A Model for Measuring the Impact of Supply Chain Management Practices on Cost Effectiveness Sharma A. Department of Accountancy and Statistics, University College of Commerce & Management Studies, Mohanlal Sukhadia University, Udaipur, https://orcid.org/0000-0002-5181-0818 JEL Classification: O3, O34, O320 Online published on 08 December, 2021. Abstract Managing finance is most important goal in today's scenario. Entrepreneurs have to face a variety of risk to operate a business. Risk regarding financing, managing chain of suppliers and many more until the final goods manufactured and delivered to customers. Supply chain management is the process of the chain among the groups or partners of backward and forward procedure of manufacturing of goods and renderings the services and includes all processes that transform raw materials into final products. It involves all the streamlining of a business's and activities to maximize customer value and gain a competitive advantage in the marketplace. It is an integration of a series of activities such as procure, produce, and deliver. It spans all movement from point to origin to point of consumption. Supply chain management ensures that all corporate is a value-creating and delivering system. It linked to finance through value addition, cost reduction, and efficient capital utilization. Purpose Lead time uncertainty is a common management risk which attracts the mind of entrepreneurs to focus on applying appropriate supply chain operation practices. As Uncertain lead time can lead to increased inventory costs and unstable service levels, which will directly affect the overall operation performance of the supply chain. So, it is focused to find out the impact of an good supply chain management practices on lead time reduction and cost effectiveness. The primary purpose of this paper is to examine the effectiveness of the supply chain partnering (SCP) and to find its impact on reducing lead time. How helpful this supply chain management practices in reducing the risk arises due to lead time. This paper is considering the ability of risk controlling in reducing the lead time and cost for success of an organisation. It is tried to present and suggest a model to reducing risk in lead time by managing the listed variables in an appropriate ratio. Design/methodology/approach Statistical tool discriminant analysis is applied and fitness of the model tested through neural network technique using the SPSS tool. Data are collected from field research on a sample of 150 executives, operation, production and marketing managers. Findings The result of this research indicates that there is a significant impact of supply chain management on a firm's financial performance. It is found that it is mostly affected by the factors like Close partnership with suppliers, increase in ability in managing Supply chain inventories, fust in time (JIT) supply, Strategic planning. Top Keywords Supply Chain Management, Lead time, Cost effectiveness, Neural network technique, Block chain technology. Top |