Cooper et al (1997) mentioned that practitioners and educators have variously addressed the concept of supply chain management as an extension of logistics, or as an all-encompassing approach to business integration. BCAM is headed by James Irvine, Managing Director holding 40% of the shares while Tom Irvine is the Production Director with 25% shares in the company. The company was established 100 years ago by the Irvine family which came into existence during mass industrialization of UK agricultural sector manufacturing tractors and wide range of associated agricultural equipments like harvesters, balers, mowers and sprayers. Over these years, BCAM was able to build good reputation in the market but lacked innovation and neglected both product and market development failing which the company was not able to react to the demand and had to face stiff competition, mainly from Europe, USA and Far East. As supply chain management and procurement logistics are important in efficient, smooth and continuous functioning of the company, this paper critically analyses the supply chain management process of British Consolidated Agricultural Machinery (BCAM), its consequences on the operation and management of the company and evaluating different approaches of supply chain management to benefit the company in terms of improved procurement and supply chain management. ...Show more
Procurement Logistic and Supply Chain Management: British Consolidated Agricultural Machinery (BCAM) Introduction Traditional purchasing and logistics functions have evolved into a broader strategic approach to materials and distribution management known as supply chain management (Tan, 2001)…
It has a big reputation. However, there are some issues which company should consider in order to deal with competitive position in the market. Company has its plants and headquarters in three different states and all of these manufacture identical products.
If the system is in efficient, it will mean poor services to the final consumer. Within the supply chain management is also the information system (Gitman, & McDaniel, 2000). The flow of information regarding the products and services is also an important factor to consider.
totals to three thousand, three hundred and ten ?. When the logic is still not clear or understandable, a timeline can be drawn for better understanding (Leeman, 2010, 34). The first payment comes at the end of the first year and gets an interest for 2 years (one thousand, two hundred and ten ?
Based on the supply chain framework the necessity of examining and evaluating the competencies of the supply chain partners and forming a strategic alliance with them for attaining a sustainable competitive advantage is explained in the paper. The necessity for change in the organisational culture for bringing out the effectiveness of the supply chain management is also discussed.
This is followed by literature review present on the topic of supply chain management and how a good supply chain should be a strategic fit with the operational strategy of the company. The document then goes on to analyse the H&M case study and the Benetton Case study in detail.
The report centers round the concept of order entry point and its logical interaction with supply chain being the important functional activity in any organization. Case studies enlightening the excellence and achievements in various fields of management are also included to make the report more interesting to the reader.
Driven by the relentless demands of competition, global companies have turned to increasingly sophisticated technology solutions to help manage their supply chain and logistics operations. Supply chain and logistics management critically links their suppliers, distributors, manufacturers, and customers.