Wednesday, July 8, 2009

Topic : SCM Thailand‏

Effective supply chain management (SCM) has
become an emergent strategy for Thai manufacturers
to secure competitive advantage and improve organizational
performance in today’s highly volatile global
market. This research identifies eight strategic characteristics
of SCM (interand
intraorganizational
communication,
organizational flexibility, interorganizational
relationships, supply chain coordination,
outsourcing, inventory management and mass customization
manufacturing strategy) among Thai
manufacturers and empirically tests their relationships
with organizational performance.
Data for the study were collected from 294
manufacturing organizations in Thailand and the
relationships proposed in the research model were
tested using Person’s correlation analysis. The
results illustrate the significant positive relationships
between the eight SCM characteristics and
organizational performance. This indicates the
importance of these SCM strategic characteristics
which firms need to develop and implement
effectively in order to maximize organizational performance.
The findings reveal that organizational
flexibility has the strongest relationship with performance.
Therefore, it should be a top priority of
management in SCM implementation. Moreover,
firms need to communicate, coordinate, collaborate,
and build trusting relationship among members of
the supply chain network, as well as implement
outsourcing, (justintime)
inventory, and mass
customization strategy in order to improve longterm
performance of the individual organization and the
supply chain as a whole. The study helps manufacturers
in the development and implementation
of effective SCM which is a key to sustaining
competitiveness in today’s globalizing economy.

Supply chain management (SCM) is an important
issue facing many organizations worldwide. SCM is
an important area that helps maximize competitiveness
and profitability for the company as well as other
supply chain members which integrate and coordinate
across their whole extended network (Lambert
and Cooper, 1998). Managing the supply chain has
become a way of improving competitiveness by
reducing uncertainty and enhancing customer service.
Not all firms are successful in achieving a higher
level of performance even if they have implemented
the SCM concepts. In order for firms to succeed,
survive, and sustain their competitive positions,
certain characteristics of SCM have to exist. This
research tries to identify the characteristics that bring
or create strategic advantages to Thai manufacturers
as well as help them sustain their competitive
advantages and maximize performance. In the long
run, these SCM characteristics add value to the firms,
their stakeholders, and their supply chain partners.

Reference : http://www.bu.ac.th/knowledgecenter/epaper/july_dec2008/Titinan.pdf

1 comment:

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