Tuesday, April 23, 2019
Sucessful supply chain management and the creation of competitive Essay
Sucessful supply strand prudence and the creation of agonistic advantages requires effective demand and supply chain manage - Essay ExampleIn this case, upstream interconnectedness focuses on source of supply, while downstream interconnection deals with distribution of commodities to customers. Therefore, SMG focuses creation and optimization of value in make fores and activities for services and products that are offered in order to satisfy customer demands. SMG may also be considered a interrelationship and solicitude of in ply and outflow of commodities and relevant information through with(predicate) with(predicate) a network that interlinks producers, manufactures and consumers (Samaranayake, 2005, 48). However, in that respect is a need for a change in SMG, which is facilitated by a shift from individual functions of management to integration of necessary activities in the performance. Some of the processes managed through SCM include management of customer relation, s uppliers relationship service, returns, demand, flow of manufacturing processes and order fulfilment. Moreover, there are functions and facilities, which are entailed in the supply, chain activities such as conversion and conveying of commodities from a stage of raw materials to finished goods. Therefore, SCM can be conceptualized as a network through which suppliers and consumers are able to integrate demand and supply. Competitive Advantage In order to create a competitive advantage with through supply chain management, there are supply chain connections in the upstream and downstream flow of materials and information (Monczka, Trent & Handfield, 2005, 9). There are both physical and informational elements entailed in the process of SCM, which is perceived as creation of value chain network that consist of individual functional units. In addition, it entails upstream supplier network and downstream channels, whereby organization forms an integral part of the SCM. In this case, t his calls for equitable consummation in a way that facilitates achievement of organizational objectives. In other situation, supply chain management is applied as a way of gaining competitive through maximization of value, whereby it leads to generation of disparities between finished products. In fact, these different is vital to the customer and for supply chain as well, whereby it offers a means of straightforward customer needs (Chopra & Meindl, 2007, 22). On the other hand, SCM offers a platform for a competition based on value of products and services offered by an organization and collaboration with suppliers and customers. This leads to acquisition of a substantial market share, which is derived from consumers through satisfaction (Martin & Grbac, 2003, 25). Therefore, SCM creates an opportunity of gaining a competitive advantage through collaboration and cooperation aimed at improving the expertness and market effectiveness that is vital to the customers. Nevertheless, g aining a competitive advantage through SCM requires planning of operations, whereby it is vital for facilitating the process of distributing commodities in the market to the consumers (Gimenez & Ventura, 2002, 4). Moreover, there other issues considered in the process of designing and monitoring the supply chain in fact, these
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