Importance Of Operations And Supply Chain Management

Supply Chain Management: An International Journal, Volume 7, Number 5, 2002, pp. 271 – 282;

SUPPLY CHAIN MANAGEMENT: Effective supply chain management is one of the most important operational strategies that allow company to enjoy sustainable competitive advantage. More than the manufacturing expenses the distribution costs are high. If a retail firm has a proper supply chain management it can cut down the cost and have a competitive advantage of providing goods at lower cost. The cross docking concept that was introduced by the Wal-Mart was one of effective concept.

Success for many organizations depends on the firm’s ability to balance product and process changes while exceeding customer expectations for improved cost delivery and quality. In lieu of these issues firms have started to implement principles of supply chain management. Supply chain management mainly involves managing the flow of incoming materials, manufacturing operations, and downstream distribution has to be in alignment that is responsive to change in customer demands eliminating a surplus of inventory.

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

Chase, R. B., & Jacobs, F. R. (2011). Operations and Supply Chain Management, 13e. Boston: McGraw-Hill Irwin.

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

Russell, R. S., & Taylor,B. Operations and Supply Chain Management,8th Edition. Wiley, 2013-12-02. VitalBook file.

Bozarth, C., & Handfield, R. (n.d.). Introduction to operations and supply chain management (3rd ed.). Upper Saddle River, NJ: Pearson Prentice Hall.

Russell, R. S., & Taylor III, B. W. (2014). Operations and Supply Chain Management, 8th edition. Hoboken, New Jersey: John Wiley & Sons, Inc.

Bozarth, C.C. and Handfield, R.B. (2012). Introduction to operations and supply chain management (3rd ed.). Upper Saddle River, New Jersey: Pearson Prentice Hall

The   course   packet   and   the   textbook   Operations   Strategy:   Principles   and   Practice   by   J.   A.  Van  Mieghem.     Other  textbooks  that  can  give  complementary  viewpoints  on  operations  strategy:     1. Operations  Strategy:  Competing  in  the  21st  Century.    S.  L.  Beckman  and  D.  B.   Rosenfield.  McGraw-­‐‑Hill,  2007.   2. Operations,  Strategy,  and  Technology:  Pursuing  the  competitive  edge.  R.  Hayes,   G.  Pisano,  D.  Upton  and  S.  Wheelwright.  Wiley,  2005.   3. Operations  Strategy  by  Slack  and  Lewis.    Prentice  Hall,  2003.   4. Manufacturing  Strategy  by  Hill.    Irwin  McGraw-­‐‑Hill,  2000.     Other  business  books  that  may  be  of  interest  to  students  taking  this  course:     1. Supply  Chain  Management:  Strategy,  Planning  and  Operations  by  Chopra  and   Meindl.    Prentice  Hall.   2. Clock  Speed  by  Charles  H.  Fine   3. Mass  Customization

3) Random variation is an aspect of demand that increases the accuracy of the forecast.

A business owner needs to realize that while there is great potential to succeed there is equal potential to fail. One of the greatest factors of success or failure is external factors and how they will play a role in the operations of a business. In this paper there will be a definition of some external factors for the Windy City Deli and how well the deli adapts to these factors. Analysis of the supply chain of operations will also be taken into consideration along with the identification of other issues and opportunities that may occur.

In this article, Kannan and Tan examine three different philosophical approaches to improving operational efficiency. Just in time, supply chain management, and total quality management are all considered separate effective methods to maximizing economic potential in the production and supply of goods. The authors also study how these different strategies are interrelated and how they impact operational performance when they are placed together as one unified system.

Supply change management (SCM) is active in many organizations today. The purpose of SCM is to maximize the company value in order maintain a competitive advantage in the market place. As an Operational Managers (OM) it is essential to oversee the supply chain within an organization. The OM responsibility is to manage the supply chain flow, and to ensure the supply chain has a quality design in order to reduce cost and drive efficiency. (Reid & Sanders, 2010) An organization supply chain includes activities such as product development, sourcing, productions, logistics, material, and other information systems needed to coordinate the movement of goods from suppliers to manufactures, and to final customers.