Optimization of Supply Chain Management Cost Reduction and Delivery Time Improvement

Year : 2025 | Volume : 15 | Issue : 01 | Page : 15-21
    By

    Johan George Cherian,

  • Vishnu Sudheesh,

  • Ajith Kumar K.T.,

  1. Assistant Professor, Department of Mechanical Engineering, Mangalam College of Engineering, Kottayam, Kerala, India
  2. Student, Department of Mechanical Engineering, Mangalam College of Engineering, Kottayam, Kerala, India
  3. Assistant Professor, Department of Mechanical Engineering, Mangalam College of Engineering, Kottayam, Kerala, India

Abstract

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Management of the supply chain is vital for every company’s success. Businesses can cut expenses and speed up delivery by effectively regulating the flow of goods and services. In this study, we will explore the various strategies and best practices in supply chain management that can help achieve these objectives. We will delve into the importance of efficient sourcing, inventory management, and logistics to streamline operations and optimize the supply chain. Furthermore, we will examine how leveraging technology and data analytics can bring about significant improvements in cost reduction and delivery efficiency. By conducting an in-depth investigation, we hope to offer useful information to companies trying to improve their supply chain operations. Businesses can gain an advantage over their competitors by cutting expenses and speeding up shipments by putting good supply chain management techniques into practice. Delivery time improvement is addressed through improved logistics coordination, real-time tracking systems, and enhanced collaboration among stakeholders. The integration of smart transportation networks, dynamic scheduling and adaptive planning enables companies to respond swiftly to demand fluctuations and disruptions. Simulation and modeling techniques are employed to identify bottlenecks and streamline operations, ensuring timely and accurate product delivery. This research combines theoretical frameworks with case studies from industries such as manufacturing, retail, and e-commerce to validate the effectiveness of the proposed optimization strategies. The results indicate that a well-optimized supply chain not only reduces operational costs significantly but also enhances customer satisfaction through timely delivery. Ultimately, the study underscores the importance of continuous improvement and technological integration in achieving a resilient and agile supply chain.

Keywords: Inventory management, demand forecasting, supplier management, supply chain visibility, streamlining

[This article belongs to Journal of Production Research & Management ]

How to cite this article:
Johan George Cherian, Vishnu Sudheesh, Ajith Kumar K.T.. Optimization of Supply Chain Management Cost Reduction and Delivery Time Improvement. Journal of Production Research & Management. 2025; 15(01):15-21.
How to cite this URL:
Johan George Cherian, Vishnu Sudheesh, Ajith Kumar K.T.. Optimization of Supply Chain Management Cost Reduction and Delivery Time Improvement. Journal of Production Research & Management. 2025; 15(01):15-21. Available from: https://journals.stmjournals.com/joprm/article=2025/view=0


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Regular Issue Subscription Review Article
Volume 15
Issue 01
Received 12/07/2024
Accepted 05/05/2025
Published 14/05/2025
Publication Time 306 Days
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