Mathematical Analysis of Supply Chain Implementation on Indian Automotive Sector: An Information Communication Based Approach

Open Access

Year : 2022 | Volume : | Issue : 2 | Page : 7-17
By

    Sumit Chandak

  1. Amit Chandak

  1. Associate Professor, Shri Vaishnav Vidyapeeth Vishwavidyalaya, Madhya Pradesh, India
  2. Associate Professor, Institute of Engineering & Science, A.B. Road, Indore, Madhya Pradesh, India

Abstract

Technology is rapidly and continually evolving. Implementation of E-Business Processes (EBPR) within Supply Chain Practices is required in order to maximize revenue and customer satisfaction. Adoption of technical instruments in Information-Technology (IT) inside the Supply-Chain Process (SCP) is necessary to acquire competitive advantages. In order to obtain a competitive advantage, supply chain professionals must use cutting-edge technology technologies. Supply chain managers are now under pressure in every industry to increase profits and please customers. As a consequence, Supply Chain managers can improve Supply Chain performance and gain a competitive edge by implementing E-Business Operations and IT tools. Adoption of IT tools improves supply chain performance (SCPR), and also client satisfaction and SCP costs. Due to the cost savings, the product could be provided to clients for a fair price. India’s automobile industry has been steadily expanding for the past two decades, but also confronting increasing worldwide competition. As a result, in order to compete globally, they must offer products at a fair price that are of high quality. Implementing E-Business processes in SCP will boost SCPR and give Indian automobile manufacturers a competitive advantage (IAI). Companies may readily obtain the most up-to-date information within SP thanks to the use of IT tools. This research examines how EBPR affects SCPR in the context of IAI. As an
dependent variable, increases in operational excellence, inventory control, logistics, supply chain, and supply chain are tested.

Keywords: Supply chain management, e-business process, information technology, supply chain process, supply chain performance.

[This article belongs to E-Commerce for Future & Trends(ecft)]

How to cite this article: Sumit Chandak, Amit Chandak Mathematical Analysis of Supply Chain Implementation on Indian Automotive Sector: An Information Communication Based Approach ecft 2022; 9:7-17
How to cite this URL: Sumit Chandak, Amit Chandak Mathematical Analysis of Supply Chain Implementation on Indian Automotive Sector: An Information Communication Based Approach ecft 2022 {cited 2022 Jul 28};9:7-17. Available from: https://journals.stmjournals.com/ecft/article=2022/view=97473

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Regular Issue Open Access Article
Volume 9
Issue 2
Received May 10, 2022
Accepted July 18, 2022
Published July 28, 2022