Supply Chain Management - Essay Example

Comments (1) Cite this document
1. Describe how global supply chain management acts as a driving force in global markets. Include value capture and value creation in your discussion as interactive dynamics that link the internal and external firm business processes. In the global marketplace, firms are challenged by the intensive need to reduce costs and thus achieve efficiency; this can be done through better collaboration and integration of the supply chain partners (Martin, 2005)…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.1% of users find it useful
Supply Chain Management
Read TextPreview

Extract of sample
"Supply Chain Management"

Download file to see previous pages Value creation through global supply chain management is achieved through strategic integration of all members of the supply chain under the scope information exchange and understanding of the changing global consumer (Flint, 2004). According to McAdam and McCormick (2004) value creation occurs when organizations develop new ways of better addressing the customers’ needs and customer satisfaction; the supply chain which acts as a source of information can increase value creation. Especially in the case of global supply chains, effective management of the flow of processes and functions indicates a better coordination of resources (including learning), which in turn provide the potentials for accumulating greater information on the global marketplaces. Given that global markets are underpinned by different cultures, different institutions and different structures, management of the global supply chain becomes the most important tool for effective operations. Value creation is therefore achieved through global supply chain management through greater synergies and integration of the supply chain partners in communication and information exchange, which allow faster response to the global changes in consumer behaviour. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Supply Chain Management Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Retrieved from
(Supply Chain Management Essay Example | Topics and Well Written Essays - 500 Words)
“Supply Chain Management Essay Example | Topics and Well Written Essays - 500 Words”, n.d.
  • Cited: 0 times
Comments (1)
Click to create a comment or rate a document
olenrutherford added comment 4 months ago
Student rated this paper as
The topic of "Supply Chain Management" was impossible to find. I spent too much time to find it. Here at StudentShare, I got the finest sample. Many thanks!
Supply Chain Management
...?SUPPLY CHAIN MANAGEMENT SYSTEM Presently business firms are busy in streamlining their different business functions in order to enhance effectiveness and efficiency. Business firms are paying their full attention towards planning, controlling and designing of an efficient supply chain system. 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...
4 Pages(1000 words)Essay
Supply chain management
...?Running head: supply chain management Supply chain management Supply chain management deals with management of all interrelated businesses that aim to provide a specific end product or service to the customers. This process involves various activities dealing with movement, storage, inventory management, and handling the finished goods from production point to the customers’ point. 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. Carter and Rogers (2008) define Sustainable Supply Chain Management (SSCM... on only...
2 Pages(500 words)Essay
Supply chain management
...?Supply Chain Management Table of Contents Supply Chain Management 3 Role of SCM 4 References 5 Supply Chain Management Supply chain management (SCM)is found to be an important concept that is greatly practiced in the world of modern management. The term first came in the picture during late 1980s. 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...
2 Pages(500 words)Essay
A Strategy for Co-op Supermarket
... A Strategy for Co-op Supermarket Introduction With the increase in competition and the growing awareness within consumers concerning business ethics, organizations have taken conscious steps to improve upon their supply chain management in order to achieve competitive advantage. A good supply chain allows the organization to reduce the cost for its products without compromising on the quality and the relationship they maintain with their suppliers. To overcome this challenge, organizations have moved on to outsource their suppliers to developing countries just as China, Brazil, and Poland etc. But even as outsourcing allows organizations to develop...
4 Pages(1000 words)Essay
Green Supply Chain Management
...? Green Supply Chain Management Table of Contents Table of Contents 2 Introduction 4 Green Supply Chain Management (GSCM) 5 List of Tables Number Page 1. Comparison of Literature 6-7 2. Green Supply Chain Management Tools 7-10 List of Figures Number Name Page 1. Green Supply Chain Management 11 Introduction 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...
9 Pages(2250 words)Essay
Supply-Chain Management
...The Problem. The problems analyzed in the Supply Chain management of Regal Marine is in a broader sense are Vendor handling, Organization and Human Resource Management and the cost effectiveness of the inventory management. Though the company has undertaken innovations and improvisations of these factors, the excellence of their managements still persist as a problem which needs to be taken care in a scientifically efficient way. Vendor Handling A Vendor is broadly defined as any business partner toward whom there exists outstanding payable for received goods or services. (Curran, A Thomas & Ladd Andrew,1999a) Regal Marine being one of the...
7 Pages(1750 words)Essay
Supply chain management
... Task Supply Chain Management Introduction There is stiff competition in today’s market, companies are now introducing products with shorter life spans with the continuity of satisfying their clients, and these catalyzed the businesses to focus on their supply chains. Therefore, supply chain is a complete set of ideas used by the company. 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 difference between supply chains and supply chain management, reasons why top management is successful and why there is difficulty in supply chain integration... ...
1 Pages(250 words)Essay
Supply Chain Management
...Supply Chain Management College: May 9 Supply Chain Management Companies around the world have discovered a new source of competitive advantage in terms of competition and reduction of inefficiencies. Supply chain management is the source of competitive edge and its role is bringing products to the market while ensuring that customers are satisfied. 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...
2 Pages(500 words)Essay
Supply Chain Management
...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...
1 Pages(250 words)Essay
Supply Chain Management. Green Supply Chain
8 Pages(2000 words)Essay
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 Management for FREE!
logo footer
Contact us:
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us