Impact of Supplier Development and Inventory Control on Supply Chain Effectiveness in Manufacturing Companies of Pakistan
The purpose of this research is to study the impact of supplier development and inventory control on supply chain effectiveness in manufacturing companies of Pakistan. Self-administered questionnaires were used to collect data from the supply chain professionals working in different manufacturing companies of Pakistan. The study utilizes sample size of 200 and applying different statistical analysis such as Factor analysis, correlation and multiple regressions to check the hypothesis. The result indicates that supplier development and inventory control are significantly correlated with supply chain effectiveness. The result further explains that supplier development and inventory control have a significant and positive impact on supply chain effectiveness of manufacturing companies in Pakistan. Findings are helpful to supply chain practitioners and management in implementing a supply chain strategy that focuses on modern procurement procedures minimum use of inventory hence contributing in supply chain effectiveness. This will ultimately benefits the manufacturing companies in winning competitive advantage.Â
Akmal, A. O., Sundram, V. P. K., Nazura, M. S., and Atikah, S. B. (2016). The relationship between supply chain integration, just-in-time and logistics performance: A supplier's perspective on the automative industry in Malaysia. International Journal of Supply Chain Management, 44-51.
Arawati, A. and Zafaran, H. (2008), â€œThe strategic supplier partnership in a supply chain management with quality and business performanceâ€, International Journal of Business and Management Science, Vol. 1 No. 2, pp. 129-145.
Asare A.K., Brashear, T.G., Yang, J., and Kang, J. (2013). The relationship between supplier development and firm performance: The mediating role of marketing process improvement. Journal of Business & Industrial Marketing, 523-532.
Chopra, S. and Sodhi, M. S. (2004). Managing risk to avoid supply chain breakdown. Sloan Management Review, 53-61
Fisher, M. (1997). What is the right supply chain for your products? Harvard Business Review, 105-116.
Ganeshan, R. (1999). Managing supply chain inventories: A multiple retailer, one warehouse, multiple supplier model. International Journal of Production Economics, 341-354.
Giunipero, L. C. and Eltantawy, R. A. (2004). Securing the upstream supply chain: A risk management approach. International Journal of Physical Distribution and Logistics Management, 698-713.
Hair, J. F., Anderson, R. E., Tatham, R. L., & Black, W. C. (2005). Multivariate data analysis. New Jersey: Prentice-Hall.
Hallikas, J., Karvonen, I., Pulkkinen, U. and Virolainen, V. M. (2004). Risk management process in supplier network. International Journal of Production Economics, 47-58.
Happek, S. (2005). Supply Chain Strategy: The Importance of Aligning Your Strategies. UPS Supply chain solutions, pp. 02-05.
Hearnshaw, E. J. S. and Wilsom, M. M. J. (2013). A complex network approach to supply chain network theory. International Journal of Operations and Production Management, 442-469
Ibrahim, A. R., Zolait, A. H., and Sundram V. P. K. (2010). SCM Practices and Firm Performance: An Empirical Study of the Electronics Industry in Malaysia. International Journal of Technology Diffusion, 48-55.
Iqbal, B., & Siddiqui, D. A. (2017). Factors Influencing Selection of Container Shipping Lines in Pakistan â€“ A Logistics Perspective. Asian Business Review, 7(1), Art. #4, pp. 35-44. https://doi.org/10.18034/abr.v7i1.8
Kannan, V. R. and Tan, K. C. (2006). Buyer-supplier relationship: The impact of supplier selection and buyer-supplier engagement on relationship and firm performance. International Journal of Physical Distribution and Logistics Management, 755-775
Kersten, W., Boger, M., Hohrath, P. and Spath, H. (2006). In an empirical approach to supply chain risk management: development of a strategic framework in managing risk in supply chain: how to build reliable collaboration in logistic.
Khan, J.A.; Deng, S.; and Khan, M.H.A.K (2016), An Empirical Analysis of Inventory Turnover Performance Within a Local Chinese Supermarket, European Scientific Journal, vol.12, No.34. DOI: http://dx.doi.org/10.19044/esj.2016.v12n34p145
Kotler P., and Roberto (2002). Social Marketing Improving the Quality of Life, 2nd Edition. New Jersey: Prentice Hall.
Krause, D. R., and Ellram, L. M. (1997). Critical elements of supplier development: Buying firm perspective. Europe Journal of Purchasing & Supply Chain Management, 21-31.
Lavely, R. (1996), â€˜â€˜Can you profit from improved inventory controlâ€™â€™, Auto Inc Magazine, Vol. XLIV No. 3.
Li, S., Ragu-nathanb, B., Ragu-nathanb, T. S. (2006). The impact of supply chain management practices on competitive advantage and organizational performance. Omega International Journal of Management Science, v.34, n.2, p.107â€“124.
Modi, S. B. and Mabert, V. A. (2007). Supplier development: Improving supplier performance through knowledge transfer. Journal of Operations Management, 42-64.
Nadeem, K., & Siddiqui, D. A. (2017). The Effect of Strategic Orientation on Green Supply Chain Practices and Performance: A Case of Manufacturing Companies in Pakistan. Asian Business Review, 7(2), Art. #8, pp. 59-70. https://doi.org/10.18034/abr.v7i2.12
Ng, S., Partington, E. and Sculli, D. (1993). A computer system for inventory management of lighting products: A case study. Computer in Industry, 71-79.
Noraizah, A. B., Peszynski, K., Azizan, N., and Sundram, V. P. K. (2016). Abridgment of Traditional Procurement and E-Procurement: Definitions, Tools and Benefits. Journal of Emerging Economies and Islamic Research,
Norman, A. A. (2004). Categorization of supply chain risk and risk management. Ashgate Publishing Limited.
Obayi, R.; Koh, S.C.; Oglethorpe, D. Ebrahimi, S.M. (2017) "Improving retail supply flexibility using buyer-supplier relational capabilities", International Journal of Operations & Production Management, Vol. 37 Issue: 3, pp.343-362, https://doi.org/10.1108/IJOPM-12-2015-0775
Oke, A and Gopalakrishnan, M. (2008). Managing distruptions in supply chains: A case study of a retail supply chain. International Journal of Production Economics, 168-174
Pallant J. (2005). SPSS survival manual: A step guide to data analysis using SPSS for windows version 12
Presutti, W. (2003). Supply management and e-procurement: creating value added in the supply chain. Industrial Marketing Management, 219-226.
Saunders, M., Lewis, P. and Thornhill, A. (2009) Research Methods for Business Students. Pearson, New York.
Sekaran, U. (2003) Research Methods for Business: A Skill-Building Approach. 4th Edition, John Wiley & Sons, New York.
Sultan, H., & Siddiqui, D. A. (2017). Impact of Shipping Knowledge and Absorptive Capacity on Logistical Value of 3PL Firms in Pakistan. Asian Business Review, 7(3), Art. #11, pp. 85-90. https://doi.org/10.18034/abr.v7i3.15
Sundram, V. P. K., Chandran, V. G. R., and Ibrahim, A. R. (2011). Supply chain management practices in the electronics industry in Malaysia: Consequences for supply chain performance. Benchmarking: An International Journal, 834-855
Titus, S., Mburu, T., Koror, J., & Muathe, S. (2012). Environmental Factors that influence Supply Chain Management Implementation in the Manufacturing Industries in Kenya: A Case of Manufacturing Industries in Nairobi, Kenya. ABC Journal of Advanced Research, 1(2), 104-111.
Uzair, K., & Siddiqui, D. A. (2018). Factors Influencing Logistics Outsourcing in Pakistan. Asian Business Review, 8(1), Art. #2, pp. 13-20. https://doi.org/10.18034/abr.v8i1.3
Wagner, S. M. and Krause, D. R. (2009). Supplier development: communication approaches activities and goals. International Journal of Production Research, 361-377
Copyright (c) 2018 Rida Shakeel, Danish Ahmed Siddiqui
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.