Contractual design of Supply chain Inventory coordination mechanism in Indian retail industry using SAP-LAP analysis

Abstract

Purpose: Supply chain inventory coordination (SCIC) is concerned with managing in multi retail network of homogenous/ heterogeneous networks, often inventory management in uncertainty situation between various supply chain members (SCMs) and the joint collaborative effort of all SCMs to achieves mutually defined goals and targets. There are various supply chain Inventory coordination mechanisms (SCICM) reported in the literature that have been discussed to most evidences of uncertainty of supply and demand like asymmetric information sharing, information technology, inventory dependent price rate, controllable lead time, synchronization of inventory, long term partnerships and joint decision making which help to coordinate supply chain members (CSCMs). Various coordination models and mechanism have been proposed consider isolated activities of the supply chain (SC). There is need to consider the holistic perspective of coordinate in the entire multi retail supply chain network (SCNs).
This paper set out to analyse a case study of India retail industry, through presence on the status of inventory coordination mechanism in the supply chain (SC).