Risk Assessment of Suppliers (SMES) from Customer’s Perspective by Cluster Analysis
Journal Title: International Journal of Business Management & Research (IJBMR) - Year 2018, Vol 8, Issue 2
Abstract
SME performance has been receiving increased attention because of a need to address sustainability issues of tier-1 companies in the ever-growing market. In this paper, the authors have used a comprehensive data questionnaire validated by academia and industryial experts for this empirical investigation. The SMEs are grouped into clusters based on the identification of manufacturing processes and performance measures. Factors that affect the measure of performance of an SME are analyzsed to give a judgement on quality, dependability dependability,and performance achievable aspects. The analysis is done using SPSS software and the most significant factors that influence the clusters are determined. The factors that need to be focused on, to improve the performance of SMEs are studied. With the make in India initiative this study helps to attain certain key tools and on how to tackle the issues faced by SMEs with the help of the suggested mitigation strategies.
Authors and Affiliations
GOPINATH S, NARASHIMAN K, VIKRAM H, RAGHUL VAIDYA, VAKSHUA MITHRAN
Keywords
Related Articles
- EP ID EP350139
- DOI 10.24247/ijbmrapr20184
- Views 98
- Downloads 0
AN IMPACT ON SUSTAINAIBLE DEVELOPMENT DUE TO RISE OF THE AUTOMATION AND ARTIFICIAL INTELLIGENCE
The purpose of this paper is to understand the impact of increasing automation and artificial intelligence infused gadgetsin the society and on the people. The research study mainly focuses on the job loss, increasing in...
A CAMEL ANALYSIS OF PRE AND POST MERGER PERFORMANCE OF BANKS IN INDIA
Economic liberalization as a product of globalization since the early 1990s has resulted in developing a sense of urgency among the corporate entities to analyse the impact of restructuring strategies on the performance...
RELEVANCE OF THE FACTORS OF EMOTIONAL BRANDING ON BRAND LOYALTY, BRAND RECALL AND PURCHASE DECISIONS WITH SPECIAL REFERENCE TO TITAN CO. LTD
The objectives of the study are to understand whether the four variables of Emotional Branding i.e. the effect component in Advertisements, Sensory elements in Advertisements, the theme used in the advertisements and Occ...
An Empirical Study on the Effect of Business Ethics on the Company’s CSR Practices
Ethics word comes from the Greek word “ethos”, which means explaining an individual and community both. In general, it’s not just mean that it involves only legal framework, such standards made by company, adhering conce...
Green Recruitment: A New-Fangled Approach to Attract and Retain Talent
This review article recaps the basic concepts of Green Recruitment practices practiced in Indian Organizations, and gives a summing up of prior researchers to offer an effective and efficient understanding of the same fo...