The Impact of Supply Chain Strategy and Supply Chain Flexibility on the Performance of Small and Medium Enterprises (SMEs) In Indian Automobile Sector
Author(s)
Download Full PDF Pages: 42-47 | Views: 885 | Downloads: 202 | DOI: 10.5281/zenodo.3455994
Volume 7 - September 2018 (09)
Abstract
In modern business environment due to rapid technological changes, innovation, policies of government companies facing tremendous challenges, specially small and medium enterprise (SMEs). The Indian SMEs try to integrate their business process strategically within their supply chain network. Despite the fact that intensive research has been done in supply chain management (SCM) a little research has been done so far in which this issue is discuss with respect to a SMEs in India. The study examines the impact of supply chain strategy and flexibility on the SMEs business performance in the Indian automobile SMSs. A quantitative research survey was conducted among 202 SMEs owners/managers. SPSS 23.0 was used to analyze the data. Structural path modeling (SEM) was conducted to assess the proposed model analysis and to test the statistically significant relationship of the hypothesis. This research is an attempt to bridges the gap and deficiency on the research done previously in this issue and particularly about the relationship between supply chain flexibility dimensions on supply chain performance. Hence, the first and foremost objective of this study is to find how supply chain strategy (SCS) and supply chain flexibility (SCF) dimensions are related with supply chain performance (SCP) dimensions. Furthermore, innovative strategy and efficient and effective supply chain flexibility is directly related to improve supply chain performance. This research is based on research done by Fantazy et al. (2009) in his research he suggested that further investigation can be made on his research in a different geographical region. To widen understanding on this topic and to go after the recommendation of the preceding research, this research closely related to Fantazy et al. (2009) and this research is done on the SMEs of Indian automotive industries which in current situation having much importance. The research study results revealed that chain strategy and flexibility positively impacted performance of supply chain and their by influence SMEs business performance
Keywords
Supply Chain Flexibility (SCF), Supply Chain Performance (SCP), Supply chain strategy(SCS)
References
- Albino, V., Dangelico, R.M. & Pontrandolfo, P. (2012). “Do inter-organizational collaboration enhances a firm’s environmental performance? A study of largest U.S. companies”. Journal of Cleaner Production, Vol. 37, pp. 304-315.
- Angappa Gunasekarana (2008) et al “Responsive Supply Chain: A Competitive Strategy in a Networked Economy” International Journal of Management Science, Omega 36, 549 – 564.
- Arawati Agus (2011) “Supply Chain Management, Supply Chain Flexibility and Business Performance” Journal of Global Strategic Management | 09 | 2011, June.
- Anant Deshpande, “Supply Chain Management Dimensions, Supply Chain Performance and Organizational Performance: An Integrated Framework” International Journal of Business and Management Vol.7, No.8.
- Benita M. Beamon (1999) “Measuring supply chain performance” International Journal of Operations & Production Management, Vol. 19 No. 3, 1999, pp. 275-292, # MCB University Press, 0144-3577.
- Benita M. Beamon, (1998) “Supply Chain Design and Analysis: Models and Methods” International Journal of Production Economics Vol. 55, No. 3, pp. 281-294.
- Braunscheidel, M.J. & Suresh, N.C. (2009). “The organisational antecedents of a firm’s supply chain agility for risk mitigation and response”. Journal of Operations Management, Vol. 27, pp. 119-140.
- Chin, T.A., Hamid, A.B.A., Rasli, A. & Baharun, R. (2012). “Adoption of supply chain management in SMEs”. Procedia – Social and Behavioral Sciences, Vol. 65, pp. 614-619.
- Droge, C., VickerY, S. & Jacobs, M.A. (2012). “Does supply chain integration mediate the relationships between product/process strategy and service performance? An empirical study”. International Journal of Production Economics, Vol. 137, pp.250-262.
- Flynn, B.B., Huo, B. & Zhao, X. (2010). “The impact of supply chain integration on performance: a contingency and configuration approach”. Journal of Operations Management, Vol.28, pp.58-71.
- Hau L. Lee, Jason Amaral (2002), “Continuous and Sustainable Improvement through Supply Chain Performance Management” SGSCMF-W1-2002 Supply Chain Performance Management
- Ila Manuj, John T. Mentzer(2012) “Global supply chain risk management strategies” International Journal of Pysical Distribution & Logistics Management Vol. 38 No. 3, 2008 pp. 192-223.April 2012.
- Ilkka Sillanpaa (2011) et al “Supply Chain Performance Measurement Framework for manufacturing industries – a Theoretical Approach” Proceedings of the 12th Management International Conference Portorož, Slovenia, 23–26 November 2011
- Kenny, B & Fahy, J. (2011). “SMEs networking capability and international performance. In Baxter, R. & Woodside, A.G., ed. Inter-firm networks: theory, strategy and behaviour”. Bingley, UK: Emerald Group Publishing, pp.199-376.
- Lei, P.W. & Wu, Q. (2007). “Introduction to structural equation modeling: issues and practical considerations”. Educational Measurement, Vol. 26, No.3, pp.33-43.
- Lei, P.W. & Wu, Q. (2007). “Introduction to structural equation modeling: issues and practical considerations”. Educational Measurement, Vol. 26, No.3, pp.33-43.
- Merschmann, U. & Thonemann, U.W. (2011). “Supply chain flexibility, uncertainty and firm performance: an empirical analysis of German manufacturing firms”. International Journal of Production Economics, Vol.130, pp.43-53
- Nyoman Pujawan (2004) “A Conceptual Framework for Assessing Supply Chain Flexibility” International Journal Integrated Supply Management, Vol.1, No.1, 2004.
xix. Oke, A., Burke, G. & Myers, A. (2007). “Innovation types and performance in growing UK SMEs”. International Journal of Operations & Production Management, Vol. 27, No.7, pp. 735-753.
- Sanchez, A.M. & Perez, M.P. (2005). “Supply chain flexibility and firm performance: A conceptual model and empirical study in the automotive industry”. International Journal of Operations & Production Management, Vol. 25, 7, pp. 681-700
- Simona Danielo Grigore, “Supply Chain Flexibility “Romanian Economic and Business Review –Vol. 2 No.1.
xxii. Thakkar, J., Kanda, A. & Deshmukh, S.G. (2008). “Supply chain management in SMEs: development of constructs and propositions”. Asia Pacific Journal of Marketing & Logistics, Vol. 20, 1. pp. 97-131.
- Vinzi, V.E., Chin, W.W., Henseler, J. & Wang, H. (2010). “Handbook of partial least squares: concepts, methods and application”. Heidelberg, Germany: Springer-Velag.
- Wu, I.L., Chuang, C, H. & Hsu, C.H. (2014). “Information sharing and collaborative behaviors in enabling supply chain performance: a social exchange perspective”. International Journal of Production Economics, Vol. 148, pp. 122-132.