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Unleashing hidden potentials for loss reduction in a paint manufacturing industry through an efficient responsive supply chain risk management model

D. Elangovan, G. Sundararaj, S.R. Devadasan, P. Karuppuswamy and J. Tennis Anthuvan

International Journal of Business and Systems Research, 2009, vol. 3, issue 1, 93-118

Abstract: In the competitive industrial scenario, it is essential for organisations to refine and redefine their current supply chain strategies to hold a place in the market. In this research work, the major time delays in supply chain of a paint manufacturing industry have been examined. An efficient responsive supply chain risk management model has been developed to analyse these issues by unleashing hidden potentials for loss reduction. A significant time delay has been identified and corrective measures have been recommended for implementation. The effectiveness of the performance of the system can be assessed by the loss reduction in paint manufacturing.

Keywords: hidden potentials; loss reduction; paint manufacturing; performance; risk management; supply chain risk; syupply chain management; SCM; system; time delay. (search for similar items in EconPapers)
Date: 2009
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