SUPPLY CHAIN IN INDIA “2011-2015” ? A REVIEW: CHALLENGES, SOLUTION FRAMEWORK AND KEY BEST PRACTICES
Journal: International Journal of Management (IJM) (Vol.6, No. 10)Publication Date: 2015-10-26
Authors : PRADIP KUMAR KRISHNADEVARAJAN DEEPAK MUTHUKRISHNAN S. BALASUBRAMANIAN; N. KANNAN;
Page : 135-149
Keywords : Supply Chain Challenges; Best Practices; Solutions; Supplier Management; Inventory Management; Supply Chain Framework; Iaeme Publication; IAEME; Research; Engineering; Management; Business; IJM;
Abstract
Supply chain processes and challenges in India have been so dynamic and are going through rapid changes. To understand where these changes stem from and also to determine the current status with respect to challenges in supply chain management, a two pronged approach is adopted and executed. The results of the approach are presented in this paper. The first step is to review current status based on literature review of available-published research (articles, journals, magazines, interview, etc.) between the years 2011 and 2015. The second step is to get industry perspective (interviews, surveys, meetings with business executives in India) to understand pressing issues that they face in handling their supply chain. Based on these two steps, a solution framework (supply chain challenges grouped under 15 categories), list of key best practices, and two specific action items (processes) are provided to help companies set a plan (short term, medium and long terms) and navigate through their supply chain challenges.
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