Preview

Business Continuity in Supply Chain Management

Powerful Essays
Open Document
Open Document
2365 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Business Continuity in Supply Chain Management
Purpose of Study: As a small business owner and potential retail management executive, the

availability of products and services are vital to business operations. The occurrence of

major disasters have hindered and stopped business functions for many businesses. The

information reported in this paper could be useful to small business owners or anyone

interested in a career in retail or perhaps customers.

Opening Statement:

The Supply Chain in the Retail sector is as important as Customer Service,

Human Resources, Sales Management, or Credit Services; if products aren’t in the store,

there is no business. Businesses need smooth and uninterrupted access to vendors,

suppliers, designers, distributors and customers.

Findings:

Business Continuity Planning is becoming increasingly important to the success

and sometimes survival of any business. Disasters, man-made (9/11 terrorist attacks) and

natural (Hurricanes Katrina and Sandy) have shown the need for planning for the

unexpected and uncontrollable. Even online retailers such as Amazon, depend on smooth

and reliable delivery of their products from their suppliers, and delivery to their

customers.

Supply chain management relies on many things; efficient and accurate logistics,

competent, dedicated staff members and equally important, strategic planning. All these

things and more contribute to continued business operations in the event of disaster.

Major retailers like Sears, Macy’s, Home Depot or Wal-Mart are stores that customers

depend on for the bare necessities used during and after a disaster.

Any part of the supply chain can be outsourced, this transfers liability for that

product or service, however the risk cannot be outsourced. There are increasingly more

risks to the company within the supply chain, due to streamlined supply chains. Retailers

are always at risk of being associated with a vendor or



References: Benyoucef, M., & Forzley, S. (2007). Business Continuity Planning and Supply Chain Management. Supply Chain Forum: An International Journal, 8(2), 14-22 May 18, 2014. Fernandes, R. A. (2011, March 16). Supply chain management and business continuity. Retrieved May 16, 2014, from http://www.continuitycentral.com/feature0865.html Hiles, A. (2011). The Definitive Handbook of Business Continuity Management (3rd ed.). Hoboken, NJ: Wiley. Kildow, B. A. (2011). A supply chain management guide to business continuity. New York: American Management Association. Nash, K. S. (2012, February 20). How to Find Weak Links in Your Supply Chain. Retrieved May 19, 2014, from Business Continuity & Emergency Planning, 6(3), 222-227. Retrieved March 27, 2014. Sanders, S. (2014). [Personal Knowledge]. Unpublished raw data. Sears Brands, LLC. (2014). Corporate Governance. Retrieved May 20, 2014, from http://www.searsholdings.com/govern/compliance.htm Supply Chain Management. (2012, February 21). Retrieved May 23, 2014, from http://cmuscm.blogspot.com/2012/02/pareto-analysis-for-supply-chain-using.html Wright, J. (2013). Taking a Broader View of Supply Chain Resilience. Supply Chain Management Review, 17(2), 26-31.

You May Also Find These Documents Helpful

  • Powerful Essays

    Riordan Mgf. Operations - Supply Chain (Hangzhou, China). (2014, January 9). Retrieved from Riordan Mfg.: Home: https://ecampus.phoenix.edu/secure/aapd/CIST/VOP/Business/Riordan/Ops/SupplyChain.asp?hangzhou…

    • 1637 Words
    • 8 Pages
    Powerful Essays
  • Best Essays

    Target's Supply Chain

    • 1472 Words
    • 6 Pages

    Feller, A., Shunk, D., & Callerman, T. (2006, March). Value Chains Versus Supply Chains. In…

    • 1472 Words
    • 6 Pages
    Best Essays
  • Better Essays

    Leong, W. T. (2012). Principles of Supply Chain Management . Mason OH Page 54, 112-113.…

    • 1357 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    McLeod Motors LTD

    • 1142 Words
    • 6 Pages

    Arntzen, B. C., G. G. Brown, T. P. Harrison, L. L. Trafton. 1995. Global supply chain management at Digital Corporation. Interfaces 25(1) 69-93.…

    • 1142 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    spin Master toys

    • 1250 Words
    • 5 Pages

    Finley, “How to spot and help an at risk supplier”, Supply chain management review, 13(5). July/August 2009. pp. 18-25.…

    • 1250 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Secure Base Children

    • 483 Words
    • 2 Pages

    Detachment describes the way a child reacts to their attachment figure after being separated from her for a time period and then meets her again. Children who had been separated from their attachment figure for days or weeks, when reunited with their attachment figure showed detachment behaviors. Detachment behaviors are: no recognition of the attachment figure; turning away and/or walking away from the attachment figure; crying or coming close to crying; and an expressionless face. Furthermore, “There is reason to believe that after a very prolonged or repeated separation during the first three years of life detachment can persist indefinitely” (p. 12). From the above information we learn that separation is dangerous; it has lifelong effects and should be avoided if possible.…

    • 483 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Executive Summary

    • 274 Words
    • 2 Pages

    Jacobs, F. R., & Chase, R. B. (2011). Operstions and Supply Chain Management (13 ed.). New York, N.Y.:…

    • 274 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Banks are one of the earliest adopters of Information Technology in the current world of business. As the nature of bank 's business is highly critical, the federal government had mandated that the banks must develop, maintain and carry out disaster recovery plans. This paper explores banking industry 's disaster recovery needs and the value of good planning in this nature. The views discussed in this paper are as part of a study of high-rise fire which broke out in a bank in Los Angeles in the year 1988. This paper critically examines the extent of damaged caused, recovery from fire and effective planning behind it.…

    • 1147 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Business Continuity Plan

    • 1377 Words
    • 6 Pages

    In todays economy, organizations are faced with so many obstacles that could permanently alter the way they conduct business or remain relevant upon their competition. In addition to keeping up with the latest technology, new trends among their specific business industry, organizations need to have a plan of action in place if an event of any nature interrupts the normal flow of business. Disaster recovery and business continuity planning are two key processes that allow organizations to continue normal business functions in the event of an interruption. When business is disrupted, it can cost an organization a lot of money. Potential lost revenues, in addition to extra expenses, means a reduction in profits. Even though insurance is…

    • 1377 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Coyle, J., Langley, C., Gibson, N., Novak, R., Bardi, E., (2009). Supply Chain Management; A Logistics Perspective. Ohio: South-Western Press. 9th Ed..…

    • 810 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Business Contintuity

    • 5491 Words
    • 22 Pages

    Flin, R, (1996) 'Sitting in the hot seat: Leaders and teams for critical incident management ',…

    • 5491 Words
    • 22 Pages
    Powerful Essays
  • Best Essays

    Disaster Recovery Plan

    • 2312 Words
    • 10 Pages

    Disasters have become an inevitable part of businesses and organizations as well. They not only have a major effect on business and organizational continuity; they also result to an overhaul in organizational operational mechanisms (Awasthy, 2009). It is for this reason that many organizations and business resort to preparing business continuity plans and disaster recovery plans that will facilitate better disaster management in future. Effective disaster recovery plans are important to every business and organization (Thejendra, 2008).…

    • 2312 Words
    • 10 Pages
    Best Essays
  • Powerful Essays

    7-11 Japan

    • 3765 Words
    • 12 Pages

    Lee, Hau L. "The Triple-A Supply Chain." Harvard Business Review 82, no. 10 (2004): 102-112.…

    • 3765 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    Monczka, R., Handfield, R., Giumipero, L., & Patterson, J. (2011). Purchasing & supply chain management. (5th ed.). Mason: South-Western.…

    • 1235 Words
    • 5 Pages
    Good Essays
  • Best Essays

    Apple E Business

    • 2472 Words
    • 10 Pages

    Tan, K.C., 2001, A framework of supply chain management literature, European Journal of Purchasing and Supply Management, Vol. 7 No. 1, pp. 39-48.…

    • 2472 Words
    • 10 Pages
    Best Essays