Title: Unleashing hidden potentials for loss reduction in a paint manufacturing industry through an efficient responsive supply chain risk management model

Authors: D. Elangovan, G. Sundararaj, S.R. Devadasan, P. Karuppuswamy, J. Tennis Anthuvan

Addresses: Department of Mechanical Engineering, Karpagam College of Engineering, Mayileripalayam, Othakkal Mandapam (PO), Coimbatore 641 032, Tamilnadu, India. ' Department of Mechanical Engineering, PSG College of Technology, Coimbatore 641 004, Tamilnadu, India. ' Department of Production Engineering, PSG College of Technology, Coimbatore 641 004, Tamilnadu, India. ' Department of Mechanical Engineering, Sri Ramakrishna Engineering College, Coimbatore 641 022, Tamilnadu, India. ' Department of Quality Assurance, M/S WELBRO Paints Private Limited, Coimbatore 641 006, Tamilnadu, India

Abstract: In the competitive industrial scenario, it is essential for organisations to refine and redefine their current supply chain strategies to hold a place in the market. In this research work, the major time delays in supply chain of a paint manufacturing industry have been examined. An efficient responsive supply chain risk management model has been developed to analyse these issues by unleashing hidden potentials for loss reduction. A significant time delay has been identified and corrective measures have been recommended for implementation. The effectiveness of the performance of the system can be assessed by the loss reduction in paint manufacturing.

Keywords: hidden potentials; loss reduction; paint manufacturing; performance; risk management; supply chain risk; syupply chain management; SCM; system; time delay.

DOI: 10.1504/IJBSR.2009.023509

International Journal of Business and Systems Research, 2009 Vol.3 No.1, pp.93 - 118

Published online: 25 Feb 2009 *

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