A CORRELATION STUDY BETWEEN THE DIMENSIONS OF SUPPLY CHAIN FLEXIBILITY AND PERFORMANCE OF MANUFACTURING FIRMS
Journal: International Journal of Advanced Research in Engineering and Technology (IJARET) (Vol.11, No. 03)Publication Date: 2020-03-31
Authors : PREMSANKAR.R T.JEYAPOOVAN; PRAMOD VR;
Page : 424-436
Keywords : Supply Chain; Manufacturing;
Abstract
This paper examines the interplay between the several Supply Chain Flexibility dimensions and the Performance of the Firm with the samples of Indian Manufacturing Firm. This study is inclusive of an empirical survey of an illustrative sample of the top 10 Manufacturing firms in Chennai, India. The research study was conducted utilizing the quantitative data gathered from 400 respondents from 10 manufacturing firms in India. A positive relation was found through the empirical study that indicated the contributing factors of the supply chain flexibility to be significant on the firm performance and also on the innovation of the manufacturing firms. The results attained from the present empirical study leads to a better comprehension of the underlying aspects of the suppliers' flexibility and agility on the performance and innovation of the manufacturing firms. This empirical study analyses and provides the fundamental interplay between the flexibility of the supply chain and the performance of the firm, providing an organized frame of the various supply chain flexibility
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