3 Topics For Future Supply Chain And System Dynamics Models
Future Supply Chain
And The Collaboration Model
Submitted by
Liu Junshu
A0133724L
2014919
Future Supply Chain
And The Collaboration Model
Although supply chain management as a concept is moving into its third decade
, there is still
[1]
multitude of challenges to overcome, especially when dynamics is at the heart of many of the current challenges in managing supply chain. In my opinion, future supply chain discussions will be dominated by 3 topics: greater complexity, increased speed, and the heightened variability. Complexity will continue to increase with the ongoing growth of the virtual enerprisethe handreds of companies that work together to produce or deliver a produce or service. Increased speed will be driven by the need for shorter planning cycles, greater clock speed for technology and, in many case, ever shorter product life cycles. In addition to these, future supply chain will need to cope with grater volatility due to greater variabiliity in global economics, finacial and political.
In managing supply chain, of course the speed and strength of corrective actions plays a dominant role in system behavior over time, but often this approach produces results that are counterintuitive and unexpected and exhibit a bullwhip. These three topics, if not treated properly, will cause unexpected problems to the firms including hidden costs, quality problems and a general backlash against outsoursing more than ever before.
If the past is any guide, these topics will be addressed independently, and management guidelines, often put forth in twobytwo matrices
, will be developed for each area of concern, but
[2]
the problem is that these issues are often inextricably interwoven, and actions taken to correct a
problem in one
And The Collaboration Model
Submitted by
Liu Junshu
A0133724L
2014919
Future Supply Chain
And The Collaboration Model
Although supply chain management as a concept is moving into its third decade
, there is still
[1]
multitude of challenges to overcome, especially when dynamics is at the heart of many of the current challenges in managing supply chain. In my opinion, future supply chain discussions will be dominated by 3 topics: greater complexity, increased speed, and the heightened variability. Complexity will continue to increase with the ongoing growth of the virtual enerprisethe handreds of companies that work together to produce or deliver a produce or service. Increased speed will be driven by the need for shorter planning cycles, greater clock speed for technology and, in many case, ever shorter product life cycles. In addition to these, future supply chain will need to cope with grater volatility due to greater variabiliity in global economics, finacial and political.
In managing supply chain, of course the speed and strength of corrective actions plays a dominant role in system behavior over time, but often this approach produces results that are counterintuitive and unexpected and exhibit a bullwhip. These three topics, if not treated properly, will cause unexpected problems to the firms including hidden costs, quality problems and a general backlash against outsoursing more than ever before.
If the past is any guide, these topics will be addressed independently, and management guidelines, often put forth in twobytwo matrices
, will be developed for each area of concern, but
[2]
the problem is that these issues are often inextricably interwoven, and actions taken to correct a
problem in one