Supply Chain Management - Essay Example

SUPPLY CHAIN MANAGEMENT The significance of supply chain management in organization is evidently addressed at length in this discussion. It is worth to note the integration of Market logistics as an important part of supply chain management (Shah, 2009). The difference between the two concepts is clearly shown. 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 imperative that the operation manager emphasize a clear outline of the firm’s logistic plan to ensure that the products reach the set destination in time and in right condition. It is evident form the discussion that supply chain management also entails how the company acquires and gets its input factors supplied (Wincel,2004). In this respect, the work explores the central role of supply chain policy and plan as far as success of the firm and efficiency is concerned.The clear concept and application outlay in the discussion offers an informative approach that is useful to any person or firm that considers supply chain as key in its operation.

The operation management process is noted as starting from input factor supply and final consumer accessing the products (Kotler, P., & Keller,2012). The series of activities are evidently concentrated on warehouse where the goods are kept before transport. Application of IT in supply chain management is discussed with focus on its relevance in this competitive era of globalization. Supply chain management is an umbrella idea that is considered critical in the efficiency and overall performance of a firm in the market.

References Jespersen, B. D., & Skjøtt-Larsen, T. (2005). Supply Chain Management: In Theory and Practice. S.l: s.n..Kotler, P., & Keller, K.L. (2012). Marketing Management (14th ed.). Upper Saddle River, New Jersey: Pearson Education, Inc.,Shah, J. (2009). Supply chain management: Text and cases. Upper Saddle River, N.J: Pearson Education.Wincel, J. P. (2004). Lean supply chain management: A handbook for strategic procurement. New York: Productivity Press.