Journal of Supply Chain Management Systems

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Ranking of ISCM Benchmarking Factors using VIKOR Methodology


Affiliations
1 PhD Research Scholar, Department of Mechanical Engineering, J. C. Bose University of Science & Technology, YMCA, Faridabad, Haryana, India
2 Assistant Professor, Department of Mechanical Engineering, J. C. Bose University of Science & Technology, YMCA, Faridabad, Haryana, India
3 Assistant Professor, Department of Mechanical Engineering, J. C. Bose University of Science & Technology, YMCA, Faridabad, Haryana, India
     

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In a competitive environment, balancing of demand and supply is a typical challenge for an entrepreneur. The continuous internal supply chain benchmarking practice would be helpful in establishing a balance between demand and supply. In this research paper, authors have come across variable factors of internal supply chain management benchmarking through literature review. The identified factors are: Human Resources Orientation, Inbound logistics, Operational logistics, Outbound logistics, Economies of scale, Flexibility, Logistics strategies, New Product development system, Material follow up and Procurement, Production Operation Process, Production Programming, Quality System, Products delivery, Foreign trade and service management and Transport-Reception-Custom decision. The opinions of industrial experts are collected through 15 questionnaire surveys with rating point scales from 1 to 5. VIKOR methodology is used to distinguish factors’ performance gap and stimulate the scope of improvement. The main objective of authors is to establish factors’ ranking using VIKOR methodology, including the calculated weight of factors through the analytical hierarchy process technique.

Keywords

Internal Supply Chain Management (ISCM), VIKOR Methodology, Factors Ranking, Analytical Hierarchy Process (AHP) Technique.
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  • Ranking of ISCM Benchmarking Factors using VIKOR Methodology

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Authors

Kailash
PhD Research Scholar, Department of Mechanical Engineering, J. C. Bose University of Science & Technology, YMCA, Faridabad, Haryana, India
Rajeev Kumar Saha
Assistant Professor, Department of Mechanical Engineering, J. C. Bose University of Science & Technology, YMCA, Faridabad, Haryana, India
Sanjeev Goyal
Assistant Professor, Department of Mechanical Engineering, J. C. Bose University of Science & Technology, YMCA, Faridabad, Haryana, India

Abstract


In a competitive environment, balancing of demand and supply is a typical challenge for an entrepreneur. The continuous internal supply chain benchmarking practice would be helpful in establishing a balance between demand and supply. In this research paper, authors have come across variable factors of internal supply chain management benchmarking through literature review. The identified factors are: Human Resources Orientation, Inbound logistics, Operational logistics, Outbound logistics, Economies of scale, Flexibility, Logistics strategies, New Product development system, Material follow up and Procurement, Production Operation Process, Production Programming, Quality System, Products delivery, Foreign trade and service management and Transport-Reception-Custom decision. The opinions of industrial experts are collected through 15 questionnaire surveys with rating point scales from 1 to 5. VIKOR methodology is used to distinguish factors’ performance gap and stimulate the scope of improvement. The main objective of authors is to establish factors’ ranking using VIKOR methodology, including the calculated weight of factors through the analytical hierarchy process technique.

Keywords


Internal Supply Chain Management (ISCM), VIKOR Methodology, Factors Ranking, Analytical Hierarchy Process (AHP) Technique.

References