Enhancing competitiveness of MSMEs in India through their integration in global supply chain: A study of challenges faced by firms in Gurgaon auto – component cluster

Mittal, Ruhee; Aggarwal, Vijita Singh; Rawat, Dinesh

doi:10.5958/2321-5763.2017.00009.9

Cited by 5 publications

(1 citation statement)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Their contribution is very significant in parameters such as promoting equitable growth, generating jobs, using local resources wisely, and increasing the country's export income. Despite so many of their contributions, these units generally face problems when competing with foreign companies on the one hand and have not yet integrated into the global supply chain to benefit from being part of the global network that currently exists on the other (Mittal et al, 2017). The success of any organization, whether it is manufacturing or service provision, depends on the supply chain management system.…”

Section: Introductionmentioning

confidence: 99%

Supply Chain Management on Inventory Indonesian Drug Industry

Firdaus¹,

Rita

Putra

et al. 2021

JAMR

View full text Add to dashboard Cite

The development of the human population in the world, especially Indonesia, to date is approximately 260 million people, making Indonesia in a big challenge where Indonesia must be able to meet the domestic drug supplies needed by the community. The availability of drugs is still an obstacle in the National Health Insurance in Indonesia, this requires the role of the pharmaceutical industry in supporting drug availability by implementing good supply chain management. The focus of this discussion is to look at drug supplies in Indonesia in meeting people's needs and identify factors for production planning, production capacity and raw material procurement for the pharmaceutical industry in supporting the availability of drugs to support the National Health Insurance. This research is a descriptive study by collecting information from various literatures on pharmacy and medicines in Indonesia with a focus on the discussion of production planning, production capacity and raw material procurement and delivery to pharmaceutical companies in supporting drug availability. Because the planning for drug needs used as a basis for drug procurement is inaccurate so that pharmaceutical companies cannot make accurate production plans and the quantity of drugs for the community is inaccurate, time and unavailable at any time, the need for and procurement of materials still depends on imported raw materials from abroad around 95% with a lead time of 1-3 months so that it has the potential to deplete drug supplies and make the National Health Insurance in Indonesia worse.

show abstract

Section: Introductionmentioning

confidence: 99%

Supply Chain Management on Inventory Indonesian Drug Industry

Firdaus¹,

Rita

Putra

et al. 2021

JAMR

View full text Add to dashboard Cite

show abstract

Covid-19

Singh

2023

Strengthening SME Performance Through Social Media Adoption and Usage

View full text Add to dashboard Cite

The backbone of any economy can be found in its small and medium-sized businesses (MSME). Over the past decade, they have made a major impact on GDP growth. They play a crucial part in bringing progress to underdeveloped regions. Every economy relies heavily on its small and medium-sized businesses (SMEs). Small and medium-sized enterprises (SMEs) bear the brunt of COVID-19. The goal of this study was to find out how SMEs respond to changes in their operating environment caused by COVID-19 by changing their business models with the help of digital technology.

show abstract

Analyzing the Aftermath of PSB Micro Service Portal Implementation in India

Agarwal

Chaturvedi

Yadav

2021

AJM

View full text Add to dashboard Cite

‘PSB Portal’ is a micro-service digital platform which primarily connects funding needs of Micro, Small and Medium Enterprises (MSMEs) to Banks for business. It is a strategic initiative of SIBDI with five other Public Sector Banks and was launched by Government of India, in November 2018, to provide loans to MSMEs of up to Rs.1 crore. The main motive of this initiative is to ease the process of fund availability to MSMEs and decrease the turnaround time of credit delivery to MSME sector. The new ‘PSB portal’ also makes it possible to provide timely finance at reasonable and competitive rates of interest to MSME sector. MSME sector forms a vital component of the economy in terms of their contribution to employment generation, exports and inclusive growth. One-third of the country's GDP is contributed by more than 50 million MSMEs in India. Thus, the role of MSMEs in the economic and social development of the country is not to be over-looked. There is need for finance that meets the life-cycle needs of MSMEs with a strong oversight mechanism in Banks to see that MSME-related lending policies are implemented at the operating level, is high. Such measures by the Government would serve the purpose of ease of access to funding requirements of MSME’s and also help open new avenues for Banks to increase their business while tapping new customers thereby increasing their priority sector assets. It will make formal banking more inclusive and deepen the roots of financial inclusion via digitization in the economy. After almost after a year of this initiative, on September 5 2019, Retail products (Home Loan Personal Loan and Auto Loan) were also added to the portal to increase the ease of credit to retail customers to further facilitate purchasing power in the economy. This paper will analyse the challenges faced by the Bankers while financing MSMEs via PSB portal and the reasons for rejection of the applications with further prospects of the scheme.

show abstract

Enhancing competitiveness of MSMEs in India through their integration in global supply chain: A study of challenges faced by firms in Gurgaon auto – component cluster

Cited by 5 publications

References 0 publications

Supply Chain Management on Inventory Indonesian Drug Industry

Supply Chain Management on Inventory Indonesian Drug Industry

Covid-19

Analyzing the Aftermath of PSB Micro Service Portal Implementation in India

Contact Info

Product

Resources

About