Vishwakarma Business Review

Vipul Chalotra ¹

Affiliations
1 Department of Commerce, University of Jammu, Udhampur Campus, IN

Abstract

Retailers are the last link from supply side who ultimately deals with the customers and possesses repository of information. Valuable information shared by retailers ultimately brings into notice the on going and changing needs, tastes, preferences, likings of the customers. Products can be premeditated according to customers' choice if retailers share valuable information. The paper introspects supply chain effectiveness with the abet of valuable information shared by retailers. A sample of 120 retailers selling products of small manufacturing firms was contacted in district Udhampur of J&K State. The data after purification & validation through factor analysis was subjected to multivariate tools. The results of hierarchal regression analysis, correlation and one way ANOVA revealed business performance, relationship building and customer service as the predictors of supply chain effectiveness with the help of information sharing, positive influence of information sharing on supply chain relationships and indifference of retailers perception with regard to age groups. The study emphasized on bringing attitudinal changes among retailers through education & collaborative activities.

Keywords

Supply Chain (SC), Retailers Relationship, Supply Chain Management (SCM).

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Vipul Chalotra ¹

Affiliations
1 Department of Commerce, University of Jammu, Udhampur Campus, IN

Abstract

Inventory costs are the basic costs which influences the whole business design. It connotes the diverse costs involved (Storage, Perishability, safety etc.) in managing inventories. The present study divulges the mean rating of inventory variables that affects inventory management in 44 small scale units operating in district Udhampur of J&K State divided into ten lines of operations. The research framework was examined by empirical analysis of primary data collected. Validity and reliability of the scales in the construct were assessed through BTS and Cronbach-alpha. The results of ranking tables revealed that the major variables affecting inventory management are Overall inventory turnover ratio, Raw material inventory turnover ratio, Work-in-process inventory turnover ratio, Finished goods inventory turnover ratio and Out of stock index. The variable Raw material inventory turnover ratio emerged as the main variable affecting inventory management and out of stock index being the least decipherable effectuating variable deployed in managing inventories.

Keywords

Variables, Inventory Management, Small Scale Industries (SSIs).

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