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Strategic Supply Chain Management

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Strategic Supply Chain Management
Abstract

This paper identifies a detailed comparison of best practices in supply chain strategies, with a focus on demand forecasting and collaborating information. Supply chain management is an area of importance. This paper is based on a survey of a large number of publications on supply chain management (books, conference papers and journal articles) for context and an industry expert interview. This literature review analyses the case study of a Taiwanese semi-conductor company, Tekcon to show its best practice supply chain strategy. The key objective is to develop a solid theoretical. The opinion is based upon which existing, and prospective business applications can be assessed in the context of logistics and supply chain decision making at different levels. Topics covered in this literature review include supply chain structure, operating models, distribution processes, supply chain strategy and business strategy linkage and future supply chain improvement initiatives. In addition, collaboration between supply chain and its partners, role of information technology, facilitating competitive advantage through the supply chain, operational efficiency issues and ability to customize processes to suit demand profiles are thoroughly discussed. This paper will analyze the existing best practices of Tekcon with respect to a literature review of supply chain best practice and all the above areas.

Keywords: Supply chain, Best practice, Tekcon

Comparison of Best Practices Supply Chain Strategy

What makes a supply chain organization best in class? What is a supply chain best practice? The answers may vary from company to company. However, many leading companies seem to share certain philosophies, processes and methods which made their organizations best-in-class. Karen Butner, global supply chain management leader for the IBM Institute for Business Value boils it all down to one common factor: “Top supply chains all have the ability to respond



References: Arntzen, B.C., Brown, G.G., Harrison, T.P. &Trafton, L.L. (1995).Global supply chain management at digital equipment corporation Blanchard, D. (2010). Supply Chain Management Best Practices (2nd Ed.) (pp. 10). US: Wiley Canel, C., & Das, S algorithm and application. International Journal of Production Research, 35, 1891–1910.Doi: 10.1080/002075497194976 Chan, F.T.S., Qi, H.J., Chan, H.K., Lau, H.C.W Christopher, M. (2011).Logistics & Supply Chain Management (4th ed.). Dorchester, UK: Prentice Hall. Cox, A. W. (1997). Business Success a Way of Thinking About Strategy, Critical Supply Chain Assets and Operational Best Practice, Earlsgate, Boston, Lincolnshire. Crum, C., &Palmatier, G. E. (2004). Demand Collaboration: What 's Holding Us Back? Supply Chain Management Review, 8(1), 54-60. Damien Power (2005). Supply chain management integration and implementation: a literature review Ellram, L. M., La Londe, B. J.& Weber, M. M. (1999). Retail Logistics.International Journal of Physical Distribution & Logistics Management, 29(7/8), 477-494.Doi: 10.1108/09600039910291993 Forrester, J. (1961), Industrial Dynamics, New York, NY: Wiley & Sons. Gilmore, D. (2007). What is Supply Chain Management Best Practice?Supply Chain Digest. Handfield, R. B and Nichols, E. L. (1999).Introduction to Supply Chain Management. US: Prentice Hall Heckert, J. B. and Miner, R. B. (1940). Distribution Costs, The Ronald Press Company, NY Hines, P Lambert, D. and Pohlen, T. (2001). Supply chain metrics.International Journal of Logistics Management, 12 (1), 1-19.Doi: 10.1108/09574090110806190 Lamming, R. C. (1993), Beyond Partnership: Strategies For Innovation And Lean Supply, Prentice-Hall, Hemel Hempstead. Lewis, H. T. (1956). The Role of Air Freight In Physical Distribution, Harvard University, Boston, Graduate School of Business Administration, Division of Research. Meixell, M. J. and Gargeya. V. B. (2005). Global supply chain design: A literature review and critique, Logistics and Transportation Review, 41(6), 531–550 Sako, M. (1992), Prices, Quality And Trust: Interfirm Relations In Britain And Japan, Cambridge University Press, Cambridge. Supply Chain Council (2003). Supply-Chain Operations Reference Model, version 6.0. Retrieved fromhttp://www.supply-chain.org

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