Force field analysis of Indian automotive strategic sourcing risk management enablers and barriers
Purpose: Strategic sourcing and supply risk management have become interesting topics of research in the recent years. Automotive industry experts are increasingly focussing on improving the supply efficiency and performance towards gaining sustainable competitive advantage. This study aims to classify, through an exhaustive review of past literature, the various enablers and barriers of strategic sourcing risk management (SSRM) and use them to identify the problems in the automobile sector. Design/methodology/approach: For the purpose of this research, responses were collected through structured questionnaire from respondents belonging to senior management cadre in the industry. Factor analysis and force field analysis tools have been used for analysis. Findings: Through independent exploratory factor analysis (EFA), four SSRM enablers, namely, supplier risk assessment, data sharing in supply network, partnership with supplier and supply flexibility, were identified. Similarly EFA revealed four SSRM barriers, namely, cost focus, ad hoc or poor planning, data security/privy breaches and hard visualization of SSRM benefits. Through a force field analysis, it was found out that the barriers had a higher impact on the SSRM initiatives than enablers. Practical implications: The research suggests the ways how managers can reduce the impact of barriers and increase the enabling forces. Originality/value: This paper enumerates the barriers and enablers together on the same platform to prioritize and evolve strategies to overpower the barriers and strengthen the enablers.
Year of publication: |
2018
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Authors: | Kumar Sharma, Satyendra ; Singh, Ravinder ; Matai, Rajesh |
Published in: |
Measuring Business Excellence. - Emerald, ISSN 1368-3047, ZDB-ID 2039437-8. - Vol. 22.2018, 3 (08.08.), p. 258-275
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Publisher: |
Emerald |
Saved in:
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