Supply Chain Management
Supply Chain Management
Arun Biswal*
Abstract:
Supply Chain Management (SCM) is backbone of any organizations. It is the combination of art and science that goes into improving the way a company finds the raw components it needs to make a product or service and deliver it to customers. Supply chains are difficult to put together but once they are in place, it looks just right. The depth of supply chain increases as organizations explore various dimensions of business. There are many options available for companies to integrate supply chain as a competitive weapon which has emerged as a strategic business tool for deriving competitive advantage at the global business environment supply chain and is finally finding place as a strategic imperative for an organization. A supply chain manager should use the changes that occur in economic trends as opportunities. Most resources used in the process of delivering a product or services add value but some do not. Such resources should be eliminated. The purpose of this paper is to promote an understanding of SCM, Impact of Globalization on SCM, Challenges and Scope and Implementation of ERP at Retail SCM with brief review of its major benefits and implementation at Reliance Retail.
Key words: Supply Chain Management; Globalization; SCM Retail.
*=Students of Institute Of Management and Computer Studies (IMCOST), Masters of Management Studies.
1. Introduction
Supply chain management (SCM) is the combination of art and science that goes into improving the way your company finds the raw components it needs to make a product or service and deliver it to customers
The concept of supply chain management is of great use as it enables you see how you can manage the supply chain to optimize revenues, cash flow, and customer satisfaction. Companies need better SCM for reducing costs, improving their cash flow, and making sure materials and products are in stock when needed to meet customer demand. Whether it is a big
Arun Biswal*
Abstract:
Supply Chain Management (SCM) is backbone of any organizations. It is the combination of art and science that goes into improving the way a company finds the raw components it needs to make a product or service and deliver it to customers. Supply chains are difficult to put together but once they are in place, it looks just right. The depth of supply chain increases as organizations explore various dimensions of business. There are many options available for companies to integrate supply chain as a competitive weapon which has emerged as a strategic business tool for deriving competitive advantage at the global business environment supply chain and is finally finding place as a strategic imperative for an organization. A supply chain manager should use the changes that occur in economic trends as opportunities. Most resources used in the process of delivering a product or services add value but some do not. Such resources should be eliminated. The purpose of this paper is to promote an understanding of SCM, Impact of Globalization on SCM, Challenges and Scope and Implementation of ERP at Retail SCM with brief review of its major benefits and implementation at Reliance Retail.
Key words: Supply Chain Management; Globalization; SCM Retail.
*=Students of Institute Of Management and Computer Studies (IMCOST), Masters of Management Studies.
1. Introduction
Supply chain management (SCM) is the combination of art and science that goes into improving the way your company finds the raw components it needs to make a product or service and deliver it to customers
The concept of supply chain management is of great use as it enables you see how you can manage the supply chain to optimize revenues, cash flow, and customer satisfaction. Companies need better SCM for reducing costs, improving their cash flow, and making sure materials and products are in stock when needed to meet customer demand. Whether it is a big
References: [1] BMA review July 2005 Edition. [2] Economic Times, dated 15th September 2008. [3] http://www.scmr.com/article/CA85616.html [4] http://www.infosys.com/supply-chain/white-papers/default.asp#