MODELING AND ANALYSIS OF FACTORS FOR RESPONSIVENESS IN SUPPLY CHAIN

Abstract

In traditional supply system, suppliers and manufacturers operate independently. But in an effectively coordinated and responsive supply chain management, manufacturer, supplier, distribution channels and customers are linked in the form of a chain to develop and deliver products as a single organization of pooled skills and resources. Higher the coordination and responsiveness in the supply chain greater will be the success of the supply chain. In this research critical factors for responsiveness in supply chain are identified and by using Interpretive Structural Modeling (ISM) methodology modeling of these critical factors is done. ISM model of the critical factors for responsive supply chain indicate coordinated supply chain as main deriver for a responsive supply chain. Coordinated supply chain is justified by Analytical hierarchy process(AHP) on the basis of seven benefits of coordinated supply chain such as Lead time reduction, Agility in supply chain, Delivery on time, Invento...