International Journal of Swarm Intelligence and Evolutionary Computation

Abstract

Innovative Supply Chain Integration Approach on the Dynamic Capability of Small and Medium Industries

Alie Wube Damtew* and Yitagesu Yilma Goshu

The main objective of this study is designed to investigate and develop innovative supply chain integration approaches so as to improve the performance and competitiveness of manufacturing industries in general Small and Medium Industries (SMIS) in particular. Mainly this study is conduct through primary data from industry field visit and secondary data from literature review on research articles, books, manuals, company report and electronic-sources which are related to the concepts, strategies and issue on supply chain and innovative supply chain capabilities. The survey data were analyzed qualitatively in descriptive and quantitatively through Analytical Hierarchy Process (AHP) tools. This study shows that manufacturing industries are under stresses to find new innovative methods to improve and gain competitive advantages and increasing their performance at regional and global levels. This stresses are found due to product demand-supply uncertainty, the complexity of new products, unstable world, unbalanced technological change, manufacturing firm needs for emphasis for single companies moving the competition in supply chain networks. Whereas the developed innovative and integrated supply chain approaches provides to use as a weapon to tackle manufacturing industry challenges in various scenario and segments within manufacturing and business process. This innovative approach also provides to enhance innovation capitalists on the firm through strong collaboration manufacturer with the customer in new product development, innovations in distribution, transforming raw ideas to technology transfer and commercialization. As well to attain an effective and efficient cooperation, coordination and relationship, supply chain partners within SMIs. Thus, these innovative supply chain integration strategies fully considered the integration of firm through sustainable and green economic and competitive advantages

Published Date: 2021-11-01; Received Date: 2021-10-11