A Study of Determining Potential Factors Contributing In Supplier Selection by Original Equipment Manufacturers (OEM) In India |
Author(s): |
| Mr Ashok Chourasia , AVP, Bhaskar Industries Pvt. Ltd. Indore (MP); Dr. Pramod Jain, Head, Pioneer Institute of Professional Studies, Indore (MP) |
Keywords: |
| OEM, Automobile Industry, Supplier Selection |
Abstract |
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Automobile industry is very dynamic all across the world and going through a tremendous transformation especially in developing economies. The role and participation of developing countries in global automobile production and supplies is considerably being increased. Keeping this in mind the current study focuses on determining important parameters of tier 1 supplier selection by OEMs in India to be competitive in their business. For this, extensive literature is done and telephonic conversations were made with managers working in OEMs in India. The study found 6 important parameters like- - ‘cost, quality, service, finance, ICT and capacity’ which OEMs do consider for tier 1 supplier selection. |
Other Details |
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Paper ID: IJSRDV8I120095 Published in: Volume : 8, Issue : 12 Publication Date: 01/03/2021 Page(s): 161-164 |
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