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

Supply Chain Management - Essay Example

Comments (0) Cite this document
Summary
The supply chain management (SCM) process within a business infrastructure, is a series of relationships between the business and the entity which supply the demand of tools, services, and goods to the business, in order for that business to be successful. These relationships…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95.6% of users find it useful
Supply Chain Management
Read TextPreview

Extract of sample "Supply Chain Management"

Download file to see previous pages The linking of information systems on the Internet, provides the business with one set of information, such as status of counts in the warehouse and the consumers’ payment information, while the customer finds out through the company’s Internet portal just how much of the product the business has, and the projected delivery dates. Amazon.com is one such example of purchasing online with a two-sided supply chain infrastructure.
In the wholesale jewellery components industry, the more you buy, the greater discount you get on your supplies, as shown in the figure (1) above. Therefore, the ability to see the discounts in the components ordering sheet, allows for cost savings up front. Alternatively, showing online how many components are left in stock, particularly if there are only a limited few, or if it is in the process of being discontinued, gives a business time to find other resources and get the purchasing infrastructure up and running in time for the next order (Fire Mountain Gems, 20115; Ackerman & Bodgraven, 2007). Account holders also see all previous orders in case they want to re-order a particular item, or a complete former order. Shipping is a standard USD 5.00, no matter how much you order, a bargain for larger orders. For such a company, communicating with its customers, including dealing with complaints and developing resolutions, is essential to continued successful relationships to provide what the customers want. The purchasing and chain management infrastructures must be efficient and reliable, both inside the business and outside to the customers (Ackerman & Bodgraven, 2007).
To achieve such efficiency, requires a joint venture correlation between the IT department (handles database and web development), the product purchasing department, and the sales and marketing department, each of whom provide the information required as to what is needed for an online ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Supply Chain Management Essay Example | Topics and Well Written Essays - 4000 words”, n.d.)
Supply Chain Management Essay Example | Topics and Well Written Essays - 4000 words. Retrieved from https://studentshare.org/professional/1683622-supply-chain-management
(Supply Chain Management Essay Example | Topics and Well Written Essays - 4000 Words)
Supply Chain Management Essay Example | Topics and Well Written Essays - 4000 Words. https://studentshare.org/professional/1683622-supply-chain-management.
“Supply Chain Management Essay Example | Topics and Well Written Essays - 4000 Words”, n.d. https://studentshare.org/professional/1683622-supply-chain-management.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Supply Chain Management

Supply Chain Management: DELL

.... The basic elements of the model are the direct sales model called the direct model, and the build-to-order strategy (Manataki, 2007). B. An overview of the organization’s supply chain management efforts, including the organizational issues involved with the supply chain such as the organizational structure, the placement of supply chain management within that structure, and supply management’s relationship with other departments in the organization. As far as the organization’s supply chain management efforts and its issues are concerned, Dell experienced three basic variables to solve. Where at one end, Dell has continuously refined its portfolio with the direct model, providing two billion online customer visits, the supply chain design...
9 Pages(2250 words)Term Paper

Purchasing & Supply Chain Management

...the competitive edge in the industry with respect to the group’s purchasing and supply chain management. Body Purchasing and supply chain management entails the performance and coordination of numerous activities that takes place both inside and outside an organisation. Research reveals that besides the supply chain that exists within an organisation, there has to be at least one supply chain with another organization. Further, studies reveal that “the structure of activities within and between companies is a critical cornerstone of creating unique and superior...
6 Pages(1500 words)Essay

Supply Chain Management

...of original consumers and the whole process is regarded as the supply chain operations. Since this product largely employs water resources for the production, it adversely affects the environment. This negative feature in turn notably impinges on Pepsi’s supply chain management as it is a major societal issue. Similarly, large number of links in supply chain makes the product expensive to customers. For instance, Pepsi Max is the newly introduced PepsiCo’s product in India which would be available at 15 and25 INR. It is essential to note that India has abundant water resources and the company employs it largely for the...
2 Pages(500 words)Essay

Supply chain management

... has been eliminated and replaced by the virtual movement of data over electronic medium (Villena et al., 2009, p. 640). Inventory (raw-material in this discussion) is one of the major influencers and consumers of time and cost in a business process e.g. the delivery time, storage cost, time to expire, etc. When it comes to supply chain management, management of raw material is attributed to its additional costs towards storage, leakage, theft, and other costs pertinent to storage of raw material. Expiry date, if applicable, is also a cause of concern for the supply chain department. Application of e-business can easily be couple with cost-and-time-reducing-mechanisms for inventory such as JIT (Just In Time) mechanism whereby inventory...
6 Pages(1500 words)Essay

Supply Chain Management

...for different business operations. Different firms like airlines, hospitality, oil and gas, medical, defense and many other logistics firms are deeply interested in the implementation of a robust and automated supply chain management system. SCM involves acquisition of raw materials, the transformation of raw materials into final products. SCM adds value in the business and involves distribution and promotion of final products in the markets. SCM plays a vital role in the exchange of information among business partners like vendors, suppliers, retailers, distributors etc. The main purpose of supply chain management system is to enhance...
4 Pages(1000 words)Essay

Supply chain management

Transformation. Another key strategy is that Zara keeps tight control and flexibility over every link in its supply chain, keeping the bulk of manufacturing in-house rather than outsourcing them. While other companies begin with the designers who plan a year in advance, Zara store managers monitor what is selling daily and track current sales trends. They feed information on what customers need but can’t find to designers who create the designs and have them manufactured instantly. Throughout its process, the ‘fast fashion’ concept enables designs to reach production in two weeks, and has been imitated by Forever 21, Mango, and Topshop (Hansen, 2012). Output. As for distribution, Zara does this exclusively through their own store...
9 Pages(2250 words)Essay

Supply Chain Management

...is mainly executed to development of organizations thus prompting business enterprises to commence strategic associations with other prevailing organizations (Lamberti et al, pp36-42). Common basis of supply chain management undertaken by organizations mainly entail the demand-supply chain. Therefore, there is no competition amongst the suppliers, partakers within the chain, sub-contract merchants, in-house merchandise processes, transportation, circulation, warehouses and the final consumer since they undertake mutually exclusive tasks. The paper mainly explore the necessity for SCM , arrangement of the SCM models, Issues that pertains...
5 Pages(1250 words)Assignment

Wedgwoods Supply Chain Management

...Topic: Wedgwood's Supply Chain Management The company: Luxury ceramics are identified with Wedgwood Company, with a history of about 250 years, the company is facing the problems in operation management that is a flexible and responsive customer service. Improving the basic tasks of a company like finding raw components required for product or service, manufacture of the products or service and delivery to the customers is the arts and science of supply chain management. The five basic components of supply chain management include, (Christopher Koch, 2002) (Carlo.D.Smith pp155-178) (William C Copacino, 1997, pp.81-90) (Robert A. Rudzki et.al) Planning: A strategy is to be developed for the cost-effective utilization of resources required...
8 Pages(2000 words)Essay

Supply chain management definition

...1.0 Introduction Supply chain management can be defined as the systemic, strategic coordination of the traditional business functions and the tactics across these business functions within a particular company and across businesses within the supply chain for the purposes of improving the long-term performance of the individual companies and the supply chain as a whole (Braithwaite 2002). The supply chain also exists for the customer, as the customer is the one that adds the value to this process. Proper control and management of the supply chain, particularly for organisations operating in the service industry is important as it is responsible for the improved customer experience, reduced inventories, lower operating costs and improved...
10 Pages(2500 words)Case Study

Supply Chain Management

SBX Construction Company Investment analysis – Horizontal Boring Machine: EATCF Stream:   Year Year 2 Year 3 Year 4 Year 5 NOI 20000 20000 20000 20000
20000
-Depr. Exp.
-10000
-10000
-10000
-10000
-10000
Net Income (BT)
10000
10000
10000
10000
10000
-Inc. Tax
-4000
-4000
-4000
-4000
-4000
 
 
 
 
 
 
=Net Income (AT)
6000
6000
6000
6000
6000
 
 
 
 
 
 
Adjusting Accrual to Reflect Cash Flow
-Cap. Impr. Exp.s
0
0
0
0
0
+ Depr. Exp.
10000
10000
10000
10000
10000
+ Tax Claim
2000
2000
2000
2000
2000
EATCF
$18000
$18000
$18000
$18000
$18000
NPV @...
2 Pages(500 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!

Contact Us