Managing the Supply Chain

Mellat-Parast and Spillan (2014) defines supply chain management as the method of handling material and information moves from the beginning, through the organization, and to the end-user. This is a very important factor of organizational strategy.

He believed that improving customer service would give MMI competitive advantage and subsequently pushed to develop the company’s Supply Chain Management (SCM) by reengineering its business processes and having efficient information systems to support this drive. He used his seniority to motivate workers to do their best. It can be argued that Woodson was very effective in carrying out his role and drove change within the organization by utilizing several soft techniques. After all, he promoted the project among employees, extolling its benefits and how it would ultimately improve the company. His knowledge about the system and strategies was not shared with others, hence when he departed in 2000, the project was in trouble. Being responsible for a project of this magnitude, he could have ensured that the policies and procedures re succession planning were properly developed and documented. Overall, Woodson was effective given the limitations identified above.

Schoenfeldt, T. I. (2008). A practical application of supply chain management principles. Milwaukee, WI: Quality Press."

What is Supply Chain Management (SCM)? Supply Chain Management is the synchronization of a firm’s processes with those of its suppliers and customers to match the flow of materials, services, and information with customer demand. To provide the highest degree of customer satisfaction at the lowest possible cost is the flow in supply chain in management of material and information. The commitment of supply chain partners is important and requires to work together to coordinate order generation, order taking, and order fulfillment in Supply Chain Management. To maximize customer value and gain a competitive advantage in the marketplace is the active streamlining of a business’ supply-side activities in Supply Chain Management. Development and implementation supply chains by suppliers is the effort represents Supply Chain Management that are as efficient and economical as possible. To product and development, the information systems are needed to direct these undertakings which is

Supply chain management (SCM) is the supervision of materials, information, and finances as they move in a process from supplier to manufacturer to retailer to the cessation consumer. There are three crucial flows of the supply chain: The product flow, the information flow and the finances flow. SCM involves coordinating and integrating these flows both inside and between

Supply chain is long and penetrates almost all business processes. The chain can extend from raw materials to final sales or deliveries to end users. It connects an organization with multiple levels of customers as well as suppliers, and acts as a channel on which to exchange information and transfer orders in terms of product flow (CIPS, 2013). The role of supply chain plays in a business determines the necessity of supply chain management (SCM) improvement. According to APICS Dictionary (2016), SCM involves “design, planning, execution, control, and monitoring of supply chain activities”. It affects

Supply Chain Management according to Tom Mc Guffog is "Maximising added value and reducing total cost across the entire trading process through focusing on speed and certainty of response to the market." Supply chain management is one of the important area which requiring strategic planning in a business enterprise. Planning and decision making are required right from the production of goods till the goods reach the ultimate consumers in the most cost effective and timely manner. If a firm is able to manage its supply chain efficiently, it can increase its customer satisfaction because SCM ensure the deliverance of fast and quality products to customers. Supply chain includes all the activities from the conversion of raw materials, one end

The supply chain management basically involves processes and activities which are involved in the planning, organising, controlling and implementing the cost effective flow of goods from the point of origin to the point of consumption. The whole process will have different players like the supplier, manufacturer, distributor, retailers and the customers themselves as the end point of consumption. The supply chain has changed drastically over the years. This days they are very global in nature. Involving various complex interactions and flow of goods, data and funds between companies which are situated in different countries and continents. Even though the companies are spread across the world the manufacturing plants generally follow a similar structure which normally comprises of the suppliers, manufacturing plants, distributors, retailers, inbound and outbound logistics providers. There were a lot of challenges which arose because of the competition which made the companies to rethink their strategies in order to get the product to the right place at the right time at the lowest cost possible. The companies should always look at improving the whole supply chain and every player in the chain should coordinate with one another if they want to increase the efficiency. The organisation should realise the strategic importance of supply chain as it is a key to building a sustainable competitive edge. (Li, Ragu-Nathan, Ragu-Nathan, & Rao, 2006).

The main objective of our project is to study System U North West 's supply chain management. This analysis could be made because of an interview with the Product Manager, Mr. Ledu. Also, it is intended to use the concepts and knowledge learned in Operations Management and apply them into real life. It is significant to note that we

Logistics concentrates on coordination among business functions within and through companies, such as production, finance and marketing. In addition, according to Meredith & Shafer(2010), the SCM involves in managing the whole chain from receiving the end-customers' order to providing raw materials. SCM is not only limited to managing the links that connect with one's own firm, but all links within the chain. They also argue that SCM can also be regarded as a process with other managerial functions, such as quality and inventory management, lean production and enterprise resource planning, but it is involved in even more extensive scope than that. In addition, Mentzer, J., Stank, T., & Esper, T.(2008) also states that SCM make corporations can actively plan and collaborate through the distributed supply chain and assure that all parities know objectives, timetable and expedites which can lead companies and their suppliers produce and deliver goods with minimal lead-time and costs. Furthermore, they also maintain that Logistics plays an important part in supply chain processes and also involves in sourcing and producing. Therefore, it is concluded that they are not completely the same terms concerned with the scope.

First I introduce the logistics, logistics is define that the art and science of obtaining, producing and distributing material and product in the proper place and in the proper quantities. It is rapidly involving business disciplines that involve management to be deprecation warehousing, transportation,

According to one author Supply Chain Management is a set of approaches that helps to effectively integrate suppliers, manufacturers, distributors and retailers. SCM ensures availability of the right product at the right time in the right place at minimum cost and taking into account the service requirements of customers (Mandavi, Iraj; Page 26).

A supply chain management may be defined as the process involving all the activities like planning, organising, implementing and controlling the cost effective flow of goods from the point of origin to the point of consumption. This involves various other activities which is required to add value to the product along the supply chain like procurement, sourcing and conversion of the products. There are a lot of players involved like the suppliers, manufacturers distributors etc. They have to have a lot of coordination and collaboration among them to in order to be really efficient and deliver good quality products and services. The whole process is integrated to meet the supply and demand. The supply chain networks have drastically changed over the years in the era of globalization. They are very global in nature involving various complex interactions and flow of goods, data and funds between companies which are situated in different countries and continents. Even though the companies are spread across the world the manufacturing plants generally follow a similar structure which normally comprises of the suppliers, assembly plants, distributors, retailers, inbound and outbound logistics providers. There were a lot of challenges which arose because of the competition

What is logistics? It is management process of the movement of resources it can be either raw material or finish goods between source of consumption and the end user i.e. customer, organization to meet requirements. There are various definitions in the literature or in the business world; the most suitable definition is the overall relationship between supply, material management and the distribution (Rushton A. ). This logistics concerned with physical as well as information flows, not only that it use in the storage form the raw material to final distribution of the finish good. In the logistics process physical items frequently involves the combination of material handling and the material flow, production, information

It is widely known that logistics plays a major role in the product and service production. Logistics is described as: ‘’the part of Supply Chain Management that