Emerging Trends in Supply Chain Management and its Impact on Business Operations
Authors/Creators
- 1. DES's IMDR, Pune
- 2. Dnyansagar Institute of Management & Research, Pune
- 3. Sharadchandra Pawar Institute of Management and Research, Pune
- 4. Tilak Maharashtra Vidyapeeth, Pune
- 5. Unique Institute of Management Pune
Description
Abstract: This paper presents a comprehensive examination of the evolving landscape of supply chain management (SCM) within the context of manufacturing industries in Pune, India. This study explores five key emerging supply chain trends, namely digitalization, sustainability, agility, global integration, and demand forecasting, and assesses their influence on critical operational parameters such as cost efficiency, product quality, lead times, and overall competitiveness. A sample of 250 managers working in Pune's manufacturing sector participated in the research, providing valuable insights into the adoption and implications of these trends. The findings indicate a significant association between the adoption of emerging supply chain trends and enhanced operational performance, underscoring the relevance of staying abreast of these developments in today's competitive manufacturing environment.
Keywords: Supply Chain Management, Emerging Trends, Manufacturing Operations, Operational Parameters, and Pune Industries
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