Preview

THE IMPORTANCE OF INFORMATION SYSTEMS IN GLOBAL SUPPLY CHAIN MANAGEMENT.

Powerful Essays
Open Document
Open Document
1410 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
THE IMPORTANCE OF INFORMATION SYSTEMS IN GLOBAL SUPPLY CHAIN MANAGEMENT.
JOM0 KENYATTA UNIVERSITY OF AGRICULTURE AND TECHNOLOGY

TASK: DISCUSS THE IMPORTANCE OF INFORMATION SYSTEMS IN GLOBAL SUPPLY CHAIN MANAGEMENT.

SUBMITTED TO: MR.PATRICK MWANGANGI ABSTRACT
Supply chain management information system (SCM IS) plays an increasing critical role in the ability of firms to reduce costs and increase the responsiveness of their supply chain. This paper focuses on: supply chain management information systems, initial research model and theoretical foundations, internal integration ,external integration ,strategic information systems contribution to supply chain integration in line with: transaction execution, collaboration and coordination and decision support and finally E-commerce technology contribution to procurement functions. ABREVIATIONS
ASP: Advanced Planning Scheduling
BACS: Bankers Automated Clearing Services
EDI: Electronic Data Interchange
EFT: Electronic Fund Transfer
E-POS: Electronic Point Of Sale
IT: Information Technology
SCM IS: Supply Chain Management Information Systems.
1.1 INTRODUCTION
The present business environment is increasing competitive and both researchers and practitioners are constantly engaged in proposing ways to thrive in the environment. There are many different measures business have engaged in and many others being proposed to survive in the volatile business environment. For example, Doz and Kosonen (2008) suggested openness to new evidence, flexibility, readiness to access past choices and willingness to change course in relation to new developments as necessary factors I the current environment. In addition, collaboration with different partners, such as, suppliers, customers, competitors, universities, consultants and formulation of supply chains (SC) are such examples of measures to respond to the environment pressures. A supply chain is a group of companies which collaborate to achieve mutually agreed goals

You May Also Find These Documents Helpful

  • Powerful Essays

    Dcsn Case

    • 3448 Words
    • 14 Pages

    This case indicates that WoodSynergy Inc. is a midsize corporation in the fine woods supplier business, and the enterprise had lately launched Information technology based supply chain management schemes and was concerned in evaluating the development. They realized that efficiency can be improved by integrating information technology into their systems. They were capable of figuring out the importance of having information which is aligned with their business data. Enhanced data sharing would allow the company to meet order demand and deliver on time with the highest quality.…

    • 3448 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    Res 320

    • 926 Words
    • 3 Pages

    In today’s global market that is changing rapidly companies need to keep up with demand and market strategies to stay competitive. Businesses need to develop a process that allows them to operate at lower costs, and develop its own identity to distinguish it from other competitors. Supply Chain Management (SCM) has become an intricate part of the company operations allowing them to rethink how to reorganize their operation so they can focus on the core competencies of the company. SCM focus is to improve the way a company uses its resources such as raw materials and how it is delivered to its customers. Any product offered by a company, there are normally a number of business partners involved in the supply chain, including the manufacturers, wholesalers, distributors and retailers and the most important partner in this…

    • 926 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    In order to remain competitive, a company must offer superior quality goods or services at the lowest prices possible. Supply chain enables a company to reduce the cost while increasing the efficiency. However, there are risks that are associated with such benefits. These issues should be properly addressed when a company is trying to rely heavily on supply chain management in order to stay competitive within its industry.…

    • 466 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Supply chain management depends greatly on how efficient the communication flows between all the parties involved in the chain. The Internet is playing a major role on aiding companies with this process. The Internet and the Web allow companies to manage the details of their own internal processes as well as the processes of other members of their supply chains. Members using the software can see past performance, current performance and even predict product production. By using the Internet in supply chain management firms can:…

    • 806 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Operations Management

    • 2215 Words
    • 9 Pages

    Supply chain management is the coordination of the processes and functions within a business, adopted by most companies in the UK in the late 1990’s. It deals with the internal and external factors that, when dealt with correctly and systematically, can determine a businesses success or failure. A supply chain is the network of activities that delivers a finished product service to the customer. By definition, supply chain management (SCM) is “the management of the flows of materials from suppliers to customers in order to reduce overall cost and increase responsiveness to the customers” (Reid & Sanders). SCM entails the co-ordination of the movement of good through the supply chain from suppliers to manufacturers to distributors to the final customer. The main aim of SCM is to maximise the efficiency of any given process being carried out by a company; by doing this it is allowing them to try to cut their costs and hopefully keep satisfying their customers’ needs, while at the same time maintaining their competitive position within their market. Supply chain management is seen as more of an “open system” in contrast to the traditional system used by the majority of companies just 20 years ago. The new “open system” allows room for change which is greatly needed with the current financial instability of the economy.…

    • 2215 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Chapter Summary 15,17,18

    • 862 Words
    • 4 Pages

    According to the chapter supply chains are seldom static. They are constantly changing and evolving as a result of strategic changes taking place within the firm, competitive actions, changes in technology, and shifts in targeted customers or in customers’ needs. Supply chain management (SCM) is now a fact of life. Increasingly managers, researchers, and educators recognize the importance of SCM as both a strategic and tactical weapon. However, the practice of supply chain management is ever changing. Initially, the supply chain was viewed as an entity that was primarily concerned with the upstream suppliers and supplier management. By the mid 1990s, there was a change in orientation. The focus has shifted from the upstream to the entire supply chain. As we move into the middle of the first decade of the 21st century, we are seeing another shift in focus from supply chain management to strategic supply chain management. As this transition takes, there is a strong need for researchers, managers, and educators to reassess the current and future stages of supply chain management with the goal of identifying, presenting, and implementing a new…

    • 862 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Cis109

    • 1180 Words
    • 5 Pages

    Supply chain management (SCM) is the management of a network of interconnected businesses involved in the provision of product and service packages required by the end customers in a supply chain (Wailgum, 2012). Supply chain management spans all movement and storage of raw materials, work-in-process inventory, and finished goods from point of origin to point of consumption. The concept of Supply Chain Management is based on two core ideas. The first is that practically every product that reaches an end user represents the cumulative effort of multiple organizations. These organizations are referred to collectively as the supply chain. The second idea is that while supply chains have existed for a long time, most organizations have only paid attention to what was happening within their “four walls.” Few businesses understood, much less managed, the entire chain of activities that ultimately delivered products to the final customer. The result was disjointed and often ineffective supply chains (Handfield, n.d.).…

    • 1180 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    The marketing situations and customers’ minds changing all the time, in practice, some of the companies only focused on one outcome that their supply chains often cannot meet the requirements of the newly emerging business environment. (SCM 2010 and Beyond Workshop) So effective supply chains are often hybrids — reflecting various combinations of the six, that is “Blending Supply Chain Outcomes to Achieve Competitive Advantage”.…

    • 547 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Harrison, J. S, & John, C. H. (2010) Foundations in strategic management Mason, Ohio, SouthWestern Cengage Learning.…

    • 4236 Words
    • 26 Pages
    Satisfactory Essays
  • Powerful Essays

    Gm's Gravataí Plant

    • 9574 Words
    • 39 Pages

    Supply chains are no longer a subject for functional specialists; rather, their performance has a great impact on all stakeholders, and often creates competitive differentiation. Companies must develop appropriate strategies to maximise the value generated along their respective supply chains. This course extends the study of supply chain principles and management from the introductory study covered in OMGT1021. The focus of the course is on the development of organisational strategy in the context of supply chain management and the supply chain management performance. It explores the three critical areas of supply chain management – supply chain operations, integration and collaboration, and virtual supply chains.…

    • 9574 Words
    • 39 Pages
    Powerful Essays
  • Better Essays

    The agile supply chain There is now widespread recognition of the role that supply chain management can play in enabling organisations to compete in volatile markets. However, experience suggests that there are significant barriers both within the company and between its upstream and downstream partners in achieving the required level of responsiveness across the chain as a whole. Continuous change is a phenomenon with which the supply chains have had to cope for some time. But the rate, scale and unpredictability of change is today’s turbulent business environment is seriously challenging supply chains based on 1990s best practice.…

    • 1825 Words
    • 8 Pages
    Better Essays
  • Powerful Essays

    The goal of supply chain management (SCM) is to integrate and optimize activities within and across organizations for all stakeholders’ satisfaction. SCM in academia, which is called Educational SCM, aims at giving the best education possible for the students making effective use of the available resources. In the academia, the customers themselves provide their bodies and souls, minds, belongings, or information as inputs to the service processes. Supply chain management is needed for various reasons: improving operations, better outsourcing, increasing profits, enhancing customer satisfaction, generating quality outcomes, tackling competitive pressures and increasing globalization.…

    • 2815 Words
    • 12 Pages
    Powerful Essays
  • Best Essays

    ABSTRACT: This report examines Supply Chain Management (SCM) and how it enhances the supply chains in the Retail Industry. Also the report examines how the supply chain is a link of suppliers and buyers and customers in turn becoming supplier. The report examines the problems associated with the supply chain a major one which is bullwhip effect. This study focuses on how ERP and SCM work together to help in solving supply chain problems and making the supply chain management of the retail industry efficient. The aim of this report is to explore various Information technology applications/solutions in the Retail Industry Supply chain.…

    • 2361 Words
    • 10 Pages
    Best Essays
  • Good Essays

    The document argues that most companies are optimistic on the economic raise in the next few years; however, they are deprived of capabilities to meet the increasing demand. It enumerates the challenges that supply chains will have to overcome to gain from an improving economy. These include;- the volatility and uncertainty of supply chains, truly global supplier networks, regionally cost optimized supply chain configurations, risk management and integration and empowerment of existing supply chain organizations.…

    • 1034 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Today, Supply Chain Management as a discipline has changed the way logistics and supply is viewed. The competitive nature of business has neccesitated the modelling of Management Information Systems that can be used to provide information that will help fulfill customer demand while at the same time ensuring costs are kept to a minimum. “To stay competitive, enlightened companies have strived to achieve greater coordination and collaboration among supply chain partners in an approach called “supply chain integration.” (Lee & Whang, 2001)…

    • 717 Words
    • 3 Pages
    Satisfactory Essays

Related Topics