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Chalotra, Vipul
- An Exploratory Framework of the Role of Handling Inventory and its Management
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1 Dept. of Commerce, University of Jammu, Udhampur campus, Jammu, IN
1 Dept. of Commerce, University of Jammu, Udhampur campus, Jammu, IN
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Journal of Supply Chain Management Systems, Vol 2, No 3 (2013), Pagination: 57-64Abstract
Apt inventory holding and it distinguished management impart economy and efficiency in businesses with effective stablisation and utilisation of the inventories. Inventory conveys the stock held in by the business for sale in the normal course of the business. The paper focuses an exploratory framework of the role of handling inventory with its proper management. 152 wholesalers in district Udhampur of J&K State were contacted through snowball referral sampling. 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 data after purification and validation through factor analysis were subjected to multivariate tools. The results of hierarchal regression model and ANOVA revealed reduction in costs, economy and efficiency, and inventory stablisation being the predictors of proper inventory management. Further, it was noticed that wholesalers with different qualification significantly differ with regard to handling inventory and their management; with different previous work experience do not significantly differ in handling inventory and their proper management; and wholesalers in different locations do not differ significantly with regard to inventory management and handling.Keywords
Inventory, Planning, Management, Wholesalers, Supply ChainReferences
- Bartezzaghi, E., Spina, G., & Verganti, R. (1995). Leadtime models of business processes. International Journal of Operations & Production Management, 14(5), 5-20.
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- Establish Inc./Herbert W. Davis & Co. (2006). Logistics cost and service 2005, Paper Presented at Council of Supply Chain Management Professionals Conference, Retrieved from www. establishinc.com.
- European Logistics Association/A.T. Kearney (2004). Differentiation for Performance, Deutscher Verkehrs- Verlag GmbH, Hamburg. Field, A. P. (2004). Discovering
- Statistics Using SPSS for Windows, London, Sage Publications, 619-672.
- Forrester, J. (1961). Industrial Dynamics, MIT Press, New York, NY.
- Gordon, L. A. & Narayanan, (1984). Management accounting systems, perceived environmental uncertainty and organisational structure: An empirical investigation. Accounting, Organisations and Society, 19(1), 330-348.
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- Kakati, R. P., & Dhar, U. R. (2002). Competitive strategies and new venture performance. Vikalpa, 27(3), 13-24.
- Koufteros, X. A., Vonderembse, M. A., & Doll, W. J. (1998). Developing measures of time-based manu facturing. Journal of Operations Management, 16(1), 21-41.
- Lee, H. L. (2002). Aligning supply chain strategies with product uncertainties. California Management Review, 44(3), 105-119.
- Min, S., Mentzer, T. J. & Ladd, T. R. (2007). A market orientation in supply chain management. Journal of Academy of Marketing Science, 22, 14-27.
- Naylor, J. B., Naim, M.M. and Berry, D. (1999). Leagility: Integrating the lean and agile manufacturing paradigms in the total supply chain. International Journal of Production Economics, 62, 1/2, 107-118.
- Radnor, J. Z. & Boaden, R. (2004). Developing an understanding of corporate Anorexia. International Journal of Operations & Production Management, 24(4), 424-440.
- Suri, R. (1998). Quick Response Manufacturing, Productivity Press, Portland, OR.
- Womack, J. P., Jones, D.T. & Roos, D. (1990). The Machine that Changed the World, Rawson Associates, New York, NY.
- Wong, A., Tjosvold, D., & Zhang, P. (2005). Supply chain management for customer satisfaction in China: Interdependence and cooperative goals. Asia Pacifi c Journal of Management, 22, 179-199.
- Ranking of Recompenses Apprehended through Proficient Inventory Management and Control in Cement Industry
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Authors
Affiliations
1 Department of Commerce, University of Jammu, Udhampur campus, Jammu & Kashmir, IN
2 Department of Commerce, University of Jammu, Jammu & Kashmir, IN
1 Department of Commerce, University of Jammu, Udhampur campus, Jammu & Kashmir, IN
2 Department of Commerce, University of Jammu, Jammu & Kashmir, IN
Source
Journal of Supply Chain Management Systems, Vol 4, No 1&2 (2015), Pagination: 10-15Abstract
The present research highlights some of the important benefits that proper inventory management assures, through the assistance of primary data collected from eight small scale cement firms operating in SIDCO&SICOP, under DIC (District Industries Centre) in District Udhampur of Jammu&Kashmir State. The main recompenses apprehended were "Assists in cost reduction", "Satisfied customers", "Liaison with market", and "Builds goodwill". The results of the ranking table revealed that the variable "Assists in cost reduction" scores highest mean rank as it accrued to be the main benefit derived by the cements industry. The variable "Satisfied customers" received second rank followed by "Liaison with market" with rank three due to larger market distances and erratic production schedule. The variable "Builds goodwill" received the fourth rank.Keywords
Inventory, Control, Management, Cement Industry, SSIs (Small Scale Industries).- Mean Ranking of Variables Enhancing Supply Chain Performance in Small Manufacturing Firms
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Authors
Affiliations
1 Department of Commerce, University of Jammu, Udhampur Campus, Jammu & Kashmir, IN
1 Department of Commerce, University of Jammu, Udhampur Campus, Jammu & Kashmir, IN
Source
Journal of Supply Chain Management Systems, Vol 3, No 4 (2014), Pagination: 7-12Abstract
Supply chain performance deals with the efficiency in handling supply chain relations between manufacturers, wholesalers, retailers, agents, customers etc. The present study highlights the prominent variables that enhance the supply chain performance in 44 small scale units operating in district Udhampur of J&K State divided into ten lines of operations. The primary data reflecting the research portray was ascertained by its empirical analysis. BTS and Cronbach-alpha stood as the main evaluators for assessing the validity and reliability of the scales in the construct. The results of ranking tables revealed that the variables that enhance supply chain performance are "Duration of relationships", "Firm size", "Individual experience", and "Commitment". Duration of relationships is assigned rank one by almost all managers of manufacturing firms. Firm size is accorded second rank, and third rank was accredited to commitment followed by individual experiences with rank four. Commitment received moderate response. The overall mean scores is divulged and discussed in the present research.Keywords
Supply, Chain, Performance, Small Scale Industries (SSIs).- Commitment and Business Relationships: Evidences from Small Scale Industries
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Authors
Affiliations
1 Department of Commerce, University of Jammu, Udhampur campus, Jammu & Kashmir, IN
2 Dept. of Commerce, University of Jammu, Jammu & Kashmir, IN
1 Department of Commerce, University of Jammu, Udhampur campus, Jammu & Kashmir, IN
2 Dept. of Commerce, University of Jammu, Jammu & Kashmir, IN
Source
Journal of Supply Chain Management Systems, Vol 5, No 1 (2016), Pagination: 46-53Abstract
The paper flashes on the eminent role that commitment portrays in business enthusiasm. The research divulges empirical results on the foundation of data collected from 44 small scale industries functioning in District Udhampur of J&K State. The primary data so collected were subjected to factor analysis in order to reduce the unwanted statements. The KMO and Cronbach Alpha values revealed significance of the construct. The results of CFA confirmed all the statements so obtained from EFA. The results of hierarchical linear regression revealed that commitment among business partners ensures timely performance of business activities, commitment paves way for business success and commitment leads to development of trust&cooperation among business parties. The upcoming monsoon season might bring a whole new set of problems as the particular problem could again play a critical role in damaging profits.Keywords
Commitment, Business, Relationships, Small Scale Industries (SSIs).- Transportation Management System Functions and Performance Amplifying the Span of Small Scale Firms
Abstract Views :201 |
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Authors
Affiliations
1 Department of Commerce, University of Jammu, Udhampur Campus, Jammu & Kashmir, IN
1 Department of Commerce, University of Jammu, Udhampur Campus, Jammu & Kashmir, IN
Source
Journal of Supply Chain Management Systems, Vol 5, No 4 (2016), Pagination: 61-67Abstract
The modern world is largely encompassed with transportation management system as the world aspires newer and wider products and the business fulfils their aspirations with the assistance of effective transportation management system. The present research explicates some of the important functions performed by transportation management system. The research is carried out on small scale firms operating in District Udhampur of J & K State. The empirical analysis of the research is done on the basis of primary data gathered from small scale firms' managers. The variables/functions taken into consideration for the research purpose are: "Transportation cost and service quality", "Routing and mapping", "Carrier selection and management", and "Real time Tracking". The results of the ranking table exposed that the variable "Routing and mapping" secured first rank, "Transportation cost and service quality" achieved rank second. Third rank is secured by the variable "Carrier selection and management" and "Real time Tracking" gained fourth rank. Further, the results of the linear hierarchal regression revealed that transportation management system ensures proper routing and mapping of the stock in small scale firms.Keywords
Transportation Management System (TMS), Small Scale Firms, Functions, Performance.- Ranking of Risk-Mitigation Strategies of Inventory Apprehended in Cement Industry to Foster Panache Supply Chain
Abstract Views :151 |
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Authors
Affiliations
1 Dept. of Commerce, Govt. Degree College (Boys), Udhampur, Jammu & Kashmir, IN
1 Dept. of Commerce, Govt. Degree College (Boys), Udhampur, Jammu & Kashmir, IN
Source
Journal of Supply Chain Management Systems, Vol 7, No 2 (2018), Pagination: 37-44Abstract
Inventory is of paramount importance when we talk of any businesses as the business laurels depends upon the apt inventory holdings. The proper supply of inventory keeps the business and the economy working as inventory only decides the business success or failure. Inventory no doubt is imperative in business, but it’s not free from numerous risks. The present research paper exaggerates some of the Risk-Mitigation Strategies adopted by cement industry with the collection of primary data obtained from eight small-scale cement firms functioning in SIDCO & SICOP, registered under DIC (District Industries Center) in District Udhampur of Jammu & Kashmir State. The key Risk-Mitigation Strategies adopted by these small-scale cements firms are “Safety Stock”, “Accurate Forecasting”, “Collaboration with Customers”, and “Transportation Advantages”. The results of the ranking table revealed that the variable “Safety Stock” scored the highest mean rank, as it seems to be the basic strategy adopted in order to cure inventories and derive profits out of apt inventory holdings. The factor “Accurate Forecasting” received second rank. Subsequently, the variable “Collaboration with Customers” emerged with rank three as it can mitigate the risk successfully and finally the variable “Transportation Advantages” contoured with forth rank.Keywords
Inventory, Risk, Control, Mitigation, Cement Industry, SSI’s (Small-Scale Industries).References
- Bartezzaghi, E., Spina, G., & Verganti, R. (1995). Lead-time models of business processes. International Journal of Operations & Production Management, 14(5), 5-20.
- Chopra, S., & Sodhi, M. S. (2004). Managing Risk to Avoid Supply-chain Breakdown. MIT Sloan Management Review, Fall, 53-61.
- Christopher, M., & Peck, H. (2004). Building the resilient supply chain. International Journal of Logistics Management, 15(2), 1-13.
- Establish Inc./Herbert W. Davis & Co. (2006). Logistics Cost and Service 2005, paper presented at Council of Supply Chain Management Professionals Conference, Retrieved from www.establishinc.com.
- European Logistics Association/A.T. Kearney (2004). Differentiation for Performance. Deutscher Verkehrs-Verlag GmbH, Hamburg.
- Forrester, J. (1961). Industrial Dynamics. MIT Press, New York, NY.
- Harland, C. M. (1996). Supply chain management: Relationships, chains, and networks. British Journal of Management, 7, 63-80.
- Huang, M., Ding, J., IP, W. H., Yung, K. L., Liu, Z., & Wang, X. (2006). The research on the optimal control strategy of a serial supply chain. ICNC, Part 1, LNCS 4221, pp. 657-665.
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- Koufteros, X. A., Vonderembse, M. A., & Doll, W. J. (1998). Developing measures of time-based manufacturing. Journal of Operations Management, 16(1), 21-41.
- Kumar, N. R. (2014). Optimisation of supply chan network modeling and performance measurement in flow of production. Journal of Supply Chain Management Systems, 3(4), 1-8.
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- Lee, H. L. (2002). Aligning supply chain strategies with product uncertainties. California Management Review, 44(3), 105-119.
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- Min, S., Mentzer, T. J., & Ladd, T. R. (2007). A market orientation in supply chain Management. Journal of Academy of Marketing Science, 22(Jan), 14-27.
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- Naylor, J. B., Naim, M. M., & Berry, D. (1999). Leagility: Integrating the Lean and Agile Manufacturing Paradigms in the Total Supply Chain. International Journal of Production Economics, 62(1/2), 107-118.
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- Order Processing Process in Physical Distribution Adopted by Small Scale Cements Manufacturing Firms
Abstract Views :174 |
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Authors
Affiliations
1 Dept. of Commerce, Govt. Degree College (Boys), Udhampur, Jammu & Kashmir, IN
1 Dept. of Commerce, Govt. Degree College (Boys), Udhampur, Jammu & Kashmir, IN
Source
Journal of Supply Chain Management Systems, Vol 7, No 3 (2018), Pagination: 8-15Abstract
Order processing is generally the process that is associated with the picking, packing and delivery of the products to the shipping carrier. If an order is received by an organization, it should be immediately and accurately processed by the organization. If processing is done efficiently and effectively, both the organization as well as the customer are benefitted. The present research paper focuses on the steps adopted by the small scale cements manufacturing units or by the cements industry with the collection of primary data obtained from eight small scale cement firms functioning in SIDCO & SICOP, registered under DIC (District Industries Center) in District Udhampur of Jammu & Kashmir State. The various steps that are adopted by the eight small scale cements manufacturing units are “Receiving of order”, “Recording of order”, “Filling of order” and “Assembling orders for transportation”. The results of the ranking table revealed that the variable “Receiving of order” scored the highest mean rank as it perceived to the first and foremost step of order processing. The factor “Recording of order” scored second rank. Consequently the variable “Filling of order” materialized with rank three and finally the variable “Assembling orders for transportation” emerged with fourth rank. Further, the results of regression analysis revealed that proper order processing leads to effective fulfillment of orders as represented by its significant value. The study however is restricted to the small scale manufacturing units operating in the one District only.Keywords
Order, Processing, Distribution, Cement Industry, SSI’s (Small Scale Industries).References
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