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Supply chain management is the management of upstream and downstream activities, resources, and relationships with suppliers and customers, which is required to deliver products or services.
The iron and steel industry presents one of the most energy intensive sectors within the Indian economy and is therefore of particular interest in the context of both local and global environmental discussions. . A historical examination of productivity growth in Indias industries embedded into a broader analysis of structural composition and policy changes will help identify potential future development strategies that lead towards a more sustainable development path.
To see the effect of implementation of supply chain management technique on the productivity of the company, across the period of time. To study the inventory of the company before and after implementation of supply chain management. To make a study of the working capital management of the company before and after implementation of supply chain management. To compare the reduction in the cost of production after implementation of Supply chain management
Descriptive research, also known as statistical research, describes data and characteristics about what is being studied. The idea behind this type of research is to study frequencies, averages, and ratios. Secondary data that is collected from the Annual Reports, Financial Statements, manuals and other information taken from website of the organisation
There are two method for analysis :1) Non-Financial Performance Measures 2) Financial Measures
Working Capital
Inventory Turnover
Debtors Turnover
EBITDA/Turnover
SAP R/3 solutions within Tata Steel has led to efficient business processes, enhanced customer service, reduced costs, improved productivity etc. The company has spent close to Rs.40 crore on SAP implementation, and has saved Rs.33 crore within a few months of implementation.
There is an opportunity to reduce inventorycarrying costs by improving the share of vendor-managed inventory. Evaluate SAP functions for a monthly rolling budget forecast based on a total cost breakdown for existing cost centers. The company could save time and streamline communication by using the new SAP solutions.
The purpose of this research was to provide better understanding how SAP and ecommerce has helped the Tata Steel to be more competitive. After going through the analysis we can assume that all the research issues were answered.
Books:
Sunil Chopra, Peter Meindl; Supply Chain Management Strategy Planning & Operation, Pearson Education, 2nd ed. 2004
Bayles; e-commerce Logistics and fulfillment, Pearson Education, Business Logistics/ Supply Chain Management Ballon, Pearson Education