Supply Chain Management System In Manufacturing Industry – A Special Reference to Keltron Corporation Ltd, Karakulam

Abstract

Supply Chain Management (SCM) is a crucial factor to enhance the operational efficiency of the business, minimize delay, inventory control, and facilitate smooth coordination between procurement, production, warehousing and distribution. The present study analyses the Supply Chain Management system followed in KELTRON Equipment Complex, Karakulam, Kerala. The study primarily deals with the procurement and supplier relationship management, inventory management and warehousing and production planning and distribution of the company. Secondary data was gathered from company records, journals, reports and organizational documents. Evaluation was done using various analytical tools such as Value Stream Mapping (VSM), Pareto Analysis, Supplier Performance Scorecard, Lead Time Analysis, ABC Inventory Analysis, Economic Order Quantity (EOQ), Cycle Time Analysis and Bottleneck Analysis. The research revealed that the main operational challenges were delays in procurement, problems of reliability of suppliers, inefficiency in inventory management, production bottlenecks etc. EOQ and ABC analysis helped to plan inventory efficiently and bottleneck analysis revealed that PCB Assembly is the critical bottleneck for production. The research finally states that better coordination of suppliers, automation systems, lean scheduling, and technology-driven inventory management systems can make a significant impact on operational effectiveness and supply chain performance.