The Strategic Management Of The Supply Chain

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The strategic management of the supply chain does not consist of introducing innovations in order just to innovate. It is about creating a configuration that will make the strategic objectives progress. According to Slack et al. (2004, p.67) an « operations strategy concerns the pattern of strategic choices and actions that set the purpose, objectives and activities of operations ». According to Hayes (2005), efficient operations strategies need to be consistent and contribute to competitive advantage. The process of operations strategy covers the activities and dynamics of strategy elaboration and implementation (Swink and Way, 1995), whereas the content of operations strategy consists of the particular decisions regarding competitive priorities, objectives, and action plans that specify the operation 's strategic direction.Several authors gave their definition of operations strategy; four interrelated perspectives then emerged. The top-down approach is « what the business wants operations to do » and the bottom-up perspective represent « what day-to-day experience should do ». Top-down strategy can be distinguished from a bottom-up strategy in terms of two aspects: the initiative 's origin and the sequence of events amongst purposes, actions, and results. Top-down strategy is triggered by top management 's aims and manifests in the performance outcomes of stipulated actions. Bottom-up strategy is initiated by lower managers’ actions realizing their own interpretations
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