Information Technology Revolutionising Supplier Development Performance in Indian Automotive Sector

Abstract

1024x768 Normal 0 false false false EN-IN X-NONE X-NONE 1024x768 Normal 0 false false false EN-IN X-NONE X-NONE The growth of automobile production in the ASEAN region has in tandem spurred the growth of an automotive supplier industry. In today’s “hypercompetitive” business environment, most of global automobile OEMs have set up their manufacturing and sourcing operations in India to realize low cost advantage and skilled man power of India. Since the birth of 21st century, Indian automobile industry is not only going through a cut-throat completion and increasing sales volume but also has a challenge of supplying components at reduced cost and improved quality at par with global standards. Work-Culture of traditional businesses changed drastically by strong efforts of parent company on strategically, technological lean-manufacturing, training and development and usage of Information and communication technology for supplier development. Most of the auto OEMs being brand ambassadors having assembly lines, Green Supply Chain Management(GSCM) supported by Information and communication technology(ICT) is playing a vital role in meeting the procurement of auto components in most economical way . This study revolves around the change in the thought process by parent companies regarding supplier development from the last decade of twentieth century till first decade of twenty-first century where traditional manufacturing systems in Indian Automobile Industry were transforming to most modern system supported by Information and Communication Technology.ICT has still played a considerable role in QCD (Quality, Cost and Timely Delivery)and new concept of cloud computing is going to revolutionise the Indian Automobile Industry to be one of the most competitive supplier at global front in the coming future.