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Research Article | Open Access
Volume 16 2024 | None
ROLE OF SUPPLY CHAIN MANAGEMENT PRACTICES: INDIAN MANUFACTURING INDUSTRIES PERSPECTIVE
Nabeel Ali P, Dr. Vipul Jain
Pages: 56-59
Abstract
The supply chain of the manufacturing sectors is one of the most important elements that helps any particular organisation maintain a competitive advantage. SCM techniques are used by businesses to manage their supply chains. Organizational performance refers to a company's capacity to make the most use of its distribution and raw material resources while reducing the time it takes to produce finished items, the time it takes to make purchases, the price of its inventory, and the leading to significant. The study's goal was to comprehend the numerous SCM methods and their function in the Indian manufacturing sector's corporate culture. Samples of two hundred employees working in SCM for fifty organisations across five Indian manufacturing sectors were gathered using the questionnaire. To produce findings, descriptive analysis and ANOVA are used. The researcher discovered a variety of SCM methods employed in the industries and discovered that SCM practices play a crucial role and, if effectively implemented, can enhance industry performance.
Keywords
SCM, Indian manufacturing industries.
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