Implementation of innovation in the supply chain: An observational study
Author(s): Syed Ali Mehdi
Abstract: Aims & Objectives: The present study was undertaken for assessing the implantation of innovation in the supply chain. Methodology: A survey was done to understand the problems of the companies in implementation of the innovation in the field of supply chain. The survey was conducted with the help of a 27 association (“Contractor Welfare Association”) that aims to address the problems of the contractor from all over the state. The purpose of the implementation of framework was to test the feasibility of the model as well as making changes for the improvement. For the implementation of model a project with short duration (30 days) was selected. Before implementation of the framework, a detailed KPI analysis is done for the project that will be compared to the post implementation and conclusion can be derived. Results: After the implementation of the innovation in the supply chain through the framework, it was necessary to do the reanalysis of the KPI that were set prior to start of the project. With the implementation of the innovation framework it was observed there was considerable change in the overall project cost. The time invested in the construction of the project was compared with the standard construction time. The total quantity required for the construction was 500 meters (345 cubic meter of brick work). The satisfaction of the client also proved to be crucial for the construction of the bigger scheme. Conclusion: Thus, it can be concluded that innovation is possible in many different ways and the first step in the process of innovation is to understand the need/driver for innovation and what is the problem associated with it.