StudentShare solutions
Triangle menu

Supply Chain Operations Reference - Essay Example

Nobody downloaded yet

Extract of sample
Supply Chain Operations Reference

The reforms have occurred due to the amplified market competition to deliver better value to their customers. A new system had definitely succeeded in delivering higher values to the clients - thanks to Supply Chain Management.
Supply Chain Management or SCM is a blend of art combined with technology which works to improve the business ways, functions, processes that are a part of a product formation and its delivery. Supply Chain Management is clearly defined as "A combination of various processes that start from the initial phase of the product till the finished consumption of the same product by the consumer. It is a process which involves the planning, implementation of these plans, and controlling of the product manufacture with the intention of providing complete satisfaction to the customer." (Kim, 2006). The basic activities that are encompassed within a supply chain are resource collection, procurement, warehousing, transport management activities, co-ordination with partners, suppliers and most importantly - the customers. The fundamental nature of Supply Chain Management combines the complete supply and demand management related to a product.

However, like every other discovered technology that fades away with time and gets replaced by a new one, supply chain management, has also lost the interest of the organizations. The practice of managing the supply chain has been employed by companies around the globe, which engage in critical activities. Furthermore, the intensifying international financial system and the world-wide set up of e-commerce also whetted the intended importance of supply chain management and have distorted the old techniques so that they obtain benefit by promoting the supply chain approach and planning, as an aggressive tool. By incorporating supply chains with customer affiliation plans and an effectual financial organization, it has turned out to be far easier for any company to stay in positive control of its business actions and produce the results that are intended for (Chopra and Maendil, 1999). Though, as per the study conducted, there has been a noteworthy documentation on the subject of the optimal output that could have been achieved as compared to what the companies are getting at present.

Most of the companies are now not able to check the real time data involved with a supply chain disruptions, and irregularities. The executives are not able to identify the scope of unfavorable actions, and as a result they are forced into intricate and hasty situations. These effects can bring about disaster for a company existing in the present competitive world, by escalating their manufacturing and delivery operating costs, increasing inventory and delaying their products into the market. At the same time the lack of well-timed data also thwarts the organizations from making use of opportunities.

The entry of SCOR into the scene has offered a number of methods to companies in order to gain more competitive advantage. Quick response theory, better communication between trading partners, mutual scheduling, forecasting, and replacement are the initial levels of Supply chain synchronization, (Choudhary, & Tiwari, 2006). Also, SCOR ...Show more


The SCOR model offers a cross functional framework that centers on process definition and enhancement. SCOR can abridge the complications of the supply chain and allows for supply chain representation in a very simple manner. It also combines the conception of metrics, benchmarking, process improvement and finest practices into a single approach that can be employed to appraise a supply chain, and other objective areas for improvement…
Author : laurence92
Supply Chain Operations Reference essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Supply Chain Operations Reference"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Operations And Supply Chain Management
Therefore, the hypermarket is one superstore that can come under the definition when the departmental store and supermarket comes under one roof as amalgamation with each other (Dunne & Lusch, 2007). With the hypermarkets, the customers get an opportunity to satisfy their daily basis and routine shopping needs in a solitary trip.
6 pages (1500 words) Essay
Supply chain management
This happened mainly due to the intense competition to improve the quality and value of service to the Customer, (Stalk and Hout, 1990). Supply Chain Management had a critical role to play in this value enhancement effort, (Ganeshan, and Harrison, 2002). The creation of a Product and its delivery to the consumer involves the art and technology of Supply Chain Management (SCM) working to streamline the operational functions and styles of doing work, (Chopra and Maendil, 1999).
6 pages (1500 words) Essay
European Union was formed to promote peace, democracy, the rule of law, equality, and the values of human rights and the well-being of people and was awarded Nobel Prize for peace in 2012. In the beginning 6 countries – Belgium, Germany, France, Italy, Luxembourg and Netherlands – founded the European Coal and Steel Community (ECSC) in 1951, followed by the European Economic Community and the European Atomic Energy Community in 1957.
4 pages (1000 words) Essay
Supply Chain and Operations Management
These are organizations which are collectively referred to as supply chain (Halley and Beaulieu, 2009). The second concept explains that even though supply chains have existed for a long time, most organizations have only paid attention to the happenings within their four walls.
8 pages (2000 words) Essay
Supply Chain Operations Management Assignment
Such economies arise on account of no rise in fixed costs and production increases by a rise in the variable cost alone (The Economist, 2008). Vertical integration can be referred to as the level of ownership a firm associates with the downstream buyers and upstream suppliers.
14 pages (3500 words) Essay
Operations management: supply chain issues
It has to guarantee that its suppliers are competent, both in price and in the liberation of mechanism to its logistics providers. It has to make sure that its logistics providers are proficient to preserve the exact level of openness at a spirited cost. It has to guarantee that its foodstuffs are capably accepted on to its straight clientele and then on through the straight stages until it reaches the end user clientele.
7 pages (1750 words) Essay
Managing Operations and the Supply Chain
Such a criticality is even more applicable in the case of Tower Records performing e-business strategies, i.e. involved in e-supply chains that are a supply chain in that actors are associated by Internet technologies and/or EDI in a network to purchase, sell, and dispense products or services and to transfer cash flows.
6 pages (1500 words) Essay
Supply chain strategy
Today, with increased competition the companies cannot be complacent on its core competencies and should strive to use the available resources optimally. With emphasis upon the proper use of resources, companies are
8 pages (2000 words) Essay
Operations and Supply Chain Management: Tesla Motors
The author describes the concept of supply chain management. It was developed during 1950’s but in the last 20 years actual proliferation of the concept being done by academicians and scholars. Lambert and Frohlich and Westbrook pointed out that complexities of supply chain management differs in accordance with difference in business requirements.
8 pages (2000 words) Essay
Supply Chain/ Operations Management of AEV (American Emergency Vehicles)
It is important to note that the preparation for an effective response plan is usually involving especially where the vehicles are concerned; these vehicles have to be in
3 pages (750 words) Essay
Hire a pro to write
a paper under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
Comments (0)
Click to create a comment
Let us find you another Essay on topic Supply Chain Operations Reference for FREE!
Contact us:
Contact Us Now
  • About StudentShare

  • Testimonials

  • FAQ

  • Blog

  • Free Essays
  • New Essays
  • Essays

  • The Newest Essay Topics
Join us:
Contact Us