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Supply Chain Management Plan - Essay Example

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By creating more value to the customers the company will be able to flourish on the precipice that customers will be attached to the company. Hence the perfect…
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Supply Chain Management Plan
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Running Head: Supply Chain Management Plan An advanced supply chain maturity is related or associated with high performances, thus to attain high performance in a supply chain the following aspects are to be implemented.Lean management adoption: The main agenda under lean is the maximization of customer value while minimizing wastes. By creating more value to the customers the company will be able to flourish on the precipice that customers will be attached to the company. Hence the perfect goal of lean is the provision of perfect value to the customers through an effective creation process at zero wastes (Bolstorff & Rosenbaum, 2012).

Demand driven supply chain: This is an approach that counteracts the bullwhip effect in the supply chain. It can be subdivided into the demand sides which necessitate the importance of capturing the information on demand closer to the source and the supply sides that lessen the reliance on projected data and becoming more agile on real facts Integrated supply chain management: This center will be a key foundation for the analytics on segmentation and monitoring policies that are deployed to certain market segments.

They will also offer a foundation for the continuous assessment of the market. Major factors in the company will be construed to same functionality (Bolstorff& Rosenbaum, 2012).Automation of policy management: it is imperative for the company to discard the old methods whereby a manual analysis of a particular market segment was done. An automatic policy will heighten the success of the segmentation plan since it follows a given protocol. Differentiated supplier and customer replenishments: different customers and suppliers have different relationships based on the required service and the volume of profitability of that specific customer.

Hence it is important to address each customer or supplier according to their preferences. This will give an organization an upper hand in the market.Reference listBolstorff, P., & Rosenbaum, R. 2012. Supply chain excellence a handbook for dramatic Improvement using the SCOR model. New York, American Management Association. http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=411442.

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