How to make your city better
Contents
1.0 Introduction 1
2.0 The Function of Supply Chain Management 2
2.1 Definition of Supply Chain (SC) 2
2.2 Definition of Supply Chain Management (SCM) 4
2.3 The Functions of Supply Chain Management 4
3.0 The Strategic Role that Can Be Associated with The Function 5
3.1 The Company’s Competitive Strategy 5
Figure 3.1 The Value Chain in a Company 5
3.2 The Strategic Role of Supply Chain 6
4.0 Analyse How It Can Impact on the Performance of Organization 7
5.0 How to Successful Implementation of This Role 8
5.1 Achieving Strategic Fit 8
Table 5.1 Impacts of Customer Needs on Implied Demand Uncertainty 9
Customer need 9
Figure 5.1 Cost-Responsiveness Efficient Frontier 10
Figure 5. 4 Fits Between Competitive and Functional Strategies 12
5.2 Obstacles to Achieving Strategic Fit 13
5.3 Drivers of supply chain performance 14
6.0 Conclusion 17
7.0 Reference 17
1.0 Introduction
Supply chain management (SCM) is a concept that has flourished in manufacturing industry, and it is the management of all the activities in any of the companies involved in a supply chain to provide the highest possible level of customer service at minimum cost. So, supply chain management links to the corporate performance tightly.
This document aims to (1) reveal the strategic role that can be associated with the functions of Supply Chain Management, (2) analyse how it can impact on the performance of organisation, and (3) give an outline of what is involved in the successful implementation of this role. Relevant examples and discussion are mainly based on the Wal-Mart supermarket.
2.0 The Function of Supply Chain Management
2.1 Definition of Supply Chain (SC)
A supply chain consists of all stages involved, directly or indirectly, in fulfilling a customer request. The supply chain not only includes the manufacturer and suppliers, but also transporters, warehouses, retailers, and customers themselves. Within each organization, such as a
1.0 Introduction 1
2.0 The Function of Supply Chain Management 2
2.1 Definition of Supply Chain (SC) 2
2.2 Definition of Supply Chain Management (SCM) 4
2.3 The Functions of Supply Chain Management 4
3.0 The Strategic Role that Can Be Associated with The Function 5
3.1 The Company’s Competitive Strategy 5
Figure 3.1 The Value Chain in a Company 5
3.2 The Strategic Role of Supply Chain 6
4.0 Analyse How It Can Impact on the Performance of Organization 7
5.0 How to Successful Implementation of This Role 8
5.1 Achieving Strategic Fit 8
Table 5.1 Impacts of Customer Needs on Implied Demand Uncertainty 9
Customer need 9
Figure 5.1 Cost-Responsiveness Efficient Frontier 10
Figure 5. 4 Fits Between Competitive and Functional Strategies 12
5.2 Obstacles to Achieving Strategic Fit 13
5.3 Drivers of supply chain performance 14
6.0 Conclusion 17
7.0 Reference 17
1.0 Introduction
Supply chain management (SCM) is a concept that has flourished in manufacturing industry, and it is the management of all the activities in any of the companies involved in a supply chain to provide the highest possible level of customer service at minimum cost. So, supply chain management links to the corporate performance tightly.
This document aims to (1) reveal the strategic role that can be associated with the functions of Supply Chain Management, (2) analyse how it can impact on the performance of organisation, and (3) give an outline of what is involved in the successful implementation of this role. Relevant examples and discussion are mainly based on the Wal-Mart supermarket.
2.0 The Function of Supply Chain Management
2.1 Definition of Supply Chain (SC)
A supply chain consists of all stages involved, directly or indirectly, in fulfilling a customer request. The supply chain not only includes the manufacturer and suppliers, but also transporters, warehouses, retailers, and customers themselves. Within each organization, such as a