Strategic SCM through Information Technology to Encounter Recession-an Empirical Study Based on Selected Firms in Bangalore City

Abstract

In these current trying times of the global meltdown, Companies need to strategise more than ever for maintaining competitiveness in their respective industry. One of the strategies that companies utilise for cost effectiveness is the use of Supply Chain Management (SCM). SCM helps the Company to maintain an agile profile in the industry by providing real time information and thereby creating strategic business and trading partners. SCM mandatorily requires the use of information technology to be effectively implemented. The theme of this paper is how companies make use of information technology to implement SCM techniques in their business. An empirical study was conducted among fifteen selected firms based in Bangalore city and answers elicited by means of a questionnaire. The paper has been divided into parts such as an introduction, usefulness of SCM in times of recession, information technology as a means for effective implementation of SCM, profile of respondents, the analysis of the questionnaire, due findings and the concluding remarks.