Analysis of Supply Chain Management in the Automotive Industry
Aaditya Shah1, Aashvi Shah2, Abhishek Modali3, Akshay Maiya4, Aman Apte5
1(SYB.B.A. Student, ASMSOC NMIMS University, Mumbai)
2(SYB.B.A. Student, ASMSOC NMIMS University, Mumbai)
3(SYB.B.A. Student, ASMSOC NMIMS University, Mumbai)
4(SYB.B.A. Student, ASMSOC NMIMS University, Mumbai)
5(SYB.B.A. Student, ASMSOC NMIMS University, Mumbai)
Abstract
Over the years, there has been a plethora of changes in the international automotive world. The advancement in production and management systems have revolutionized the automobile industry. Several marketplaces have opened up and grown since the industry started. Now, the auto industry is facing new and crucial problems. The industry is changing because of globalisation, digitalization, and more competition in the market. The purpose of this study is to understand the development of supply chain management in the automotive industry. This study analyses the developments and the problems faced by the automotive industry from the year 1995 to 2022 in supply chain management. We see it develop from using traditional techniques such as built to stock method to transitioning to build to order technique using advanced technology, planning systems and operations research techniques. The industry uses a wide array of methods to create an integrated pipeline to streamline the flow of goods. They also incorporate Sustainable Supply Chain Management (SSCM) procedures and green supply chain management techniques into the conventional supply chain to create a sustainable supply chain and reduce the carbon footprint. This review paper contributes to the literature by analysing existing research, identifying existing research gaps and proposing new future research opportunities in the area of supply chain management in the automotive industry.
Keywords: Supply Chain Management, Automotive Industry, Sustainable, Blockchain, Automotive Industry
