Supply management integration model for Indian manufacturing industries

Pradhan, Sujit Kumar; Routroy, Srikanta

doi:10.1108/ijopm-02-2015-0088

Cited by 12 publications

(9 citation statements)

References 92 publications

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“…Using content analysis to execute a systematic literature review of 103 articles published in ten leading logistics, SCM, and operations management journals, Kache and Seuring (2014) examine the links among collaboration, integration, risk, and performance in SCs and conclude that collaboration and integration are as central to SCM as risk and performance management. More recently, Pradhan and Routroy (2016) use SEM to examine the relationship between supply risk and supply management. Based on a sample of 239 SC managers, they conclude that supply risk management has a direct positive effect and an indirect positive effect (mediated by contract management) on supply management performance.…”

Section: Research Backgroundmentioning

confidence: 99%

Supply chain risk’s impact on corporate financial performance

Chen

2018

IJOPM

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Purpose Researchers have long sought to understand how risks in supply chains (SCs) affect firm performance. Yet, they have not fully subjected claims of how SC risks affect firm financial performance to theoretical and empirical scrutiny. The purpose of this paper is to investigate the links between SC risks and firm financial performance. Design/methodology/approach The author analyzes how SC risks affect firm financial performance from the perspective of marginal financial performance (MFP) using survey and financial statement data. The author employs structural equation modeling to examine the hypotheses using 106 Taiwanese listed companies across 20 industries. Findings The findings regarding the importance of industry-specific risk, organizational risk, internal business process risk, and demand risk are consistent with prior studies. The author finds that demand risk has an MFP of −0.20, the highest negative effect among the risk variables. The findings also show that industry-specific risk possesses an MFP of −0.16, the second-highest negative effect, despite having no direct effect on financial performance. Research limitations/implications This paper examines how SC risks affect MFP via combining survey and financial statement data. It does not assume the reported MFP estimates apply to all businesses in other countries. However, future research could triangulate our findings. Originality/value This study combines survey and financial data to analyze how SC risks affect firm financial performance. Specifically, it provides a methodology for estimating quantitative cause-effect relationships between SC risk and firm financial performance, an important topic that receives less research interest in the field of supply chain management.

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Section: Research Backgroundmentioning

confidence: 99%

Supply chain risk’s impact on corporate financial performance

Chen

2018

IJOPM

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“…Medlin et al (2016)have observed that cultural changes in organization and management policies, can help in improving job gratification. Pradhan and Routroy (2016) stated that multiple sourcing options, abridge management, and risk directions are SCM drivers. Lamba and Singh (2017) observed that operations and SCM encompasses a vast domain and generate huge information in real time.…”

Section: Motivation For Effective Scm In Smesmentioning

confidence: 99%

Strategic issues in supply chain management of Indian SMEs due to globalization: an empirical study

Singh

Kumar

2020

BIJ

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PurposeIn globalized market, organizations of all sizes are having huge opportunities for growth. However, due to various resource constraints, it has become challenging for small and medium enterprises (SMEs) of growing economies to survive in this global competition. Effective supply chain management (SCM) can be a major driving factor for success of Indian SMEs in dynamic world economy. SMEs face many operational challenges while implementing effective SCM. The purpose of this paper is to study different strategic issues for successful implementation of SCM in Indian SMEs.Design/methodology/approachA survey has been conducted in Indian SMEs of different sectors. Major constructs of survey instrument are motivations, hindrances, investment priorities, supply chain practices and performance. In total, 1,500 Indian SMEs have been approached for collecting response through survey instrument. 257 complete responses were finalized. Statistical analysis of data acquired from survey is performed by using SPSS software.FindingsIt is observed that managing customers, organization resources, and inventory are main SCM practices. Major investment areas are systems for developing quick response and quality management. Currently, human resource and knowledge management have been found to be less priority areas for SMEs. The major focus of Indian SMEs is on cost and lead time reduction by having effective SCM.Originality/valueNovelty of this study is that strategic issues for effective SCM in context to Indian SMEs have been analyzed. The findings of the study will help Indian SMEs in doing strategic planning for being competitive in the global market.

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“…Thus, it is indispensable for buyers to make sound contract design, which must have essential parameters such as quantity, price, responsiveness, quality and so on. Better controlling and distinct conflict resolution mechanism is also required for initiating the liaison with suppliers, as these are the major pillars for managing contract (Pradhan and Routroy, 2016). Between a buyer and a supplier, the contract needs to be done to form the basis for relationship management and well-defined communication (Dubey et al , 2018).…”

Section: Theoretical Background and Hypotheses Developmentmentioning

confidence: 99%

“…For example, Thailand flood occurred in 2011, an intensive earthquake and Tsunami also occurred in 2011 and a highly renowned fire accident disruption happened with Ericsson (Chopra and Sodhi, 2014). All these events come as an alarming situation for manufacturing organizations who have globally expanded their business and seek for survival in unpredictable environment moved toward outsourcing trend, and on the other grey side, dependency of manufacturing industries was also increased on their supplier's knowledge and skills (De Boer et al , 2001; Westphal and Sohal, 2013; Pradhan and Routroy, 2016; Ebert, 2017). It has been observed that the trend of outsourcing noncore activities and bundling out is increasing and organizations are eager to shaping toward lean production system.…”

Section: Introductionmentioning

confidence: 99%

Understanding the impact of supply-side decisions and practices on supply risk management

Huma

Ahmed

Najmi

2020

BIJ

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PurposeIn the era of market turbulence, sourcing specialists consistently face challenges to keep the availability of the material efficiently and effectively without any disruption. Sourcing strategies and planning have a huge impact on procurement performance. The purpose of this paper is to examine the relationships among different sourcing strategies and supply risk management and performance and additionally, the role of procurement practices in different strategic settings.Design/methodology/approachThis is empirical research that collected data gathered from 223 procurement specialists working in various manufacturing firms through a structured questionnaire. Valid data is then analyzed through the structure equation modeling technique for hypotheses testing.FindingsThe findings of this study reveal that supplier development is a partial complementary mediator between multiple supplier strategy and supply-side risk management. While in a volatile business environment, strategic supplier strategy has a significant negative impact on supply-side risk management, and in this case supplier development acts as a competing partial mediator between the two. Contract management has resulted in an important mechanism to be deployed in a strategic sourcing strategy. It is also shown that supplier risk management is also associated with improved supply management performance.Practical implicationsThis paper establishes an explanation of theoretical and practical understanding of sourcing strategies and empirically shows that supplier development is the appropriate mechanism to deal with supply-side risk management, which in turn positively impacts on supplier management performance.Originality/valueThis study contributes to supply chain risk management literature, especially in the context of strategic risk management and explains how a strategic decision can impact supply risk management. This provides a piece of empirical evidence regarding the use of well-established procurement practices to improve supply performance.

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Supply management integration model for Indian manufacturing industries

Cited by 12 publications

References 92 publications

Supply chain risk’s impact on corporate financial performance

Supply chain risk’s impact on corporate financial performance

Strategic issues in supply chain management of Indian SMEs due to globalization: an empirical study

Understanding the impact of supply-side decisions and practices on supply risk management

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