The need for vendor development programmes to increase the efficiency of the automotive industry in Pakistan

Abstract

Although there is always a need for further development in business models and industrial organisations via gradual improvements in their operations including production activities, warehouse management and supply chain management, it is quite obvious that from the present rise in inflation, a gap between the employees and the employers has been observed in the automotive sector due to a lack of vocational training or vendor development programmes causing uncertain attributes. The study aimed to highlight the significance of vendor development programmes in the automotive sector along with hindering factors and uncover the impediments that do not allow the encouragement of vendor development programmes in the said industry in Pakistan. The methodology for this research is qualitative, which will take the best measures by collecting the data from the vendors, especially from the operations department as this department is having deep insight and core knowledge about the organisation. The study concluded that financial constraint is the major factor that limits vendor development programmes in the automotive industry of Pakistan.

Keywords: Automotive industry, training programmes, vendor, vendor development programmes