ISSN 2394-5125
 


    Supply Chain Management Practices and their Impact on Business Performance-A Quantitative Investigation (2020)


    Himanshu Kargeti
    JCR. 2020: 3962-3972

    Abstract

    Supply chain management practices in determining the performance and success of businesses. Identified key practices that exert a significant impact on business outcomes. The findings unequivocally demonstrate that adept supply chain management practices have a positive effect on various dimensions of business performance. To begin adoption of principles and the implementation of invent enhance segment techniques substantially enhance operational efficiency. Furthermore, the implementation of robust supplier management strategies fosters strong and mutually beneficial relationships with suppliers, thereby ensuring the delivery of superior quality inputs and timely shipments. Consequently, both product quality and customer satisfaction are positively influenced. In addition, the effective utilization of demand forecasting and collaborative planning practices enhances the accuracy of demand prediction, resulting in the minimization of stockouts and excess inventory. Consequently, customer service levels and profitability are significantly improved. Moreover, our research underscores the criticality of integrating technology and sharing information within the supply chain. This, in turn, better decision-making, reduced times, and increased agility in responding to evolving customer demands. The significance of supply chain management practices in driving business is strongly emphasized by our findings

    Description

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    Volume & Issue

    Volume 7 Issue-8

    Keywords