Chase Strategy OPS571 Week 3

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

W.C. Benton, J. (2010). Purchasing and Supply Chain Management (2nd ed.). New York: McGraw-Hill Irwin.

It is critical to think through every aspect of a company’s sales plan. If success is your end goal, the best strategy lies in being fully prepared for the all important sales calls. With careful and thoughtful planning, companies have a much clearer vision of what they need to accomplish goals and a clear roadmap of how the company can get there. In assessing your companies sales plan there are seven guidelines to follow: (1) define objective, (2) evaluate current situation, (3) list barriers, (4) assess strengths and assets, (5) create sales calls strategy, (6) identify needs and (7) outline an action plan (Guestauthor2, n.d.).

ReferencesJoansson,J2008,http://bsminfo.com/index.php?option=com_content&task=view&id=625&Itemid=147, accessed 15/05/2009Li, Y, Yu, J & Xu, L 2006, 3PLs in supply chain management, http://www.globrand.com/2006/18441.shtml, accessed 12/05/2009Rudnick, M 2008, Best Buy, Super-Regional See Major Gains in White Good, http://www.allbusiness.com/company-activities-management/sales-selling-sales/9341175-1.html, accessed 14/05/2009Weng, D 2006, 3PLs-The Breakthrough of Supply Chain Innovation, http://ww

The multifunctional nature of Operations Management requires a high level of process- and system-based synchronization across many different departments and divisions to be successful. The structural organization of the US Army is heavily dependent on Operations Management for missions to be accomplished, and long-term strategic visions to be attained (VanVactor, 2007). The intent of this analysis is to evaluate how the five areas of accounting, industrial engineering, management, management science and statistics, in conjunction with critical path analysis and linear programming, are used extensively throughout the US Army's supply chain operations.

Jacobs, F. R., & Chase, R. (2011). Operations and supply management (13th ed.). Boston, MA: McGraw-Hill Irwin

At 4:30 p.m. on December 6, 2010, Meredith Collins, VP of Marketing for Reed Supermarkets, walked down the sidewalk of the 10-store strip mall that housed Reed’s Westgate Plaza branch in Columbus, Ohio. Collins didn’t shop; instead she took mental notes about store traffic, first at the Reed store and then at an indirect but increasingly worrisome kind of competitor—a dollar store. The Reed was predictably well lit and inviting, and Collins could see three registers open and two or three customers in line at each. “Not too bad” she thought, “but not what I would hope for at this time of day, this close to the holidays.” She’d felt the same way at two other Reeds

(Bowersox, D.J., Closs, D.J., and Cooper, M.B. (2010). Supply Chain Logistics Management. (3rd Edition) New York, NY: McGraw-Hill/Irwin.

This article is about supply chain management (SCM). Its importance in the field of operation management. Supply chain management was discussed from the past three decades. This article tells about how supply chain management developed and how it will proceed in the future. The term “supply chain management” first appeared in the practitioner literature in 1982, which said that SCM is a way to manage resources and assets in a better way.

CRANFIELD UNIVERSITY CRANFIELD SCHOOL OF MANAGEMENT CRANFIELD CENTRE FOR LOGISTICS & SUPPLY CHAIN MANAGEMENT MSc THESIS

Sales and operation planning sets the foundation for any successful business. In order to succeed a company must be prepared from the beginning and set the groundwork or procedures it will follow. From customers to sales and marketing to developing, the sales and operations planning is designed to set up all the plans for every aspect of the business. The process in done is phases and tasks must be done before everyone can come together at the first meeting. Meetings must be set up well in advanced to allow everyone involved adequate time to prepare their part of the meeting. The process has been becoming more

The first metric used to measure the supply chain’s performance is called the Balanced Scorecard (BSC). (Kaplan and Norton, 1996) This model is valuable as it informs the company about the level of efficiency of the supply chain in the following four areas: financial, customer satisfaction, internal processes and learning and growth ability. Moreover, it allows to identify which sector is underperforming and requires more attention. Each of the four dimensions has a specific objective and target that are set by the company and are then matched with a metric which will assess performance in each dimension. For instance, related to the financial aspect, if the company’s objective is a 10 percent turnover rise compared to the previous year, it will use the monthly turnover rate to keep track of the progress. The same procedure is to be followed for the three other areas, using different metrics as objectives will be different. The selected measurements must be meaningful to the firm as this model will be used to guide the organisation’s strategy on the long-run.

Nationwide, the retail sector enjoyed robust growth during the first half of the decade, due in great part to the continued expansion of big boxes. The excitement, however, is dying down, as several category-killer retailers experience slowing sales. The once-zealous players are becoming more cautious, and once again the rules of the game are changing for developers and commercial brokers.

All flows of information, products or funds generate costs within the supply chain. Efficient management of these flows is the key to success in the supply chain. Effective and efficient supply chain management involves the management of supply chain assets and product, information, and fund flows to maximize total supply chain profitability. “Supply chain efficiency is related to whether a company’s processes are harnessing resources in the best way possible, whether those resources are financial, human, technological or physical” (Borgström, 2016, pp. 2). Supply chain management involves strategic decision making processes at many levels, from the strategic level through the tactical to the operational level, relating to design, planning and operation of the supply chain, because these three subjects have a strong impact on the overall profitability, efficiency, competitiveness and success of the supply chain (Simchi-Levi et al, 2010).

Blanchard, D., (2010), Supply Chain Management: Best Practices 2nd edition, John Wiley & Sons, Inc., Hoboken, New Jersey, Canada.