Preview

Supply Chain Management

Good Essays
Open Document
Open Document
1103 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Supply Chain Management
Successful SCM requires a change from managing individual functions to integrating activities into key supply chain processes. An example scenario: the purchasing department places orders as requirements become known. The marketing department, responding to customer demand, communicates with several distributors and retailers as it attempts to determine ways to satisfy this demand. Information shared between supply chain partners can only be fully leveraged through process integration.
Supply chain business process integration involves collaborative work between buyers and suppliers, joint product development, common systems and shared information. According to Lambert and Cooper (2000), operating an integrated supply chain requires a continuous information flow. However, in many companies, management has reached the conclusion that optimizing the product flows cannot be accomplished without implementing a process approach to the business. The key supply chain processes stated by Lambert (2004)[14] are: * Customer relationship management * Customer service management * Demand management style * Order fulfillment * Manufacturing flow management * Supplier relationship management * Product development and commercialization * Returns management
Much has been written about demand management. Best-in-Class companies have similar characteristics, which include the following: a) Internal and external collaboration b) Lead time reduction initiatives c) Tighter feedback from customer and market demand d) Customer level forecasting
One could suggest other key critical supply business processes which combine these processes stated by Lambert such as: a. Customer service management b. Procurement c. Product development and commercialization d. Manufacturing flow management/support e. Physical distribution f. Outsourcing/partnerships g. Performance measurement h. Warehousing management
a) Customer service

You May Also Find These Documents Helpful

  • Good Essays

    Supply Chain Management (SCM) encompasses all of the business processes involved in sourcing, making, and delivering goods. It also requires having an accurate and real-time view of supply and demand. Simply stated, SCM is a broad topic that is gaining importance in today's highly-fragmented, global, and dynamic business environment.…

    • 5219 Words
    • 24 Pages
    Good Essays
  • Good Essays

    This creates a complex intra-company and external supply chain consisting of all business processes and information used to provide our product to the customers; this includes everything from procurement of raw materials, through production, and to distribution. Because of the relationship of these facilities they are suppliers and distributers to one another, making the need for…

    • 1844 Words
    • 8 Pages
    Good Essays
  • Good Essays

    Supply Chain Management

    • 3521 Words
    • 15 Pages

    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
  • Best Essays

    Riordan's Plan

    • 1371 Words
    • 6 Pages

    Supply Chain Management is about the delivery of a product to a customer in a timely manner regardless of its location of the globe. Providing the right component, the correct quantity ordered, and at the right price is what customers value the most. To enhance customer value and satisfaction a customer relationship integration team should exist and bring together each facility, its services, and its employees into the CRM process. Integrating the available information of an organization allows employees to have immediate access that may be crucial to a customer’s delivery. Customers value the open visibility of their supplier to track any material that has been shipped.…

    • 1371 Words
    • 6 Pages
    Best Essays
  • Good Essays

    Supply Chain Management

    • 324 Words
    • 2 Pages

    Read “A pain in the (supply) chain” in the course pack and the supply chain integration…

    • 324 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Supply Chain Management

    • 1645 Words
    • 7 Pages

    In the San Diego distribution center (DC) information flow example, dealers not being notified automatically of order status would be classified as which of the following information flow dimensions:…

    • 1645 Words
    • 7 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

    References: Croxton, K., S. Garcia-Dastugue, and D. Lambert, “The Supply Chain Management Processes,” The International Journal of Logistics Management, V. 12, No. 2, 2001, pp. 13–36.…

    • 18417 Words
    • 74 Pages
    Good Essays
  • Powerful Essays

    Supply Chain Management

    • 29886 Words
    • 120 Pages

    Chapters 1/2: Introduction and Perspective ................................................................. 3 Chapter 3: Product Development Decisions................................................................. 7 Chapter 4: Procurement Decisions ............................................................................... 9 Chapter 5: Manufacturing Decisions........................................................................... 17 Chapter 6: Distribution Decisions ............................................................................... 25 Chapter 7: Transportation Decisions .......................................................................... 29 Chapter 8: Service Decisions ...................................................................................... 37 Chapter 9: Generate Demand Decisions..................................................................... 38 Chapter 10: Forecasting Decisions............................................................................. 44 Chapter 11: Information Technology Decisions ......................................................... 48 Chapter 12: Other Decisions ....................................................................................... 53 Chapter 13: Financial and Operating Reports............................................................. 55 Chapter 14: Research Studies..................................................................................... 73 Chapter 15: Performance Evaluation .......................................................................... 83 Chapter 16: Firm Management and Advice................................................................. 85 Appendix: Web-Based LINKS Access......................................................................... 87 Index…

    • 29886 Words
    • 120 Pages
    Powerful Essays
  • Powerful Essays

    Supply Chain Management

    • 1240 Words
    • 5 Pages

    The Standard Air Conditioning Maintenance Agreement provides basic coverage for the parts of your air conditioning system that need frequent service. This agreement also includes a pre-season inspection to ensure peak performance of your system. Please refer to the following list for specific parts coverage under your agreement. Low Pressure Switch Running Capacitor High Pressure Control Starting Capacitor Metering Device Condenser Motor Condenser Fan Blade Crankcase Heater Contactor Non-digital Thermostat Blower Control Blower Motor Blower Belt Air Handler Circuit Board Fan Relay Time Delay Relay Transformer Refrigerant, 2 lb Max…

    • 1240 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Supply Chain Management

    • 7320 Words
    • 30 Pages

    A. Analyze whether a Keiretsu network, a virtual company, a vertical integration, or a different supply chain strategy should be adopted.…

    • 7320 Words
    • 30 Pages
    Good Essays
  • Powerful Essays

    Supply Chain processes are the operational heart of a company and are critical to achieve the level of cost, working capital investment and service needed to guarantee the profitability.…

    • 5138 Words
    • 21 Pages
    Powerful Essays
  • Powerful Essays

    Wal-Mart's Supply Chain

    • 2000 Words
    • 8 Pages

    Supply chain management is the process that an organization uses to "improve the way the company finds the raw components it needs to make a product or service and deliver it to customers (www.supply-chain.org 2006)." There are five basics components of a supply chain management system-plan, source, make, deliver, and return. Planning is the "strategy for managing all the resources that go toward meeting customer demand for the product or service (www.supply-chain.org 2006)." The source components are "the suppliers that will deliver the goods and services the organization needs to create the product or service (www.supply-chain.org 2006)." Make applies to manufacturing the product or the activities necessary to provide the service to the customer. Deliver is the logistics, getting the product or service to the customer (www.supply-chain.org 2006). The last component is return where quality assurance comes into play (www.supply-chain.org 2006). The goal of this paper is to identify the existing supply chain management processes with Wal-Mart as a comparison to other supply chain practices in an effort to recommend changes to the current system.…

    • 2000 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Supply chain management is one of the hot topics in business today. Render (1997) has defines "supply chain management" is the integration of activities that procure materials and services, transform them into intermediate goods and final product, and deliver them to customers. The strategy is to apply a total systems approach to managing the entire flow of information, materials, and services from raw-materials suppliers through factories and warehouses to the final customer. "The objective of supply chain management is to synchronize the requirements of the final customer with the flow of materials and information along the supply chain in order to reach a balance between high customer satisfaction/service and cost."(Markland, 1998) therefore the goals of supply chain management are to reduce uncertainty and risks in the supply chain, thereby positively affecting inventory levels, cycle time, processes, and ultimately, end-customers service levels.…

    • 2365 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    Supply Chain Management

    • 660 Words
    • 3 Pages

    Q1. Consider the supply chain involved when a customer purchases a book at a bookstore. Identify the cycles in this supply chain and the location of the push/pull boundary.…

    • 660 Words
    • 3 Pages
    Satisfactory Essays