4.782 : Supply Chain Management Essay

A. Analyze whether a Keiretsu network, a virtual company, a vertical integration, or a different supply chain strategy should be adopted.

Supply chain management is a practice that involves the planning, supervision, and implementation of strategies and controls to direct the movement of goods and services provided to customers. The intent of this essay is to incorporate a synopsis of existing literature and to provide the reader with a general understanding of how supply chain management correlates with the organizational design and structure of modern firms. The essay comprehensively reviews the components of supply chain management and their integration with functional areas within an organization. The information presented in this essay

What is your evaluation of the Total Supply Chain Cost (TSCC) program developed by Owens & Minor and Virginia Mason?

When in 2003, two new parents searched for a diaper bag that looked great and worked well, they found nothing. So they invented something. Almost decade and hundreds of products later, Skip Hop grew into a well-recognized global brand that is known for its innovative, great design and the highest quality baby products.

The demand from Mumbai had been very encouraging and within a year the market share in Mumbai was 53%. Due to this, company increased its production to more than 60 cities in 1 months only. But the company later realized that the boom in the demand in the Mumbai market was nothing but the supply to other parts of the country.

According to our class text Supply Chain Management’s goal is to create fast, efficient, and low-cost network of business relationships to get a company’s product from concept to market. In order to understand the goal we must know that the supply chain is the process the raw materials of a product go through in order to be available to the consumer. The relationships that the business creates are needed in order to create the product, each process the product goes through creates value, the supply chain is often called the value chain. Internet technologies are increasingly making the supply chain management process much more efficient and worth the initial investment. The supply chain management life

The Libra Motors came up with the proposition of setting small manufacturing units for all the car parts, in the proximity of the main car manufacturing project. This would mean that atleast a 100 acres of land would be required to set up a factory that big a size. The company was shown five other spots as well in the West Bengal region to set up the factory; but the management thought that the land near Rasulpur, which is directly on the National Highway, would prove to be beneficial and easy to access via daily transportation.

Intro: It is too difficult to give one and distinctive definition of Supply Chain Risk management (SCRM). Indeed, Sodhi, Son, and Tang (2012) begins their findings with the similar fact that ‘there is no clear consensus on the definition of SCRM (because some restrict the scope of SCRM to rare but large impact events while other authors believe that SCRM is about demand-supply uncertainties. 1/3rd of their analysis did not just show that respondents took a probabilistic approach and define SCRM as dealing with probabilities related to supply demand matching but also the same number took an operations view in suggesting that SCRM deals exclusively with risks originating from SC performance. This paper categorizes definitions, risks related to SCRM and some tools on different basis.

I would advise Dave to consider expanding the firm’s definition of what industry they are in. Are they solely in the publishing industry? Or are they in the education industry

The term Information Technology’s (IT) tools usage in Supply Chain Management (SCM) is defined as IT involved in improving SCM practice (Li, 2002b). Here in this study, usage of IT is especially defined as use of IT to enable activities within the organization, since this study aims to concentrate on the relationship between buyer and supplier. There are many researchers have expansively analyzed the impact of any particular types of IT tools in the SCM field (Walton & Gupta, 1999; Lee & Whang, 2001; Tarn, Yen, & Beaumont, 2002; Chalasani & Sounderpandian, 2004; Chou, Tan, & Yen, 2004; Siau & Tian, 2004; Lankford, 2004; Sanders, 2005; Sanders & Premus, 2005).

Late accentuation on worldwide environmental change is expanding weight on automotive executives to make the right decisions in many areas to settle on the right choices in numerous zones, including R&D and assembling. Shiv industry is the automotive parts industry face challenges from the lower end competition comes from the unorganized sector and the higher end of technology competition comes from more evolved industries in the current Indian scenario. Indeed, discharge level targets, presently being referred to, undermine to change the whole structure of the car business. These difficulties hit an industry effectively tormented with high expenses, low profit margins, and accelerating competition. In the interim, numerous others are experiencing some type of rebuilding. General macroeconomic and budgetary circumstances are not so much positive, either. The expense of vitality and crude materials keeps on expanding because of rising worldwide interest. Solid vacillations in return and interest rates posture another test and are troublesome and excessive against which to support. In this dynamic business environment, a predominant supply chain is one basic component to helping automakers separate themselves from the opposition. Actually, a number of patterns in the car business are strengthening the need to reclassify supply chain techniques, designs,

A supply chain can be termed as a network of organizations that collaborate to share information and materials. Supply chain management is a way by which the companies can gain competitive advantage over their competitors by reducing their cost and lead time and at the same time increasing their efficiency by differentiating the processes and the links between the suppliers and the buyers (Klassen & Why bark, 1994). For doing so, using IT based systems is the need of the hour. With the ever growing demand and expectations from the customers along with dynamically changing market, the companies are turning to the successful deployment of IT to re-engineer their supply chain, so as to sustain and grow their business. (Poter, 1986). This is a great opportunity to incorporate IT into supply chain due to the increasing development in IT and communication that leads to integration of system architecture and Information technology (Balan, Vrat, & Kumar, Assessing the challenges and opportunities of global supply chain management, 2006). Moreover optimal information sharing using IT based systems has reduced the need for sharing of information within the organization (Balan, Vrat, & Kumar, Information distortion in a supply chain and its mitigation by using Soft Computing Approach, 2009). The recent advances have also made it possible for the companies to be flexible and be able to respond quickly to the changing demands and conditions of the market. (Lee, So, & Tang, 2000)

Ever since our emergence into the twentieth century the public has become very conscious about our effect on the environment and how companies manage their environmental foot-print. It’s because of this push from consumers about making products sustainable and he companies have had to implement their sustainable and green supply chain management (GSCM). These GSCM’s are designed to take on old supply chain management systems by reducing the environmental costs of the supply chain. However there is no one industry normal way of doing this and there are many different reasoning’s as to why a company would want to have a GSCM system. In the literature review many articles focused on GSCM will be examined to further understand were agreement son GSCM and misconceptions are. It will help show how GSCM can be implemented and what ways have been working for different organisation with examples. After reviewing the different industry ideas on GSCM recommendations will be made for future implementation

The primary forecasting techniques that Bronson Methodist Hospital uses varies with the ongoing processes of building, implementing, evaluating and the never-ending improvements that are made in each forecast models that are consistent throughout the organization. Bronson hospital focuses on using forecasting techniques that have data that is readily available, can be performed in house, easy to understand and the forecasting methods are reasonable (Harrelson and McClurkan 2007).

The purpose of this memo is to inform all staff of the importance and resources of Supply Chain Management (SCM). An effective SCM design assists in the enhancement, profitability, and stakeholder value for the company. Potentially, increasing opportunity for employee advancements within the organization.