ABSTRACT:
Establishment of efficient linkages and making a strong and transparent supply chain is the essence of modern day manufacturing. The inventory costs and transportation costs constitute a large proportion of the overall costs. In a competitive world efficiency of manufacturing would be to reduce the cost of manufacturing to increase profit rather than increase selling price to increase the profit. It is true that customer would be displeased with a product in case it is damaged or tampered. So for reduced inventory, transportation cost and safety and security of the product transported packaging is an important aspect. With the emphasis on Green supply chain efforts are being made to reduce the dependency on packaging materials, more so an effort to go in for reusable packaging materials. The proposed research work has the aim of analyzing the importance of packaging in supply chain management. Review of literature indicates that the aspect of packaging is crucial in the field of supply chain management. Studies carried out on the financial aspects of supply chain management have brought out factors such as lack of attention given to packaging of products. A descriptive research methodology is adopted. In the past such a correlation has not been attempted realistically, thus it was found that a study would be enriching, useful and interesting. The findings will give an insight on to the relevance of practicable methods to undertake innovation in the field of packaging not only at the industry level but also at global operations level and may serve as input in improving profitability, ensuring efficiency in business methods and support further research on the subject.
Cite this article:
Sankar Rajeev. Importance of Packaging in Supply Chain Management. Asian Journal of Management. 2024;15(1):17-3. doi: 10.52711/2321-5763.2024.00003
Cite(Electronic):
Sankar Rajeev. Importance of Packaging in Supply Chain Management. Asian Journal of Management. 2024;15(1):17-3. doi: 10.52711/2321-5763.2024.00003 Available on: https://ajmjournal.com/AbstractView.aspx?PID=2024-15-1-3
REFERENCES:
1. Anahita Naderian, Rohaizat Baherun. Corporate Social Responsibility and Common Behaviour. Asian Journal of Management.
2. Anil Kumar Ataria, Harbhan Singh. An Impact Analysis of Packaging on Consumer’s Buying Behaviour in Online Shopping Mode. Asian Journal of Management.
3. Anil Soni. Determinants of Capital Structure: A Study of Indian FMCG sector. Asian Journal of Management.
4. ASQ/AIAG Task Force, Fundamental Statistical Process Control. Troy, MI. Automobile Industry Action Group. 1991.
5. ASQ Quality Cost Committee, Guide for reducing quality costs, 2nd ed. Milwaukee, WI: American Society for Quality, Inc., 1987.
6. Bala Sendhil Kumar G, Kairasan Karthik P. A conceptual Study on Supply Chain Management. Asian Journal of Management.
7. Bester field Dale H. Quality Control, 6th ed. Upper Saddle River, NJ: Prentice Hall, 2001.
8. Bossert, James L. Quality Function Deployment: A Practitioners Approach. Milwaukee, WI: ASQ Quality Press, 1991.
9. Camp Robert C. Benchmarking: The Search for Industrial Best Practices That led to superior practice. Milwaukee, WI: ASQ Quality Press, 1989.
10. Chris Huang. Fashion Packing Now, International Kindle Paper white. 2016
11. Chase, G.W. Implementing TQM in a construction company. Washington D.C. Associated General Contractors of America. 1993.
12. Chrysler/Ford/General Motors Task Force, Potential Failure Mode Effects Analysis (FMEA). Troy, MI: Automobile Industry Action Group. 1995.
13. Deming, W. Edwards. Quality, Productivity, and Competitive position. Cambridge, MA: Massachusetts Institute of Technology. 1982.
14. Donald, J. Bowersox, David, J. Closs, Cooper, M. Bixby. Supply Chain Logistics Management. Mc Graw Hill Education, 2nd Edition, 2008.
15. Feigenbaum, A.V. Total Quality Control. New York: McGraw-Hill Book Company. 1961.
16. Ishikawa, K. What is Total Quality Control? Englewood Cliffs, NJ: Prentice Hall, Inc., 1985.
17. Knouse, Stephan B. Editor Human Resources management perspectives on TQM concepts and Practices. Milwaukee, WI: ASQ Quality Press, 1996.
18. Madhukonda Keerthi, Lakshmiprasanna. A review on Packaging for different Formulations. Asian Journal of Management.
19. Nakajima, Seichi. Total Productive Maintenance. Portland, OR: Productivity Press Inc 1988.
20. Neeti Gupta and Anjali Gupta, Operations management. 2017, Kalyani Publishers, New Delhi
21. Packaging Technology and Engineering; Pharmaceutical, Medical and Food Applications. Wiley 2020
22. Peace, Stuart Glen, Taguchi Methods: A Hands-On Approach. New York: Addison-Wesley Publishing Company, Inc., 1992.
23. Prakash Kumar Mahalange. Effective Supply Chain Management equilibrates the Supply and Demand Management at an Organization. Asian Journal of Management.
24. R Rajendrakumar, S Ashok Kumar. Profitability- Dream or Reality for Online shopping companies. Asian Journal of Management.
25. R Sridhar, Radhika Srivastava. Role of Packaging on Consumer Behaviour. Asian Journal of Management.
26. Ryan Goff. Even More Schedule for Sale. Author house. 2017
27. Sasi Pankaj, Kadam SU, Misra NN. Trends in Food Packaging, VDM Verlag. 2011
28. Send points, (2017), Flexible Packaging, International Kindle Paper white
29. Suraj Kusheshekhar, Ravindran PT. Product Packaging and Competitive Advantage. Asian Journal of Management.
30. Taguchi, G. Introduction to Quality Engineering. Tokyo: Asian Productivity Organization. 1986.
31. https://wwwedesk.com; Are you spending too much on logistics
32. https://en.wikipedia.org/wiki/File:MRP2.jpg