Vol: 14, Issue: 2 2024

Page: 61-65

Investigating the Factors Affecting Supply Chain Efficiency in India's Manufacturing Sector

Dr. K. Amareswara Rao, Dr. J. Ratnaprabhakar

Received Date: 2024-04-15

Accepted Date: 2024-06-08

Published Date: 2024-06-19

http://doi.org/10.37648/ijtbm.v14i02.007

The manufacturing sector in India is striving to improve supply chain efficiency by streamlining processes such as procurement, production, logistics, and inventory management in order to reduce costs, waste, and speed, employing strategies such as digitalization, artificial intelligence, just-in-time manufacturing, and collaboration to increase competitiveness and satisfy rising domestic and international demand. Despite the fact that challenges in infrastructure and disruptions continue to exist, there is a growing trend toward the development of resilient and agile networks. The purpose of this study is to suggest a number of factors that influence the supply chain performance of manufacturing companies in India. A thorough assessment of empirical research publications on supply chain management (SCM) and performance measurement methodologies served as the basis for the summary of the factors. This study is a component of a broader investigation on activities relating to SC. To find research gaps in the context of supply chain performance evaluation and to suggest future research topics, a critical analysis is conducted. Additionally, a conceptual model is suggested. A critical analysis of a few chosen publications gave rise to the hypothesis that some factors may have a major impact on SC performance. It is evident how several metrics, extracted from the literature research, impact SC's performance and, ultimately, its ability to compete. In the context of Indian manufacturing companies, single research examines a number of elements, including supplier-buyer relationships, the external supply chain, environmental thoughts, human metrics, information exchange, and performance assessment techniques. The items were reduced as a consequence of empirical testing, which were based on pilot research with a sample size of 100. Based on the results, the businesses may improve their present practices and plans by concentrating on the factors that have a substantial impact on SCM performance. To generalize the findings, other studies may be conducted utilizing data from different supply chains in other Indian sectors and businesses.

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