Key supply chain strategies for post-COVID-19 recovery: evidence from an Indian smart furniture industry
Sandeep Sachan,
Vimal Kumar,
Sachit Vardhan,
Ankesh Mittal,
Pratima Verma and
Surajit Bag
International Journal of Emerging Markets, 2022, vol. 18, issue 6, 1378-1396
Abstract:
Purpose - Smart furniture is an essential part of research that has been designed to best complement easy and safe human interaction. The purpose of smart furniture is to save the space of the house and make the products unique, awesome and safe, functional, strong and also make it works better so the people can live better with it. This research aims to explore the key supply chain strategies implemented by the Indian smart furniture industry to reduce the impact of a post-COVID-19 pandemic. Design/methodology/approach - This work utilized a case study and conducted semi-structured interviews with the top leadership of the smart furniture manufacturing industry to explore key supply chain strategies to reduce the influence of the post-COVID-19 pandemic. Additionally, key supply chain strategies have been analyzed using a multi-criteria decision-making technique known as grey relational analysis (GRA) to determine their ranking significance in the smart furniture industry. Findings - The results of this study discovered that “Inventory-Categorization” is essential in ensuring business continuity during the COVID-19 pandemic and helps reduce the amount of stock they have on hand. It enhanced the opportunity for employees to properly focus on their work and an opportunity for better work-life balance. The results of the study can also help supply chain stakeholders in their establishment of critical strategies. Research limitations/implications - The implications of this research work help the Indian furniture industry to make supply chain investment decisions that benefit the organization to sustain itself. Originality/value - This is the first study to explore key supply chain strategies for the post-COVID-19 era. This work will assist managers and practitioners in helping the organization decide which supply chain strategies are more critical to the betterment of the organization.
Keywords: Supply chain strategies; Post-COVID-19 recovery; Smart furniture industry; Grey relational analysis method (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:eme:ijoemp:ijoem-12-2021-1926
DOI: 10.1108/IJOEM-12-2021-1926
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