Nobody downloaded yet

Supply chain strategy - Essay Example

Comments (0) Cite this document
Summary
The changing nature of the business processes irrespective of industries and corporations have its effect even in the purchasing decisions of the companies. Today, with massive development in the channels of communication and technology, the purchasing function of the companies…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.7% of users find it useful
Supply chain strategy
Read TextPreview

Extract of sample
"Supply chain strategy"

Download file to see previous pages Supply chain management is the process undertaken by the companies so that they get their requisite raw materials in time. To have an effective supply chain management, companies are undertaking measures like Enterprise Resource Planning (ERP) or MRP (as the case may be) basically to reduce cost. Supply chain strategy is much broader compared to supply chain management. It can be referred as the strategies taken by the corporations so that they are aligned with overall business strategy to attain greater efficiencies.
British Army is one of the most reputed armies in the world. Their roles have been recognised through out the world with great enthusiasm. Along with the defense of the United Kingdom, the troop is also bestowed responsibilities of guarding and ensuring lives of the citizens of different parts of the world. Therefore, proper supply chain management as well as supply chain strategy of the concern is extremely crucial for the organisation for smooth functioning.
Organisation – To ensure effective supply chain, proper assessment of the organisational objectives and goals are very vital. The organisation as a whole should have enough flexibility to align itself with the supply chain strategies.
Process – The process followed by the organisation is important as without integrating the procedures followed with in the organisation, the corporation can not expect to attain success in supply chain strategy e.g. British Army has certain fixed processes of doing things and therefore to have successful supply chain strategy, it must be able to align it with the supply chain strategy.
Technology – In modern organisational perspective, technology holds supreme importance. Therefore to have an effective supply chain strategy, the technological factors should be properly assessed and all possible assistance should be taken.
People – People should be selected in such a way that it befits the supply chain ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Supply chain strategy Essay Example | Topics and Well Written Essays - 2000 words”, n.d.)
Retrieved from https://studentshare.org/miscellaneous/1556552-supply-chain-strategy
(Supply Chain Strategy Essay Example | Topics and Well Written Essays - 2000 Words)
https://studentshare.org/miscellaneous/1556552-supply-chain-strategy.
“Supply Chain Strategy Essay Example | Topics and Well Written Essays - 2000 Words”, n.d. https://studentshare.org/miscellaneous/1556552-supply-chain-strategy.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Sourcing and supply chain strategy
...? Sourcing and supply chain strategy Table of contents Introduction 3 2. Context of Sourcing and supply chain strategy 3 2 Sourcing and supply chain strategy – description 3 2.1.1 Sourcing strategy 4 2.1.2 Supply chain strategy 5 2.2 Link between sourcing and supply chain strategy 7 2.3 Network/power-corporate objectives 8 2.4 Order winners-process interest 9 3. Parts of Supply chain strategy 11 3.1 Selection 11 3.2 Assessment 12 3.3 Negotiation 12 3.4 Innovation 13 3.5 Contracts 13 3.6 Control 14 4. Conclusion 14 References 1. Introduction The choice of appropriate strategies for achieving organizational goals is a challenging task. Often, strategies that have been already tested in practice are preferred, as they can ensure... the...
12 Pages(3000 words)Essay
Showing your knowledge of a Fashion Retailer: Produce a report that proposes and analyses the Supply Chain strategy for that ret
...the services showed by in-store personnel. There's a huge difference between shopping online and shopping in stores with a feeling of luxury (Araujo, et al., n.d.). 6. CONCLUSION As one of the top fashion houses in the fashion industry, Prada still continues to become the leader of fashion retailing with luxury and innovation perception. Miuccia’s designs always attract customers because of the quality that the product is made of. Some, however, are only targeting the brand logo of the products; the idea is - whoever owns a Prada will always get the attention. The company follows the supply chain strategies (sourcing, manufacturing, distribution, retailing and customer) to efficiently...
9 Pages(2250 words)Research Paper
Zaras Supply Chain Management Strategy
...sources. The success of Zara lies behind its ability to align its corporate strategy with its supply chain management strategies. With the use of supply chain management principles, this report will focus on explaining the rationale behind Zara’s decision concerning its selection of strategic supplier and supply chain configuration. As part of going through the main discussion, this report will first discuss about the historical case of Zara followed by examining this company’s success within its preferred target market. As part of examining Zara’s supply chain...
6 Pages(1500 words)Essay
VF Brands : Global supply chain strategy ( case study )
...? VF Brands: Global Supply Chain Strategy (Case Study) Sourcing Strategy (third way) The sourcing strategy (third way) was designed in supply chain management process as a half-way point between traditional outsourcing and full integration. In the year 2004, Christ Fraser, the president of international supply chain network for VF brand constructed a globally diversified and highly efficient supply chain management process. Impact of this Strategy This would help the organization to reduce cost in order to operate successfully in...
6 Pages(1500 words)Assignment
Supply chain strategy
...Supply Chain Management (British Army) Table of Content Theme A - Contemporary issues in supply chain management 3 Introduction 3 E-supply/procurement/commerce/business 5 Global Sourcing and supply 8 Partnership in supply chain 8 Supplier based rationalisation 9 Quality and the supply chain 9 Theme B - Challenging the future 11 Introduction 11 Virtual supply chain 11 The role of the internet 11 Emerging techniques and technologies 12 Theme C - Review of learning 13 Review of Supply chain...
8 Pages(2000 words)Essay
Supply Chain and Logistics Management and strategy
...many of the outsourced tasks are customer facing and any errors may lead to embarrassment. Also many times, such relationships fail due to miscommunication between the two parties. 2. Tactics which can be used by a focal company A focal firm can leverage its supply chain through several means in order to gain competitive advantage and to ensure differentiation of its products and services. The first of these strategies is strategic sourcing. It is a method of reducing the total cost of a product or service while maintaining same quality level. In strategic sourcing, a manageable diverse set of suppliers is chosen keeping in view the focal firm’s sourcing strategies....
8 Pages(2000 words)Assignment
STRATEGY, PROJECT MANAGEMENT & SUPPLY CHAIN
...Strategy, Project Management & Supply Chain Strategy Case: BP and the consolidation of the oil industry, 1998-2002 From 1998-2002,dominant, large firms emerged in the gas and oil industry that were separate from the rest, including BP. From the study, it can be seen that the gas and oil industry does not have perfect competition, particularly since prices are controlled easily due to oligopoly. Still, the oil industry will approach perfect competition as OPEC countries begin to draw apart and price competition increases (Reinhardt et al, 2010: p3). In order to increase profits, therefore, suppliers are expected to pursue a strategy of lower prices and...
3 Pages(750 words)Case Study
Vf brand global supply chain strategy
...VF brands global supply chain strategy VF brands global supply chain strategy Topic: A strategic operations strategy as akey ingredient to successful business- a case study of VF brands Introduction Operation strategies determine if a business will succeed or not. As would be borrowed from the case study of Pisano & Adams (2009), some companies opt to adopt a mixed method of operation strategy as they hope to access to more and more markets outside their localities. Others companies opt to go with a combination of strategies, such as outsourcing and internal...
1 Pages(250 words)Thesis Proposal
Two news Reading response about supply chain management strategy
...Supply Chain Management Strategy The word Samsung was originated in Korea and its means 3 Stars. Samsung is one of the most successful electronics brand in the world. This company is not only a smart phone maker but it is also a multinational producer of high end technology related items across the globe. The reason of its progress lies in its varied, well managed and unique supply chain management. It has adopted the six sigma method from GE, Dupont and Honeywell to improve the quality of its products and the internal operations of the company. It follows the APS system to make its production plan successful and flexible. This company focuses on the...
1 Pages(250 words)Assignment
Supply Chain Strategy and Technology assignment
...Supply Chain Strategy and Technology Question The three primary objectives for developing and implementing performance measurement systems include controlling, monitoring, and directing. Mainly, monitoring tracks and assesses the historical logistics performance in order to report to the management, as well as, customers. Typically, the supervision encompasses two categories namely service levels and logistics cost component monitoring. Controlling involves measuring and tracking ongoing performance with the aim of reviewing logistics processes to ensure compliance upon excess in control standards. The objective of the controlling is to assist in identification and modification package...
1 Pages(250 words)Assignment
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 Essay on topic Supply chain strategy for FREE!
Contact Us