Factors discriminating inventory management performance: an exploratory study of Indian machine tool SMEs

Purpose: There are many kinds of methods to evaluate the inventory management and economic performance of small and medium enterprises, but they still have some distinct shortcomings. In order to achieve a better evaluation result, we put forward a new model based on the evidences from developing co...

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Detalles Bibliográficos
Autor: Pillai, Rajeev Narayana
Tipo de recurso: artículo
Fecha de publicación:2014
País:España
Institución:Universitat Politècnica de Catalunya (UPC)
Repositorio:UPCommons. Portal del coneixement obert de la UPC
Idioma:inglés
OAI Identifier:oai:upcommons.upc.edu:2099/15006
Acceso en línea:https://hdl.handle.net/2099/15006
Access Level:acceso abierto
Palabra clave:Inventory control
Small business -- India
Inventory management
Inventory management performance
Machine tool
SMEs
Gestió d'estocs
Empreses petites i mitjanes -- Índia
Àrees temàtiques de la UPC::Economia i organització d'empreses::Direcció d'operacions::Modelització de transports i logística
Descripción
Sumario:Purpose: There are many kinds of methods to evaluate the inventory management and economic performance of small and medium enterprises, but they still have some distinct shortcomings. In order to achieve a better evaluation result, we put forward a new model based on the evidences from developing country like India. Approach: This survey study, mainly based on the evidences from machine tool SMEs in India uses statistical methods to avoid the drawbacks of qualitative techniques. Findings: Through empirical data, it is established that ‘technology’ is not the only concern, but other factors related to human resource, economic, organizational and behavioral aspects of SMEs are also vital in improving their IM performance. Originality: This study combines the role of factors such as managerial, technological, economical and contingency together for the first time in the context of SMEs.