The Usage Of Supply Chain Management Essay

The following research paper is based on The Home Depot Company, one of the largest home improvement specialty retailers in the United States. In addition, the analysis also includes supporting feedback obtained through an interview session with the Home Depot’s Operations Manager, Jaime. Jaime has a bachelor’s degree in business administration and has been employed by the company for eleven years. He possesses the knowledge and skills that are necessary to administer the supply chain management process for the 605 W. Morrison Rd. location store. The Home Depot has utilized several IT technologies that have helped the company gain core competencies in supply chain management processes. They have adopted the Omni-Channel Supply

A. Analyze whether a Keiretsu network, a virtual company, a vertical integration, or a different supply chain strategy should be adopted.

Supply chain management requires companies to use the Internet to be most effective. Nevertheless Companies are failing to adapt to the Internet

The flow of goods and services from initial raw material to consumers as finished goods and the reverse flow of the used or damaged goods combines multiple organization which have to function efficiently. Even though the functioning of an individual enterprise of the supply chain is for individual management but the entire supply chain have to be effectively managed. This is achieved through the help of Information technology. The IT support system provides with supply chain managers with relevant information at the right time. Depending on the time frame of the activities and the frequency at which they occur, i.e. strategic, tactical and operational levels of supply chain management. All these levels have different

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

Finally, there are those costs that are common to both global and domestic sourcing. Direct labor and materials costs, lead-time costs, transportation costs and inventory costs are a part of both domestic and offshore sourcing. Transportation costs, inventory costs, and lead-time costs tend to be higher when sourcing globally. On the

Supply Chain Management (SCM) aims at integrating all corporate activities to improve relationships at all levels (internal operations, supplier networks, and distribution channel) to meet the competitive edge and satisfy the customer. In order to build an effective and complete business process that supports SCM, information among all business partners need to be shared. Information sharing through the Internet reduces the gap for business-to-business (B2B) commerce by enabling seamless integration with enterprise processes among partner corporations.

The document, Coles (2016) details the use of electronic trading between partners via Electronic Data Interchange (EDI) for orders and invoicing, electronic Advance Shipping Notices (ASN), barcoding and pallet label enabling. EDI enables supply chain partners to communicate requirements between different systems and still retain the data in a readable form (Sadler 2007, p. 162). Additionally, the IFS is used to coordinate inbound freight from suppliers providing efficient sequencing and minimal queuing.

Electronic business (e-business), the use of Internet-based computing and communications to execute both front-end and back-end business processes – has emerge as a key enabler to drive supply chain integration. As an overarching business concept, e-business has received increasing attention from academics and practitioners alike. E-business solutions in general are seeking to enhance supply chain effectiveness and efficiency through the automation of business processes. The adoption of e-business can result in benefits such as higher transparency, reduced transaction, manufacturing and other cost, reduced

Supply chain management (SCM) is based on the philosophy that firms operating in a supply chain are oriented to the provision of goods and services for the ‘final customer’ (Lambert and Cooper, 2000) . The literature strongly suggests that that cohesive collaboration in the supply chain can provide important benefits such as added value, efficiencies and client satisfaction (Stock, Boyer and Harmon,

Evolution of SCM started with manufacturing industry and retailers with construction industry been unable to adapt quickly but Akintoye et al, (2000); Vrijhoef and Koskela, (2000); Dainty et al (2001a) opine that many construction organizations have now realized and increase their interest in SCM concept. This approach is been used in tackling various problems associated with basic construction operations like: inadequate flow of information from the consultants to the contractor; inability to properly evaluate the risk associated with construction task; rise in price competition due to adversarial approach in material sourcing; dishonesty, environmental fear and frustration.

While researching on line I came across an article that described the affect that the Internet is having on supply chains today. “E-enabled supply chain management is fast emerging as a core strategy that organizations worldwide are adopting for sustainable business advantage”. (4)

The business world today is a competitive one. All the companies are trying their best to get ahead in the game. Because that is how they will improve and be the best at what they do. To achieve this the companies have to constantly strive hard and try to be ahead of their competitors or at least in step with them. This is where value chain comes in. Value chain deals with adding value to your product so that the company might gain a competitive edge over their rivals.

In 2010, PepsiCo Beverage Company (PBC), a working unit of PepsiCo Inc. (PepsiCo), the second biggest sustenance and refreshment organization on the planet, got the inventory network advancement recompense from the Council of Supply Chain Management Professionals (CSCMP). PepsiCo was given this grant for its creative conveyance procedure, the "Direct to Store Delivery show", that decreased framework wide stock, disposed of stockroom space imperatives, upgraded the potential for boundless SKU development, and conveyed distribution center expense reserve funds. In the wake of indicating tremendous development in the 1990s and early2000s, PBC thought that it was hard to deal with its dispersion focuses and distribution centers.

Only 45% of the participating freight forwarders in the study by Fenex and Syntens (2010) consider the improvement and adaptation of a PCS as a top 3 priority for the years 2010 and 2011. While a considerable amount of 18% is not planning to improve or adapt their digital information exchange with other actors for the coming years, due to the fact they mainly consider a PCS at a similar level as a normal software provider (Leonard-Barton 1988 and Wigand et al 2005).