StudentShare solutions
Triangle menu

Supply Chain (summary and suggestions) - Essay Example

Free

Extract of sample
Supply Chain (summary and suggestions)

As the service industry grows, the need for more efficient service supply chains will also rise. The article offers a comprehensive insight into how the importance of services supply chain and how services supply chain by practitioners is incumbent for improvement cost control and minimizing value leakage. It plays a huge role in extracting margins from these companies. The article also offers recommendations for the services supply chain. It explains how attention is needed to be given to the services supply chains by employing various measures such as-educating and training future practitioners and conducting research. It offers information pertaining to best practices and trends when managing services supply chain and how implementation of these best practices and trends will give the firms their competitive advantage. The author focuses a lot of management in the article. He claims that improving the overall management of the services may mark the next major forte of cost reduction and value enhancement for organizations. Article 2: Summary: The article focuses more on some successful SCM strategies each of which result in varying parameters of organizational performance. It asserts the fact repeatedly that every service industry has to be dealt separately and should use SCM practices which are specific to that company. It points out the impact of different strategies of SCM on different levels of organizational performance. The article also does an empirical analysis on the status

Related Essays

Strategic supply chain & logistics management
Its closest rival, Hennes and Mauritz, has a different strategy, quite opposite to the strategies of Zara. Zara is more liquid than H&M. Because of this, Zara’s lead in the sector is quite unmatched. Among its strategic innovations, Zara has used technology in its processes.
8 pages (2000 words) Essay
Understanding and Managing the Services Supply Chain
The article throws insight into services supply chains. Service business can find themselves at an advantage by applying efficient manufacturing practices in their processes. The article puts into perspective the importance of creating supply management chain tools for specific service industry.
3 pages (750 words) Essay
Position summary letter(supply chain major)
The second is a project manager at HighJump software solutions that provides services to ensure efficiency and minimize operational costs. The two positions are different, but both would provide a challenging yet fulfilling career. For both positions I would need strong networking, communication, and analytical skills, which will be used differently to achieve organizations’ objectives .
3 pages (750 words) Essay
Improving the Supply Chain Management of Actavis through implementation of an integral ERP System
These ERP systems have to perform multidisciplinary tasks and for a supply chain management system, these must be performed at the real-time basis. For a supply chain management, the jobs these systems has to perform are enormous, tracking the product information, inventory control, design production, optimizing cost , supply management , billing and tracking customers for payment or credit, ebilling and product forecasting are some of the key areas.
10 pages (2500 words) Essay
Supply chain
Establishing standards for supply chain management (SCM) has some specifically-stated goals in the article; streamlining interaction throughout the elements of the supply chain, increasing transaction speed, reducing inventory as well as delays, all with
4 pages (1000 words) Essay
Supply Chain Management Performance Measures as a competitive advantage for Qatari Organization
The data are collected by way of questionnaire method and the sample size for the study was 100. The research design is descriptive in
18 pages (4500 words) Essay
Supply chain management - Bose Corporation case study
Thus, the organization has a detailed system for supply performance that is specifically developed to measure the quality of performance, punctuality of delivery, supplier suggestions and technical improvements. In
3 pages (750 words) Essay
Supply Chain
This approach can be further defined as designing, execution, planning, monitoring and controlling of various supply chain activities. The major objective of international supply chain management is to create value, develop a competitive structure, leveraging logistics across the globe, bringing forth synchronization between demand and supply, and measuring the overall performance globally.
4 pages (1000 words) Essay
Summary of Don't tweak your supply chain
uthor of the article claims that organizations can attain sustainability and become socially responsible at the same time and their profits would not be minimized due to these actions. The author states that the organizations should not only work in order to make betterments to
1 pages (250 words) Essay
Supply Chain
These changes can increase profitability and improve stakeholder value for the company. A warehouse manager should use both quantitative and qualitative analysis to determine the perfect supply chain design (Watson et al. 2012). An organization’s supply chain design
3 pages (750 words) Essay
of eight SCM strategies and their impact on operational and financial performance. The results of the study imply that there are some differences in the degree to which these strategies could be applied across the board in different sectors and each has a different impact on the expected performance. Last but not the least it goes into the crux of the matter- how are manufacturing and service chains different? How do they help companies undertake informed decisions regarding the strategy that they should pursue in order to bring results home? Supply chain management means there are different levels of integration with a company’s suppliers and distributors. Relative importance and prevalence of some SCM strategies within a company is not just affected by its own strategy but also by its supply chain partners. The article talks about how key supply chain partners affect the organizational performance. However, more research needs to be done in this area. The current literature on the topic is too generic and would definitely have to be elaborated further by more research and introspection. Suggestions and Recommendations: Based on its results, the article offers very lucrative suggestions for supply chain management. For better results in supply chain it is important to give more information leads to the supply chain partners. Companies should not hesitate from doing this. Information sharing is one of the most fundamental pillars of supply chain management. Thus service companies should share information and the greater the collaboration and transparency, the more the operational performance will improve. More-over it will not disrupt the flow of goods in the supply chain network. Secondly, a bigger strategic importance of the distribution network has a more positive impact on the performance. This is possible as a lot of service companies are geographically dispersed. Therefore it would be better if facility location, distribution and transportations modes would improve

Summary

Article 1: Summary: Services are very important part of the corporate world. Over the years, they have grown into a strong conglomerate for income, as a result of which the economy is no longer dependent on just the manufacturing sector. It is important for services supply chain to be efficient…
Author : fhudson
Supply Chain (summary and suggestions) essay example
Read Text Preview
Comments (0)
Rate this paper:
Thank you! Your comment has been sent and will be posted after moderation