Critical Success Factors for the Implementation of Supply Chain Management in SMEs
G. Hariharan1, P. Suresh2, C. Sagunthala3
1G. Hariharan, Assistant Professor, Department of Management, Karpagam Academy of Higher Education Research Scholar, Bharathiar University, Coimbatore (Tamil Nadu), India.
2Dr. P. Suresh, Professor & COE, Muthayyaml Engineering College, Rasipuram (Tamil Nadu), India.
3Dr. C. Sagunthala, Assistant Professor, Department of Management, Karpagam Academy of Higher Education, Coimbatore (Tamil Nadu), India.
Manuscript received on 26 April 2019 | Revised Manuscript received on 03 May 2019 | Manuscript Published on 08 May 2019 | PP: 540-543 | Volume-7 Issue-5S3 February 2019 | Retrieval Number: E11950275S19/19©BEIESP
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: The aim of this study is to find the critical success factors (CSFs) for the successful implementation of supply chain management in auto-components-manufacturing units Small Medium Enterprises–(SMEs), in Coimbatore district. The research method used was descriptive analysis, and the primary data were by structured questionnaires collected from 60 respondents of SMEs. The data were analyzed using mean, standard deviation, rank and Cronbach’s Alpha. The findings show that ten CSFs namely, involvement of top management, collaboration with supply chain partners, information sharing, use of sophisticated technologies, less rigid production system, improvement in competitive priorities, long term goals, product differentiation, innovation as well as inventory Management, are identified for a successful execution of SCM in SMEs. The result also shows that SMEs should focus more on product differentiation, innovation and inventory management.
Keywords: Supply Chain Management, Smes, Auto Components Manufacturing Companies.
Scope of the Article: Disaster Management