Abstract
Efficient supply chain management is essential for small and medium-sized enterprises (SMEs) in Ghana to guarantee a dependable flow of products and services, sustain competitiveness, and promote growth and job creation. The objective of this study is to analyse the current supply chain models utilised by manufacturing small and medium-sized enterprises (SMEs) in Ghana. Additionally, it intends to propose a prototype model that will aid manufacturing SMEs in achieving sustainability, growth, and future expansion in Ghana and other regions. The Conceptual framework was developed by examining variables identified in the existing literature on supplier management practices in small and medium-sized enterprises (SMEs), as well as inventory management approaches that are relevant to SMEs. A structured questionnaire was employed to collect data from the main source. This study employs a mixed method approach, which includes the participation of 363 respondents. Interviews and surveys were carried out with small and medium-sized enterprise (SME) owners and managers. The data was analysed using the SPSS (v 27.0) computer application, which involved both inferential and descriptive statistical analysis. The findings revealed essential components of the prototype, such as the implementation of supply management (SM), proficient information management (IM), streamlined distribution strategies, and strong marketing and sales strategies, in addition to customer relationship management (CRM) and effective post-sales services. Implementing these supply chain management (SCM) principles effectively can guarantee the sustainability, growth, employment generation, and overall performance of small and medium-sized enterprises (SMEs) in Ghana.
Publisher
Bussecon International Academy
Reference67 articles.
1. Agbola, R. M., & Amoah, A. (2019). Coding systems and effective inventory management of SMEs in the Ghanaian retail industry. Central Inquiry, 1(1), 46-65.
2. Agus, A., & Hassan, Z. F. (2008). The strategic supplier partnership in a supply chain management with quality and business performance. International Journal of Business and Management Science, 1(2), 129-145.
3. Amin, H. J. (2021). Influence of marketing strategies on the performance of SMEs: Evidence from Abuja SMEs. Journal of Economics and Business, 4(1).
4. Amoah, J., Belas, J., Dziwornu, R., & Khan, K. A. (2022). Enhancing SME contribution to economic development: A perspective from an emerging economy. Journal of International Studies.
5. Amoah, S. K., & Amoah, A. K. (2018). The role of small and medium enterprises (SMEs) to employment in Ghana. International Journal of Business and Economics Research, 7(5), 151-157.