International Conference on Business and Information (ICBI)

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    Winning the Market by Reforming the Capitalism: A Case of DAMRO.
    (8th International Conference on Business & Information ICBI – 2017, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka., 2017) Gangodawilage, D.; Punchibandara, M. M. T.; Wijayanama, P. T. C.; Liyanage, P. W.; Kannangara, Kannangara,; Madushanka, J. T. D.
    A humble man who believed in himself and fearless in taking risks created one of the most successful furniture businesses Sri Lanka has ever seen. DAMRO today is a well-known brand in the households and corporates alike. With manufacturing facilities in Sri Lanka and India and over 190 showrooms, DAMRO dominates in a highly fragmented market with the competitive advantage of high quality products with simple designs and good customer service at an affordable price. In India DAMRO is one of the top 10 furniture brands. DAMRO is built with unique culture where humbleness, hard-work, integrity, no-nonsense approach seem to be undeclared values. As a high-touch leader Chairman knows his people well. He is involved in every aspect and detail of the organization. While that created a well aligned family business so-far, DAMRO is outgrowing where systems, controls, structures and empowered managers are needed. This context has been studied by researches based on case story analysis along with secondary sources.
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    Impact of Outsourcing on Lead Time to Apparel Industry in Sri Lanka
    (Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka, 2016) Perera, M.D.B.; Rajapaksha, U.G.
    Lead time is a main challenge that the apparel industry of Sri Lanka has to face due to rising markets, frequently changing fashion patterns and high competition in the industry both locally and internationally. Therefore, meeting customer demands at a minimum time is crucial. This research was conducted using a sample of 30 apparel organizations in the Colombo district on the basis of simple random sampling. Outsourcing of transportation, warehousing, procurement, sales & marketing and packaging are the independent variables while the dependent variable is reduction in lead time. To conduct the research, primary data was collected through interviews and a questionnaire filled by the management of the apparel organization. The statistical estimation of data is done by Ordinal Regression Logit Model. Researcher was able to identify a positive impact of outsourcing on lead time in terms of apparel industry and with reduction of lead time the organizational and industry performance improves.