The Impact of various Dimensions of SCM Practices in Indian Oil and Gas Sector

Fauzia Siddiqui; Abid Haleem; Chitra Sharma

Fauzia Siddiqui Research scholar: GGSIPU,
Abid Haleem Professor, Department of Mechanical Engineering, Jamia Millia Islamia, New Delhi
Chitra Sharma Associate Professor, Department of Mechanical & Automation Engineering, IGIT, New Delhi

Abstract

The Indian oil and gas sector is one of the core industries in India and has very significant forward linkages with the entire economy. India has been growing at a decent rate annually and is omitted to accelerate the growth momentum in the years to come. The paper investigates the complex relationships between the six dimensions of supply chain management practices (strategic relationship, customer’s relationship, information sharing, postponement, delivery dependability, time to market) in oil and gas sec empirical study of 309 respondents in oil and gas industries were taken for empirical study, SPSS- 16 software were used for analysis, out of six factors three factors were selected through factor analysis and further correlation was done among t variables, reveals that strategic relationship, customer relationship and information is positively correlated with Supply chain management(SCM) practices. gas sector in India presents a significant opportunity for investors and is demonstrate robust growth in line with the growth of the Indian economy. The lack of available supplies has so far hindered the growth of this segment.