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This study investigates the supply chain efficiency of selected companies in the Indian food processing sector. Additionally, it explores the relationship between supply chain efficiency and firm performance.

To determine the supply chain efficiency, the study uses supply chain efficiency measures, such as supply chain length, inefficiency ratio and working capital productivity. Secondary data were collected from the Center for Monitoring Indian Economy (CMIE) Prowess database for the years 2011–2017. Various return measures, such as Return on Net Worth (RONW), Return on Total Assets (ROTA) and Return on Capital Employed (ROCE), were used to measure firm performance. Collected data were analyzed to investigate the relationship between supply chain efficiency and firm performance.

Findings of the study reveal the prevalence of inefficient supply chains in the context of the selected companies. There is a significant negative correlation between supply chain efficiency and firm performance. RONW has a significant negative correlation with the length of supply chain as well as supply chain inefficiency.

This study expands the limited existing research perspective; the study helps to understand the supply chain efficiency and firm performance.

This is an original piece of work and provides valuable insight into the relationship between supply chain efficiency and firm performance.

The purpose of this paper is to investigate the impact of lean practices on performance improvement of process industries in India.

Based on a survey of Indian process industries, this paper proposes two sets of hypothesis to examine if there is any statistically significant impact of lean practices on certain specific performance metrics. First, the sample is classified into two classes of process industries: the adopters of lean and those who have not yet adopted the lean practices in their manufacturing operations. Then statistical tests are conducted to measure the differences in the level of performance between the two classes of Indian process industries with respect to nine performance measures. The survey results are augmented by two in-depth case studies. Case studies include one from lean adopter firms (a refinery) and another from the firms that have not yet adopted the lean practices (a primary metal manufacturing unit).

A survey result of 121 Indian process industries shows that adoption of lean practices results in a positive impact on inventory control, waste elimination, cost reduction, productivity, and quality improvement in process industries. On the other hand, based on the sample data on Indian process industries, no statistically significant improvement could be found on the lot size or space utilization between lean adopters and their counterparts.

This research provides guidance to the managers on how adoption of lean practices results in better performance in process industries in several operational areas.

To the knowledge, this study is the first attempt to analyze the impact of lean practices on a set of specific performance metrics in Indian process industry. Although this study focuses on the Indian process industry, the authors believe that findings of the research can inform other practitioners and researchers who are considering implementing lean in process industry sector in other developing countries like India.

In recent years, Industry 4.0 has received immense attention from academic community, practitioners and the governments across nations resulting in explosive growth in the publication of articles, thereby making it imperative to reveal and discern the core research areas and research themes of Industry 4.0 extant literature. The purpose of this paper is to discuss research dynamics and to propose a taxonomy of Industry 4.0 research landscape along with future research directions.

A data-driven text mining approach, Latent Semantic Analysis (LSA), is used to review and extract knowledge from the large corpus of the 503 abstracts of academic papers published in various journals and conference proceedings. The adopted technique extracts several latent factors that characterise the emerging pattern of research. The cross-loading analysis of high-loaded papers is performed to identify the semantic link between research areas and themes.

LSA results uncover 13 principal research areas and 100 research themes. The study discovers “smart factory” and “new business model” as dominant research areas. A taxonomy is developed which contains five topical areas of Industry 4.0 field.

The data set developed is based on systematic article refining process which includes the keywords search in selected electronic databases and articles limited to English language only. So, there is a possibility that other related work may not be captured in the data set which may be published in other than examined databases and are in non-English language.

To the best of the authors’ knowledge, this study is the first of its kind that has used the LSA technique to reveal research trends in Industry 4.0 domain. This review will be beneficial to scholars and practitioners to understand the diversity and to draw a roadmap of Industry 4.0 research. The taxonomy and outlined future research agenda could help the practitioners and academicians to position their research work.

In the present era of intense competition, industries are adopting lean manufacturing for successful survival. The concept of lean manufacturing is new for Indian process industries. The purpose of this paper is to investigate the status of lean manufacturing in Indian process industries in terms of lean practices, reasons and challenges of implementing lean manufacturing.

A survey was carried out to assess the level of lean implementation in Indian process industries. Statistical tests were conducted to assess the significant lean practices, reasons and challenges of implementing lean in Indian process industries.

It is observed that the level of implementation of lean manufacturing in Indian process industries is still low. Results indicate that Indian process industries those who have implemented lean found lean to be very useful to reduce wastes and to increase quality. Major lean practices being implemented by Indian process industries are primarily those which are related to waste elimination or improvement in quality. Indian process industries found that important challenges to implement lean are to produce in small batches, to arrange for lean experts and to impart training to employees.

In the present study, the sample size is small and hence, the findings should be generalized cautiously. Although the study indicates that lean can be very useful if implemented in Indian process industries but further empirical studies are required to quantify performance improvements through adoption of lean.

The paper explores status of lean adoption in Indian process industries. Considering the unique characteristics of process industries, the present research would be helpful for making strategies to implement lean in process industry setups.

The purpose of this paper is to examine the propagation of benchmarking concepts among Indian manufacturing companies after liberalization of Indian economy.

To determine the propagation of benchmarking concepts in the Indian manufacturing sector, first, a postal survey was conducted on 500 Indian manufacturing companies. Only 97 companies participated in the survey. Subsequently, interviews with 20 managers of six manufacturing companies were undertaken.

Research showed that benchmarking in Indian manufacturing sector is still in the nascent stage, but there is a positive attitude towards adoption of benchmarking concepts. The industry sectors, which typically show above average levels of benchmarking activity, are motor vehicle, electric and electronic industries. By contrast, it is the process sectors, which record the lowest incidences of benchmarking. Identification of suitable benchmarking partner was considered to be the most important problem among Indian manufacturing companies.

A limitation of research is the number of respondents, which precludes the generalization of findings.

The study can help managers of manufacturing companies understand the problems and inhibitors to successful benchmarking.

The paper provides an attempt to find out propagation of benchmarking concepts in Indian context. The paper should be of interest to those researching or managing in the Indian manufacturing sector. This is one of the first studies on dissemination of benchmarking in developing countries and should encourage further research in these countries.

Owing to the significant and critical role of ethical leadership in organizations, this study aims to explore and understand the perceptions about ethical leadership in organizations. It empirically investigates whether the individual attributes of gender, age, work experience, executive level and qualification of members and other demographic variables, such as industry and sector, affect the perception of members toward ethical conduct of their supervisors.

This is a quantitative study where the analysis is based on the data collected from 419 members of 3 different industries, namely, public sector research and development organizations, information technology organizations and academic universities and colleges.

The results reveal that perception of ethical leadership does not vary across gender and qualification of members but varies across age, work experience, management level, industry and sector.

This study helps to understand the importance and role of various individual attributes that affect the perception of ethical leadership by followers. This study will make leaders to be more aware and behave in ethical manner with respect to different groups of followers.

Because of occurrence of many scandals and fraudulent behaviors in organizations, business ethics has caught the attention of policy makers, corporate organizations and academic. Ethical leadership is very crucial for organizational success on a sustainable basis. To the best of authors’ knowledge, this study is among the early studies conducted to investigate the influence of the individual attributes and other demographic variables on the perception of members toward ethical conduct of their supervisors.

Adoption of blockchain technology (BT) leads to shrinking supply chains, produces a better quality product, saves product development time and increases the customized offering to the customer. Since it is a new and growing area of research, researchers and practitioners are not entirely aware of challenges in the adoption of BT in supply chain (SC). Therefore, the objective of this research is to provide an overview of BT in SC and modeling of challenges in the adoption of BT in SC.

Interpretive structural modeling (ISM) is used to model the challenges of adoption of BT in SC. Challenges are identified by the literature review and verified by expert's opinions.

This study presents some key challenges, i.e. to develop trust within SC management system, obey the governance rules and regulations of institution while implementation of BT in SC, provide transparency of data, obtain tamperproof data to avoid fraud, improve coordination and information sharing among the SC partners, choose a profit-earning product SC for adoption of BT, adopt societal changes and train the participants to strengthen behavioral intention towards adoption of BT in SC. Additionally, interrelationships among the challenges have been identified. This work discusses potential implications based on challenges and provides a platform for the adoption of BT in SC.

The interrelations of the challenges will provide valuable understandings for developing BT solutions in SC to the practitioners.

Although lean thinking is deemed to be a gold standard of modern production management, a lot of scepticism still remains regarding its applicability in small- and medium-sized enterprises (SMEs). The purpose of this paper is to understand the perception of lean in SMEs and establish the relationship between lean adoption and operational performance.

With the help of a survey, data were collected from 425 SMEs in India and analyzed using structural equation modeling.

Operational performance of the firms was found to be positively related to lean implementation.

This study also furnishes practitioners with a better understanding of lean thinking in SMEs and its impact on performance.

The purpose of this paper is to gain insights about the applicability of Lean principles in software industry along with the Lean implementation issues.

Exploratory case studies have been carried out in five software companies. Data were collected by observation and semi-structured interviews with project managers. In this paper, case organizations are categorized as product vs project software development (SD) organization.

It is found that although Lean principles are being adopted in SD projects, application of all Lean principles is not visible. This research reveals that value and flow are more relevant in SD organizations, while value stream, pull and perfection are not conspicuous.

This paper would prove invaluable to lean practitioners and researchers to gain knowledge in lean SD. The paper puts forward the key issues that should be addressed for successful adoption of lean in SD. This study set out to determine the practitioners’ perception of the applicability of lean principles in SD projects. It provides a sound basis for further empirical research on adoption of lean principles in SD organizations.

A supply chain (SC) involves many stakeholders, directly or indirectly, for satisfying consumers’ requirements. SC management is restricted by a lack of information sharing among stakeholders as parties of SC do not have direct communication and/or are not willing to share private and competitively sensitive information. In the SC, the bullwhip effect (BWE) is an undesirable phenomenon that aggravates the SC performance and increases the overall cost of SC. The main culprit of BWE is the lack of SC coordination among the parties, which results from wrong and lack of information sharing. Blockchain technology (BT) has the main characteristic of distributed shared ledger that makes all parties in the SC network able to access data. This paper aims to develop a BT model and implement it into the SC.

A blockchain is developed consisting four SC stakeholders and an integrated development environment has been used for coding in Python.

The analysis of the impact of the adoption of BT in SC shows the reduction in BWE.

In SC, BT can be considered as an effective tool to share the demand data among all SC partners. Sharing of such data will improve SC planning and reduce the BWE.