Competitive Supply Chain Relationship Management Essay

1416 WordsNov 8, 20166 Pages
ADOPTION OF COMPETITIVE SUPPLY CHAIN RELATIONSHIP MANAGEMENT PRACTICES IN ORGANIZATIONS PRACTICES THROUGH COMPETITIVE PRIORITIES. Over the years, the competition landscape for most companies has shifted from the highest-quality, lowest priced product or best performing product to the ability to respond to market needs quickly and get the right product at the right time to the right customer. This has in turn forced organizations to compete with their supply chain. Understanding supply chain management and putting this knowledge into practice has become a mandate to improve supply chain relationships in the entire world. In the 1990s, a lot of competition intensified and markets became global. It became a challenge to get a product or service to the right place at the right time, right place and at the lowest cost. Most organizations realized that it was important to make their supply chains competitive rather than just focusing on improving their organization operation efficiencies. The understanding of supply chain relationship management has therefore become an essential condition to stay in the competitive race of enhancing corporate profitability. The concept of supply chain relationship management can be categorized into two separate groups; the transport and logistics management perspective and the purchasing and supply management perspective. According to the purchasing and supply management perspective, supply chain relationship management goes in line with the
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