Name Instructor Course Date Supply Chain Management Supply chain management is all the activities that are undertaken in order to fulfill customer demands. These activities entail the flow and the transformation from raw material stage to eventual stages where the end user receives a finished product…
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Supply chain management includes a series of well-coordinated decisions and activities that are used to provide sufficient integrated supplier services, transporters, ware houses and customer. This often ensures that the correct products and services are taken to delivered at the right locations in the right quantities while minimizing the cost of undertaking these activities. The essence of this is to acquire sustainable competitive market advantage. A company supply chain can be immensely complicated because it entails a large number of customers and suppliers. Logistic functions may be used to help the flow of raw material from the producer of the item, to the manufacturer then the distributor and finally the end user of the product(Wisner 104). The internal supply chain involves the manufacturers. In this case, it entails sourcing, distributing and production as a whole. Sourcing is where the company makes some purchases, process orders, make negotiations for contracts and formulate the purchase process. In production, the raw materials are transformed into components of an end product or the product itself. Distribution is where the flow of material or end product is managed as from the manufacture to the customers. To ensure that the process is done successfully, enterprise resource planning systems should be used. The enterprise resource planning system usually store and processes the data of the company. In addition, it integrates the company’s information system as a whole. ERP is beneficial as it facilitates the flow of all the details in the company and also ensures that the daily company processes are managed appropriately (Wisner222). The supplier networks are also another key component of the supply chain. They may be the organizations responsible for all the direct and indirect service and product provision. For instance, a computer manufacture supplier may include all the organizations responsible for the provision of all items of the computer. This may include computer chips, motherboards and hard drives just to mention a few. The distribution networks the real movement of goods from the manufacture to the customers. The main focus is on the packaging, storing and how the materials are handled at the receiving ends; the warehouses, docks and the retail stores. One crucial consideration in the distribution process is the mode of transportation and its management. This includes how the external carriers have been managed or how the private carriers are selected. Another important thing to consider is the e - commerce sector. This plays a vital role as it facilitates the flow of funds and information. E commerce is when advanced technology is used to carry out the business transactions in a company. E commerce is conducted in a variety of electronic media. It entails business to customer transactions, business to business transactions, and customer to customer transactions. A few websites that carry out such include e-bay, Covisint, priceline.com and the likes of Amazon.com. The types of electronic media are bar codes, fax, electronic fund transfer (EFT), electronic data interchange (EDI) and many others (Wisner 10). In e- distribution, one is advised on where to pick their supplies and how to use them via the internet or web based environment. E- Procurement has changed the whole supply chain where the distribution and manufacturing bit is concerned. There is a seamless flow of information on fulfillment from the manufact
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This study will examine the procedure of its management in detail and what makes Zara to be one of the top most leaders in supply chain management internationally. This brand has been able to sell its products all over the world at any store and this has been possible because of its vertically integrated supply chain system.
Supply chain management had six main stages of evolution. They are as follows: a) Creation era – in the early 1980’s the term supply chain was connoted. The creation era was characterized by the need for reengineering, large scale changes, and downsizing driven by cost reduction goals.
This implies that every stage that characterizes the transfer of a commodity to the final consumer right from the producer is vital considering the long-term goal of bringing the commodity closer to the reach of the consumer. As such, in the absence of supply chains, the business world would be rendered inefficient.
According to the paper the organization has made significant effort towards addressing the distribution crisis that had threatened to trim its wings of expansion. This process has witnessed what may not only be termed as an address to a challenge, but also an overhaul to the delivery industry. Pepsi Inc has pioneered a revolution.
The fundamental problem lies in the fact that many Supply Chain Management Systems provide customer-side services which, while accomplishing different things than Customer Relations Management, overlap sales-oriented design. This means that many important functions of Customer Relations Management may be underutilized because Supply Chain Management systems, which tend to be more fully implemented (as they require a company-wide or multi-company approach), can override the important uses of Customer Relations Management systems, which affect a smaller number of staff.
The Committee is expecting that the implementation of these initiatives and recommendations will lead to prosperous growth of the Nostovia's New Airport and the airport will be able to achieve its vision of serving 3.5 million passenger movements per year, the Nostovian economy will be able to achieve competitive advantage in regional areas.
The author states that the approach to the management of production and logistics networks assumes that all the companies that take part in the process of deliver of commodities to the consumers are components of a network of supply chain. It includes all the aspects needed to satisfy customers while encompassing the determination of products.
It is hierarchical in nature showing the top level to represent the end product (Richard, 1978). It is used for communication between manufacturing partners or communication within an organization. A bill of materials can define the products as they are designed and this is called engineering bills of materials.
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