Strategic Supply Chain Management in Indian Manufacturing Firms
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This research study discusses the importance of strategic supply chain management in Indian manufacturing firms, with a focus on the electrical industry. It explores the challenges faced by the industry and recommends lean and green supply chain management strategies to overcome them.
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STRATEGIC SUPPLY CHAIN MANAGEMENT 1 Abstract The intent of this research study is to discuss in detail regarding the strategic supply chain management as the study of Indian manufacturing firms. The research has incorporated number of approaches and methods in order to get reliable and true data from different data and information sources. From the study, it has been identified that supply chain management is the significant procedure which is part of organizations key activities, used to manage the movement of products from one location to another. The research is based on analysing the strategic supply chain management of the Indian manufacturing industry where, there is increasing demand of an effective supply chain management. In research has incorporated the discussion of one of the major industries of India that is electrical industry which is presently dealing with number of challenges such as environmental issues, cost control, flexibility, consistency, increasing demand, etc. From the investigation, it has been signified that these challenges can be overcome by adopting different practices in the existing supply chain. The two strategies that are recommended in this study are lean supply chain management and green supply chain management. According to the analysis, both the system support in eliminatingwastage,reducingcost,anderadicatingthenon-valueactivitiesfromthe procedure. In addition, green supply chain management follows the greening concept under which the businesses or the entire economy that to think from the perspective of environment and work towards reducing their effect over it.
STRATEGIC SUPPLY CHAIN MANAGEMENT 2 Table of Contents Abstract......................................................................................................................................1 1. Introduction............................................................................................................................4 1.1. Research Background......................................................................................................4 1.2. Research Aim and Objectives.........................................................................................5 1.3. Research Question...........................................................................................................5 1.4. Research Significance.....................................................................................................5 2. Literature Review...............................................................................................................6 2.1. Introduction.................................................................................................................6 2.2. Conceptual Clarification.............................................................................................6 2.3. Summary...................................................................................................................13 3. Research methodology.....................................................................................................13 3.1. Introduction...............................................................................................................13 3.2 Research Philosophy..................................................................................................14 3.3 Research Approach....................................................................................................14 3.4. Research Design........................................................................................................15 3.5. Research Strategy......................................................................................................16 3.6 Data Collection Method.............................................................................................16 3.7 Ethical Consideration.................................................................................................18 3.8 Summary....................................................................................................................19 4. Analysis and Evaluation...................................................................................................19 4.1. Survey Questionnaire................................................................................................19 4.2. Data Analysis............................................................................................................21 4.3. Findings.....................................................................................................................31 Conclusion and Recommendations..........................................................................................33 References................................................................................................................................36
STRATEGIC SUPPLY CHAIN MANAGEMENT 3
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STRATEGIC SUPPLY CHAIN MANAGEMENT 4 1. Introduction 1.1. Research Background Tompkins Consortium conducted a survey in the year 2014 and highlighted one of the most shocking revelations. The survey was conducted by taking some of the business leaders as the participating members, it has been analysed that around 50% of them consider that supply chain is the standalone operating function of the business (Logistics Bureau, 2019). The business environment is becoming competitive with time, Businesses put maximum efforts to sustain and attain their competitive advantage in the fast developing world (Wahyuni, 2010). The most projecting method that could support business to do so is strategic supply chain management. Strategic Supply chain management is said to be one of the most significant portion of every business, where it is a small, medium, or large. Supply chain management is said to be the active management of the activities of supply chain used to increase value for the customers and attain a sustainable competitive advantage. As stated by Robert Handfield, Ph.D. supply chain management also experience the movement and storage of the products or materials required to manufacture a product, create a product, management of the inventory, and maintaining the track of the end products (Afflink, 2019). As stated by the experts of supply chain management, it is also the procedure of designing, planning, implementing, controlling, and monitoring of the activities of the supply chain with the motive of enhancing new value, attain a competitive advantage, leveraging global logistics, coordinating the demand with the supply and evaluating the performance at world level. The other key areas wherestrategicsupplychainmanagementisassociatedareprocurement,information technology, logistics, and operations (Afflink, 2019). If different businesses involved in different type of industries adopt the strategic supply chain management, then the business becomes capable to function at ideal capacity to offer and deliver number of materials and products. In the context of Electrical industry of India, any machine that is managed by power is regarded as electrical equipment. The electrical industry of India is complex,constructing a diverse scope of items that are operated through high innovation equipment to low innovation electrical segments. This electrical business is regarded as a serious work sector, which offers direct employment to around 5, 00,000 people and a further deviant work to 1 million people
STRATEGIC SUPPLY CHAIN MANAGEMENT 5 (SME Venture, 2017). In order to manage the operations at such a huge scale, it becomes very important to have a strategic supply chain management that could work towards eliminating all types of industry challenges and well as increase the productivity of the manufacturing and logistics companies. Challenges that the industry is dealing with is complexity, consistency. Increasing demand, external forces like environment, and cost control. These challenges could be overcome by having a well-developed supply chain management and logistic partners that is focused towards attaining the goals. Besides this, in order to overcome the environmental challenges, the electrical industry needs to adopt green supply chain management as the part of strategic supply chain management that could work towards reducing wastage and increasing value (Levinthal, 2011). 1.2. Research Aim and Objectives The main aim of the study is to recognize the importance of strategic supply chain management in the Indian manufacturing firms. In order to attain this aim, the study will follow some of the objectives: Examining the strategic supply chain management in the Electrical Indian Industry Evaluate the best practices of supply chain management that could support businesses involved in the industry affectively increase the value Identify the best strategic supply chain management practices to overcome the challenges 1.3. Research Question What are the challenges that influence the smooth operation of supply chain management in the Indian Electrical Industry? What are the best supply chain management practices to successfully attain competitive advantage? 1.4. Research Significance As it is known that the electrical industry of India is complex, which incorporate number of activities, operations, and employees that is required to be manage properly. The industry is experiencing number of challenges that are very necessary to overcome in order to increase the productivity and meet the gap between supply and demand (Rajakarunakaran and Rahim,
STRATEGIC SUPPLY CHAIN MANAGEMENT 6 2011). The practices that could be adopted by the businesses involved in the different Indian industries is strategic supply chain management as it is incorporated with different steps that is designing, executing, and controlling a well-organized supply chain. 2. Literature Review 2.1. Introduction This chapter of literature review is one of the significant chapters of the research, as it assists the researcher in developing the theoretical understanding regarding the research topic in effective manner (Hart, 2018). 2.2. Conceptual Clarification Supply Chain Management is also mostly denoted as SCM, which has been explained and discussed by number of researchers. Depending on some recent developments in the literature of supply chain, it is not atoll a surprising thing that there has been number of debated on the particular definitions of Supply Chain Management. According toMollenkopf, Stolze, Tate and Ueltschy (2010),supply chain management is the network of facilities and distribution that works as the roles of material procurement, conversion of the raw material into finished products, and finally the distribution of the final good to the end users and customers. Govindan, Muduli and Barve (2016),specified that Supply Chain Management is comprised of integration activities placed in the network of facilities that acquire raw material, convert them in the intermediate and final products, and distribute the products to the end users with the help of distribution system.Christopher, (2016),defined supply chain as the group or network of different businesses that are involved with each other through downstream and upstream linkages, in diverse procedures and activities that create value in the form of services and products in the hands of the end-users. Supply Chain Management is the planned and orderly organization of the traditional business operations and the strategies across these functions of the business in a specific company and across companies involved in the supply chain, with the aim of enhancing the long-term performance of the individual businesses and the supply chain. Supply chain management works at three main levels: strategic, tactical, and operational. Under strategic level, the management of the business take high level decisions related to supply chain that are pertinent to the entire organizations (Murray, 2019). The decisions that
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STRATEGIC SUPPLY CHAIN MANAGEMENT 7 are considered related to the supply chain highlight the complete corporate strategy that a company is complying with. The procedure of strategic supply chain that has been decided by the management covers the extent of the supply chain. These comprise development of the product, consumers, producers or manufacturers, vendors, and logistics. According toCarter and Liane Easton (2011),the supply chain strategy is the set of needs of the customers that the businesses seeks to gratify through its services and products. A characteristic strategy of supply chain must target at attaining a smooth flow of goals at very minimum prices. It is generally accepted that one size does not fit all, when it is regarding designing the strategy of supply chain to support a broad variety of products with diverse characteristics sold in different markets. In the context of the manufacturing industries of India, the electricity industry has changed majorly to offer a broad variety of opportunities in the value chain, in both, the structured and derestricted companies. Indian electrical market is said to the fifth largest market of the world in regards to the capacity of energy generation and the third largest in the context of network (PWC, 2019). The increasing demand, up gradation, and network extension, decrease in the intensity of the energy, unbundling of the services of supply and development of trade of cross-border, open number of opportunities for this industry. Tough, there are various challenges in the direction of this industry like supply of fuel, risk of country-party stood by distribution businesses, restrictions of the monopoly on open access and the accessibility of the finance for the project (Hellström and Nilsson, 2011). Challenges for the Electrical Industries in India Energy businesses are constantly rethinking their supply chains to increase the number of opportunities, decrease cost and attain competitive advantage. Complexity – The activities of the energy sector are planned to be operated in the remote regions where the key challenge is of logistics in regards to physical infrastructure and obedience with severe environmental, safety, and health protocols. In addition, sheer scale of few of the operations and the requirement to source from the suppliers founded in the distant reaches of the world; the grouping makes for mainly difficult operating circumstances and the necessity to overcome disjointed cross-border supply chains (DHL, 2019).
STRATEGIC SUPPLY CHAIN MANAGEMENT 8 Increasing Demand – Today, the market of energy is maturing as well as unsteady, as it is characterized by increasing demand and changes in the volume of supply. As per the report of International Energy Agency (IEA), the demand of energy at the global level will increase by around one-third percent between the years 2010 and 2035. This increase in the demand will be majorly due to developing markets. However, the biggest challenges will emerge from the demand planning and prediction precision and the material arrangement and supply with the usage of the energy. External Forces – The recent quarterly report of McKinsey recommended that a significant movement of the world-wide industry’s competitive landscape is under way, because new businesses from the producing nations and the high growing markets of India and China join thetopranksoftheindustry.Furthermore,environmentalresponsibilityisconstantly changing with a continuous requirement to confirm that there is no compromise with the set standards (DHL, 2019). Cost Control – The requirement for the efficiency on the supply chain of the material could have a major influence on the bottom line of the company, by enhancing productivity, moderating downtime, and eliminating or decreasing risk. The related challenge is to identify ways to allow and free up engineers such that they can invest their skills and time in the major profitable and productive work (Ganeshkumar and Mohan, 2015). Consistency-ComplianceandHealth,Safety,SecurityandEnvironmental(HSSE) procedures in the sector of energy are not the major differentiator but a requirement, with numerous businesses supposing HSSE and compliance procedures to be united in all the procedures. Because businesses are becoming globalized, therefore the need for well- organized procedures and operative facility from the suppliers are becoming progressively essential (DHL, 2019). According to Dües, Tan and Lim (2013),to overcome these challenges it is becoming very important for the businesses in the electrical Indian industry to adopt lean supply chain strategy.Thebusinessesthatareoperatingintheworldwidemarketmusttakeinto consideration the elementsof exploitation, like modification, efficiency of production, assortment, execution and accomplishment. For instance, organizations should improve their operational abilities or knowledge, because they are searching for the production efficiency in the context of lower cost. Accordingly, businesses incline to execute a lean supply chain. The
STRATEGIC SUPPLY CHAIN MANAGEMENT 9 lean supply chain is said to be one that endlessly struggles for development in the exertion to eradicate waste or added activities that offer no value in the supply chain. As stated by Myerson (2012),the lean supply chain created a value stream from the suppliers of the organization to the end users to remove every type of buffering cost into the system and to confirm a level program in the manufacturing to sustain the competitive advantage by economies of scale in a steady and expectable market. The operators or businesses involved in the electrical industry of India are working towards offering safe and yielding solutions such that through this they can eventually increase the productivity, upsurge competence and decrease cost. Addressing upsurging demand of the energy, by driving reductions in the cost, handling safety and health standards, and decreasing time invested in the research of the market are the difficult job which obliges partnership with the logistics partners. Over the years, companies in the electrical industries like DHL have introduced number of innovative solutions for the industry of energy. The company is working in different sectors such as oil and gas downstream, oil and gas upstream, chemicals, power generation, utilities, petrochemical, mining. The company offer variety of flexible as well as end to end specialized solutions of the supply chain. According the analysis, it has been believed that by abridging the supply chain the overall industry can attain competitive advantage and value for the customers (Jain, Dangayach and Agarwal, 2013). Oil and Gas Upstream – Whether it is about creating new on or offshore examination or production services or operating prevailing ones, supply chains are compound and of worldwide scale – frequently including huge number of suppliers from every region of the globe. The companies involved in the logistics, supply chain, and manufacturing of the electrical industry design, execute, and control a well-organized supply chain for each stage of the sector of oil and gas upstream, comprising examination, construction and key handling. Executingnumberofservices,comprisingsupplybasemanagementandrigmove management solutions, the goal of the logistics firms is to enhance the value of in-field process. Companies attain this by moving material from one location to the right location at appropriate time in order to reduce downtime, while concurrently managing the cost of the manufacturing firms and environmental influence of the operations of the transportation (DHL, 2019).
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STRATEGIC SUPPLY CHAIN MANAGEMENT 10 Power and Utilities – Companies like DHL help the businesses in creating projects and supporting them in prevailing water infrastructure, gas, and electricity. This prolongs to assisting businesses with alternative energy with a durable renewable set. The company is very well aware of the strong renewable portfolio. DHL is conscious of all the challenges accessible from the inappropriate infrastructures, to augmented governmental emphasis on discovering substitute sources of energy. The company work to design, execute, and manage the supply chain services that can improve the productivity of the business by decreasing costs. The manufacturing firms in the electrical industry understand the dramatic impact of more competent supply chain of indirect materials on their business by augmented use of engineers,decreasingtheriskandreducingdowntime.Thisknowledgesupportthe manufacturing as well as logistics firms in increasing efficiency of the supply chain well, maintaining vital equipment online, while releasing the engineers to invest their skills and time in profitable and productive methods for the organization (DHL, 2019). In addition to this, today the Indian manufacturing firms are emphasising on green supply chain management. According toSrivastava (2007), GSCM is the single procedure that is incorporating the environmental aspects and thinking in the supply chain management which is generally comprised of designing of the product, sourcing and selection of material, procedure of manufacturing, finished product delivery to the end customer and end-of-life management of the product after the product’s useful life. Green Supply Chain Management has its origins in the literature of environment and strategic supply chain management. As per the previous research conducted on the supply chain management, reflects that investments in the greening can reduce wastage, enhance productivity, and save lot of resources of the industries involved in the exploitation of natural resources or other resources such as electrical industry. The researchers suggest three approaches to be adopted in the execution of green supply chain management are reactive, proactive, and value seeking (Simpson and Sampson, 2008). India is a nation where concern in the context of green supply chain management has become severe. The worldwide drift to source and manufacture products in the nations offering opportunities at low cost is probable to cover the strength in next ten years, mainly in the skill demanding industries like electrical, automotive industry, etc. where India has attained major competitive advantage. As India is known as the key manufacturing nation, it has number of opportunities, but they also experience considerable environmental effects with this opportunity. The over-all Indian economy emission in the year 2003-2004 is projected to be around carbon dioxide’s 217 million tons; from this over 57% is because of
STRATEGIC SUPPLY CHAIN MANAGEMENT 11 the utilization of lignite and coal in different industries (Bag, 2019). This resulted in the per capita emissions to be around 1.14 tons. Manufacturing segment of the Indian industry is said to be the major contributor in this emission. The suitable expansion of the green supply chain management theory and practices can assist the country in decreasing the environmental impact of the manufacturing firms and products disposal and result in enhancing social and economic position of the nation. The significance of the Green Supply Chain Management for the success of the organization has attained a major attention in present years. The key aim is to understand the pressures dominant in the Indian system, the barriers to GSCM and eventually how green supply chain rehearses in a company could be the competitive advantage source in common and mainly in the manufacturing sector of India and how in the previous studies have conducted in order to understand the secret of the practices of GSCM. Developed nations are those nations where there is high level of growth and development based on some characteristics- comprised of industrialization, human development index, and economy. Nations like South Korea, Italy, Canada, Japan, Germany, Sweden, Italy, and Australiaareincludedinthedevelopednation’scategoryandgreensupplychain management has been adopted and used by their nations. In emerging nations particularly in the Asian region – Thailand, Indonesia, India, Singapore, Philippines, Malaysia, and China, practices of GSCM are in a very emerging phase (Bhateja, 2012). As GSCM is one of the forms of strategic supply chain management, many companies in the emerging nation are accepting this concept in order to decrease the environmental impact of number of activities of businesses in place of maintaining a proactive attitude to decrease the pollution or wastage source. Quick development in the Malaysia has ruined the environment because of high pollution from the manufacturing sector and hence has diverted the focus towards ISO 14001 certified manufacturing business in the region i.e. Malaysia in order to study more deeply the concept of GSCM. GSCM drivers that are identified in the Malaysian context are social responsibility, regulations, expected business gains, and Customer requirements (Seman, 2012). The awareness of green supply chain management is very high and hence is observed as a strategic implementation that will support the Indian manufacturing firms in the electrical industry to attain competitive advantage. Acceptance of the practices of GSCM is uppermost in the region where there is connection to competence and cost savings and vice versa.
STRATEGIC SUPPLY CHAIN MANAGEMENT 12 Srivastava (2007), adopted an extensive literature review in order to represent a complete unified interpretation of the printed literature on every extents of green supply chain management, mainly taking the angle of reverse logistics for enabling future research. In the research, the main emphasis was on reverse logistics as the formation of well-organized network of reverse logistics is said to be a requirement for effectual and remanufacturing and profitablerecycling.The key contributingaspectsof green supply chain management pressures are cost related pressure, regulations, supply chain pressure, and marketing. In the analysis, it has been identified that through GSCM practices the performance of the Chinese companies has improved majorly the operational and environmental performance (Zhu, Sarkis and Geng, 2005). Under literature review, the researcher identified that a study was conducted byZhu & Sarkis (2007),on the manufacturing companies of China in order to evaluate the relationship betweeneconomic,environmentalperformanceandgreensupplychainmanagement practices by including three controlling factors i.e. regulatory, competitive, and market pressures. The outcomes that were identified in the study are: Augmented environmental pressure enforced businesses to accept practices of GSCM. Thepresenceoftheregulatoryandmarketpressureinspiresbusinesstohave enhanced environmental pressures particularly in the case of green purchasing eco-de- sign. Manufacturers dealing with greater regulatory pressure incline to execute green purchasing and investment recovery. Competitive pressure considerably recovers the economic paybacks from acceptance of diverse practices of GCSM The institutional pressures did not supported in attaining a “winwin” state for refining economic as well as environmental performance of the business. Green supply chain management could be utilized as an environmental instrument to enhance the business environmental image and attain competitiveness in the international market (Zhu, Sarkis and Lai, 2008). The size of the organization works as the key factor in the adoption of GSCM. Large and medium size businesses are said to be advanced in comparison to small size business in many aspects, but is it not necessary that all of these adopts the practices of GSCM. Certification of
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STRATEGIC SUPPLY CHAIN MANAGEMENT 13 ISO 14001 and system of environmental management have major execution variances among small, medium, and large business. Businesses that incorporate suppliers into the greening procedure early and well in advance of rivals initiate a path of development that may offer a continued competitive advantage that continues in the future (Zhu, Sarkis and Lai, 2008). Lean environment aids as a substance to enable Green execution. The incorporation of green and lean practices will carry profits to the business and presenting green as new lean is no longer an unsupported and strong statement. It is somewhat indisputable that the last lean will be green (Green Jr, Zelbst, Meacham and Bhadauria, 2012). 2.3. Summary From the above analysis, it could be summarized that the strategic supply chain management is one of the key approach that must be adopted with utmost care in order to have proper allocation and delivery of the end products to the end users. Besides this, strategic supply chain management is the network of facilities and distribution that works as the roles of material procurement, conversion of the raw material into finished products, and finally the distribution of the final good to the end users and customers. Supply chain management is one of the key parts of the manufacturing firms of India. It has been analysed that Indian electrical industry is dealing with number of challenges related to increase demand, cost, flexibility, environmental issues, etc. which could be overcome by adopting lean supply chain. Besides this, companies like DFL one of the logistics company is working effectively to overcome these challenges. Today, Indian manufacturing firms are being attracted towards green supply chain management such that they can eliminate the wastage from the operation and increase productivity. 3. Research methodology 3.1. Introduction The chapter of research methodology offers a comprehensive understanding regarding the method, techniques, and tools used in leading the study in an organized manner. The chapter of research methodology is also very operative for the researcher to gain the guidance in the
STRATEGIC SUPPLY CHAIN MANAGEMENT 14 context of data collection and views of different participants and sources to complete this project of research (Kumar, 2019). 3.2 Research Philosophy In the research study, the research philosophy created the knowledge and understanding of the investigator in regards to the superior issues. Similarly, the use of proper research philosophy assists the investigator in recognizing the methods of collecting information, analysing and utilization of the procedure of research (Gratton and Jones, 2010). As per the research topic nature, the philosophy of the research is categorized into three key types, i.e. realism, positivism, and interpretivism philosophy (Saunders and Lewis, 2012). Under this, positivism philosophy is about the actual understand gathered through actual observations and measurements, which allows the investigator to recognize the true data with the help of statistical data and available information. Further, realism philosophy is majorly dependent on the belief of the human and reality they have experienced in the environment. On the other side,interpretivismphilosophyassiststheinvestigatorstogatherdeepunderstanding regarding the research topic through the reviews and opinions of the participants (Leitch, Hill and Harrison, 2010). In order to conduct this research, the researcher has adopted the interpretivist philosophy, because through this philosophy the researcher enabled to access the views and perception of participants. It has supported the investigator in making useable conclusion in the context of strategic supply chain management in the manufacturing firms of India. On the opposite side, the research philosophy is not aligned with the positivism and realism philosophy in order to solve the issue of the research, because in this research there is no need of extremely structured methodology, for example, creating hypothesis and demonstrating and assessment of consequences depending on generalization. 3.3 Research Approach The selection of the research approach is very important for this research, as it helps in justifyingtheresearchmethodsanddesign.Withthehelpofresearchapproachthe researchers can present the information in organized manner. There are two types of research approaches that is deductive and inductive, which allows the investigators to validate the utilization of the specific methods of data collection and data analysis for the research (Maxwell, 2012). In this research, it is significant for the researchers to have thorough
STRATEGIC SUPPLY CHAIN MANAGEMENT 15 information as well as knowledge about the application of these methods in the study. Deductive approach is said to be the approach comes with positivism philosophy, whereas on the other side, inductiveapproach is one of the most suitablewith the interpretivist philosophy. In the research, the use of deductive approach results in creating the hypothesis aligned with the issue of the research, with the implication of some theories. For this, the investigator has to gather diverse kind of information to accept or reject the hypothesis. Under, inductive approach the researcher gains the flexibility benefit as it does not comprise the creation of hypothesis for the issue of the research (Dagenais-Desmarais and Savoie, 2012). For this study, the researcher has make use of inductive approach over the deductive approach, as this method allowed the investigator to gather the subjective knowledge fir the topic of the research. With the help of inductive approach the researcher is able to improve the rationality and dependability of the outcomes of the research or study. Through this approach, the investigator is able to gather the information and make precise conclusion to discourse the best possible practices of Strategic supply chain management. Whereas, the researcher has not used the deductive approach as there was no need to create the hypothesis in order to answer the questions of the research. 3.4. Research Design The research studies that support the researchers in designing the project are casual, descriptive, and exploratory research design. Under research study, the exploratory research design highlights the initial study, in which the investigator gets the issue of the topic with the assistance of the created hypothesis (Patten and Newhart, 2017). On the other side, the descriptive research design assists the investigators to gather comprehensive data regarding the research topic by explaining the phenomena. Besides this, the causal research is focussed towards the effect and cause relationship between different variables. In order to conduct this study, the researcher has makes use of descriptive as well as exploratory research designs. The exploratory research design has been selected by the researcher because it allows gathering the detailed information related to the strategic supply chain management in the Indian manufacturing firms. Besides this, the selection of the descriptive research design has enabled the researcher in understand the individual and group characteristics. Both the research design has supported the investigator in merging the
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STRATEGIC SUPPLY CHAIN MANAGEMENT 16 opinions and perception of different participants, to attain the objective of the research and answer the question of the research. Similarly, the researcher has not adopted the casual research design in the study, because the study does not require highlighting the cause-and- effect relationship between diverse variables. 3.5. Research Strategy The research strategy is very important element that is required to conduct this study, as it allows the investigator to identify the research issue by responding to the questions of the research in orderly manner. With the help of proper research strategy, the investigator gathers backgroundinformationandevaluatesthedatainordertomakespecificconclusion (Verschuren, Doorewaard and Mellion, 2010). To meet the aim and objective of the research, the investigator can make use of diverse research strategies like questionnaire, case study, survey, interview, focused group, literature review, observation, and experiment. In order to conduct this study, the researcher has make use of interview and survey as the research strategies. These strategies has been selected by the researcher, because through these strategies, the investigator is able to gather the suitable amount of data related to the Strategic supply chain management in the manufacturing firms of India (Burns, Bush and Sinha, 2014). With the help of survey research strategy, the collection of data is cost effective as well as saved lot of time of the researcher which increased the dependability of the study among main stakeholders. In addition to this, the adoption of interview as the research strategy has supported the investigator to personally meet the participants of the research and gather their views related to the issue of the research. Adopting both the research strategies has guided the researcher in creating validity of the research. 3.6 Data Collection Method Data collection methods are the collection of information in a well-organized manner, from diverse sources in order to meet the objective of the research. The proper method of data collection help the investigator in developing understand as well as knowledge regarding the research issue (Kolb, 2012). Besides this, the use of data collection method supports the researcher in making effective conclusions in the context of the research issue. There are two kinds of methods used for data collection that are secondary method and primary method. The primary data collection method, new data is gathered which is not been gathered before by the investigator. In order to collect the primary data, the investigators make use of
STRATEGIC SUPPLY CHAIN MANAGEMENT 17 questionnaire, action research, survey, case study, interview, group discussion, etc. (Chan, Fung and Chien, 2013).On the other hand, secondary data collection method is that in which the data is gathered by number of researchers or institutions in order to meet their needs. Many times, the secondary data is said to be the published information that could be easily accessed by the investigator in order to meet its objective of the research. The sources of the secondary data collection method are websites, magazines, books, journals, newspaper, articles, governmental reports, etc. (Crowther and Lancaster, 2012) To conduct the research on the topic “Strategic Supply Chain Management – An Exploratory Study on Indian Manufacturing Firms”, the investigator has selected both the methods of data collection that is primary and secondary data collection methods. Under this research topic, the adoption of the primary method is operative to initiate the direct connection with the participants to understand their opinions on the research issue. On the other side, the adoption of the secondary method is operative to gather comprehensive and theoretical knowledge regarding the research issue. With the help of the data collection methods, the investigators is able to gather data from diverse sources like articles, websites, journals, and books, in order to enhance the research outcomes reliability (Bryde, Broquetas and, Volm, 2013). Under the primary method of data collection, interview and questionnaire has the used to collect precise data. This method also supports the investigators in collecting the views of the participants in the context of strategic supply chain management in the Indian manufacturing firms. 3.6.1. Sampling Method Sampling is the method used for the selection of suitable research participants to respond the questionnaire of the research for attaining the research aim. There are two kinds of strategies for sampling i.e. non-probability sampling and probability sampling strategy (Etikan, Musa and Alkassim, 2016). These strategiessupport theresearcherin choosing theprecise observation from separate population. Under this, the strategy of probability sampling is the method that is used by the researcher as the random selection of the participants. In this method, everyone gets the similar change in order to be selected in the study. On the other side, the strategy of probability sampling is a method, where every individual does not get the equal change of being selected into the research (Yang and Banamah, 2014).
STRATEGIC SUPPLY CHAIN MANAGEMENT 18 The researcher to conduct this study has adopted probability sampling method. Under this research, the strategy of probability sampling with the random sampling is utilized to choose the number of participants for conducting the survey questionnaire. In order to gather information the researcher has selected 70 employees from the manufacturing electrical industry of India are chosen for the questionnaire. 3.6.2. Data Analysis Method After the collection of the information and data, it is very important to analyse them to make reliable and valid outcomes in the context of the research issue. There are number of data analysis methods that could be used by the researchers to conduct their study like statistical analysis, conversational analysis, thematic/content analysis, and disclosure analysis to make an appropriate and noteworthy analysis of the data that has been gathered (Agresti and Kateri, 2011). To perform the analysis of the data collected, the method that is used is statistical data analysis method. With the help of this method, the investigator is capable to highlight the evocative statistics of the information comprising data including cross tabulation, regress, and correlation and also infer the meaning of the participants’ responses. In order to represent the data in tables and graph, the researcher has made use of MS-Excel as it enables the better understandingofthefindingsandresponsesregardingtheStrategicsupplychain management in the Indian manufacturing firms. In addition to this, researcher has also adopted literature review method of data analysis, as it has allowed understanding the related the reviews of different academies and researchers presented their studies on related research issue. 3.7 Ethical Consideration In the context of the research, the ethics is associated to the completion of every task and activity of the study in ethical and valid way by meeting the guidelines of the University and confidentiality as well as privacy of the participants. This also supports the investigator in accepting the suitable behaviour, to finish the research thoroughly (Whitbeck, 2011). This study has also deal with ethical issues in the context of violation of copyright act, data fracturing, and plagiarism while conducting secondary data collection. These ethical issues are alleviated by the investigator by offering complete credit to the researchers by placing references and in-texting at every paragraph. In addition to this, to evade the chances of
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STRATEGIC SUPPLY CHAIN MANAGEMENT 19 similarity report, the investigator has make use of precise languages in order to interpret the data collected. Furthermore, the investigator has taken former appointment from the participants who have been selected for gathering the primary data to attain the research aim. By doing so, the investigator has tried to gather the data in appropriate and detailed manner from the participants. It has also assisted the investigator in maintaining the data reliability and effectiveness of the data. Besides this, the investigator has also acknowledged the guidelines concerned with the participant’s privacy, such that their personal information is not revealed while conducting the research and after the completion of the research. 3.8 Summary From the above analysis, it could be concluded that the proper consideration of the research methodology has allowed the investigator to attain the aim and objective of the research in a remarkable manner. By investigating different approaches, philosophies, strategies, designs and data collectionmethodsof the research in the contextof strategicsupply chain management in the Indian manufacturing firms, has allowed the researcher to collect adequate data as well as information. Besides this, by taking in account the ethical issues, the investigators are allowed conduct this study in substantial as well as ethical manner. 4. Analysis and Evaluation 4.1. Survey Questionnaire 4.1.1 Gender Male[ ] Female[ ] 4.1.2. Age Group Under 30[ ] 31- 40 Years[ ] 41- 50 Years[ ] More than 50 years[ ] 4.1.3. Experience
STRATEGIC SUPPLY CHAIN MANAGEMENT 20 Less than 5 Years[ ] 5-10 Years[ ] 10-15 Years[ ] More than 15 Years[ ] 4.1.4. Please mentioned the category of industry Electrical Industry[ ] Automobile Industry[ ] Process Industry[ ] Machinery Industry[ ] Electronics Industry[ ] 4.1.5. According to you, what is Strategic Supply Chain Management and why it is important 4.1.6. To what extent your company/ industry are successful in managing its supply chain management? Not Successfully[ ] Somewhat Successful[ ] Successfully[ ] Very Successfully[ ] 4.1.7. Is your industry's Supply Chain Management is having sufficient transportation? Yes[ ] No[ ] 4.1.8. Type of Challenges industry is experiencing Increasing Demand[ ] Increasing Cost[ ] Environmental Issues[ ] Cost Control[ ] All of the above[ ] 4.1.9. Rate the working strategies of the supply chain management department on the basis of current program
STRATEGIC SUPPLY CHAIN MANAGEMENT 21 Outstanding[ ] Excellent[ ] Best[ ] Good[ ] Average[ ] 4.1.10. As per the current situation, what type of supply chain management must be adopted in your industry? Lean Supply Chain Management[ ] Green Supply Chain Management[ ] Others[ ] 4.1.11.Whatapproachesthatindustrymustadopttohaveeffectivesupplychain management? 4.1.12. How you rate the delivery activity of the department? Excellent[ ] Very Effective[ ] Good[ ] Average[ ] Below Average[ ] 4.1.13. Do you think involvement of the employees can result in improved supply chain management? Strongly Agree[ ] Agree[ ] Neutral[ ] Disagree[ ] Strongly disagree[ ] 4.2. Data Analysis Survey through questionnaire has been conducted on total 70 employees of the Indian manufacturingindustries, comprisedof electrical,automobile,process, machinery,and electronics industry. In the questionnaire, the investigator has asked number of questions
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STRATEGIC SUPPLY CHAIN MANAGEMENT 22 related to the demographic factors and the objective of the research to attain the aim of the research. 4.2.1 Table 1 Thequestionnairesurveyhasbeenconductedfromdifferentemployeesofindian manufacturing firms, with different gender and experiences. The demographic results of this survey have been presented below: 50%50% Gender Male Female From the above analysis, it can be observed that researcher has included equal number of men and women into study in order to give equal importance to both the gender. The above research has included total 35 men and 35 women participants.
STRATEGIC SUPPLY CHAIN MANAGEMENT 23 4.2.2. Table 2 Under 3031-40 years41-50 yearsMore than 50 years 0 5 10 15 20 25 30 35 40 Age Group The research is conducted in total 70 employees of the Indian manufacturing firms from which 35 of the total employees lie under the age group of under 30, 15 employees lie under 31-40 years, 14 employees lie under 41-50 years, and only 6 of the employees lie in the age group of more than 50 years.
STRATEGIC SUPPLY CHAIN MANAGEMENT 24 4.2.3. Table 3 Less than 5 years5-10 years10- 15 yearsMore than 15 years 0 5 10 15 20 25 30 Experience From the above table observation, it can be analysed that most of the employees lie under the experience head of more than 15 years that is 25 employees. Whereas, the employees with 10 to 15 years of experience are 10, employees with the experience of 5 to 10 years are 15, and employees with less than 5 years of experience are 20. This data reflects that the researcher can gather the proper data and can successfully attain the objective of the research, as the research is comprised of 25 employees out of 70 who have more than 15 years of experience. Besides this, these employees can provide valid and reliable data to the researcher through their experience regarding the Strategic supply chain management in the manufacturing firm of India.
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STRATEGIC SUPPLY CHAIN MANAGEMENT 25 4.2.4. Table 4 Electrical IndustryAutomobile IndistryProcess IndustryMachinery IndustryElectronics Industry 0 10 20 30 40 50 60 70 Please mentioned the category of industry From the above diagram, it could be observed that the researcher has also asked the participants regarding the type of industry from which they belong, in order to analyse the data properly as per different industry. To conduct the research regarding the strategic supply chain management in the Indian manufacturing firms, the total number of participants for the research is 70 out of them 65 of the employees belongs to the electrical industry and the remaining ones are from automobile, process, machinery, and electronics industry. The number of employees from the electrical industry is more because the entire research is based on the research proposal and according to that, the entire research has to be conducted on strategic supply chain management of the electrical industry. As the Indian electrical industry is presently one of the most complex as well as critical industry which require the most effective supply chain management such that there is no wastage of the resources (Electricity innovation Lab, 2015). 4.2.5 In this question the researcher asked from the participant regarding the concept of strategic supply chain management and why it is important for the businesses. According to the
STRATEGIC SUPPLY CHAIN MANAGEMENT 26 analysis most of the respondent answered that strategic supply chain management is the active management of the activities of supply chain used to increase value for the customers and attain a sustainable competitive advantage (Gold, Seuring and Beske, 2010). Supply chain management is also the process of designing, planning, implementing, controlling, and monitoring of the activities of the supply chain with the motive of enhancing new value, attain a competitive advantage, leveraging global logistics, coordinating the demand with the supply and evaluating the performance at world level. According to some participants, strategic supply chain management is important for every business because it support the business in tracking the movement of the stock, storage of the material needed for manufacturing end product, designing a product, inventory management, and keeping the track of the finished products (Barney, 2012). 4.2.6. Table 5 Not SuccessfullySomewhat SuccessfulSuccessfullyVery Successfully 0 5 10 15 20 25 30 35 40 To what extent your company/ industry are successful in managing its supply chain management? To what extent your company/ industry are successful in managing its supply chain management? From the above analysis, it can be observed that researcher asked question from the participants regarding at what level their industry is able to manage the supply chain management. As the response, 35 of the employees from the total 70 employees said that their business/ industry are somewhat successful in managing the supply chain. This is when; their industry is comprised of number of experienced skilled people. This situation has been raised majorly in the electrical industry due to arise of few challenges which are raising barriers in front of the effective supply chain operations of the industry. These barriers have resulted in the failure of different projects of the industry (Alstone, Gershenson and Kammen, 2015). Besides this, the above analysis highlights that there are very less number of
STRATEGIC SUPPLY CHAIN MANAGEMENT 27 employees i.e. 6, out of 70, who think their businesses are able to manage the supply chain very successfully. In addition, not successfully, and successfully extends have reached almost equal number of preference which is comprised of not successfully and successfully. 4.2.7. Table 6 79% 21% Is your industry's Supply Chain Management is having sufficient transportation? Yes No Intheabovequestion,theresearchersaskedtherespondentregardingthesufficient transportation in their supply chain management. From the analysis, it has been identified that 79% of the respondent said that their supply chain management is comprised of sufficient transportation. This reflects that Indian manufacturing firms is incorporated with sufficient transportation into their supply chain which support them in proper delivery and storage of the material and product that are being processed into the supply chain process. However, on the other side, only 29% of the employees feel that their business/ industry is not comprised of sufficient transportation which can result in wastage of lot of money as well as time of all the intermediates involved in the supply chain. From the above presented literature review, it has been identified that it is very important to have proper supply chain management in order to avoid all the challenges present in the procedure. Therefore, it is recommended that the
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STRATEGIC SUPPLY CHAIN MANAGEMENT 28 management of the business must focus on establishing an efficient supply chain process into the operations. 4.2.8. Table 7 Increasing DemandIncreasing CostEnvironmental IssuesCost ControlAll of the above 0 5 10 15 20 25 30 35 Type of Challenges industry is experiencing TheabovepresentedgraphishighlightingthetypeofchallengesthattheIndian manufacturing industry is dealing with. From the analysis, it could be observed that most of the respondent that is 30 employees thinks that their industry’s supply chain is dealing the environmental issues, which are raising challenges in front of their productivity as well as goals. Besides this, 5 out of 70 participants think the all the mentioned challenges that is increasing demand, increasing cost, environmental issues, and cost control are being faced by their industry. The analysis highlights that, at major level electrical industry of India is dealing with all these challenges but the major challenge for its supply chain is environmental issues (Talib, Rahman and Qureshi, 2013). It is being said because the electrical industry is the one which is related with the exploitation of natural resources and wastage. 4.2.8. Table 7
STRATEGIC SUPPLY CHAIN MANAGEMENT 29 OutstandingExcellentBestGoodAverage 10 15 20 5 20 Rate the working strategies of the supply chain management department on the basis of current program The above graph is representing the rating given by the participants on the working strategies ofthesupplychainmanagementonthebasisofcurrentprogram.Fromtheabove observation, it could be said that equal number of employees that is 20 employees think that working strategies of their supply chain management department are best and average. On the other side, only 5 employees out of 70 employees think that their working strategies of the supply chain management are good. 10 of the participants stated that their working strategies of the supply chain management are outstanding. The data reflects that Indian manufacturing firms have best working strategies into their supply chain management outline. 4.2.9. Table 8 0 10 20 30 40 As per the current situation, what type of supply chain management must be adopted in your industry? As per the current situation, what type of supply chain management must be adopted in your industry? The above data is highlight the opinions of the Indian manufacturing firms employees regarding what type of supply chain management must be adopted in the industry. From the
STRATEGIC SUPPLY CHAIN MANAGEMENT 30 above analysis, total 40 employees out of 70 employees think that there is need of green supply chain management into the operations. From this maximum of the employees are from electrical industry who says that industry is in need to green supply chain management. Because green supply chain management is the single procedure that is incorporating the environmental aspects and thinking in the supply chain management which is generally comprised of designing of the product, sourcing and selection of material, procedure of manufacturing, finished product delivery to the end customer and end-of-life management of the product after the product’s useful life (Kumar, Chattopadhyaya and Sharma, 2012). Furthermore, 20 employees out of 70 employees think that Indian manufacturing firms must get involved in the lean supply chain management in order to improve the operations and increase productivity. The lean supply chain is said to be one that endlessly struggles for development in the exertion to eradicate waste or added activities that offer no value in the supply chain. 4.2.10. In this survey question, the researcher has tried to ask the respondents regarding the approaches that industry must adopt in order to have effective supply chain management. According to the analysis, it has been identified that businesses involved in the manufacturing industry must work with its skilled and talented employees for creating effective approaches. The company involved in the system must try to offer innovative solutions to its clients. Besides this, they must work to offer variety of flexible as well as end to end specialized solutions of the supply chain.
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STRATEGIC SUPPLY CHAIN MANAGEMENT 31 4.2.11. Table 9 ExcellentVery EffectiveGoodAverageBelow Average 0 5 10 15 20 25 30 How you rate the delivery activity of the department? How you rate the delivery activity of the department? The above question is related to identify the effectiveness of the delivery activity of the Indian manufacturing firms. From the above analysis, it could be observed that around 25 participants out of 70 employees’ views that their department is comprised of average delivery activity. This reflects that Indian electrical industry is able to only attain average delivery activities into the procedure, so this could be said that there is high need for the industry to improve its delivery activity by meeting the gap between supply and demand. Besides this, only 5 of the participants think that delivery activity of their supply chain departmentis excellent.This is because these employeesare part of automobile and electronic industry of India, which is accomplished with some best logistics and supply chain operatorswhoensurethebestandeffectivesupplychainoperations(Tummalaand Schoenherr, 2011).
STRATEGIC SUPPLY CHAIN MANAGEMENT 32 4.2.12. Table 10 Strongly AgreeAgreeNeutralDisagreeStrongly disagree 0 5 10 15 20 25 30 35 40 Do you think involvement of the employees can result in improved supply chain management? Do you think involvement of the employees can result in improved supply chain management? With the help of above question the researcher is trying to ask participants is it true that involvement of the employees in the system results in improved supply chain management. From the above data, it could be noticed that maximum of the participants that is 35 employeesstronglyagreethatinvolvementoftheemployeesinthedecisionmaking proceduresresultsinimprovedsupplychainmanagement.Thisisbecauseinvolving employees into the decision making procedure motivates them to improve their productivity and establishes a positive business culture as well as environment. With the policies of employee involvement, support business in attracting talented and skilled employees towards the business (Carmeli, Reiter-Palmon and Ziv, 2010). From the above analysis, it could also be noticed that only 1 from the total participants strongly disagree with the statement that involvement of the employees in the decision making results in improving the performance of the supply chain and eventually the performance of the entire organization. 4.3. Findings The key findings of the above study are as follows: Strategic supply chain management is one of the key operations of every organization of everysize.Insupporttothis,RobertHandfield,statesthat,StrategicSupplychain management is said to be one of the most significant portion of every business, where it is a small, medium, or large. As stated by the experts of supply chain management, it is also the procedure of designing, planning, implementing, controlling, and monitoring of the activities of the supply chain with the motive of enhancing new value, attain a competitive advantage,
STRATEGIC SUPPLY CHAIN MANAGEMENT 33 leveraging global logistics, coordinating the demand with the supply and evaluating the performance at world level. The research has identified that Indian electrical industry is one of the most complex as well as largest manufacturing industry across the world which is trying to meet the needs of millions of people. In support to this, the Indian logistics company i.e. DHL stated that the electrical industry of India is complex,constructing a diverse scope of items that are operated through high innovation equipment to low innovation electrical segments (DHL, 2019). This electrical business is regarded as a serious work sector, which offers direct employment to around 5, 00,000 people and a further deviant work to 1 million people (SME Venture, 2017). Therefore, in order to manage the operations of such large industry, it becomes very important to have a strategic supply chain management that could work towards eliminating all types of industry challenges and well as increase the productivity of the manufacturing and logistics companies. From the above analysis, it has been identified that strategic supply chain is comprised of three main levels. In support to this, Murray (2019), states the three levels that is strategic, tactical, and operational. Under strategic level, the management of the business take high level decisions related to supply chain that are pertinent to the entire organizations. The Indian manufacturing industries majorly the electrical industry has altered at major level to provide number of opportunities in the value chain. In support to this, the logistics DHL stated that Indian electrical market has become the fifth largest market of the world in regards to the capacity of energy generation and the third largest in the context of network. The increasing demand, up gradation, and network extension, decrease in the intensity of the energy, unbundling of the services of supply and development of trade of cross-border, open number of opportunities for this industry. However, it deals with some of the challenges that arecomplexity, consistency. Increasing demand, external forces like environment, and cost control. In order to overcome the supply chain management challenges from the electrical industry, it is said that businesses must adopt lean supply chain management. In support to this,Myerson (2012),stated that thelean supply chain is said to be one that endlessly struggles for development in the exertion to eradicate waste or added activities that offer no value in the supply chain.
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STRATEGIC SUPPLY CHAIN MANAGEMENT 34 Furthermore, to overcome the environmental challenges present in the supply chain of the electrical industry of India, it is important to adopt green supply chain management, as it not just considers the economic perspective but also encompasses environmental perspective. In support to this,Simpson and Sampson (2008), statedinvestments in the greening can reduce wastage, enhance productivity, and save lot of resources of the industries involved in the exploitationofnaturalresourcesorotherresourcessuchaselectricalindustry.The researchers suggest three approaches to be adopted in the execution of green supply chain management are reactive, proactive, and value seeking. The significance of the Green Supply Chain Management for the success of the organization has attained a major attention in present years. Many of the researchers have conducted research on the topic and identified that many nations are already making use of green supply chain management in order to eliminate the harmful effects of the manufacturing procedures over the environment. Conclusion and Recommendations The research topic is the strategic supply chain management- an exploratory study of Indian manufacturing firms. The research has examined each and every detailed aspect of the concept that represented a quality and reliable report which highlights that supply chain management is one of the most essential activities of the business that must be operated with utmostcareandconcentration.Thestudyhasincorporatednumberofessentialand significant concept and recent supply chain management trends that are being followed by number of companies in different countries. Besides this, the research has identified views of different authors regarding the research issue that is strategic supply chain management in the Indian manufacturing firms. The research has been majorly conducted over the electrical industry of India which represents one of the key part of the economy as well as the significant part of every organization. The research has identified number of challenges in the industry but also has highlighted the ways to overcome them. From the above analysis, it has been identified that supply chain management, is the procedure of designing, planning, implementing, controlling, and monitoring of the activities of the supply chain with the motive of enhancing new value, attain a competitive advantage, leveraging global logistics, coordinating the demand with the supply and evaluating the performance at world level. The other key areas where strategic supply chain management is associated are procurement, information technology, logistics, and operations.
STRATEGIC SUPPLY CHAIN MANAGEMENT 35 Supply chain management is the network of facilities and distribution that works as the roles of material procurement, conversion of the raw material into finished products, and finally the distribution of the final good to the end users and customers. Supply Chain Management is comprised of integration activities placed in the network of facilities that acquire raw material, convert them in the intermediate and final products, and distribute the products to the end users with the help of distribution system. In the manufacturing industry of India, the electricity industry has changed majorly to offer a broad variety of opportunities in the value chain, in both, the structured and derestricted companies. Indian electrical market is said to the fifth largest market of the world in regards to the capacity of energy generation and the third largest in the context of network. There are number of opportunities into the industry that is the increasing demand, up gradation, and network extension, decrease in the intensity of the energy, unbundling of the services of supply and development of trade of cross-border. However, it deals with some of the challenges that arecomplexity, consistency, increasing demand, external forces like environment, and cost control. In order to overcome these challenges, one of the largest Indian logistics firms that are DLH is putting its maximum efforts to overcome these challenges. The company is involved in different innovative solutions and projects for the clients. Besides this, company working towards addressing upsurging demand of the energy, by driving reductions in the cost, handling safety and health standards, and decreasing time invested in the research of the market are the difficult job which obliges partnership with the logistics partners. In addition to this, the researcher has highlighted some other method too that could be used to overcome these challenges such as lean supply chain management and green supply chain management. The lean supply chain is said to be one that endlessly struggles for development in the exertion to eradicate waste or added activities that offer no value in the supply chain. On the other side, to overcome the environmental issues from the supply chain management, green supply chain is the only best solution left with the businesses involved in the electrical industry of India. Green Supply Chain Management has its origins in the literature of environment and strategic supply chain management. As per the previous research conducted on the supply chain management,reflectsthatinvestmentsinthegreeningcanreducewastage,enhance productivity, and save lot of resources of the industries involved in the exploitation of natural resources or other resources such as electrical industry. The suitable expansion of the green
STRATEGIC SUPPLY CHAIN MANAGEMENT 36 supply chain management theory and practices can assist the country in decreasing the environmentalimpact of the manufacturingfirms and productsdisposal and result in enhancing social and economic position of the nation. Green supply chain management could be utilized as an environmental instrument to enhance the business environmental image and attaincompetitivenessintheinternationalmarket.Inordertoidentifythisdetailed information the researcher has involved its maximum efforts and knowledge into the study. Besides this, in order to gain the reliable and valid data the researcher has conducted primary as well as secondary data analysis, through which the conclusion could be made that the Indian electrical industry has yet to go a long way, and therefore it needs to work towards improving the operations of the system. From the above analysis, it could be recommended that Indian managers need to appreciate and work towards the green element of the supply chain which eventually improve the morale oftheemployee,satisfactionofthecustomer,andcompany’smarketshare.Itis recommended the businesses must adopt a holistic approach for the successfully green supply chain management execution. Leadership, culture of the organization, behaviour of the employee, and structure of the organization have a major influence on the strategic execution of the green supply chain management. Hence, businesses that have suppliers and third party relations, in the greening in advance of their competitors- initiate a growth path that offers a constant competitive advantage and continues for the future. In the context of conducting the research, it is recommended to gather true and reliable data such that a conclusion can be driven from the study. Besides this, sufficient number of participants must be involved in the research in order to have correct and precise data that could support the researchers and readers in the future studies and developments.
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