StudentShare solutions
Triangle menu

Supply chain - Essay Example

Nobody downloaded yet
The concept of standardization applies to multiple industries, and the cost savings can be significant; estimates by governmental leaders and industry analysts project that the auto manufacturing industry alone could save as much as $1 Billion annually (6). With a focus upon cost savings, there are several ways in which standardization assists a company or industry in improving its SCM processes to achieve the desired end. These include the enhancement of SCM planning, the enabling of SCM transparency, as well as the increase of cooperation and efficiency between the components.
In terms of planning, the process of standardizing practices across the entirety of the supply chain requires management to consider each element in the system and how those elements interact. To standardize a process means that each component is reviewed with an eye toward streamlining the interactions so that the ultimate process works better; a concept that applies to virtually any supply chain. For example, in the healthcare industry, one author notes that considering all the criteria which directly link to “product selection, product use, product disposal, and environmental and community health impacts” should be incorporated into the SCM so that a “holistic perspective” is maintained (Eagan, Kaiser, and Shaner 207). It makes sense that a non-compartmentalized view of the supply chain would contribute to efficiency in planning, resulting in cost savings. Accordingly, the first improvement standardization brings to SCM is that of forcing management to understand the entire process so that it all works together in an organized fashion.
Another improvement gained through standardization is found in the principle of transparency. Published and recognized standards allow each component within the chain to understand the processes of the other elements and work in cooperation with them. As discussed in other research, the linear ...Show more


Based upon the assigned article on federal funding of supply chain integration standards, the scope of this paper is to perform some limited research on the principles of supply chain standardization and answer the question posed.
How will setting supply chain standards improve…
Author : palmapredovic
Supply chain
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Supply chain"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Supply Chain
Dell directly sells to all its customers, regardless of a home-PC to world’s largest corporations. The direct relationship with individual customer creates a great source of competitive advantage for Dell. Amazon was set up in 1994 by Jeff Bezos and since its establishment has grown to become one of global leaders in online business to consumer retail business.
8 pages (2000 words) Essay
Supply Chain Management. Green Supply Chain
Stock maintenance should be ensured through material flows. Zara, a Spanish clothing outlet, follows automated routing systems for transporting electronically tagged clothes to correct loading bays in its logistics locations. This electronic procedure assists in minimising shrinkage levels with 98.9% accuracy in distribution.
8 pages (2000 words) Essay
Supply Chain
To achieve this balance, it is important to have a synergistic supply chain that will provide sustainable dominant competitive advantage to the company. This report will discuss the various aspects of the power tool company's supply chain on how it can best ensure its optimum performance that would enable the organization to realize its business objectives.
21 pages (5250 words) Essay
Supply chain
The concept of standardization applies to multiple industries, and the cost savings can be significant; estimates by governmental leaders and industry analysts project that the auto manufacturing industry alone could save as much as $1 Billion annually (6).
4 pages (1000 words) Essay
Supply Chain
Supply chain is the umbrella term to describe all that flow. The importance of supply chain can never be ignored in any of the business, regardless of its nature of operations. As it is the supply
4 pages (1000 words) Essay
Supply chain
As such, this paper is going to discuss the benefits as well as risks that are likely to be experienced by a company that has decided to outsource its operations. Wang, C & Regan, AC
2 pages (500 words) Essay
Supply Chain Management. Green Supply Chain
Organisations believe that a green supply chain can also improve their competitive advantage. Examples and illustrations are applied in the assignment to
8 pages (2000 words) Essay
Supply chain
To cut down on unnecessary costs, Tata Motors should keep its inventory level low. Established back in 1945, Tata Motors is currently one of India’s biggest automobile company and the fifth biggest truck
6 pages (1500 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
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
Comments (0)
Click to create a comment
Let us find you another Essay on topic Supply chain for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
Join us:
Contact Us