I) Question 1:
Summary:
This case indicates that WoodSynergy Inc. is a midsize corporation in the fine woods supplier business, and the enterprise had lately launched Information technology based supply chain management schemes and was concerned in evaluating the development. They realized that efficiency can be improved by integrating information technology into their systems. They were capable of figuring out the importance of having information which is aligned with their business data. Enhanced data sharing would allow the company to meet order demand and deliver on time with the highest quality.
The Chief information officer of the company explained to the Chief executive officer that instantaneous gains can be grasped by integrating IT into the Supply Chain System of the enterprise. He also reported three types of meditation implementation strategies that he found helpful: disintermediation, network, and remediation which he found to be the best strategy since it simplifies data through SCM and meets the firm’s goal. The project team dedicated some time to research the brands of technologies offered in the market and to comprehend how organizations used web-based gateways. The organizations under study were the ones that had the facility to transfer chain performance into productivity and realized that SCM leadership required an ability to react to demand changes with inventive goods and services.
The team apprehended that the optimal model for managing supply chain performance was the
Supply Chain Operations Reference model (SCOR). It included descriptions five management processes: plan, source, make, deliver and return and characterized the practices and metrics that resembled the "best-in-class" performance. The model was used to identify vital opportunities since it documented connections between supply chain process elements, metrics, and best practices. The team built a gateway prototype