Inventory automation practices and productivity: a study on steel manufacturing firms

Rashmi Ranjan Panigrahi, Duryodhan Jena and Padma Charan Mishra

International Journal of Applied Systemic Studies, 2022, vol. 9, issue 3, 195-213

Abstract: The purpose of this study is to explore the relationship between inventory automation practices (IAP) and the productivity of steel manufacturing firms. The study also explores the mediation effect of knowledge of IAPs on the relationship between IAP and firms' productivity (FP). Study based on data, collected from 287-key officials of three manufacturing firms of Odisha, India using a structured questionnaire. SPSS and Amos software were used for data analysis. Data were processed through the test of validity and reliability and subsequently, structural equation modelling (SEM) was applied to test the hypotheses. The research findings revealed that IAP has a significant positive impact on the productivity of manufacturing firms. It is also found that knowledge of IAP is partially mediating the above relationship. It will add to the existing body of knowledge and further help practitioners to understand the importance and relationships of inventory automation practices in steel manufacturing firms.

Keywords: inventory management; steel manufacturing firms; inventory automation practices; firm productivity; structural equation modelling; India. (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijassi:v:9:y:2022:i:3:p:195-213

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