Journal of Research and Innovation for Sustainable Society (Mar 2020)
Supply chain management to boost the processes efficiency of the Algerian small and Mid-sized companies
Abstract
With the continuous development of the international market, third world countries find themselves having to face the effects of globalization and fight against international companies. Third world countries’ local industries and companies must catch up with the current technologies and strategies to be able to stand a chance in the current world set up and ensure their financial security and maintain their share of the local market. North African companies and in particular Algerian companies started to organize regular meetings and workshops to stay up to date with the modern ways of management, reducing costs and having an efficient process. This became an essential point for the Algerian companies to survive globalization and the presence of international companies in the local market. Supply chain management, according to the literature reviews, proved to be a great success influencer in this matter. Algerians small and mid-sized companies are now moving toward the usage of supply chain management to decrease their operational costs as well as their overall costs, increase their market share, improve their financial turnaround, and ensure their safety in the tight competition from the big conglomerates of multinational companies. The aim of this paper is to study and highlight the impact of supply chain management on the processes of the Algerian small and mid-sized companies. The impact will be measured by financial data provided by the company “El Auras” in a comparative table showcasing the difference between the financial data before and after the implementation of supply chain management. To backup the numbers, a non-instructed interview has been carried at the company, a total of 22 managers from different departments participated in the interview process; the results were coded and labelled using Nvivo software to easily analyze them.
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