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Measuring Supply Chain Efficiency: A Case of Pharmaceutical Companies of India
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Supply chain performance depends on the efficiency of supply chain. The efficiency depends on the inputs utilized and their outcome(s). In this paper an attempt has been made to measure the efficiency of supply chain of pharmaceutical companies in India. Efficiency is measured by quantum of inputs like internal manufacturing capacity, supply chain cost, working capital, invested-capital, number of employees, wages to workers, materials consumed and fuel used in production. The outputs are net value added by supply chain and net income gained. Data Envelopment Analysis and Tobit model of regression is used for the analysis of data.
Keywords
Supply Chain, Efficiency, Data Envelopment Analysis, Efficiency
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