Impact of Supplier’s Lead Time on Strategic Assembler-Supplier Relationship in Pricing Sensitive Market

Author(s):  
Jiayi Wei
2021 ◽  
Vol 5 (1) ◽  
pp. 31-45
Author(s):  
Fatuma Rajab ◽  
Patrick Ngugi ◽  
David Kiarie

Purpose: The main objective of this study was to investigate the influence of supplier relationship management on performance of manufacturing firms in Kenya. Methodology: This study employed descriptive research design. The targeted population of this study is comprised of 499 manufacturing companies which are all located in Nairobi and its environs. In order to come up with a representative sample, stratified random sampling method was used since the population is heterogeneous. The stratified technique ensured that each sector in the target population has an equal chance of being selected. There were 217 respondents sampled from the 499 manufacturing firms out of 217 ,180 respondents returned the questionnaires for analysis. The study adopted a descriptive survey design. Data was collected using self-administered questionnaires which were tested for validity and reliability using 10% of the total sample respondents. Quantitative data was analyzed using both descriptive and inferential statistics and with the help of SPSS version 23 while qualitative data was analyzed descriptively. Linear and multiple regression models were used to show the relationship between the dependent variable and the independent variables. The information was presented using tables, charts, frequencies, percentages and graphs. Findings: The study established that there exists a positive influence of supplier relations management on performance management of manufacturing firms in Kenya at 5% level of significant (β=0.295, P<0.05). This indicates that as the level of supplier relationship management increases also performance of manufacturing firms in Kenya increases significantly. Unique contribution to theory, practice and policy: The study provides evidence that indeed supply relationship management as a strategic alliance influences performance in these organizations. In addition, the study is of benefit to the government of Kenya who should create awareness of their policies through training of the key stakeholders for this organizations since the majority of the respondents 53.17% indicated that the government policies and strategies are ineffective. Supply relationship management had significant effect on organization performance and this requires that to improve on quality production and lead time, manufacturing firms must also improve their supply relationship management. Since the quality of the products has not significantly improved for the last 5 years, more strategies must be put in place to incorporate technology which will aid to improve the quality and also maintain required lead time in these organizations.


2019 ◽  
Vol 6 (1) ◽  
pp. 48-50
Author(s):  
Ikram Uddin

This study will explain the impact of China-Pak Economic Corridor (CPEC) on logistic system of China and Pakistan. This project is estimated investment of US $90 billion, CPEC project is consists of various sub-projects including energy, road, railway and fiber optic cable but major portion will be spent on energy. This project will start from Kashgar port of china to Gwadar port of Pakistan. Transportation is sub-function of logistic that consists of 44% total cost of logistic system and 20% total cost of production of manufacturing and mainly shipping cost and transit/delivery time are critical for logistic system. According to OEC (The Observing Economic Complexity) currently, china is importing crude oil which 13.4% from Persian Gulf. CPEC will china for lead time that will be reduced from 45 days to 10 days and distance from 2500km to 1300km. This new route will help to china for less transit/deliver time and shipping cost in terms of logistic of china. Pakistan’s transportation will also improve through road, railway and fiber optic cabal projects from Karachi-Peshawar it will have speed 160km per hour and with help of pipeline between Gwadar to Nawabshah gas will be transported from Iran. According to (www.cpec.inf.com) Pakistan logistic industry will grow by US $30.77 billion in the end of 2020.


2008 ◽  
Author(s):  
Suzanne de Treville ◽  
Lenos Trigeorgis ◽  
Benjamin Avanzi

2015 ◽  
Vol 4 (3) ◽  
Author(s):  
Souresh Bhattacharya ◽  
D. Mukhopadhyay ◽  
Sunil Giri

Indian automotive industry has increasingly adopted global supply chain best practices including supplier relationship as a management imperative, in the last two decades. Increased competition, globalization, wide-spread outsourcing, use of information technology and rapid technological advances have contributed in supplier relationship development with the objective to achieve competitive advantage and a high level of performance. It is evident that only if mutual benefits accrue to both Vehicle Assemblers (VA) and their suppliers, the partnership between them would be meaningful and effective. Also, VAs have necessarily, to invest considerable resources and effort in achieving collaboration with their suppliers and cost-effectiveness becomes an issue which leads to supply base rationalization and a segmented approach. Therefore understanding the issues involved and identifying focus areas for successful supplier relationships becomes an imperative. This paper, based on an exploratory study, delves into the VA-supplier interface in Indian automobile supply chains, examines various theoretical and practical dimensions, in order to identify strategic imperatives (key impact drivers), Supplier Management Orientation (SMO) of VAs, adoption of Supplier Development Practices, extent of VA-supplier partnerships and mutual benefits accruing to both entities. Based on this a framework for holistically studying the VA-supplier interface is proposed.


2019 ◽  
Vol 9 (3) ◽  
pp. 191-197
Author(s):  
Frank Sunil Justus T

The Lancet ◽  
2021 ◽  
Vol 397 (10270) ◽  
pp. 194
Author(s):  
Michael Bretthauer ◽  
Magnus Løberg ◽  
Øyvind Holme ◽  
Hans-Olov Adami ◽  
Mette Kalager

2021 ◽  
Vol 9 (4) ◽  
pp. 383
Author(s):  
Ting Yu ◽  
Jichao Wang

Mean wave period (MWP) is one of the key parameters affecting the design of marine facilities. Currently, there are two main methods, numerical and data-driven methods, for forecasting wave parameters, of which the latter are widely used. However, few studies have focused on MWP forecasting, and even fewer have investigated it with spatial and temporal information. In this study, correlations between ocean dynamic parameters are explored to obtain appropriate input features, significant wave height (SWH) and MWP. Subsequently, a data-driven approach, the convolution gated recurrent unit (Conv-GRU) model with spatiotemporal characteristics, is utilized to field forecast MWP with 1, 3, 6, 12, and 24-h lead times in the South China Sea. Six points at different locations and six consecutive moments at every 12-h intervals are selected to study the forecasting ability of the proposed model. The Conv-GRU model has a better performance than the single gated recurrent unit (GRU) model in terms of root mean square error (RMSE), the scattering index (SI), Bias, and the Pearson’s correlation coefficient (R). With the lead time increasing, the forecast effect shows a decreasing trend, specifically, the experiment displays a relatively smooth forecast curve and presents a great advantage in the short-term forecast of the MWP field in the Conv-GRU model, where the RMSE is 0.121 m for 1-h lead time.


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