CROSS FUNCTIONAL COORDINATION IN SUPPLY CHAIN TO MAINTAIN SMART INVENTORY MANAGEMENT SYSTEM: A SURVEY OF PAKISTANI TEXTILE ORGANIZATIONS

Abstract

Purpose: There have been various studies conducted on different perspective of inventory management. Each study in literature led to one finding or another regarding inventory management. However, there is limited literature available regarding cross functional coordination in supply chain. So the main purpose behind this study is to find the cross functional coordination in supply chain of textile sector Pakistan which would give new perspective to the inventory management. Methodology/sample: The quantitative technique has been employed in the research because the variables involved in the study are quantitative. The current study uses descriptive analysis method which uses survey method for data collection. The target population for this research was textile sector of Pakistan and convenience sampling was used to collect the data because of limited time. The current study uses a sample size of 150 respondents from the textile sector. The questionnaire used for survey is based on five point Likert scale. The data collected was analyzed using SPSS. Alpha reliability, person coefficient and regression analysis were done. Findings: The data analysis showed the value of chronbach alpha was more than .7 whereas the Person correlation was not significant among the variables. The regression analysis was which tested the hypotheses and two hypotheses proved to be wrong according to which top management and the warehouse management does affect the inventory management whereas three of hypothesis were nullified and proved no effect on the inventory system which include production capacity, end to end support and supplier support. Practical Implications: The research findings could be applied to the textile sector of Pakistan and improve the inventory system further. This research will help to give insight to the problems of the already existing problems of the inventory management system of the textile industry in Pakistan.