Quantifying the influence of supplier relationship management and supply chain performance: an investigation of Bangladesh’s manufacturing and service sectors
Purpose: This study explores the impact of Supplier Relationship Management (SRM) practices on supply chain performance, with a focus on cost efficiency, within the dynamic context of Bangladesh. The purpose is to elucidate the relationships between SRM practices, specifically Supplier Collaboration...
| Autores: | , , |
|---|---|
| Formato: | artículo |
| Estado: | Versión publicada |
| Fecha de publicación: | 2024 |
| País: | Brasil |
| Recursos: | Associação Brasileira de Engenharia de Produção (ABEPRO) |
| Repositorio: | Brazilian Journal of Operations & Production Management (Online) |
| Idioma: | inglés |
| OAI Identifier: | oai:ojs.bjopm.org.br:article/2015 |
| Acesso em linha: | https://bjopm.org.br/bjopm/article/view/2015 |
| Access Level: | acceso abierto |
| Palavra-chave: | Supplier Relationship Management SRM Practices Supply Chain Performance Cost Efficiency Emerging Markets Bangladesh |
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Quantifying the influence of supplier relationship management and supply chain performance: an investigation of Bangladesh’s manufacturing and service sectorsSupplier Relationship ManagementSRM PracticesSupply Chain PerformanceCost EfficiencyEmerging MarketsBangladeshPurpose: This study explores the impact of Supplier Relationship Management (SRM) practices on supply chain performance, with a focus on cost efficiency, within the dynamic context of Bangladesh. The purpose is to elucidate the relationships between SRM practices, specifically Supplier Collaboration, Supplier Development, Supplier Evaluation and Selection, and Long-Term Supplier Relationships, and their influence on cost efficiency within supply chains. Design/Methodology/Approach: A quantitative research approach was employed, utilizing regression analysis and correlation analysis to analyze data collected through a structured survey from 270 Participants within Bangladesh’s Manufacturing and Service Sectors. The research adopted a cross-sectional time horizon, providing a snapshot view of the relationships between SRM practices and cost efficiency. Findings: The findings reveal that Supplier Collaboration and Long-Term Supplier Relationships significantly and positively influence cost efficiency within the supply chains of Bangladeshi organizations. These SRM practices collectively contribute to approximately 64.2% of the variance in cost efficiency, emphasizing their critical role in optimizing supply chain performance. Research Limitations/Implications: Limitations of this study include its cross-sectional nature and the focus on a specific set of SRM practices. Future research can explore additional SRM dimensions and employ longitudinal approaches for deeper insights. Practical Implications: Practitioners can leverage the study's findings to enhance supply chain performance by implementing holistic SRM strategies, fostering collaborative supplier relationships, and nurturing long-term partnerships with suppliers. Social Implications: This research contributes to the broader economic landscape of Bangladesh by highlighting the importance of SRM practices in enhancing cost efficiency, which can ultimately lead to economic growth and competitiveness. Originality/Value: This study extends the understanding of SRM practices by examining their applicability and significance in an emerging market like Bangladesh. It underscores the originality and value of SRM as a strategic imperative for organizations operating in diverse contexts.Brazilian Association for Industrial Engineering and Operations Management (ABEPRO)2024-04-05info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionResearch paperapplication/pdfhttps://bjopm.org.br/bjopm/article/view/201510.14488/BJOPM.2015.2024Brazilian Journal of Operations & Production Management; Vol. 21 No. 2 (2024); 2015 2237-8960reponame:Brazilian Journal of Operations & Production Management (Online)instname:Associação Brasileira de Engenharia de Produção (ABEPRO)instacron:ABEPROenghttps://bjopm.org.br/bjopm/article/view/2015/1070Copyright (c) 2024 Md Mehedi Hasan Emon, Tahsina Khan, Saleh Ahmed Jalal Siamhttp://creativecommons.org/licenses/by/4.0info:eu-repo/semantics/openAccessEmon, Md Mehedi HasanKhan, TahsinaSiam, Saleh Ahmed Jalal2024-04-06T00:33:05Zoai:ojs.bjopm.org.br:article/2015Revistahttps://bjopm.org.br/bjopmONGhttps://bjopm.org.br/bjopm/oaibjopm.journal@gmail.com2237-89601679-8171opendoar:2024-04-06T00:33:05Brazilian Journal of Operations & Production Management (Online) - Associação Brasileira de Engenharia de Produção (ABEPRO)false |
| dc.title.none.fl_str_mv |
Quantifying the influence of supplier relationship management and supply chain performance: an investigation of Bangladesh’s manufacturing and service sectors |
| title |
Quantifying the influence of supplier relationship management and supply chain performance: an investigation of Bangladesh’s manufacturing and service sectors |
| spellingShingle |
Quantifying the influence of supplier relationship management and supply chain performance: an investigation of Bangladesh’s manufacturing and service sectors Emon, Md Mehedi Hasan Supplier Relationship Management SRM Practices Supply Chain Performance Cost Efficiency Emerging Markets Bangladesh |
| title_short |
Quantifying the influence of supplier relationship management and supply chain performance: an investigation of Bangladesh’s manufacturing and service sectors |
| title_full |
Quantifying the influence of supplier relationship management and supply chain performance: an investigation of Bangladesh’s manufacturing and service sectors |
| title_fullStr |
Quantifying the influence of supplier relationship management and supply chain performance: an investigation of Bangladesh’s manufacturing and service sectors |
| title_full_unstemmed |
Quantifying the influence of supplier relationship management and supply chain performance: an investigation of Bangladesh’s manufacturing and service sectors |
| title_sort |
Quantifying the influence of supplier relationship management and supply chain performance: an investigation of Bangladesh’s manufacturing and service sectors |
| dc.creator.none.fl_str_mv |
Emon, Md Mehedi Hasan Khan, Tahsina Siam, Saleh Ahmed Jalal |
| author |
Emon, Md Mehedi Hasan |
| author_facet |
Emon, Md Mehedi Hasan Khan, Tahsina Siam, Saleh Ahmed Jalal |
| author_role |
author |
| author2 |
Khan, Tahsina Siam, Saleh Ahmed Jalal |
| author2_role |
author author |
| dc.subject.por.fl_str_mv |
Supplier Relationship Management SRM Practices Supply Chain Performance Cost Efficiency Emerging Markets Bangladesh |
| topic |
Supplier Relationship Management SRM Practices Supply Chain Performance Cost Efficiency Emerging Markets Bangladesh |
| description |
Purpose: This study explores the impact of Supplier Relationship Management (SRM) practices on supply chain performance, with a focus on cost efficiency, within the dynamic context of Bangladesh. The purpose is to elucidate the relationships between SRM practices, specifically Supplier Collaboration, Supplier Development, Supplier Evaluation and Selection, and Long-Term Supplier Relationships, and their influence on cost efficiency within supply chains. Design/Methodology/Approach: A quantitative research approach was employed, utilizing regression analysis and correlation analysis to analyze data collected through a structured survey from 270 Participants within Bangladesh’s Manufacturing and Service Sectors. The research adopted a cross-sectional time horizon, providing a snapshot view of the relationships between SRM practices and cost efficiency. Findings: The findings reveal that Supplier Collaboration and Long-Term Supplier Relationships significantly and positively influence cost efficiency within the supply chains of Bangladeshi organizations. These SRM practices collectively contribute to approximately 64.2% of the variance in cost efficiency, emphasizing their critical role in optimizing supply chain performance. Research Limitations/Implications: Limitations of this study include its cross-sectional nature and the focus on a specific set of SRM practices. Future research can explore additional SRM dimensions and employ longitudinal approaches for deeper insights. Practical Implications: Practitioners can leverage the study's findings to enhance supply chain performance by implementing holistic SRM strategies, fostering collaborative supplier relationships, and nurturing long-term partnerships with suppliers. Social Implications: This research contributes to the broader economic landscape of Bangladesh by highlighting the importance of SRM practices in enhancing cost efficiency, which can ultimately lead to economic growth and competitiveness. Originality/Value: This study extends the understanding of SRM practices by examining their applicability and significance in an emerging market like Bangladesh. It underscores the originality and value of SRM as a strategic imperative for organizations operating in diverse contexts. |
| publishDate |
2024 |
| dc.date.none.fl_str_mv |
2024-04-05 |
| dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Research paper |
| format |
article |
| status_str |
publishedVersion |
| dc.identifier.uri.fl_str_mv |
https://bjopm.org.br/bjopm/article/view/2015 10.14488/BJOPM.2015.2024 |
| url |
https://bjopm.org.br/bjopm/article/view/2015 |
| identifier_str_mv |
10.14488/BJOPM.2015.2024 |
| dc.language.iso.fl_str_mv |
eng |
| language |
eng |
| dc.relation.none.fl_str_mv |
https://bjopm.org.br/bjopm/article/view/2015/1070 |
| dc.rights.driver.fl_str_mv |
Copyright (c) 2024 Md Mehedi Hasan Emon, Tahsina Khan, Saleh Ahmed Jalal Siam http://creativecommons.org/licenses/by/4.0 info:eu-repo/semantics/openAccess |
| rights_invalid_str_mv |
Copyright (c) 2024 Md Mehedi Hasan Emon, Tahsina Khan, Saleh Ahmed Jalal Siam http://creativecommons.org/licenses/by/4.0 |
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openAccess |
| dc.format.none.fl_str_mv |
application/pdf |
| dc.publisher.none.fl_str_mv |
Brazilian Association for Industrial Engineering and Operations Management (ABEPRO) |
| publisher.none.fl_str_mv |
Brazilian Association for Industrial Engineering and Operations Management (ABEPRO) |
| dc.source.none.fl_str_mv |
Brazilian Journal of Operations & Production Management; Vol. 21 No. 2 (2024); 2015 2237-8960 reponame:Brazilian Journal of Operations & Production Management (Online) instname:Associação Brasileira de Engenharia de Produção (ABEPRO) instacron:ABEPRO |
| instname_str |
Associação Brasileira de Engenharia de Produção (ABEPRO) |
| instacron_str |
ABEPRO |
| institution |
ABEPRO |
| reponame_str |
Brazilian Journal of Operations & Production Management (Online) |
| collection |
Brazilian Journal of Operations & Production Management (Online) |
| repository.name.fl_str_mv |
Brazilian Journal of Operations & Production Management (Online) - Associação Brasileira de Engenharia de Produção (ABEPRO) |
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bjopm.journal@gmail.com |
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15,301629 |