We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Supply chain management - Essay Example

Comments (0) Cite this document
Supply chain is thus a cross functional job which involves raw materials and their movements along with the internal processes. Some companies outsource their supply and thus reduce their costs along with the ownership of raw materials as well as the distribution of goods…
Download full paperFile format: .doc, available for editing
Polish This Essay95.8% of users find it useful
Supply chain management
Read TextPreview

Extract of sample
"Supply chain management"

Download file to see previous pages A push system however can meet the requirements of a system which needs large inventory which would be difficult for a pull system to manage. Therefore push systems are good for demand that doesn’t depend on conditions that is, it is ‘independent’ and thus they are dependable sources especially when uncertainty exists in the environment. (Hirano, 2009) Just in time inventory (JIT) is one of the models of inventory and it follows the pull system that can react quickly to demand changes. It is a production strategy which aims to improve business models by increasing their return on investment (ROI) by reducing the time and costs associated with inventory. The process is built around the importance of signals which exist between processes and which will signal the production process when to produce the next part. The signals also called ‘Kanban’ are simply visual and they show shelf space etc. JIT inventory management can lead to improvement in the organization of manufacturers and enhances quality, efficiency and investment. The focuses are on the quality, flow of products and the employees. The process is such that depletion in stock will signal personnel to order in new stock and overall inventory reduction is achieved which is the main purpose of this style of management. (Dennis, 2002) This will lead to lower costs of warehousing; however JIT has other elements involved such as the fact that it is not independent of the other proponents of the system. Manufacturers have tried to better this process over the years by forecasting better such as using methods such as trailing. JIT seems to be an appropriate plan for companies...
A push system however can meet the requirements of a system which needs large inventory which would be difficult for a pull system to manage. Just in time inventory (JIT) is one of the models of inventory and it follows the pull system that can react quickly to demand changes.
Good information system
Manufacturing resource planning (MRP) is a push method of inventory management. MRP and JIT compared
Since JIT doesn’t allow for pushing of products visibility in JIT is less than in MRP system where forecasting allows for visibility.
MRP process also protects each part of the process of operations from being disrupted and therefore it is a more proactive process as compared to JIT approach. The main sacrifice a firm has to make in JIT management system is the inventory and capacity. However in MRP system the stock of extra products allows the system to be continuous and work all the time including when it is not needed. JIT is also a more decentralized approach to operations management which isn’t the case with MRP system or any other system for that matter. A hybrid system
Firms were using MRP push model initially and then they started looking towards pull systems like JIT. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Supply chain management Essay Example | Topics and Well Written Essays - 1750 words”, n.d.)
Retrieved from https://studentshare.org/management/1465606-supply-chain-management
(Supply Chain Management Essay Example | Topics and Well Written Essays - 1750 Words)
“Supply Chain Management Essay Example | Topics and Well Written Essays - 1750 Words”, n.d. https://studentshare.org/management/1465606-supply-chain-management.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Supply Chain Management
Better collaboration in turn means greater communication. When firms communicate effectively (even in diverse geographical parts with different cultural backgrounds) and given that these firms are customer –focused, then knowledge on the customer value is created.
2 Pages(500 words)Essay
Supply Chain Management
Now the business firms are not competing individually in the markets rather they are the part and parcel of different supply chain links. The only way in order to succeed in the market is that the business managers must have the ability to link different business networks or supply chain links in an effective and efficient way.
4 Pages(1000 words)Essay
Supply chain management
Organizations have come up with various innovative methods in all these process, which not only provide good SCM but also add value to their businesses as well as the environment including their suppliers, society as well as economy. Supply chain strategy is critical to its sustainability.
2 Pages(500 words)Essay
Supply chain management
By 1990s, it became one of the most well-liked management term (Hugos, 2006). A supply chain can be seen as the alignment of three or more firms that are directly linked by the downstream as well as upstream flows of goods, services, information and finances from a particular source to the customers.
2 Pages(500 words)Essay
A Strategy for Co-op Supermarket
The author states that the concept of ethics in supply chain management was activated when BBC Panorama exposed the unethical supply chains of sports and clothing companies such as Nike and Gap. These companies hired under-aged Cambodians at minimum wages in order to keep down prices for the end users.
4 Pages(1000 words)Essay
Green Supply Chain Management
Green Supply Chain Management. Although the concept of green supply chain is one of the most argued topics among industrial experts and research scholars but surprisingly very few researchers have tried to explore the topic seriously. To understand the core concepts of green supply chain management, one has to define supply chain management.
9 Pages(2250 words)Essay
Supply-Chain Management
A Vendor is broadly defined as any business partner toward whom there exists outstanding payable for received goods or services. (Curran,
7 Pages(1750 words)Essay
Supply chain management
To bring the main actors in the market together, for example, suppliers, manufactures, and stores are put together to simplify the production of commodities being produced, and then circulated at the right time. The captions are going to capture the
1 Pages(250 words)Essay
Supply Chain Management
It brings integration of various processes such as production operations, buying goods and services, transportation and distribution. A successful supply chain management programs ensures these processes are integrated and coordinated into a process that is seamless
2 Pages(500 words)Essay
Supply Chain Management
The micro-economic approach in regard to market logistics and strategic plans of an organization is extensively discussed. The effective warehouse management and transport arrangements are basic market logistic constituents (Jespersen & Skjøtt-Larsen, 2005). It is
1 Pages(250 words)Essay
Let us find you another Essay on topic Supply chain management for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us