StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Supply chain - Term Paper Example

Comments (0) Cite this document
Summary
Supply chains are systems of people, organizations, information, resources, and activities involved in the movement of products or services to customers from suppliers. This paper analyzes the roles and activities of supply chains in transforming raw materials, components, and…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.7% of users find it useful
Supply chain
Read TextPreview

Extract of sample "Supply chain"

Management- Supply Chain Supply chains are systems of people, organizations, information, resources, and activities involved in the movement of products or services to customers from suppliers. This paper analyzes the roles and activities of supply chains in transforming raw materials, components, and natural resources into finished products delivered to end customers.
Sophisticated supply chains include management of used products towards re-entry into the supply chain at points where residual values are recyclable. Supply chains form the fundamental link to value chains. Warehousing allows for transport optimization in the supply chain and equips companies with the ability of working with optimal inventory based on economic order quantity and improved service quality. For instance, transport systems’ terminal points involve stockpiling activities aimed at producing full loads for further transportation. Warehousing a subset of supply chain and is used in storing unloaded goods within the major vessels (Shah 67). Industries that produce goods requiring longer periods of maturation between retail and production, warehousing is used in storing the goods based on the larger quantities.
Products within modern todays markets have contributed to better product designs with diverse impacts of globalization coupled with ease in accessing alternative. The concept also generates demand through significant efficiency and effectiveness principles. There is increased demand and strategic pricing as supply and competition among firms increases on limited markets (Khan and Zsidisin 98). The impacts of globalization on supply chains are felt even in marketing as products have lesser distinguishing factors, and product design plays different roles in providing attractive features to markets. Demand generation can be used in defining interesting product designs in terms of demand creation. It involves the ability of product designs in generating demand through satisfaction of customer expectations.
On the other hand, product design impacts demand generation and manufacturing quality, processes, lead time, and cost (Shah 23). Product design influences performance of associated supply chain as well as direct requirements. Supply chain management addresses issues such as production schedule, manufacturing, quantity, transportation, production policies, regulations, production technologies, quality, material selection, and laws. The supply chain success is dependent on product designs and supply chain capabilities.
Efficiency in supply chain management involves management and planning of activities relating to conversion, sourcing and procurement, and logistics management components. Soppy chains focus on collaboration and coordination with channel partners such as suppliers, customers, intermediaries, and third-party vendors. Supply chain management offers a platform for integration of demand and supply management across and within partner firms (Khan and Zsidisin 102). Management integrates functions through primary responsibility and link major business processes and functions among companies for cohesiveness. Supply chain managers focus on logistics management activities and manufacturing operations to drives processes and activities coordination. Cross-functional teams that are involved in the process include marketing, product design, sales, information technology and finance.
In summary, strategic plans are developed in consultation with suppliers for purposes of supporting manufacturing flow processes and new product development. Sourcing is managed globally for various firms with operations extending beyond national borders. Desired outcomes in supply chain control relationships include ensuring that parties benefit, and there is a reduction of time required for designing and developing products. Purchasing functions establish rapid communication systems, such as Internet linkage electronic and data interchange aimed at conveying requirements for rapid growth. Activities relating to the management of materials and products from outside suppliers include order placement, storage, supply sourcing, resource planning, negotiation, inbound transportation, handling, and quality assurance.
Works Cited
Shah, Janat. Supply Chain Management: Text and Cases. New York: Pearson Education India, 2009. Print
Khan, Omera. and Zsidisin, George. Handbook for Supply Chain Risk Management: Case Studies, Effective Practices, and Emerging Trends. New York: J. Ross Publishing, 2011. Print Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Supply chain Term Paper Example | Topics and Well Written Essays - 500 words”, n.d.)
Supply chain Term Paper Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/management/1665560-supply-chain
(Supply Chain Term Paper Example | Topics and Well Written Essays - 500 Words)
Supply Chain Term Paper Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/management/1665560-supply-chain.
“Supply Chain Term Paper Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/management/1665560-supply-chain.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Supply chain

Supply chain

...? Supply Chain AFFILIATION: Table of Contents Introduction 3 Discussion 4 Internationalisation 4 The Internationalisation of business 5 The transformation of the Supply Chain and Distribution network 8 Decentralised system 8 The centralised system 8 Revision of the centralised supply chain and distribution system 9 Supply chains as an important driver of Internationalisation strategies 11 Conclusion 13 References 14 Supply Chain Introduction The British company Tesco could be considered as a great phenomenon in itself and in the world of food distribution. At the end of...
12 Pages(3000 words)Assignment

Supply Chain

...?Introduction The report analyzes current operation and supply chain management of Dell Computers and Amazon. . The report in the first past discusses the business and supply chain model of Dell and Amazon. Dell uses direct sale model which was different from indirect distribution channels used by rest of the industry. Dell directly sells to all its customers, regardless of a home-PC to world’s largest corporations. The direct relationship with individual customer creates a great source of competitive advantage for Dell. Amazon was set up in 1994 by Jeff Bezos and since its establishment has grown to become one of global leaders in online business to consumer retail...
8 Pages(2000 words)Essay

Supply Chain Management. Green Supply Chain

...?Module Supply Chain and Operations Management Module Number: 214LON Module Kenny Tang Assessment 2: Individual Assignment The Concept of “green” Supply Chain Date of Submission: 29th of March 2013 by 5 p.m. Name: Darya Kachmazova Student ID: 4686426 Word count: 2116 over page Contents 1Introduction 3 2Discuss the environmental factors leading to the development of green supply chain. 3 3Discuss the main characteristics of green supply chain and/or the main issues green supply chain aims to deal with. 6 4Compare the differences between the traditional...
8 Pages(2000 words)Essay

Supply Chain

...? Supply Chain Management I. Introduction The company is a power tool manufacturer whose products include electric drills, saws, and sanders. There are several highly competitive players in the industry that compels the company to be competitive and responsive by having its products available to the customers at the right time and at the right cost. To achieve this balance, it is important to have a synergistic supply chain that will provide sustainable dominant competitive advantage to the company. This report will discuss the various aspects of the power tool company's supply chain on how it can best ensure its optimum performance that...
21 Pages(5250 words)Essay

Supply Chain

...Supply Chain Management and Section # of upply chain may be defined as the flow of resources into as well as out of the collective operational system of an organization. When an organization, whether manufacturing concern or the service providing one, operates and interacts with its suppliers, a series of inflow and outflow of resources takes place; these resources may be tangible or intangible. Supply chain is the umbrella term to describe all that flow. The importance of supply chain can never be ignored in any of the business, regardless of its nature of operations. As it is the supply...
4 Pages(1000 words)Essay

Supply Chain and Supply Chain Management

...Supply Chain and Supply Chain Management A supply chain is made up of the parties involved in delivering customers requests and includes manufacturers, suppliers, transporters, retailers and customers (Hugos 3). A supply chain involves the activities involved in receiving requests from the customer and filling these requests. A supply chain will involve the constant flow of information, products and money in the different stages required for availing goods to consumers. Thus, a supply chain involves the activities related to the movement...
1 Pages(250 words)Essay

Supply chain

...from implementing this strategy. However, there are also risks that are likely to be encountered by the company if it solely relies on outsourcing its logistics and supply operations to third parties. References Cheong, MLF 2003, Logistics Outsourcing and 3PL Challenges, Singapore-MIT Alliance, N2-B2C-15, Nanyang Technological University. Viewed 19 Feb. 13: . Kremic, T 2006. ‘Outsourcing decision support: a survey of benefits, risks, and decision factors,’ Supply Chain Management: An International Journal 11/6 (2006) 467–482. Viewed 19 February 2013....
2 Pages(500 words)Essay

Supply Chain

...Supply Chain Question Stability in lean manufacturing means the predictability and consistence of the activities that entail the whole process and these are normally referred to as the 4Ms (Materials, Manpower, Methods and Machines). The reason this is a basic requirement is that without these requirements, it is not possible to run a production line that will result in the perfect use of resources. Question 2 It is important to note that the principles of lean production can also be applied to the service industry due to the fact that the same principles of restructuring operations in a way that will reduce wastages can also be applied in the service industry. This is due to the fact that all business operations are similar... Chain Question ...
1 Pages(250 words)Assignment

Supply Chain

...Supply Chain Contents Contents 2 Introduction 3 Role of international supply chain between organizations 3 Key issues faced by supply chain managers 4 Theoretical frameworks of supply chain management 5 Importance of integration and recommended mechanisms 6 Conclusion 6 References 7 Introduction International supply chain management can be stated as effective management of goods flow in global context. There are various factors which are encompassed in this concept such as raw materials storage, storage of finished goods and those work-in-process inventories. This...
4 Pages(1000 words)Essay

Supply Chain

...Supply Chain al Affiliation Supply Chain Company Profile Based on the economic vision of the United Arab Emirates and taught to promote economic and social development through economic diversification and build a knowledge-based economy. Vision also identified 12 strategic sectors, including transportation and logistics, and in this context, it was the Etihad Rail is defined as one of the main economic projects. Etihad Rail Company founded based on the Federal Decree No. 2 of 2009, to develop, construct and operate the rail network to transport passengers and goods of the United Arab Emirates. It also will create a rail network in stages in order to link the most...
1 Pages(250 words)Coursework
sponsored ads
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.

Let us find you another Term Paper on topic Supply chain for FREE!

Contact Us