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

The supply chain management is considered as a management concept from past two decades as the customers are concerned about timely and safe delivery. The competitiveness has been increasing among the companies to deliver the products as quickly as possible to the customers all around the world. This has made the supply chain management as a vital tool for the management. This is also measured as a competitive parameter for the companies.

Supply chains manage the movement of products from the acquisition of raw materials through production and finally distribution to the end user. A properly designed supply chain can create many opportunities to drive down cost and increase revenue opportunities. In order to create a supply chain that is sustainable and flexible it is necessary to identify and align company goals and initiatives with the manufacturing and distribution of products.

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

Many companies produce products from parts of raw materials that are purchased from suppliers, till these products are reach the markets and presented for the customers, then you have the supply chain starting from the purchase of raw material from different areas , through the manufacturing steps and stages till is being sold by the consumer. Some of supply chains are well defined and easy to determined, while there are other supply chains complex to analyze. However, supply chains vary with the size of the facility such as; complexities, performance, abilities, flexibility, quality, speed, dependability and cost of preparing goods for manufacturing and the chain length distribution. So the supply chain is a network of wholesalers, retailers, distributors, workers in the transport, storage facilities, suppliers, and manufacturers who participate in the production, delivery and sale of the product to the last consumer. A supply chain is a group of facilities that coordinate activities among it and to avoid the competitors. Moreover, to ensure the supply chain management is operating efficiently and generating the highest level of customer

Supply chain management has become an important issue in today’s business world, it is used by many companies to improve their competitive advantage (Vickery, Calantone & Droge, 1999). In a supply chain, the customer is the most impart part and seeing that every company seeks to please their customers, supply chain management therefore helps companies in satisfying the needs of the customer which involves the management of various aspects such as manufacturing, suppliers, transportation, information and retailers to deliver value to the customers (Chopra & Meindl, 2007).

Supply chain management is increasing in importance because “In today’s hypercompetitive environments in which competition is among supply chain networks rather than individual firms, firms are confronted with the need to effectively manage increasingly extending supply chain activities beyond the boundary of the firm,” (Lee, B.C., et al., 2010, p. 657). As stated previously, the broader the supply chain the more risks the company is open to. The second line of protecting the supply chain is creating strong relationships with the suppliers. The longer a company has a supplier, the stronger the relationship (Bayraktar, 2010), but to get to that point there needs to be similar: corporate and national cultures, vision, technology rate change, and quality information to share (Lee, B.C., et al., 2010). When all of these characteristics align, there is trust and open communication. Since supply chain management can be considered information sharing (Lee, B.C., et al., 2010), trust and open communication are necessary for information sharing to take place. Without trust and open communication, there is a very weak supply chain and even more vulnerability to risks. Trust and open communication are extremely important in global supply chains. Extra effort from the operations manager is needed when languages and time zones complicate communication.

Supply chain is one of the critical aspects that can make or break any company. The research will also concentrate on aspects of supply chain.

Organizations always seek to have an efficient system of running operations. If operations are running smoothly, an organization can cut costs and increase its profitability. Since there are so many organizations offering the same goods or services, competition becomes very fierce. For an organization that wants to stay ahead of competition, efficiency in the supply chain is no longer an option but a priority. Each organization must therefore device techniques of streamlining its supply chain. Simply put, there must be a precise management of movement of goods along the chain. From suppliers, the actual productions until the goods get to the intended customer. Time and quantities of those good is essential to

Why is a supply chain important for businesses? Supply chain is a chain of interconnected links that facilitates the movement of supplies, materials, products, and so on (Arway, 2013, pp.3). Supply chain management has become the critical backbone to businesses today (Management Study Guide, 2013). The reason comes from the fact that effective market coverage and availability of products at market locations depends on the effectiveness of supply chain management. Any fault in product not being available at the right time can cause drop in customer interest and demand which can be catastrophic. On the other hand, effective and secure supply chain can successfully boost customer service in following four aspects (Council of Supply Chain

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

Supply Chain Management: An International Journal Volume 17 · Number 1 · 2012 · 15 –28

Supply Chain Management already exists for more than hundred years. It wasn’t defined as terminology for some period of time and it took years to develop it. It began with Fredrick Taylor’s “The Principles of Scientific Management” that was concentrated on improvement of manual loading processes all the way to Supply Chain Management we have now (Lamprecht, James; Page 180). Because Supply Chain Management spreading beyond location of production, everyone have different view on it. Many view Supply Chain Management from operational point of view where SCM is flow of materials. Others view SCM as an operational process. And others consider it as implementation of previously listed operational process in organization (Kotzab, Seuring, Muller and Reiner; Page 398). Here are some popular definitions of Supply Chain Management:

Shiv industries, the factory which is situated and based in Raipur manufactures molding rubber. This molding rubber is used in manufacturing cars now facing their profits is falling down because of the increased competition in the many cars manufacture company which were global companies in India after the opening up of the Indian economy to the international market. Despite good presence in the automotive sector it has only 5 %market share in the replacing sector. The main problem for the profits falling down is the shiv industries is located were far from the other companies which were situated in the Gurgaon in the district of Haryana. Many of the car dealers were situated in the Gurgaon were the market we can get profits. Now the shiv company should be replaced to the Gurgaon in Haryana to increase the profits because due to replacing their company to the Haryana they can easily supply the finished products and more over they can decrease the transportation cost also. This cost adds no value to the product and hence can be considered waste.so to eliminate this waste they need to relocate the