Do Supply Chain Management Practices Contribute Firm Competitiveness? A Study based on Medium Scale Entrepreneurial Firms in Sri Lanka

<p>It is evident that supply chain management (SCM) practices are widely practiced by large scale and established business organizations as benchmark. Not only the large firms but also the small and medium scale businesses are required to follow these practices to achieve the growth. Further,...

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Main Authors: W.A.D.S Wijetunge, R. Ranwala
Format: Article
Language:English
Published: Faculty of Commerce & Manangement Studies, University of Kelaniya 2017-12-01
Series:Kelaniya Journal of Management
Subjects:
Online Access:https://kjm.sljol.info/articles/7545
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author W.A.D.S Wijetunge
R. Ranwala
author_facet W.A.D.S Wijetunge
R. Ranwala
author_sort W.A.D.S Wijetunge
collection DOAJ
description <p>It is evident that supply chain management (SCM) practices are widely practiced by large scale and established business organizations as benchmark. Not only the large firms but also the small and medium scale businesses are required to follow these practices to achieve the growth. Further, present business environment is very competitive and organizations should face this as a challenge. This study is undertaken to empirically investigate the impact of supply chain management on competitiveness. Sample consists of 327 production managers of medium scale entrepreneurial firms (manufacturing sector) in Colombo district. The analyzed data supports the hypotheses revealing that higher the level of involvement in SCM practices higher the competitiveness. Further, it is found that except level of information quality and lean practices, other practices of SCM (Strategic partnership with suppliers, customer relationship, level of information sharing and internal supply chain process are significant factors that affect firm competitiveness.</p>
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spelling doaj.art-8d78360ff6af4d6abe72fc84772052ca2022-12-21T18:59:38ZengFaculty of Commerce & Manangement Studies, University of KelaniyaKelaniya Journal of Management2279-14692448-92982017-12-0162526710.4038/kjm.v6i2.75455691Do Supply Chain Management Practices Contribute Firm Competitiveness? A Study based on Medium Scale Entrepreneurial Firms in Sri LankaW.A.D.S Wijetunge0R. Ranwala1Department of Commerce and Financial Management, University of KelaniyaDepartment of Commerce and Financial Management, University of Kelaniya<p>It is evident that supply chain management (SCM) practices are widely practiced by large scale and established business organizations as benchmark. Not only the large firms but also the small and medium scale businesses are required to follow these practices to achieve the growth. Further, present business environment is very competitive and organizations should face this as a challenge. This study is undertaken to empirically investigate the impact of supply chain management on competitiveness. Sample consists of 327 production managers of medium scale entrepreneurial firms (manufacturing sector) in Colombo district. The analyzed data supports the hypotheses revealing that higher the level of involvement in SCM practices higher the competitiveness. Further, it is found that except level of information quality and lean practices, other practices of SCM (Strategic partnership with suppliers, customer relationship, level of information sharing and internal supply chain process are significant factors that affect firm competitiveness.</p>https://kjm.sljol.info/articles/7545SCM practicesCompetitivenessEntrepreneurial firms
spellingShingle W.A.D.S Wijetunge
R. Ranwala
Do Supply Chain Management Practices Contribute Firm Competitiveness? A Study based on Medium Scale Entrepreneurial Firms in Sri Lanka
Kelaniya Journal of Management
SCM practices
Competitiveness
Entrepreneurial firms
title Do Supply Chain Management Practices Contribute Firm Competitiveness? A Study based on Medium Scale Entrepreneurial Firms in Sri Lanka
title_full Do Supply Chain Management Practices Contribute Firm Competitiveness? A Study based on Medium Scale Entrepreneurial Firms in Sri Lanka
title_fullStr Do Supply Chain Management Practices Contribute Firm Competitiveness? A Study based on Medium Scale Entrepreneurial Firms in Sri Lanka
title_full_unstemmed Do Supply Chain Management Practices Contribute Firm Competitiveness? A Study based on Medium Scale Entrepreneurial Firms in Sri Lanka
title_short Do Supply Chain Management Practices Contribute Firm Competitiveness? A Study based on Medium Scale Entrepreneurial Firms in Sri Lanka
title_sort do supply chain management practices contribute firm competitiveness a study based on medium scale entrepreneurial firms in sri lanka
topic SCM practices
Competitiveness
Entrepreneurial firms
url https://kjm.sljol.info/articles/7545
work_keys_str_mv AT wadswijetunge dosupplychainmanagementpracticescontributefirmcompetitivenessastudybasedonmediumscaleentrepreneurialfirmsinsrilanka
AT rranwala dosupplychainmanagementpracticescontributefirmcompetitivenessastudybasedonmediumscaleentrepreneurialfirmsinsrilanka