Abstract
Vendor managed inventory has proven to be an effective tool for improving the supply chain performance by decreasing inventory-related costs and increasing customer service. It is quite evident from the literature that vendor managed inventory (VMI) has been successfully implemented in small and medium enterprises (SMEs). However, studies related to the implementation of VMI in Indian SMEs are very limited. Therefore, this study presents an empirical investigation of VMI practices in Indian SMEs using survey methodology. The paper evaluates the benefits, barriers, and effects of adopting VMI in Indian SMEs, and also investigates the IT tools and software used for VMI adoption. Furthermore, this study explores the dissimilarities among various sectors of SMEs adopting VMI. Based on the proposed methodology, it is found that organizational issues and unwillingness to share information are the major barriers. In terms of benefits, the major influencing variables are improved efficiency and improved channel relations.
| Original language | English (US) |
|---|---|
| Journal | Journal of Business Economics and Management |
| Volume | 14 |
| Issue number | SUPPL1 |
| DOIs | |
| State | Published - Dec 30 2013 |
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Keywords
- barriers
- benefits
- factor analysis
- Indian SME's
- IT tools
- operational issues
- vendor managed inventory
ASJC Scopus subject areas
- Business, Management and Accounting (miscellaneous)
- Economics and Econometrics
Cite this
An evaluation of vendor managed inventory practices from small and medium indian enterprises. / Shen, Lixin; Govindan, Kannan; Borade, Atul B.; Diabat, Ali; Kannan, Devika.
In: Journal of Business Economics and Management, Vol. 14, No. SUPPL1, 30.12.2013.Research output: Contribution to journal › Article
}
TY - JOUR
T1 - An evaluation of vendor managed inventory practices from small and medium indian enterprises
AU - Shen, Lixin
AU - Govindan, Kannan
AU - Borade, Atul B.
AU - Diabat, Ali
AU - Kannan, Devika
PY - 2013/12/30
Y1 - 2013/12/30
N2 - Vendor managed inventory has proven to be an effective tool for improving the supply chain performance by decreasing inventory-related costs and increasing customer service. It is quite evident from the literature that vendor managed inventory (VMI) has been successfully implemented in small and medium enterprises (SMEs). However, studies related to the implementation of VMI in Indian SMEs are very limited. Therefore, this study presents an empirical investigation of VMI practices in Indian SMEs using survey methodology. The paper evaluates the benefits, barriers, and effects of adopting VMI in Indian SMEs, and also investigates the IT tools and software used for VMI adoption. Furthermore, this study explores the dissimilarities among various sectors of SMEs adopting VMI. Based on the proposed methodology, it is found that organizational issues and unwillingness to share information are the major barriers. In terms of benefits, the major influencing variables are improved efficiency and improved channel relations.
AB - Vendor managed inventory has proven to be an effective tool for improving the supply chain performance by decreasing inventory-related costs and increasing customer service. It is quite evident from the literature that vendor managed inventory (VMI) has been successfully implemented in small and medium enterprises (SMEs). However, studies related to the implementation of VMI in Indian SMEs are very limited. Therefore, this study presents an empirical investigation of VMI practices in Indian SMEs using survey methodology. The paper evaluates the benefits, barriers, and effects of adopting VMI in Indian SMEs, and also investigates the IT tools and software used for VMI adoption. Furthermore, this study explores the dissimilarities among various sectors of SMEs adopting VMI. Based on the proposed methodology, it is found that organizational issues and unwillingness to share information are the major barriers. In terms of benefits, the major influencing variables are improved efficiency and improved channel relations.
KW - barriers
KW - benefits
KW - factor analysis
KW - Indian SME's
KW - IT tools
KW - operational issues
KW - vendor managed inventory
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U2 - 10.3846/16111699.2012.749805
DO - 10.3846/16111699.2012.749805
M3 - Article
VL - 14
JO - Journal of Business Economics and Management
JF - Journal of Business Economics and Management
SN - 1611-1699
IS - SUPPL1
ER -