Evaluating the Efficiency of Supply Chain Management of Bangladesh Readymade Garments Industry

2018 ◽  
Vol 3 (12) ◽  
Author(s):  
AHM Yeaseen Chowdhury ◽  
Mamum Habib ◽  
Md Zahedul Alam
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Lead Time ◽  
Reference Model ◽  
Global Market ◽  
Latent Factors ◽  
Chain Management ◽  
Building Collapse ◽  
Fire Incident ◽  
Challenging Situation

Efficient implementation of Supply Chain Management (SCM) is very imperative for Bangladesh RMG sector to remain competitive in the global market. Bangladesh is struggling with meeting customer lead time, quality problem and with productivity comparing with other RMG producing nations. Moreover, the industry experienced few setbacks relating to building collapse and fire incident which forced the industry into more challenging situation. The country has no alternative to implement proper SCM in order to achieve the desired export goal of US$ 50 billion set by government within year 2021. But unfortunately the level ofpractice and efficiency level of SCM is not satisfactory. This study measures the efficiency level of SCM in RMG sector following Supply Operations Reference Model (SCOR) and found it unsatisfactory. Theanalyses suggest that all the operational dimensions are linked with one another and companies need to improve on all dimensions for improving SCM efficiency. The study provides a model for measuring SCM efficiency with eight latent factors.

A Conceptual Model on the Challenges Affecting the Growth, Sustainability, and Survival of Small, Medium, and Micro Enterprise

2021 ◽  
pp. 1-16
Author(s):  
Ayansola Olatunji Ayandibu ◽  
Irrshad Kaseeram ◽  
Elizabeth Oluwakemi Ayandibu
Keyword(s):  
South Africa ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Human Resources ◽  
Conceptual Model ◽  
Human Resources Management ◽  
Global Market ◽  
Chain Management ◽  
Resources Management

This chapter addresses the changes (finance, human resources management, supply chain management, and regulatory) that affect the growth, sustainability, and survival of SMMEs world. These challenges are common among SMMEs in every country. In order for SMMEs to achieve growth, sustainability, as well as survive in the competitive global market, SMMEs must deal with these challenges. This chapter also creates a conceptual model that addresses these challenges and provides solutions that can be used to improve SMME challenges. SMMEs from South Africa, Nigeria, and Ghana were also discussed.

Strategic issues in supply chain management of Indian SMEs due to globalization: an empirical study

2020 ◽  
Vol 27 (3) ◽  
pp. 913-932 ◽  
Author(s):  
Rajesh Kumar Singh ◽  
Ravinder Kumar
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Resource Constraints ◽  
Small And Medium Enterprises ◽  
Survey Instrument ◽  
Global Market ◽  
Successful Implementation ◽  
Chain Management ◽  
Content Type ◽  
Strategic Issues

PurposeIn globalized market, organizations of all sizes are having huge opportunities for growth. However, due to various resource constraints, it has become challenging for small and medium enterprises (SMEs) of growing economies to survive in this global competition. Effective supply chain management (SCM) can be a major driving factor for success of Indian SMEs in dynamic world economy. SMEs face many operational challenges while implementing effective SCM. The purpose of this paper is to study different strategic issues for successful implementation of SCM in Indian SMEs.Design/methodology/approachA survey has been conducted in Indian SMEs of different sectors. Major constructs of survey instrument are motivations, hindrances, investment priorities, supply chain practices and performance. In total, 1,500 Indian SMEs have been approached for collecting response through survey instrument. 257 complete responses were finalized. Statistical analysis of data acquired from survey is performed by using SPSS software.FindingsIt is observed that managing customers, organization resources, and inventory are main SCM practices. Major investment areas are systems for developing quick response and quality management. Currently, human resource and knowledge management have been found to be less priority areas for SMEs. The major focus of Indian SMEs is on cost and lead time reduction by having effective SCM.Originality/valueNovelty of this study is that strategic issues for effective SCM in context to Indian SMEs have been analyzed. The findings of the study will help Indian SMEs in doing strategic planning for being competitive in the global market.

scholarly journals Coordination Supply Chain Management Under Flexible Manufacturing, Stochastic Leadtime Demand, and Mixture of Inventory

Mathematics ◽  
2020 ◽  
Vol 8 (6) ◽  
pp. 911 ◽  
Author(s):  
Asif Iqbal Malik ◽  
Biswajit Sarkar
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Lead Time ◽  
Cost Allocation ◽  
Nash Bargaining ◽  
Decision Variable ◽  
Theoretic Approach ◽  
Flexible Production ◽  
Allocation Model ◽  
Chain Management

The necessity of coordination among entities is essential for the success of any supply chain management (SCM). This paper focuses on coordination between two players and cost-sharing in an SCM that considers a vendor and a buyer. For random demand and complex product production, a flexible production system is recommended. The study aims to minimize the total SCM cost under stochastic conditions. In the flexible production systems, the production rate is introduced as the decision variable and the unit production cost is minimum at the obtained optimal value. The setup cost of flexible systems is higher and to control this, a discrete investment function is utilized. The exact information about the probability distribution of lead time demand is not available with known mean and variance. The issue of unknown distribution of lead time demand is solved by considering a distribution-free approach to find the amount of shortages. The game-theoretic approach is employed to obtain closed-form solutions. First, the model is solved under decentralized SCM based on the Stackelberg model, and then solved under centralized SCM. Bargaining is the central theme of any business nowadays among the players of an SCM to make their profit within a centralized and decentralized setup. For this, a cost allocation model for lead time crashing cost based on the Nash bargaining model with the satisfaction level of SCM members is proposed. The cost allocation model under Nash bargaining achieves exciting results in SCM coordination.

scholarly journals Analisis Kesesuaian Kegiatan Pergudangan dan Pemetaan Proses Pergudangan pada Salah Satu Warehouse Industri Farmasi di Jakarta

2020 ◽  
Vol 5 (3) ◽  
Author(s):  
Wahyu Ashri Aditya ◽  
Ida Musfiroh
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Lead Time ◽  
Chain Management

Manajemen rantai pasok (Supply Chain Management) pada aspek pergudangan di suatu Industri Farmasi merupakan parameter yang sangat penting dalam suatu rantai distribusi sediaan farmasi; yang terdiri atas penerimaan, penyimpanan hingga pengiriman produk farmasi. Sistem penyimpanan dan pengiriman obat di Industri Farmasi yang baik dan benar mengacu pada Cara Pembuatan Obat yang Baik (CPOB) Tahun 2018 Bab 6 tentang Cara Penyimpanan dan Pengiriman Obat yang Baik. Gudang yang belum menerapkan CPOB akan mengalami kerugian serta kerusakan fisik sediaan farmasi dan juga kerugian finansial akibat produk yang pasif di gudang. Hal ini berdampak kepada penurunan kualitas warehouse dari Industri tersebut. Selain itu, pemetaan proses gudang dilakukan guna melihat dan menghilangkan pemborosan dalam proses kerja agar lead time dapat diperpendek secara signifikan dan kualitas diciptakan dengan benar sejak awal. Maka dari itu, diperlukan adanya evaluasi kegiatan pergudangan dan pemetaan proses pergudangan pada warehouse salah satu Industri Farmasi di Jakarta yang bertujuan untuk melihat kesesuaian kegiatan Gudang dengan CPOB dan menghilangkan pemborosan pada gudang. Penelitian dilaksanakan selama bulan Maret 2020 dengan melakukan pengamatan secara observasional dan dilakukan evaluasi. Hasil pengamatan menunjukkan bahwa Industri Farmasi telah memenuhi ketentuan sesuai CPOB akan tetapi masih terdapat beberapa sistem yang memerlukan kesesuaian lebih lanjut dengan CPOB untuk menghindari waste (pemborosan) dalam proses kerja sehingga diperlukan CAPA untuk evaluasi pada Industri Farmasi tersebut.Kata Kunci: Evaluasi, Pergudangan, Warehouse, Industri Farmasi, CPOB, Waste.

scholarly journals Entrepreneurial networking in supply chain relationships in the automotive component industry

2011 ◽  
Vol 11 (1) ◽  
Author(s):  
R. C. O’Neill ◽  
M. J. Naude
Keyword(s):  
South Africa ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Global Market ◽  
Theoretical Base ◽  
Chain Management ◽  
Automotive Component ◽  
Supply Chain Relationships ◽  
Automotive Component Industry ◽  
Entrepreneurial Networking

Purpose: The point of departure in this article is that the principles that underpin entrepreneurial networking also apply to the establishment of supply chain relationships. The theoretical base for the need for entrepreneurial networking can be found in Kirzner's theory of entrepreneurship that argued that entrepreneurs identify and act upon profit opportunities that exist in disequilibrium in order to equilibrate the economy. Problem investigated: This article explores the possibility of implementing entrepreneurial networking in supply chain relationships in the automotive component industry. Methodology: Kirzner's theory is used as a theoretical base to support the case for the development of supply chain relationships. The literature with regard to supply chain management and its relevance to entrepreneurial networking is first dealt with. The case for implementing entrepreneurial networking to strengthen supply chain relationships in the automotive component industry in South Africa is then presented.Findings: The findings of this article indicate that the principles underlying entrepreneurial networking could be applied to supply chain relationships in the automotive component industry in South Africa. The argument is mainly based on the sustainability and profitability potential of entrepreneurial networking and the similarities that exist between entrepreneurial networking and supply chain management relationships. Originality: This research is original as it explores the possibility that the principles that underpin entrepreneurial networking also apply to the establishment of supply chain relationships in the automotive component industry. Furthermore, there is a need for published research in South Africa on supply chain management, particularly relationships within the supply chain.Conclusion: Based on the sustainability and profitability potential of entrepreneurial networking and the similarities that exist between entrepreneurial networking and supply chain relationships, the principles underlying entrepreneurial networking can be applied to supply chain relationships in the automotive component industry in South Africa. The unique challenges facing this industry in the current global market further strengthen the case for the implementation of entrepreneurial networking.

scholarly journals Agile Port and Intermodal Transport Operations Model to Secure Lean Supply Chains Concept

2012 ◽  
Vol 23 (2) ◽  
pp. 105-112 ◽  
Author(s):  
Bojan Beškovnik ◽  
Elen Twrdy
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Supply Chains ◽  
Transport Model ◽  
Global Market ◽  
Intermodal Transport ◽  
Container Shipping ◽  
Shipping Industry ◽  
Chain Management ◽  
Operation Procedure

This article presents a strategic view of industry’s expectations from the lean supply chains concept in relation to the container shipping industry. The global market is putting the shipping industry under strong pressure as new trends in logistics seek new opportunities to cut unnecessary costs and players in the supply chain management and in the intermodal transport. For this reason we performed a research on how the intermodal transport can secure efficient transport operations. The emphasis is mainly on setting up the agile port and intermodal transport model, in which all necessary subjects should be involved in a unique supply chain. Thus we analyzed port operators, shipping lines and inland transport operators and the way they eliminate waste processes in their everyday operation procedure. Considering all important dynamic facts in the container and shipping industry and our analyses of the intermodal service through the port of Koper we propose the agile port and inland operations model suitable to improve intermodal service and to secure lean supply chains for containerized cargo. Consequently, we came to the conclusion that some traditional subjects in the traditional supply chain are not needed; while others, like customs authorities and inspection companies should be involved adequately to secure efficient organization of agile services in the ports, on the borders between different countries and at final destinations. KEY WORDS: lean supply chains, agile intermodal operations, shipping lines, port operators, inland transport operators

scholarly journals Coordinating Supply-Chain Management under Stochastic Fuzzy Environment and Lead-Time Reduction

Mathematics ◽  
2019 ◽  
Vol 7 (5) ◽  
pp. 480 ◽  
Author(s):  
Asif Iqbal Malik ◽  
Biswajit Sarkar
Keyword(s):  
Decision Making ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Lead Time ◽  
Optimal Solution ◽  
Chain Model ◽  
Setup Cost ◽  
Chain Management ◽  
The Impact ◽  
Collaborative Supply Chain Management

In this paper, a supply-chain (SC) coordination method based on the lead-time crashing is proposed for a seller–buyer system. By considering different transportation modes, we control the lead-time (LT) variability. For the first time, we have attempted to determine the impact of the reliable and unreliable seller in a continuous-review supply-chain model under the stochastic environment. The authors discussed two reliability cases for the seller. First, we consider the seller is unreliable and in the second case, the seller is reliable. In addition, the demand during the lead time is stochastic with the known mean and variance. The proposed approach tries to find an optimal solution that performs well without a specific probability distribution. Besides, a discrete investment is made to reduce the setup cost, which will indirectly help supply-chain members to increase the total profit of the system. In the proposed model, the seller motivates the buyer by reducing lead time to take part in coordinating decision-making for the system’s profit optimization. We derive the coordination conditions for both members, the seller and the buyer, under which they are convinced to take part in the cooperative decision-making plan. Therefore, lead-time crashing is the proposed incentive mechanism for collaborative supply-chain management. We use a fixed-charge step function to calculate the lead-time crashing cost for slow and fast shipping mode. We give two numerical examples to validate the proposed models and demonstrate the service-level enhancement under the collaborative supply-chain management in case of an unreliable seller. Concluding remarks and future extensions are discussed at the end.

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