EFFICIENCY MODEL FOR THE PROLIFERATION OF SECONDARY MARKET SUPPLY CHAIN – WITH REFERENCE TO THE INDIAN GARMENT CLUSTER

2021 ◽  
Vol 7 (3) ◽  
pp. 83-92
Author(s):  
G. Suganya ◽  
Joshua Selvakumar
Keyword(s):  
Supply Chain ◽  
Flow Velocity ◽  
Structural Equation ◽  
Business Performance ◽  
Manufacturing Firms ◽  
Secondary Market ◽  
Cluster Sampling ◽  
Reverse Supply Chain ◽  
Sustainable Business ◽  
Supply Line

The growth of secondary market in retail garment trade has been a major boost to economic growth in developing nations. This paper highlights the importance of effective forward and reverse supply chain the garment sector as driver for this booming secondary market. A conclusive research technique has been adapted to study the supply chain practices followed in the garment business those in the primary and secondary market. Structural equation modelling is used to validate and test the proposed model for supply chain performance. Cluster sampling method was incorporated. Owners of garment manufacturing firms in and around Coimbatore, Tirupur, Salem, Bargur and Bengaluru region would form the respondent group. A structured questionnaire was given to them to understand their supply chain practices, supply chain flow velocity and flow efficiency and its impact on their business performance. The firms operating under uncertain circumstances in the secondary supply line have adopted practices which lead to appropriate velocity and efficient flow of money, material and information which has been proved through the testing of the model. The velocity and efficiency in the supply line has improved the performance thereby ensuring a more sustainable business for the firm operating in the secondary markets. This study has contributed in understanding the various dimensions of best supply chain practices and its effect on the flow velocity and flow efficiency of the money, material, and information in the secondary market garment supply chain. An assessment of the results of the study has opened a window to the operations of the secondary garment supply chain line in the Indian cloth market which have been more or less camouflaged under the primary market operations. The outcome of the research also shows that these secondary market players have evolved their own strategies to sustain in volatile and uncertain circumstances. These strategies have proved to be very effective in minimizing wastage and increasing profitability of the manufacturing firms. The implications of this study is bound to give much needed support and leverage to the frail and underperforming secondary garment cluster which is a major contributor of Gross Domestic Product and employment ratio.

scholarly journals Sustainable Supply Chains: Evidence from Small and Medium-Sized Manufacturers

2021 ◽  
Vol 13 (16) ◽  
pp. 9059
Author(s):  
Jun-Der Leu ◽  
Larry Jung-Hsing Lee ◽  
Yi-Wei Huang ◽  
Chia-Chi Huang
Keyword(s):  
Supply Chain ◽  
Structural Equation ◽  
Business Performance ◽  
Manufacturing Industry ◽  
Positive Impact ◽  
Value Added ◽  
Equation Modeling ◽  
Sustainable Supply Chain ◽  
Sustainable Business ◽  
Sustainable Supply Chains

As a result of the 1997 Kyoto Protocol, numerous countries have become highly interested in sustainability. Manufacturers have been triggered to develop sustainable supply chain strategies in consideration of their value-added processes and stakeholders. This study was conducted, in the context of small- and medium-sized enterprises in the Taiwanese manufacturing industry, in order to examine the relationship between sustainability and business performance from the perspective of the supply chain aspects of business cooperation, operation integration, and enterprise commitment. A total of 290 companies were surveyed and structural equation modeling was applied to analyze the figures from the samples. The results reveal that the implementation of sustainable practices in the context of enterprise commitments, supply chain cooperation, and operation integration has a positive impact on sustainability and business performance. Furthermore, in high-value manufacturing, supply chain cooperation significantly affects sustainable business performance through internal operation integration. These results may serve as a reference for the realization of supply chain sustainability in small- and medium-sized enterprises.

The effect of talent management and human capital on sustainable business performance: an empirical investigation in Malaysian hospitals

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Nagwan Abdulwahab AlQershi ◽  
Ramayah Thurasamy ◽  
Gamal Abdualmajed Ali ◽  
Hussein Abu Al-Rejal ◽  
Amr Al-Ganad ◽  
...  
Keyword(s):  
Human Capital ◽  
Structural Equation ◽  
Business Performance ◽  
Talent Management ◽  
Mediating Effect ◽  
Future Research ◽  
Sustainable Business ◽  
Content Type ◽  
The Relationship ◽  
Practical Implications

Purpose This paper aims to examine the mediating role of human capital on the talent management in hospitals’ sustainable business performance in the health-care sector of Malaysia. Design/methodology/approach The study used a quantitative approach, with an initial sample of 174 Malaysian hospitals. The theoretical framework was based on previous studies of talent management (TM), human capital (HC) and sustainable business performance (SBP). Partial least squares-structural equation modelling (PLS-SEM) was used to test the study’s hypotheses. Findings Talent management mindset (TMM), but not talent management strategy (TMS), has a significant relationship with HC and SBP. HC has a significant direct relationship with SBP, and also mediates the relationship between TMM and SBP but not between TMS and SBP. Research limitations/implications This work is one of a limited number of studies to empirically address TM, HC and SBP in this context. The study is limited to Malaysian hospitals. It provides theoretical contributions by broadening the knowledge of HC, TM and the multifocal perspective of hospitals’ SBP, a relevant but underexplored issue, offering several avenues for future research. Practical implications The findings have beneficial practical implications for both policy makers and managers. First, focusing on talented people will directly improve sustainable performance in the Malaysian health sector. The findings also have important theoretical implications both for Malaysia and countries in similar situations. The study will serve as a reference point for such countries in trying to understand factors influencing SBP. Originality/value This is the first study to examine the mediating effect of HC on the relationship between talent management and hospitals’ sustainable business performance in Malaysia, or worldwide.

Investigating Relationships Between Supply Chain Capabilities, Competitive Advantage, and Business Performance

2018 ◽  
pp. 477-503
Author(s):  
Navee Chiadamrong ◽  
Tran Thi Tham
Keyword(s):  
Supply Chain ◽  
Structural Equation ◽  
Business Performance ◽  
Food Industry ◽  
Critical Factor ◽  
Business Environment ◽  
Equation Modeling ◽  
Competitive Advantages ◽  
Manufacturing Companies ◽  
Food Industries

Growing in the competitive environment, organizations need to find ways to improve their performance even better by ensuring that all key drivers are being developed and utilized effectively. Thai and Vietnamese food industries are rapidly growing sectors. This study investigates the relationships between supply chain capabilities and competitive advantages towards business performance, and compares the above mentioned relationships between Thai and Vietnamese food industries. The data were gathered from conducted surveys with the food manufacturing companies in both countries, and tested by Structural Equation Modeling. The empirical results show that supply chain capabilities play an important role in business improvement in both countries. While, supply chain integration is considered as a critical factor for the Vietnamese food industry, human resource management is much regarded as important for the Thai food industry. These findings help companies in each country decide the best strategy for differentiating themselves in their business environment.

scholarly journals Industry 4.0: A Solution towards Technology Challenges of Sustainable Business Performance

2019 ◽  
Vol 8 (5) ◽  
pp. 154 ◽  
Author(s):  
Muhammad Haseeb ◽  
Hafezali Iqbal Hussain ◽  
Beata Ślusarczyk ◽  
Kittisak Jermsittiparsert
Keyword(s):  
Industry 4.0 ◽  
Structural Equation ◽  
Business Performance ◽  
Simple Random Sampling ◽  
Partial Least Square ◽  
Least Square ◽  
Equation Modeling ◽  
Sustainable Business ◽  
Positive Role ◽  
It Implementation

Technology adoption is always a difficult task for Small and Medium-sized Enterprises (SMEs) due to lack of resources and other market issues. Many technology challenges adversely affect the sustainable business performance of SMEs. However, the incorporation of Industry 4.0 can overcome various technology issues. The goal of Industry 4.0 is to attain an advanced level of operational effectiveness and productivity, as well as a higher level of automatization. Thus, the objective of this study is to identify the role of Industry 4.0 to promote sustainable business performance in SMEs in Thailand. A survey has been prepared to collect the data from managers of SMEs and analyzed with the help of Partial Least Square. The questionnaire was used to collect the data and questionnaires were distributed by using simple random sampling. A total of 500 questionnaires were distributed amongst the managerial staff of SMEs located in Thailand. From these distributed questionnaires, 280 were returned and 270 valid responses were found. Data were analyzed by using Partial Least Square (PLS)-Structural Equation Modeling (SEM). Findings reveal that Industry 4.0 is a key to the growth of sustainable business performance among SMEs. Elements of Industry 4.0 such as big data, Internet of Things and smart factory have a positive role in promoting information technology (IT) implementation, which contributes to sustainable business performance. Moreover, organization structure and process strengthen the positive relationship between Industry 4.0 and IT implementation.

scholarly journals Implications of Green Logistics Management on Sustainable Business and Supply Chain Performance: Evidence from a Survey in the Greek Agri-Food Sector

2020 ◽  
Vol 12 (24) ◽  
pp. 10515 ◽  
Author(s):  
Panagiotis Trivellas ◽  
Georgios Malindretos ◽  
Panagiotis Reklitis
Keyword(s):  
Supply Chain ◽  
Business Performance ◽  
Management Practices ◽  
Social Performance ◽  
Field Research ◽  
Performance Outcomes ◽  
Supply Chain Performance ◽  
Food Sector ◽  
Sustainable Business ◽  
Green Packaging

Green agri-food supply chains are increasingly attracting research interest, owing to their potential capacity for resilience against recent crises (e.g., financial, COVID-19) as well as end-consumers’ concerns on sustainability issues. In this context, this paper aims to explore the relationship between green supply chain management practices and three different performance aspects, namely, supply chain, green (environmental) and business performance, and controlling for environmental dynamism. Field research was conducted through a structured questionnaire contacted to 134 executives of firms in the agri-food sector in Greece. The results reveal that information sharing, logistics networking and transportation are the most powerful factors that impact sustainable, business and supply chain performance. In addition, green packaging is related to financial and social performance aspects. Interestingly, green warehousing and logistics emissions failed to establish any relationship with performance outcomes. The conclusions and recommendations drawn in the present study are expected to provide meaningful guidance for the supply chain decision-making process, as logistics managers are becoming increasingly aware of exploiting all available resources, knowhow and competitive advantages for attaining sustainable performance.

scholarly journals Fostering knowledge creation to improve performance: the mediation role of manufacturing flexibility

2020 ◽  
Vol 26 (7) ◽  
pp. 1871-1892 ◽  
Author(s):  
José Pinheiro ◽  
Graça Miranda Silva ◽  
Álvaro Lopes Dias ◽  
Luis Filipe Lages ◽  
Miguel Torres Preto
Keyword(s):  
Knowledge Creation ◽  
Structural Equation ◽  
Business Performance ◽  
Manufacturing Firms ◽  
Manufacturing Flexibility ◽  
Validity And Reliability ◽  
Content Type ◽  
Technological Turbulence ◽  
And Performance

PurposeThe purpose of this study is to examine the mediating role of manufacturing flexibility in the relationship between knowledge creation, technological turbulence and performance. In an increasingly competitive and changing environment, firms need to boost their technological and management know-how to adequately develop manufacturing flexibility.Design/methodology/approachThis study analyzes survey data collected from 370 manufacturing firms. Validity and reliability analyses were conducted using SPSS and Amos. The research hypotheses were tested using covariance-based structural equation modelling.FindingsThe main findings show that knowledge creation positively and significantly affects business and operational performances directly, and indirectly, through manufacturing flexibility. Moreover, technological turbulence has a positive and significant effect on it. This finding contributes to understanding why some firms get better outcomes from manufacturing flexibility than others, a disputed issue in the literature.Practical implicationsThis study highlights the need for manufacturing firms to foster cultures of knowledge creation, to better educate and train employees and to develop other instruments of knowledge creation.Originality/valueThis study makes several contributions to manufacturing flexibility literature: (1) establishing a link between technological turbulence and knowledge creation to develop manufacturing flexibility; (2) add empirical evidence on the relation between manufacturing flexibility and performance and (3) contributes to consolidating the mediation role of manufacturing flexibility in the relations between knowledge creation and business performance, as studies focussing on such a role are scarce in the literature.

How CSR Affects Brand Equity of Indian Firms?

2017 ◽  
Vol 18 (3_suppl) ◽  
pp. S52-S69 ◽  
Author(s):  
Anupam Singh ◽  
Priyanka Verma
Keyword(s):  
Brand Equity ◽  
Purchase Intention ◽  
Structural Equation ◽  
Business Performance ◽  
Online Survey ◽  
Structural Model ◽  
Developing Economies ◽  
Management Strategies ◽  
Sustainable Business ◽  
Managerial Implications

Studies in the developed economies report that corporate social responsibility (CSR) has effect on brand’s performance. However, there is a dearth of such studies in developing economies like India. Therefore, this study attempts to examine the nexus of CSR and brand equity (BE) in Indian business perspective. For the purpose of this study, questionnaire-based online survey was conducted to collect the empirical data. Structural equation modelling (SEM) technique using AMOS 22.0 was utilized to test structural model. Results indicate that firm’s CSR activities have positive effect on its BE. However, brand awareness, brand image, brand loyalty and purchase intention mediate the CSR and BE relationship. This study adds to the existing CSR literature theoretically and also offers the managerial implications. The findings of this study would help the companies to renovate their management strategies from traditional profit oriented to socially responsible business approach for sustainable business performance.

scholarly journals The Business Value of Information System-Enabled E-Collaboration Capabilities

2015 ◽  
Vol 11 (1) ◽  
pp. 22-56 ◽  
Author(s):  
Morteza Ghobakhloo ◽  
Tang Sai Hong
Keyword(s):  
Information System ◽  
Supply Chain ◽  
Business Performance ◽  
Process Integration ◽  
Manufacturing Firms ◽  
Performance Gain ◽  
Organizational Capability ◽  
Collaborative Knowledge Management ◽  
Important Intermediate ◽  
Collaborative Knowledge

This study aims to understand how firms in developing countries can effectively use their Information System (IS) resources to develop valuable e-collaboration capabilities that in turn improve business performance. A questionnaire-based survey was conducted to collect data from 408 Iranian and Malaysian manufacturing firms. Findings revealed that Supply Chain-Wide Process Integration (SCPI) and Collaborative Knowledge Management (CKM) are key IS-enabled capabilities that enhance performance gain of manufacturing firms. The work found that these capabilities serve as catalysts in transforming the value of IS resources controlled by firms into business performance improvement. The results suggest that SCPI, as a determinant of a highly integrated and dynamic supply chain, is an important intermediate organizational capability through which value of IS resources can be materialized. Likewise, the findings imply that CKM across a given supply network, as a valuable intermediate organizational capability, converts the benefits of both technical and human IS resources into performance gain at the corporate level.

Implications of Supply Chain Management on the Connection between Business Performance and Enterprise Resource Planning Framework

2020 ◽  
pp. 101-108
Author(s):  
Ying Zhang ◽  
Zakaria Fareed
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Enterprise Resource Planning ◽  
Structural Equation ◽  
Business Performance ◽  
Resource Planning ◽  
Chain Management ◽  
Fundamental Information ◽  
Planning Framework ◽  
Essential Set

Enterprise Resource Planning (ERP) and Supply Chain Management (SCM) are the two fundamental Information Technology (IT) investment advancements that businesses are resorting to in the modern age. These are the advancements and options which are known to be essential in literature as a contributing fact to the enhancement of Business Performance (BP). In that regard, the main purpose of this contribution is to evaluate the adoption of ERP and its effects of BP through the option of SCM. This paper presents a novel model that applies enterprise resource planning with the option of SCM to effectively optimize BP in the competitive world. The structural equation framework is thus fundamental for testing of the model and how its fits the level of the four projected research hypotheses. The essential set of data for this analysis was gathered from companies in Malaysia. The findings in this research have been supported using empirical evidences, availability of positive factors of ERP for the option of supply chain ultimately amounts to enhanced BP.

Unfolding the Linkage Between SCM Practices and Customer Responsiveness in Indian Automotive and Aerospace Manufacturing Firms

2021 ◽  
pp. 097226292110534
Author(s):  
Rakesh K. Mudgal ◽  
Neeraj Khera ◽  
Shikha N. Khera ◽  
Karishma Gulati
Keyword(s):  
Supply Chain ◽  
Structural Equation ◽  
Manufacturing Firms ◽  
Indian Context ◽  
Equation Modelling ◽  
Aerospace Manufacturing ◽  
Customer Responsiveness ◽  
Manufacturing Organizations ◽  
Bivariate Regression ◽  
The Relationship

The study examines how the supply chain management (SCM) practices impact customer responsiveness, and the same has been tested empirically with the help of a conceptual framework based on a literature review. Previous studies on the relationship between supply chain variables and competitive advantage have been presented earlier with variables including customer satisfaction, quality and flexibility. Still, there is a shortage of literature on customer responsiveness. This study attempts to conduct a structured study well supported by the existing literature to establish the mentioned linkage. The study sample includes 433 employees from 10 Indian automobile and aerospace manufacturing organizations, and the responses have been analysed with structural equation modelling (SEM) and bivariate regression. The study establishes the linkage between SCM practices and customer responsiveness. The results infer that supply chain practices are antecedents to customer responsiveness. The study has also scrutinized the specific items of SCM practices construct that highly influences customer responsiveness. This study also highlights and identifies the research on the linkage between SCM practices and customer responsiveness in the Indian context. For practitioners, this study offers advice for effective policymaking to have more excellent customer responsiveness by concentrating on the specific elements of each SCM practice.

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