Logistics Management Model for Small and Medium-Sized Textile Enterprises
Review of Business & Finance Studies, v. 5 (1) p. 61-68
8 Pages Posted: 1 Feb 2014
Date Written: 2014
The worldwide market opening and globalization of supply chains demand a series of structural changes where logistics plays a strategic role. Customers evaluate the quality of the product, its added value and its availability in time and form, which involves making processes more efficient. Some experts have proposed logistic management models to elevate competitiveness in the market. Some of these models are ambitious for Small and Medium-sized Enterprises (SMEs) due to their informal structure and a lack of technical knowledge. Other models make indirect reference to the internal information flows, including a whole disintegration of the system because of the interrelation among the different areas. SMEs represent 4.2% of enterprises existing in Mexico, generate 31.5% of employment and contribute to the Gross Domestic Product. It is important to reinforce their competitive position in the market. Some 85.9 percent of the textile industry in Mexico is SMEs. In this descriptive investigation, we design a logistic management model for textile SMEs.
Keywords: Logistics Management Model, SME, Textile Manufacture, Supply Chain
JEL Classification: L25, M11
Suggested Citation: Suggested Citation