Introduction
“The best supply chains aren’t just fast and cost-effective. They are also agile and adaptable, and they ensure that all their companies’ interests stay aligned.” (Lee, 2004)
Supply chain management or SCM is a series of interconnected and interdependent operational functions and decisions. It is the blend of art and science that goes into enhancing the company’s procedures in obtaining the raw materials it requires to create a product or service and distribute it to customers (Harland Jr, 2013). All successful e-commerce businesses have one strategy in common, that similarity is the emphasis on creating and developing supply chains that distributes products and services to customers as cheaply and fast as possible. Leading e-commerce business and enterprise continually invest on improving the speed and cost-reduction of their supply chains, in which implementing a supply chain management proves to be beneficial. Supply chains that are flexible, nimble, and aligned can deliver sustainable competitive advantage, which is crucial to successful e-commerce (Lee, 2004).
This essay will discuss the statement ‘good supply chain management is key to successful e-commerce’ taking into account the main functions of supply chain management in relation to e-commerce businesses. It will also highlight several problems organisations face in implementing a good supply chain management system and how to overcome these drawbacks. Furthermore, the essay will include two
Supply chains must be managed to coordinate the inputs with the outputs in a firm to achieve the appropriate competitive priorities of the firm’s enterprise processes. The Internet offers firms an alternative to traditional methods for managing supply chains. A supply chain strategy is essential
Supply chain management is a practice that involves the planning, supervision, and implementation of strategies and controls to direct the movement of goods and services provided to customers. The intent of this essay is to incorporate a synopsis of existing literature and to provide the reader with a general understanding of how supply chain management correlates with the organizational design and structure of modern firms. The essay comprehensively reviews the components of supply chain management and their integration with functional areas within an organization. The information presented in this essay
The author Remko van Hoek is Professor in Supply Chain Management at Cranfield School of Management, UK and Head of the Corporate Executive Board, Washington DC, USA. Keywords Internet, Supply chain management, Electronic commerce Abstract There is rapidly growing interest in e-businesses. Its impact on supply chains is currently covered in about 150 papers and articles and the number is growing at the speed of computing power. Unfortunately, most of the published work, in research and practice, is biased to e-commerce and sales and marketing. The supply chain dimension of e-business is largely neglected and managed poorly, while basic logistics mal-performance is currently hampering turnover and revenues of e-commerce applications severely. If basic operational performance is not even assured, more advanced approaches of e-business will not take off, simply because there is inadequate support for the concepts in the physical domaine. Very often virtual integration is applied in an operational manner and in segments of the supply chain only, as opposed to an alternative approach developed here, that of strategic and integral supply chain involvement. This research note calls for an effort to make the supply chain dimension of e-business a reality and suggests practical approaches (create an e-supply chain which is a supply chain that can fulfill orders and assure supply
Effective supply chain management can provide an important competitive advantage for a business marketer, resulting in improved communication and involvement among members of the chain, increased motivation, and decreased costs. Tracking the movement of and demand for components used to manufacture a product across a variety of potential and actual suppliers, provides insight and the ability to respond instantly to shortages, surpluses, and changes in market conditions. It seeks to optimize production, decrease manufacturing time, minimize inventory, streamline order fulfillment, and reduce cost.
Every company has their own supply chain in order to sort or produce goods. However, the company needs to manage supply chain to maximize its highest benefits. By having effective supply chain management, the company can ensure that the right product or service will be available at the time to the right place and at the right price (Kamal 2007). Amazon is one of the companies that have best supply chain practices in order to respond high level of responsiveness for the customers. Thereby, this paper explains about Amazon Company, analysis of Amazon’s supply chain, recommendations and barriers to implement will be discussed.
Information technology (IT) has had a substantial impact on supply chains (Cachon & Fisher, 2000). IT consists of the tools used to gain awareness, analyse information and execute activities to increase supply chain efficiency (Kotzab, et al., 2003). These tools are the ‘lifeblood’ of SCM (Slack, et al., 2013). Organisations increasingly rely upon IT to improve their supply chain, however there is conflicting research that suggests it does not guarantee enhanced performance (Wu, et al., 2006).
Design approach – The paper is based on an exhaustive study of eight supply chains which included ten companies in America. Managers from at least four levels of the supply chain were interviewed, and the supply chains were outlined and observed.
The topic of the research has been discussed that what actually supply chain management (SCM) is, where it is utilized and what its importance in a business are, and why it is necessary to go for a research in this field. Additionally, opinions of different authors has been given that how an organisation could reduce their costs on the basis of supply chain management and why should the managers reshape or reconstruct this section of their business and what will be the benefits of those changes.
ABSTRACT: This report examines Supply Chain Management (SCM) and how it enhances the supply chains in the Retail Industry. Also the report examines how the supply chain is a link of suppliers and buyers and customers in turn becoming supplier. The report examines the problems associated with the supply chain a major one which is bullwhip effect. This study focuses on how ERP and SCM work together to help in solving supply chain problems and making the supply chain management of the retail industry efficient. The aim of this report is to explore various Information technology applications/solutions
Late accentuation on worldwide environmental change is expanding weight on automotive executives to make the right decisions in many areas to settle on the right choices in numerous zones, including R&D and assembling. Shiv industry is the automotive parts industry face challenges from the lower end competition comes from the unorganized sector and the higher end of technology competition comes from more evolved industries in the current Indian scenario. Indeed, discharge level targets, presently being referred to, undermine to change the whole structure of the car business. These difficulties hit an industry effectively tormented with high expenses, low profit margins, and accelerating competition. In the interim, numerous others are experiencing some type of rebuilding. General macroeconomic and budgetary circumstances are not so much positive, either. The expense of vitality and crude materials keeps on expanding because of rising worldwide interest. Solid vacillations in return and interest rates posture another test and are troublesome and excessive against which to support. In this dynamic business environment, a predominant supply chain is one basic component to helping automakers separate themselves from the opposition. Actually, a number of patterns in the car business are strengthening the need to reclassify supply chain techniques, designs,
Our case study is about "Supply Chain Challenges at LEAPFROG". The term supply chain conjures up images of product or supply moving from suppliers to manufacturers to distributors to retailers to customers along a chain(2). We recognize that we must have a small image about that
Supply Chain Management (SCM) is a systematic integration of suppliers, Original Equipment Manufacturer (OEM), distributors and customers in order to produce and distribute the right quantities, to the right time, and at the cheaper cost, while satisfying the entire supply chain partners (Balsubramanium & Roosebelt). In simple words, it is a process of moving goods from manufacturers to a consumer. Today successful companies, uses softwares or web based application service provider (ASPs) to provide them a better supply chain solutions. Technology has been the life and blood in all the fields since many years but in supply chain, it is playing an extraordinary role. Not only by cutting the cost, enhancing
“The best supply chains aren’t just fast and cost effective, they are also agile and adaptable and they ensure that all their companies interests stay aligned.”- Hall L Lee
Supply chain management has emerged as an important aspect in the modern business environment in light of the challenges businesses face because of rapidly changing customer expectations, inefficient product development processes, and increased cost of operations and human resources. This concept is increasingly considered as a new means of managing businesses and increasing performance and profitability. However, business enterprises must consider various aspects related to supply chain management during its implementation to gain performance and increase profitability. These elements include supply chain strategies and policies, suitable infrastructures or technologies, and logistics function.
Adoption of cloud computing technologies in supply chains: An organizational information processing theory approach, Casey G. Cegielski, L. Allison Jones‐Farmer, Yun Wu, Benjamin T. Hazen