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Authors:
Poonam Garg
Atul Kumar Garg
Keywords: Digitalization; Business Performance and Structural Equation Modelling.
Abstract:
The Indian manufacturing industry is undergoing a significant change after the global pandemic. The supply chain disruption from Covid-19 has forced many manufacturing industries to speed up the adoption of digitalization in their supply chain to address the growing need for convenience and more rapid "anytime anywhere" solutions. As a result, manufacturing industries are using advanced technology in their supply chain. Digitalization has the ability to drive the efficiency of their processes and reduce business cost. This study investigates the relationship between DIGitalization (DIG) and Business Performance (BP) in the Indian manufacturing sector. In this context, a scientific research model has been developed from the existing literature. The proposed model was tested using statistical data collected from Vice president/Associate Vice President/Divisional/Chief Managers/ Project Managers/ Senior Managers/ divisional Managers, IT managers, consultants, and project leaders of manufacturing industries. Data were analyzed through Structural Equation Modelling (SEM) using Analysis of Moment Structure (AMOS 22.0). Our empirical result indicates that there is a significant positive relationship between digitalization and business performance in the Indian manufacturing sector.
Pages: 5 to 11
Copyright: Copyright (c) IARIA, 2023
Publication date: March 13, 2023
Published in: conference
ISSN: 2308-4529
ISBN: 978-1-68558-059-9
Location: Barcelona, Spain
Dates: from March 13, 2023 to March 17, 2023