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Supply chain strategy - Essay Example

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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…
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Supply chain strategy
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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
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