research on supplu chain managment .pptx

yoginibeautyparlour 15 views 24 slides Oct 16, 2024
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About This Presentation

presetaion about retailing


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SUMMER INTERNSHIP ON The Impact of supply chain management on overall performance of the organization PRESENTED BY: pushti ramanuj ENROLMENT NUMBER : 23mg1110144 GUIDED BY: dr.vaidehi shukla BATCH 2023-25 1

Introduction of company Established under Mr. Bhavin Mehta an industrial veteran in the field Premier Polymers has gone on to become a revered name in the domain of high precision industrial laboratory equipment’s of supreme quality. Based in Ahmedabad region of Gujarat, we deal in the aforesaid category of products that include but are not limited to, Laboratory Taps, P.P. Duct Damper, Plastic Holding Products and Parts for Air Handling Units. 2 Nature of Business or industry -They are Manufacturer unit and industry is laboratory products Legal Status of Firm -Partnership Firm Registered under Indian Partnership Act 1932 .

Introduction of company Vision of premier polymers Compnay vision is leading position in the laboratory manufacture industry and supplying high quality and sustainable product to the buyer. Mission of premier polymers Compnay mission is to reach all over the world and leading in India through total quality, latest technology and the best customer service. Primary Competitive Advantage - Good Financial Position & TQM - Large Production Capacity - Provide Customized Solutions - Large Product Line 3

Introduction of Topic TOPIC : - The Impact of supply chain management on overall performance of the organization 4 What is supply chain management? - The management of the flow of goods and services and includes all processes that transform raw materials into final products. - This can include sourcing, design, production, warehousing, shipping, and distribution.

Introduction of Topic 5 What is supply chain management process? 1 ) Planning 2 ) Sourcing 3 ) Manufacturing 4 ) Logistic and Distribution 5 ) Retail and customer delivery 6 ) Monitoring

Introduction of Topic 6 Factor affecting in supply chain management External factor Internal factor Governmental Financial Social Technological Environmental Demographic Information Technology Performance of Supply Chain Management Manufacturing Transportation issues

7 Author Name And Year Title Of The Paper Key Findings Matthew and Othman (2017) Shahzadi et al. “ Supply chain management drivers and competitive advantage in manufacturing industry ” Defines supply chain as a group of manufacturers, suppliers, distributors, retailers and transportation, information and other logistics management service providers that are engaged in providing goods to consumers. Naskar, Basu, and Sen (2017) “ Internet of things and supply chain management: a literature review” IoT brings several capabilities to aid supply chain management, such as cost-saving, inventory accuracy and product tracking. This model has been widely accepted in practice largely because of its ability to link processes to performance metrics and as such has been employed to conduct process centric views of supply chain. Akhtar,(2019) “ Evaluating Competitiveness in the Supply Chain Management of Small and Medium Scale Enterprises ” The significance and relevance of adopting and implementing sustainable supply chain management initiatives as economic drivers have created ecological, competitive, and financial incentives for those involved. Literature review

8 Author Name And Year Title Of The Paper Key Findings McKinnon & Hsiao, (2020) Raphael and Paul (2019) “Factors disrupting supply chain management in manufacturing industries” According to studies, a number of issues, including an aging workforce, a lack of trained workers, and an increase in automation, are to blame for the industrial sector's labour shortages. The findings demonstrated that a lack of workers could significantly affect the production system, resulting in increased production delays, higher inventory levels, increased production costs, and poor product quality. Raphael and Paul (2019) claim that diminished productivity, higher prices, and issues with quality assurance are the most prominent repercussions of labour shortages. Agarwal et al. (2018) “Factors disrupting supply chain management in manufacturing industries” According to evidence from numerous studies, supply chain disruptions can seriously affect the supply chain management of manufacturing businesses, leading to higher costs, production delays, decreased efficiency, and lower customer satisfaction. As a result, it is crucial that manufacturing sectors create plans to lessen the effects of disruptions on their supply chain. Literature review

Research Plan Components Particulars Research Design I have taken Descriptive research design for my survey Sampling frame The sample frame of this study is all Ahmedabad manufacturing unit . Sampling Unit The sample unit of data collection is who is SCM managers in company and have some basic knowledge and are familiar with terms. Sample size In my research project, I have used 105 sample size to study. Sampling method Questionnaire method Primary Data The primary data is collected from the structured questionnaire made in google forms through social media platform(WhatsApp) Secondary Data The secondary data is collected from various sources like Websites, Articles and reading material, Research paper. 9

Objectives of the Study 10 To study the supply chain management in the company 2. To the impact of scm factor affecting in manufacturing unit.

11 Interpretation Interpretation - The data was collected from the employees of various domains, including Finance managers, HR employees, operations and sales people. So, the data collection is holistic approach. Interpretation - From the 105 respondents, nearly 90% are using SCM Software and we will be considering those people for our further interpretation

12 Interpretation Interpretation - The reason for preferring AI is benefit for Warehouse efficiency, Demand forecasting, Cost savings, Operational efficiencies. SAP improve efficiency, reduce costs, and increase customer satisfaction. Microsoft Dynamics is a cloud-based enterprise resource planning (ERP) solution that can help organizations streamline their supply chain and manufacturing processes.  Oracle Cloud can help businesses manage supply chain activities and improve operations Cost savings in operations.

13 Interpretation Interpretation - The respondent’s responses suggested that iot, block chain and AI are used in the iot and block chain are equal proportion and AI is 33%. The reason for preferring AI provide Warehouse efficiency, Demand forecasting, Cost savings, Operational efficiencies Block chain technology can provide: Transparency Security ,Efficiency. The Internet of Things ( IoT ) can provide like Inventory management, Predictive maintenance

14 Interpretation Interpretation - Packaging: raw materials are well-packaged to prevent damage (24%) - ⁠ During storage: maintain proper storage condition (42%) - ⁠Testing of materials: accurate testing to meet quality standards (25%) - ⁠ Evaluating of defective raw materials: Proper processes are needed to detect defects early, isolate them from usable materials, and determine appropriate actions such as disposal or return to suppliers. (18%)

15 Interpretation Interpretation - In the process of supply chain management review of processes is very important. - According to resonance 40% unit are reviewing Monthly , 30.5 % are annually ,21% are quarterly and 8.6% are never reviewed. Interpretation - According to research for supply chain process many resources and tools are used for maintain data of customer. - So, this question shows how munch Satisfied responders for resource and tools use in organisations. -According responders 66% are satisfied, and 23% dissatisfied .

16 Interpretation Interpretation - In the process of supply chain management review of processes is very important. - According to resonance 40% unit are reviewing Monthly , 30.5 % are annually ,21% are quarterly and 8.6% are never reviewed. Interpretation - According to research for supply chain process many resources and tools are used for maintain data of customer. - So, this question shows how munch Satisfied responders for resource and tools use in organisations. -According responders 66% are satisfied, and 23% dissatisfied .

17 Interpretation Interpretation - As our research objectives this question are shown how much impact supply chain management on performance of Manufacturing unit. As per collected from different manufacturers company respondents 12.4% are strongly agree and 20% are agree and disagree ratio is 50.4 %. Interpretation - As our research objectives this question is help to know how much the working strategies of supply chain management department on the basis of the current programs. As response 26.7% are outstanding,16.2 % excellent and 30.5% are good,26.7% are average

18 Interpretation 10 ) What is the biggest challenges you face in supply chain management ? Interpretation - According my survey there are many challenges are facing like - Inventory management: Balancing the right amount of inventory - Cost control: Managing costs - Timing issues: Ensuring timely delivery of products - At time of storage and etc.      

19 Findings of the Study - We were entirely successful in gathering respondent reviews at the conclusion of the study, and this chapter summarizes the findings from chapter four, which focused on the particular goals based on the questionnaire responses. The majority of the data were gathered using a sample size of exactly 105 respondents . The study's conclusions support the idea that supply chain integration's customer satisfaction and loyalty programs significantly improve organizational performance in a variety of ways, including by implementing real-time visibility and tracking systems to increase delivery accuracy and decrease lead times, which in turn increases customer satisfaction . build trusting connections and alliances with suppliers to guarantee reliable quality and prompt delivery, increasing client loyalty; as a result, the study suggests that efficient and good planning impact on performance of organisation.

20 Conclusion In conclusion, supply chain management profoundly impacts an organization's overall performance by driving efficiency, reducing costs, and enhancing customer satisfaction. Effective SCM enables companies to optimize operations, manage risks, and respond agilely to market changes, thereby gaining a competitive edge. Additionally, sustainable supply chain practices contribute to corporate social responsibility and improved brand reputation. Ultimately, a well-managed supply chain is a key determinant of an organization’s success, influencing its ability to meet strategic goals, foster innovation, and achieve long-term sustainability.

21 Learnings from SIP At Premier Polymers, I learned about the concept of sales, purchase, production strategy, budgeting in detail. Even I got to learn about the importance of corporate environment, how it helps in huge organizations, how the sales activities are conducted through Indiamart and leads are generated . It helped me to enhance my communication skills as well. And hence most importantly I learned about the corporate ethics and tactics of organization . With this office employment, I received a lot of practical information from Premier Polymers Ltd. Which greatly enhanced my confidence and capacity to work with others, as well as enabled me to expand my knowledge It was an enriching experience, and I would like to express my heartfelt gratitude to the Sales and Finance teams, for their tremendous support and inspiration.

22 References Taghavi, E., Fallah pour, A., Wong, K. Y., & Hoseini, S. A. (2021). Identifying and prioritizing the effective factors in the implementation of green supply chain management in the construction industry. Kanike, U. K. (2023). Factors disrupting supply chain management in manufacturing industries. Journal of Supply Chain Management Science, 4(1–2), 1–24. https://doi.org/10.18757/jscms.2023.6986 Farooque, M., Zhang, A., Thurber, M., Qu, T., & Huisingh, D. (2019). Circular supply chain management: A definition and structured literature review. Journal of Cleaner Min, S., Zacharia, Z. G., & Smith, C. D. (2019). Defining Supply Chain Management: In the Past, Present, and Future. Journal of Business Logistics, 40(1), 44–55. Muangmee, C., Kassakorn, N., Khalid, B., Bacik, R., & Kott, S. (2022). Evaluating Competitiveness in the Supply Chain Management of Small and Medium Scale Enterprises. Journal of Competitiveness, 14(3), 93–112. Ben-Daya, M., Hassini, E., & Barhoum, Z. (2017). Internet of things and supply chain management: a literature review. International Journal of Production Research.

23 References Khan, S., Haleem, A., Khan, M., Abidi, M., & Al- Ahmari , A. (2018). Implementing Traceability Systems in Specific Supply Chain Management (SCM) through Critical Success Factors (CSFs). Sustainability, 10(2), 204. Chen, A. P. S., Huang, Y. F., & Do, M. H. (2022). Exploring the Challenges to Adopt Green Initiatives to Supply Chain Management for Manufacturing Industries. Sustainability, 14(20), 13516. Doan, T. T. T. (2020). Supply chain management drivers and competitive advantage in manufacturing industry. Uncertain Supply Chain Management, 473–480   Ghadge, A., Kara, M. E., Moradlou, H., & Goswami, M. (2020). The impact of Industry 4.0 implementation on supply chains. Journal of Manufacturing Technology Management, 31(4), 669–686.  

24 Thank you