Preview

Information Sharing in Supply Chain Management

Powerful Essays
Open Document
Open Document
6952 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Information Sharing in Supply Chain Management
Information Sharing in Supply Chain Management

Done by :
Abrar Al-Ajlan Jaya Sinha

Acknowledgement

Our special thanks to Dr. Astone for her valuable and consistent support.

A foreword

Today, many businesses are failing owing to the incompetency in achieving an effective supply chain process. Also, those who are able to successfully manage the supply chain are not successful just by managing this alone. Rather, businesses succeed when they combine other marketing strategies with a successful implementation of supply chain process. Newer techniques already are in place and there is a need for more innovative solutions to come out with an effective supply chain management.
In this paper, an attempt has been made to emphasize the important of challenges facing the organizations today, current trends and techniques existing in the marketplace with respect to supply chain process and henceforth the solutions have been suggested to help those who are in businesses.
The limitation of this paper is it does not present any market data or statistical data which is only possible when a industry or a particular firm is studied in detail. However, certain solutions are good to be taken note of and to be implemented.

Table of Content

Acknowledgement | | A foreword | | Introduction | 1 | The components of Supply Chain | 2 | Lean SCM and the necessary attributes | 3 | A comparison of traditional supply chain with Collaborative Network Supply Chain | 6 | Potential Benefits of E-SCM | 7 | Evolution of Supply Chain | 8 | Challenges in the SCM and information sharingInformation sharing and Modeling of Supply chain Management Some ExamplesAn Exclusive Example of Barnes & NobleSolutionsConclusion References | 10121415161718 | |

Introduction
As supply chain is an integral part of every company and every industry, it becomes imperative to view SCM from the perspective of E-commerce today. While a traditional SCM consists


References: IlaManuj, John T. Mentzer. “Global Supply Chain Risk Mnagement” JOURNAL OFBUSINESS LOGISTICS, Vol. 29, No. /, 2008: 133-143 Infor Corporate Headquarters La Londe, B., 1998. Supply Chain Management: An Opportunity for Competitive Advantage. Department of Transport and Logistics, The Ohio State University. Thomas Wailgum. “Supply Chain Management Definition and Solutions.”CIO.com. Nov. 20, 2008. Oct 22, 2009 <http://www.cio.com/article/40940/Supply_Chain_Management_Definition_and_Solutions> Tim Vaio Zach G. Zacharia, Nancy W. Nix, Robert F. Lusch. “An Analysis Supply Chain Collaborations and Their Effect on Performance Outcomes “ JOURNAL OF BUSINESS LOGISTICS Vol. 30, No. 2, 2009 : 101-116
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Good Essays

    Res 320
    • 926 Words
    • 3 Pages

    Res 320

    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
    Read More
  • Good Essays

    SCHM 2301 MurraySyllabus Spring 2015 V2
    • 5219 Words
    • 24 Pages

    SCHM 2301 MurraySyllabus Spring 2015 V2

    A Customized Textbook, Supply Chain Management SCHM2301, ISBN9781308037400 Copies are on reserve in the library…

    • 5219 Words
    • 24 Pages
    Good Essays
    Read More
  • Good Essays

    Supply Chain Management
    • 3521 Words
    • 15 Pages

    Supply Chain Management

    In the past, companies focused primarily on manufacturing and quality improvements within their four walls; now their efforts extend beyond those walls to influence the entire supply chain including customers, customers’ customers, suppliers, and suppliers’ suppliers. Today’s supply chain is a complex web of suppliers, assemblers, logistic firms, sales/marketing channels, and other business partners linked primarily through information networks and contractual relationships. SCM systems enhance and manage the relationships.…

    • 3521 Words
    • 15 Pages
    Good Essays
    Read More
  • Powerful Essays

    SCM401TRsp2015 1

    • 4526 Words
    • 18 Pages

    SCM401TRsp2015 1

    Fierce competition in today’s global markets, the introduction of short life cycle products, and the heightened customers expectations have forced the business enterprises to invest in, and focus attention on, their supply chains like never before. In industry after industry supply chains have been radically transformed over the last ten years. Initially the enablers for change were fast and cheap computer processing power along with standardized data communication. Recently the combination of enterprise information infrastructure and internet has paved the way for a variety of supply chain optimization technologies. In line with these developments, this course focuses on management and improvement of supply chain processes. The primary objectives of the course are:…

    • 4526 Words
    • 18 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Supplier Development Nissan Cogent Case
    • 2817 Words
    • 11 Pages

    Supplier Development Nissan Cogent Case

    Chen, I.J., Paulraj, A. (2004). Towards a theory of supply chain management: the constructs and measurement’’. Journal of Operations Management. 22 (2), 119–150…

    • 2817 Words
    • 11 Pages
    Powerful Essays
    Read More
  • Good Essays

    Analyzing Kroger's Supply Chain
    • 580 Words
    • 3 Pages

    Analyzing Kroger's Supply Chain

    There is no use denying the fact that the modern age could be characterized by the blistering development of small and large businesses. Having realized the advantages and possibilities of the market driven economy, great number of people decided to start their own business in order to develop their company and becomes successful. It is obvious, that the process of management of a certain business is a very complicated job which demands a great number of various skills from the owner. Thus, one of the first and most important tasks which a manager should accomplish is to align the efficient supply chain in order to provide good products. Besides, one should also remember the fact that "effective supply chain management has become a potential…

    • 580 Words
    • 3 Pages
    Good Essays
    Read More
  • Better Essays

    Current Ethical Issues in Managerial Accounting
    • 928 Words
    • 4 Pages

    Current Ethical Issues in Managerial Accounting

    The term supply chain management was named by Keith Oliver in 1992, economists called this the creation era. In the so-called integration era, SCM got developed along with Electronic Data Interchange (EDI) and Enterprise Resource Planning (ERP) systems with the internet-based collaborative systems. SCM is starting to get widely used in the globalization era in the late 1980s. In the 1990s companies began to outsource manufacturing and distribution. This new step created need for manufacturing and distribution networks with many supply chains. (Haag, Cummings, McCubbrey, Pinsonneault, Donovan 2006)…

    • 928 Words
    • 4 Pages
    Better Essays
    Read More
  • Satisfactory Essays

    Acct 200 Essay Example
    • 979 Words
    • 4 Pages

    Acct 200 Essay Example

    Supply chain management is a key means of differentiation for a firm and a critical component in marketing and corporate strategy.…

    • 979 Words
    • 4 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Operations Management
    • 2215 Words
    • 9 Pages

    Operations Management

    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
    Read More
  • Best Essays

    Cisco Case Study
    • 2634 Words
    • 11 Pages

    Cisco Case Study

    Bibliography: Stanley, E., Lisa, M., and Jeffrey, A. (2007): Supply Chain Management, From Vision to Implementation, Pearson Education: New Jersey.…

    • 2634 Words
    • 11 Pages
    Best Essays
    Read More
  • Best Essays

    The Transformation from Traditional Management Systems to Supply Chain Management and Customer Relationship Management Systems
    • 2393 Words
    • 10 Pages

    The Transformation from Traditional Management Systems to Supply Chain Management and Customer Relationship Management Systems

    References: Bianco, D. (2011). The business encyclopedia 2nd Ed. Retrieved March 28, 2011, from http://www.referenceforbusiness.com/encyclopedia/Str-The/Supply-Chain-Management.html.…

    • 2393 Words
    • 10 Pages
    Best Essays
    Read More
  • Good Essays

    Project Procurement
    • 504 Words
    • 3 Pages

    Project Procurement

    With the increased globalization, competition and complexity in global supply chains, more companies have realized that supply chain management is critical to the optimal organizations overall operation. It is not longer just the responsibility of the warehouse manager and logistics director. In the past, many organizations didn’t manage their supply chains they left that up to the suppliers. Usually the supply chain planning, marketing, production and inventory management in most organizations operated as separate departments (Stevenson, 2009). Businesses have recognized the strategic importance and the need for effect and efficient supply chains in operations management (Stevenson, 2009).…

    • 504 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Table Of Contents: Barilla Case Report And Executive Summary
    • 1860 Words
    • 8 Pages

    Table Of Contents: Barilla Case Report And Executive Summary

    Above all, it’s necessary to implement the new way to a supply chain management. However, as the long time traditional operation for the supply, there are some difficulties need to be solved and conquered, such as customers don’t want to lose their control over the placing of orders at their…

    • 1860 Words
    • 8 Pages
    Good Essays
    Read More
  • Good Essays

    Supply Chain Management Paradigm and Its Application to the Service and Manufacturing Industry
    • 1357 Words
    • 6 Pages

    Supply Chain Management Paradigm and Its Application to the Service and Manufacturing Industry

    The Institute of Supply Management describes supply chain management as “the design and management of seamless, value added processes across organizational boundaries to meet the needs of the end customer. The development and integration of people and technologies or resources are critical to the successful supply chain management”…

    • 1357 Words
    • 6 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    . Literature Review: of Mis
    • 392 Words
    • 2 Pages

    . Literature Review: of Mis

    While there is plenty of published literature that explains or espouses SCM, there is a dearth of empirical studies examining logistics and SCM practices. Galt and Dale (1991) study ten organizations in the UK and find that they are working to reduce their supplier base and to improve their communications with the suppliers. Fernie (1995) carries out an international comparison of SCM in the grocery retailing industry. He finds significant differences in inventory held in the supply chain by the US and European grocery retailers, which could be explained by difference in degrees of their SCM adoption. Tan and Wisner (2000) compare SCM in the US and Europe. Tan (2002) relates SCM practices and concerns to firm’s performance based on data from US companies. He lists nine important supply chain concerns such as lack of sophisticated ICT infra-structure, insufficient integration due to lack of trust and collaboration among the supply chain stakeholders and thereby lack of supply chain effectiveness and efficiencies. Basnet et al. (2003) report the current status of SCM in New Zealand, while Sahay et al. (2003) discuss supply chain strategies and structures in India. These surveys rank the perceived importance of some SCM activities, types of hindrances and management tools on the success of SCM using representative samples mostly from manufacturing. Quayle (2003) surveys supply chain management practice in UK industrial SMEs (Small Manufacturing Enterprises) while Kemppainen and Vepsalainen (2003) probe…

    • 392 Words
    • 2 Pages
    Satisfactory Essays
    Read More

Related Topics