Study of vendor‐managed inventory practices in Indian industries
Journal of Manufacturing Technology Management
ISSN: 1741-038X
Article publication date: 26 October 2010
Abstract
Purpose
In the global economy, vendor‐managed inventory (VMI) is gradually becoming an important element of supply chain management strategy of organizations. Recently, Indian industries, both large and small, have started adopting VMI for their supply chains. The purpose of this paper is to investigate apparent differences among large and small industries in terms of objectives, drivers, obstacles and impacts of VMI in Indian context.
Design/methodology/approach
A survey was conducted to examine organizational objectives, strategic drivers, obstacles and affected operations pursuant to VMI adoption. By reviewing the literature, four hypotheses were formed and tested from the responses.
Findings
It is observed that both large and small industries in India have started adopting VMI for improving the business performance. Results clearly indicate that adoption factors are different in large and small industries.
Originality/value
The paper explores current practices with respect to VMI in Indian industries. The analysis would be useful for the developing VMI adoption strategies in Indian context.
Keywords
Citation
Borade, A.B. and Bansod, S.V. (2010), "Study of vendor‐managed inventory practices in Indian industries", Journal of Manufacturing Technology Management, Vol. 21 No. 8, pp. 1013-1038. https://doi.org/10.1108/17410381011086810
Publisher
:Emerald Group Publishing Limited
Copyright © 2010, Emerald Group Publishing Limited