ICBI 2020

Permanent URI for this collectionhttp://repository.kln.ac.lk/handle/123456789/22886

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    Strategic Resource Management and Performance Enhancement of the 3PL Industry of Sri Lanka
    (Faculty of Commerce and Management Studies University of Kelaniya, Sri Lanka, 2020) Herath, E. H. M. W. W.; Herath, H. M. R. P
    The purpose of this study is to identify the strategic resource management for performance enhancement in the 3PL industry in Sri Lanka. The study reviewed the relevant and recent literature on strategic resource management and 3PL performance to investigate the research problem of the existing low-performance status of the 3PL industry. Supply chains of the world trade network in the twenty-first century highly depend on logistics performance and efficiency, since the variety of services outsourced to 3PL service providers have been increasing constantly. Thus, 3PLs need to assess their internal and external resources including potential external advantages and identify performance factors which bring detrimental effects to the logistics performance. This paper, therefore, systematically reviews extant literature to identify strategic resources and performance factors that are associated with 3PL industry performance. Thereby, fourteen performance factors have been identified with their influence on the industry performance including logistics costs, infrastructure facilities, capital investment, customs clearance, technology application, information technology, logistics competency, policy-making and governing systems, logistics research and innovation, timeliness, international shipment handling, service quality and standards, logistics capability and customer satisfaction. The main contribution of this research is that it enhances understanding of 3PL performance, strategic resources, performance factors, and applicability of four strategic management theories to the identified problem including Resource Based View, Resource Dependency Theory, Transaction Cost Theory, and Network Theory. 3PL performance can be enhanced through bundling strategic resources, acquiring external resources, forming networks and minimizing transaction cost for customers. This paper contributes to the sparse literature that has explained the positive relationship between strategic resource management and performance enhancement of the 3PL industry.
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    Mix Method Research - A New Era: A Brief Literature Review
    (Faculty of Commerce and Management Studies University of Kelaniya, Sri Lanka, 2020) Wijeyaratne, R. T.; Herath, H. M. R. P
    Mixed Methods Research (MMR) is transforming into an increasingly popular approach in research discipline in the field of sociology. MMR appeals for the combination of quantitative and qualitative research methods. Methodological multiplicity is a key feature of mixed methods research, which frequently results in research which provides broader perspectives than those offered by mono-method designs. Intention of this paper is to carry out a study and present a summary to provide broad guidelines for researchers on deciding appropriate design for their studies, as they need to be acquainted with various aspects of MMR to design high-quality mixed methods research. Researchers have reviewed published journal articles and other publications on the subject of “Mixed Method Research” specifically to facilitate this paper. Key areas discussed in this paper are defining what is a mixed method research, why a mixed method is needed, and few major areas like theoretical drive, design typologies, timing (simultaneity and dependency), point of integration and planned versus emergent design discussed. In doing so, researchers attempt to provide other researchers with a set of options to develop their own mixed method research (MMR).
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    An Exploration of Success Factors for an Effective Inventory Management System in the Sri Lankan Shipping Industry
    (Faculty of Commerce and Management Studies University of Kelaniya, Sri Lanka, 2020) Ayeshmantha, B. A. M.; Wilwala Arachchi, W. A. M. H.; Herath, H. M. R. P
    The geographical position of Sri Lanka serves as a competitive advantage in becoming a maritime hub in the Asian region. However, regardless of the strategic positioning of the country, the shipping industry of Sri Lanka has gradually eroded over the past years (Edirisinghe & Gunaruwan, 2013) . Colombo Port in Sri Lanka is generally considered to be the primary port of South Asia (Rathnayake & Edirisinghe, 2015). Their main task in the shipping industry is inventory handling and transporting (United States of America Patent No. US3386600A, 1968). As shown in the past literature when it comes to the Sri Lankan shipping industry, it is assumed that 22% of the container cost is generated due to the container inventory imbalance (Edirisinghe, Jin, & Wijeratne, 2016). This downside has signified the need to improve the efficiency of shipping operations in Sri Lanka. Accordingly, the purpose of this study is to explore the success factors and barriers of an effective inventory management system for the shipping industry in Sri Lanka.
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    Impact of Outsourcing Decisions on Logistics Performance: with special references to FMCG industry in Sri Lanka
    (Faculty of Commerce and Management Studies University of Kelaniya, Sri Lanka, 2020) Afham, S. A.; Wijekoon, W. M. L. N.; Darshika, H. S.; Kulawardhana, K.K. K. M. S.; Herath, H. M. R. P
    In a highly competitive environment, businesses are now focused on their core activities and distributing activities to be experts in those areas (Esther & Katuse, 2013). Third Party Logistics providers have a significant impact on the organizations in which the outsourcing of the logistical functions take place (Maqsood A. S., Ahm S., Petri H., 2018). Although the firms have the capability to do the required logistical activities in house, majority of the firms tend to outsource their logistics operations (Rohit B., Amrik S.S., Robert M., 1999). The purpose of this research is to examine the impacts of outsourcing decisions on logistics performance of the organizations who give their logistical activities to another TPL Provider. However, if the logistic objectives are achieved as expected by the TPL providers, it is not measured. Therefore, this research is focused on identifying the extent to which the outsourcing decisions are affecting the logistical performance of FMCG Industry in Sri Lanka as researches done on this topic are hardly found. This study used the quantitative method. “Krejcie and Morgan” is the technique used to determine the sample size for a finite population and the population is restricted to western province only, as most of the FMCG companies are located in western province. The convenience sampling technique is used where a sample of 80 large and medium scale companies is being taken. As primary source of information, the authors collected the data through questionnaires in Google forms. In order to analyse the data SPSS Software is being used. Descriptive statistics, multiple linear regression analysis are used for data analysis to achieve the objectives of this study. As an outcome, to achieve the objectives, authors identified there are mainly five reasons that affect the outsourcing decisions. Once the authors identified the factors a questionnaire was made and it is being sent to organizations through an email. Furthermore, the impact is measured through the SPSS analysis tool, and as a result of it there is a positive impact between identified factors and the logistics performance through the analysis and finally to recommend the best outsourcing practice to the industry based on the findings of the research. In the conclusion, the authors of this study found that there is a positive impact of outsourcing the logistical activities on logistics performance with regards to the FMCG Industries. According to the findings, firms always achieve their logistic objectives by handing over the logistical operations to a Third-Party Logistics provider.
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    Supply Chain Risk Management of the Pharmaceutical Industry in Sri Lanka: Exploring Mitigation and Resilience Strategies
    (Faculty of Commerce and Management Studies University of Kelaniya, Sri Lanka, 2020) Fernando, W. W. J. N.; Subasinghe, I. K.; Fernando, W. B. N. D.; Herath, H. M. R. P
    The frequently recurring man-made and natural disasters have made supply chains prone to significant levels of risks compared to the past (Stephan & Nikrouz, 2010). Unlike other industries, disruptions in the supply chain of the Pharmaceutical industry can create severe harm to human life by hindering access to medicine (Kapoor et al., 2018). The importance of this industry in Sri Lanka is critical as 85 percent of the total medicine requirement is met through imports (Jayasinghe, 2018). Recent succession of natural disasters, regulatory and operational complexities and pressure to contain high R&D costs have signified the importance of risk management in the industry (Jaberidoost et al., 2013; Enyinda, 2009).
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    Impact of Sustainable Logistics Practices on Organizational Performance of Large-Scale Companies in Sri Lanka.
    (Faculty of Commerce and Management Studies University of Kelaniya, Sri Lanka, 2020) Paranavithana, B. N; Senadheera, T. H; Nandana, T. A. S. M.; Liyanaarachchi, L. A. D. P. K.; Herath, H. M. R. P
    The concept of Supply Chain Management has been defined as the flow of goods and services, including the storage and movement of raw materials, work-in-progress inventory and finished goods in order to fulfil the point of consumption or the end customer. Therefore, the purpose of this research is to investigate the impact of sustainable logistics practices on organizational performance in large-scale companies in Sri Lanka. Nowadays in the business environment, with the dynamic nature of the human factor and other business functions, firms no longer depend only on financial measures to measure the organizational performance. Therefore, most of the companies measure the performance by environmental and operational factors. It is observed that a greater concern has been given to sustainable performance of the organization which will be impacted by sustainable logistics practices.