aim, an alignment of
the interests of SMEs and MNEs is crucial. To do so, it has been proposed that the
orientation of firms is mainly responsible for the divergent objectives of the firms.
This orientation comprises strategic, structural, cultural, resource and system
issues. Understanding the gap caused due to these issues is dependent on SMEs and MNEs. If
the managers of both the firms show willingness to work for reducing the gap, it can
create value for both the firms.
The paper "RFID Adoption by Indian Retailers: An Exploratory Study" by
Chandan A Chavadi and Shilpa S Kokatnur aims to understand the impact of RFID technology
on organized retailers supply chain, with special reference to the benefits and challenges.
The research study conducted was empirical in nature, involving personal interviews
with organized retailers. An analysis of the impact of RFID technology on supply chain
strategy examines the benefits and challenges faced by the retailers. The results indicate that
the application of RFID technology enables majority of retailers to have better
inventory management, control over labor costs, track high value items, reduce shrinkage,
enable accurate recalls and improved customer service.
We hope that the readers will gain several new insights and directions for
further research in the stimulating and exciting area of supply chain.
-- Sunil Bhardwaj