Title: Vendor Managed Inventory practices in Indian SMEs: select differences in manufacturing and service sector
Authors: Atul B. Borade; Satish V. Bansod
Addresses: Mechanical Engineering Department, Jawaharlal Darda Institute of Engineering and Technology, Yavatmal 445001, India ' Mechanical Engineering Department, Professor Ram Meghe Institute of Research and Technology, Bandera, India
Abstract: Organisations constantly strive to enhance its operational and financial performance through collaborative Supply Chain Management techniques. One of the collaboration techniques, Vendor Managed Inventory (VMI), is slowly getting rooted in Indian organisations. This paper focuses on the select differences pertaining to VMI issues in Indian the manufacturing and service sector of Small and Medium Enterprises (SMEs). Significant differences were found among these sectors. The results of the survey provide insights on the VMI issues in Indian SMEs. Enterprises that have adopted and those that are planning to adopt VMI could use the result for developing a framework within its boundary.
Keywords: SCM; supply chain management; VMI; vendor-managed inventory; inventories; small and medium-sized enterprises; SMEs; India; service industries; manufacturing industry; operational performance; financial performance; collaborative techniques; collaboration; logistics systems; logistics management.
DOI: 10.1504/IJLSM.2012.046701
International Journal of Logistics Systems and Management, 2012 Vol.11 No.4, pp.450 - 472
Published online: 28 Nov 2014 *
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