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• W2188601412 abstract "The supply chain management literature emphasises the need and importance of Supply Management Orientation (SMO) and its impact on Supplier Performance (SP) and Buyer Performance (BP). In this paper, we study these hypotheses in Indian automobile industries taking up the companies that are closely associated with an automobile giant in India. We study the confirmatory analysis of these constructs of the SMO impacting SP and BP in the first phase. In the second phase, we expand the scope of the constructs and variables as encounter ed in the present study and verify all the hypotheses relating to SMO, BP and SP using structural equations modeling. In the third phase, we study the buyer-supplier relationships with behavioural variables and study the dimensions on which the relationships can be strengthened. Best practices in supply chain management emphasise that companies that work in close partnership with their key vendors are able to take advantage of their suppliers' special competencies, leveraging them to achieve significant operational, economic and productivity benefits. Not surprisingly, many high performing companies employ supplier partnerships as a tool to help expand both market share and market size. By working together across the supply chain, these companies are able to pool talents and resources, yielding substantial gains in cost, quality, flexibility, system responsiveness, and overall performance. The positive impact of the supply chain management on a firm's performance has been reported from many industries. P&G has generated more than US$325 million in supply chain savings by using Continuous Replenishment Program and Efficient Customer Response. In the automobile industry, Chrysler launched Supplier Cost Reduction Effort (SCORE), a supplier involvement program and announced that it achieved more than US$1.2 billion in cost savings through 1997 due to the SCORE program. Also, Honeywell Industrial Automation and Control reported a 90% reduction of product defect rates based on its supply management program during the period of 1990 through 1996 (Shin et al., 2000)." @default.
• W2188601412 created "2016-06-24" @default.
• W2188601412 creator A5064338497 @default.
• W2188601412 date "2008-01-01" @default.
• W2188601412 modified "2023-09-27" @default.
• W2188601412 title "Supply Management Orientation and its Effect on Buyer/Supplier Performance: Some Insights from Automobile Industry in India" @default.
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