The role of supply chain management in enhancing industrial productivity and consumer satisfaction in the United States: The 4-Quadrant Approach

This paper examined the role of supply chain management (SCM) in enhancing industrial productivity and consumer satisfaction in the United States. It emphasized the integration of supply chain management in the four critical quadrants of product creation. Since, no product is created of the sake of creation, but for satisfying the end-users, supply chain management amplifies customer satisfaction through strategic management of all related logistics in the production process. Raw materials deposit, industrial plant, warehousing, and consumption were identified as the critical quadrants by which supply chain processes can enhance efficiency in industrial operations, thereby leading to higher economic performance, and welfare improvement for the citizens through enhanced customer satisfaction. The study identified three challenges for the adoption of the 4-Quadrant approach, while also recommended further test of the approach by empirical analysis.

Authors

Publication Details

Journal
International Journal of Science and Research Archive
Published
2024-09-23
DOI
https://doi.org/10.30574/ijsra.2024.13.1.1713
Primary Topic
Quality and Supply Management
Type
article
Field-Weighted Citation Impact
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article

The role of supply chain management in enhancing industrial productivity and consumer satisfaction in the United States: The 4-Quadrant Approach

Oluwaseyi Rachael Hinmikaiye, Olajumoke Deborah Akanbi, Owolabi Williams Adeyemi
International Journal of Science and Research Archive
Quality and Supply Management
article

The role of supply chain management in enhancing industrial productivity and consumer satisfaction in the United States: The 4-Quadrant Approach

Oluwaseyi Rachael Hinmikaiye, Olajumoke Deborah Akanbi, Owolabi Williams Adeyemi
article en

Abstract

This paper examined the role of supply chain management (SCM) in enhancing industrial productivity and consumer satisfaction in the United States. It emphasized the integration of supply chain management in the four critical quadrants of product creation. Since, no product is created of the sake of creation, but for satisfying the end-users, supply chain management amplifies customer satisfaction through strategic management of all related logistics in the production process. Raw materials deposit, industrial plant, warehousing, and consumption were identified as the critical quadrants by which supply chain processes can enhance efficiency in industrial operations, thereby leading to higher economic performance, and welfare improvement for the citizens through enhanced customer satisfaction. The study identified three challenges for the adoption of the 4-Quadrant approach, while also recommended further test of the approach by empirical analysis.

International Journal of Science and Research ArchiveVol. 13(1)
Openalex Percentile: Top 76%
Quality and Supply Management
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