Implementation of vendor-managed inventory in hospitals: an empirical investigation
- Title
- Implementation of vendor-managed inventory in hospitals: an empirical investigation
- Creator
- Baral M.M.; Mukherjee S.; Nagariya R.; Chittipaka V.
- Description
- This research aims to determine critical success components for implementing the vendor-managed inventory (VMI) and test their influence on the inventory in Indian hospitals. The independent and dependent components of the research are identified from the extensive literature review. The independent variables are top management commitment, supply chain strategy, business process integration, continuous improvement, resource sharing, and information technologies adoption. The dependent variable identified is the adoption of vendor-managed inventory. The study results suggest that the proposed latent variables significantly impact the VMI and significantly contribute to VMIs implementation and sustainability. The study highlights the importance of VMI in Indian hospitals, and therefore, it will help the management focus on the VMI for enhanced operational efficiency. Previous studies have not empirically tested the impact of the suggested practices for VMI in Indian hospitals. The analysis would help evaluate VMI adoption in Indian hospitals. Copyright 2024 Inderscience Enterprises Ltd.
- Source
- International Journal of Procurement Management, Vol-21, No. 2, pp. 180-197.
- Date
- 2024-01-01
- Publisher
- Inderscience Publishers
- Subject
- critical success components; hospitals; SEM; structural equation modelling; vendor-managed inventory; VMI
- Coverage
- Baral M.M., Department of Operations, GITAM School of Business, GITAM (Deemed to be University), Andhra Pradesh, Visakhapatnam, India; Mukherjee S., Department of Operations, GITAM School of Business, GITAM (Deemed to be University), Andhra Pradesh, Visakhapatnam, India; Nagariya R., School of Business and Management, CHRIST (Deemed to be University), Delhi-NCR, Uttar Pradesh, Ghaziabad, India; Chittipaka V., School of Management Studies, Indira Gandhi National Open University, Delhi, India
- Rights
- Restricted Access
- Relation
- ISSN: 17538432
- Format
- Online
- Language
- English
- Type
- Article
Collection
Citation
Baral M.M.; Mukherjee S.; Nagariya R.; Chittipaka V., “Implementation of vendor-managed inventory in hospitals: an empirical investigation,” CHRIST (Deemed To Be University) Institutional Repository, accessed February 24, 2025, https://archives.christuniversity.in/items/show/13508.