International Journal of Education and Management Studies

Ravinder Kumar ¹

Affiliations
1 Department of Mechanical & Automation Engg., Amity University, Noida, Uttar Pradesh, IN

Abstract

In supply chain sharing of information with its members is very important. Correct and timely sharing of information leads to overall performance improvement. To achieve competitive advantage Indian manufacturing organizations should strategically implement information sharing practices in their supply chains. In this paper, author has used a survey-based approach to study information sharing practices for SCM and their effects on performance in Indian manufacturing organization. The results revealed that information sharing with suppliers and customers on issues like inventory status, order tracking, product development, sale forecasting have significant impact on performance of Indian organizations.

Keywords

Information Sharing, SCM, Suppliers, Customers, Performance.

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Ravinder Kumar ¹

Affiliations
1 Department of Mechanical & Automation Engg., Amity University, Noida, Uttar Pradesh, IN

Abstract

The purpose of this paper is to study the problems faced by Indian small and medium enterprises (SMEs) while forming coordination strategies for effective supply chain management. In modern time Indian SMEs are facing open global competition which give them ample opportunities and simultaneously lot of problems. To stay competitive in this scenario, Indian SMEs have to break isolation and improve coordination in supply chain. For collecting data from Indian SMEs of different sectors, a questionnaire-based survey was conducted. In total, 159 valid responses were received. Statistical analysis of data acquired from survey is done by one sample t-test and correlation analysis. Top five problems faced by Indian SME's of auto components sector are uncertainty of customer orders/demand, over dependence on bigger supply chain partner(s), insufficient knowledge of SCM, nonavailability of right information at right time and lack of committed resources. Problems have significant negative correlation with coordination strategies of all sectors of SMEs. Major implication of finding of study are that if Indian SMEs of different sectors works strategically on problems of SCM implementation then supply chain (SC) coordination will improve. This study can be further explored by considering other aspects of strategy development such as new product development, human resource, global organizational culture; etc. Outcome of present study will be useful for SMEs of different sectors in identifying problems and framing their strategies for improving coordination in supply chain, and academia for further research in the context of changing market scenario.

Keywords

Problems, Coordination Strategy, Small and Medium-Sized Enterprises, Multi-Sector.

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