Supply Chain Management Essay

928 words - 4 pages

upply Chain Management is the systematic, strategic coordination of the traditional business functions within a particular company and across businesses within the supply chain, for the purposes of imposing the long-term performance of the individual companies and the supply chain as a whole.

The definition of Supply Chain Management focuses on management of relationships as means of achieving better results for all members of the supply chain, including customers.

As a philosophy Supply Chain Management takes a systems approach to viewing the channel as a single entity, rather than as a set of fragmented parts, each performing its own function. There are three concepts in Supply ...view middle of the document...

Relationships that the business in focus does not deem to be critical or worth sacrificing management or monitoring resources on.
Relationships to other supply chains. A business can simultaneously be a supplier for several internally competing supply chains. These relationships are nor viewed as part of the relationships in the actual supply chain, but can, of course, have an important influence on the supply chain’s effectiveness and competitiveness.

Business Processes encompass the activities and flows of information that are connected with conducting materials, products and services through the supply chain and on to customers. Examples of some important business processes:

Order processing: This business process includes all of the activities that are tied in with expediting customers’ orders like placement of the order, receiving of the order, credit check, actual expedition of the order, the distribution and finally, the customer receiving the order and invoicing. The total time that passes between when the customer places their order until the customer receives the desired goods is often referred to as the order cycle.

Customer service: The term customer service includes a number of services before, during and after the actual sales transaction. Pre-services, for example, be advising, a flexible and easy ordering process and easily accessible product information. Service possibilities during the actual order process include a short order cycle, a strong level of warehouse service and electronically accessible delivery information (track and trace, proof of delivery). Service after the transaction may encompass various forms of customer support, including installation and assistance in the use of product, maintenance service, guarantees and return services in the event of error or deficiency.

Distribution: Distribution is specified as the process starting with the compilation of the products until their receipt by the customer. In some situations, distribution can also include replacement parts and return...

Other Essays Like Supply Chain Management

Supply Chain Management Problems Essay

810 words - 4 pages -mortar stores become an extension of the supply chain in which purchases may be made in the store, but are researched through other "channels" of communication” References: Russell, R., & Taylor, B. (2011). Operations management: Creating value along the supply chain (7th ed.). Hoboken, NJ: John Wiley and Sons, Inc. Wikipedia. (n.d.). Omni-channel Retailing. Retrieved from http://en.wikipedia.org/wiki/Omni-channel_Retailing 11-16

Supply Chain Management Essay

1807 words - 8 pages . Supply chains link value chains. Supply Chain Management (SCM) is the management of a network of interconnected businesses involved in the ultimate provision of product and service packages required by end customers (Harland, 1996).[1] Supply Chain Management spans all movement and storage of raw materials, work-in-process inventory, and finished goods from point of origin to point of consumption (supply chain). Another definition is provided by

Supply Chain Management

2641 words - 11 pages Supply Chain Management Assignment - 1 Pradeep Pydi -127 4081 Executive Summery: Supply chain management is defined as effective integration of flow of materials and information with in the process of supply and demand. This current report is based on a global pharmaceutical company, which is based in New Zealand market. The pharmaceutical company’s supply chain is quite complex and essential, as pharmaceutical products should be

Supply Chain Management

3396 words - 14 pages A. A supply chain strategy appears in many different forms and varieties; picking the right strategy is the hard part. When deciding on a strategy, the goal is to pick the correct one that will benefit your specific organization and area. There are six different strategy associated with supply chain management: Many supplier, few suppliers, vertical integration, a combination of the two referred to as a joint venture, Keiretsu, and a virtual

Supply Chain Management Accountability

586 words - 3 pages expensive material in final production. Conclusion: After Mattel had numerous product recalls they quickly took responsibility through media outlets. Eventually Mattel implemented new policies throughout their procurement process. Even with the best practices in global supply chain management things can still go wrong. It’s important that companies do not get complacent and are continually evaluating themselves. The world’s changing every day and companies management practices, standards, and policies must be flexible enough to evolve to mitigate risk and ensure accountability.

Supply Chain Management - 5211 words

5211 words - 21 pages the supply chain. A company should link its forecast to all planning activities throughout the supply chain. These include capacity planning, production planning, promotion planning, and purchasing, among others. This link should exist at both the information system and the human resource management level. As a variety of functions are affected by the outcomes of the planning process, it is important that all of them are integrated into the

Supply Chain Management - 3135 words

3135 words - 13 pages customer service are not outsourced and CF should keep it this way to avoid scrambling their competitive advantage. It’s recommended by Burt, David N. author of World Class Supply Management: The Key to Supply Chain Management. 7th ed. Boston: McGraw-Hill/Irwin, 2003 that companies should outsource items/services that don’t fit in these categories below: * “Critical to success of product/service” * “Specialized design” * “Fits well

Zara Supply Chain Management

1714 words - 7 pages available stock. 4. Efficient Distribution Channels Distribution management: its State-of-the-art distribution facility functions with minimal human intervention. Optical reading devices sort out and distribute more than 60,000 items of clothing an hour. Zara’s merchandise does not waste time waiting for human sorting. (source: https://www.youtube.com/watch?v=ow8gqhzvUoA) Fashion Forward – Zara’s Supply Chain Strategies “One day it’s in

Toyota Supply Chain Management

4573 words - 19 pages outrages Toyota way that is truly unique and effective. According to the Toyota Way document, “we believe that our fundamental mission is to contribute to the company and society through creating value, mainly by manufacturing high-quality products and providing related services.” From this, it can be seen that in this company, they truly care about their way of management of supply chain with the aid of enhancing the society’s needs and

Supply Chain Management - 1064 words

1064 words - 5 pages Introduction to Supply Chain Management TUI Dr. Erick Aguilar This assignment is to anticipatory logistics and if they are able to achieved successfully in the business world. Being that I work in the maintenance world in the United States Army I am constantly rolled up into the Logistical community of it, due mainly on my ability to find, resource and ultimately acquire the necessary resources to complete my commanders maintenance

Supply Chain Management - 5570 words

5570 words - 23 pages Supply Chain Management: Food (Pineapples and Plantains) Chestnut Hill Farms Table of Contents I. Major manufacturers/producers or service providers for pineapples and plantains II. Total output worldwide regarding pineapples and plantains – divided by countries. III. The import export statistics to show major producers and major consumers for pineapples and plantains IV. Local manufacturer Chestnut Hill Farms

Related Papers

Supply Chain Management Essay 972 Words

972 words - 4 pages YEAR 2010-2011 Global Supply Chain and Logistics M06BSS 1. MODULE SUMMARY Aims and Summary This module provides knowledge and a thorough understanding of the management of the distribution and logistics function in contemporary organisations. The module will introduce the core concepts and theories that are pre-requisite for the successful management of logistics within the overall context of the organisation. The overall

Supply Chain Management Essay 3146 Words

3146 words - 13 pages SUPPLY CHAIN MANAGEMENT DEFINING SUPPLY CHAIN MANAGEMENT Supply chain management (SCM) is the combination of art and science that goes into improving the way your company finds the raw components it needs to make a product or service and deliver it to customers. The following are five basic components of SCM. 1. Plan—This is the strategic portion of SCM. Companies need a strategy for managing all the resources that go toward meeting

Supply Chain Management Essay 4108 Words

4108 words - 17 pages SUPPLY CHAIN MANAGEMENT Supply Chain Management University of Maryland University College ITEC610 Section 1142 Semester 0809 Abstract This paper defines the concept of technology in Supply Chain Management used to promote planning, analyze and account for the operations of a supply chain business with the goal being increased profits as well as a satisfied clients. This paper will discuss how to

Supply Chain Management – Outsourcing Essay

3780 words - 16 pages involved in its creation. This brought about new challenges for the integration of legally separated firms and the coordination of materials, information and financial flows not experienced in this magnitude before. A new managerial philosophy was needed - Supply Chain Management. Supply Chains are a hot management topic. Eyes are opening to a more global view of end-to-end material, information, and financial flows. (Stadtler H., Kilger C., 2008