Preview

Supply Chain Management

Satisfactory Essays
Open Document
Open Document
252 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Supply Chain Management
Supply Chain relationships and Supply Chain dynamics are topics that are closely related to each other. A discussed in Russell and Taylor (pgs. 426-427), the bullwhip effect is a prevalent dynamic in supply chain management. Methods to decrease the bullwhip effect include: increased information sharing and coordinated forecasting. As has been noted before, the clothing company Zara is a good example of a well-designed supply chain system. Zara has been able to successfully keep information flow open, keep a production rhythm and maintain high leverage of corporate assets. This success has enabled to Zara to reduce the bullwhip effect (Ferdows, 2004).
By maintaining much of its own production in-house, Zara maintains a tight supply chain relationship with increased information sharing and high levels of trust. This high level of vertical integration also provides increased control over production schedules that may well not be available when using outsourced suppliers.
Supply Chain Integration includes coordinating “various supply chain members to collaborate and work together, that is, to get “in-sync” ” (Russell 437). Using Zara as an example of effective supply chain integration, we can see how a vertically integrated company must maintain tight relationships with their supply chain both upstream and downstream. Remaining “in-sync” over the spectrum of the supply chain results in a smoother supply chain dynamic including, reduced bullwhip effect, lower costs, production efficiencies, improved efficiencies and service (Russell 438).

Ferdows, K. et al. (2004), “Rapid Fire Fulfilment”, Harvard Business Review, November, pp. 104-110
Russell. Operations Management, Seventh Edition ISV. John Wiley & Sons, 2015-01-29. VitalBook file.

You May Also Find These Documents Helpful

  • Good Essays

    Supply Chain Management

    • 324 Words
    • 2 Pages

    any loss of sales due to the promotion). Is the supply chain coordinated to achieve…

    • 324 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Supply Chain Management

    • 1645 Words
    • 7 Pages

    In the San Diego distribution center (DC) information flow example, dealers not being notified automatically of order status would be classified as which of the following information flow dimensions:…

    • 1645 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    Supply Chain Management

    • 29886 Words
    • 120 Pages

    Chapters 1/2: Introduction and Perspective ................................................................. 3 Chapter 3: Product Development Decisions................................................................. 7 Chapter 4: Procurement Decisions ............................................................................... 9 Chapter 5: Manufacturing Decisions........................................................................... 17 Chapter 6: Distribution Decisions ............................................................................... 25 Chapter 7: Transportation Decisions .......................................................................... 29 Chapter 8: Service Decisions ...................................................................................... 37 Chapter 9: Generate Demand Decisions..................................................................... 38 Chapter 10: Forecasting Decisions............................................................................. 44 Chapter 11: Information Technology Decisions ......................................................... 48 Chapter 12: Other Decisions ....................................................................................... 53 Chapter 13: Financial and Operating Reports............................................................. 55 Chapter 14: Research Studies..................................................................................... 73 Chapter 15: Performance Evaluation .......................................................................... 83 Chapter 16: Firm Management and Advice................................................................. 85 Appendix: Web-Based LINKS Access......................................................................... 87 Index…

    • 29886 Words
    • 120 Pages
    Powerful Essays
  • Good Essays

    Chapter Summary 15,17,18

    • 862 Words
    • 4 Pages

    According to the chapter supply chains are seldom static. They are constantly changing and evolving as a result of strategic changes taking place within the firm, competitive actions, changes in technology, and shifts in targeted customers or in customers’ needs. Supply chain management (SCM) is now a fact of life. Increasingly managers, researchers, and educators recognize the importance of SCM as both a strategic and tactical weapon. However, the practice of supply chain management is ever changing. Initially, the supply chain was viewed as an entity that was primarily concerned with the upstream suppliers and supplier management. By the mid 1990s, there was a change in orientation. The focus has shifted from the upstream to the entire supply chain. As we move into the middle of the first decade of the 21st century, we are seeing another shift in focus from supply chain management to strategic supply chain management. As this transition takes, there is a strong need for researchers, managers, and educators to reassess the current and future stages of supply chain management with the goal of identifying, presenting, and implementing a new…

    • 862 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Supply Chain Management

    • 7320 Words
    • 30 Pages

    A. Analyze whether a Keiretsu network, a virtual company, a vertical integration, or a different supply chain strategy should be adopted.…

    • 7320 Words
    • 30 Pages
    Good Essays
  • Good Essays

    Qinghua Zhang (2008). Analysis on the Successful Case of Efficient Supply Chain in ZARA, ISBN: 978-1-4244-2107-7, pp. 1-4…

    • 991 Words
    • 4 Pages
    Good Essays
  • Best Essays

    Kamath, S. (2008, February). Integrated supply chain management – a case study of Harley-Davidson. E-Journal, 2(1/5). Retrieved from http://www.aima-ind.org/ejournal_new/ArticleDetails.aspx?curr=146…

    • 2664 Words
    • 11 Pages
    Best Essays
  • Powerful Essays

    Supply Chain Management

    • 1599 Words
    • 7 Pages

    How does a raw material’s status as pure, weight-losing, or weight-gaining influence the facility location decision? A pure raw material is one that loses no weight in manufacturing and, because of this, the processing point can be anywhere, near the raw material source and the market. Weight-losing products lose weight during processing; the processing point should be near their source in order to avoid payment of unnecessary transportation charges. Weight-gaining products gain weight during processing; the processing point should be close to the market.…

    • 1599 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Supply Chain Management

    • 1921 Words
    • 8 Pages

    In 1990’s, Hewlett-Packard faced several problems with inventory levels for the Deskjet Printer product line. This printer was produced in Vancouver’s facility and from there was shipped to a distribution center. HP has three distribution centers (DC), in North America, Asia Pacific and Europe that at the moment were filled of Deskjet stock.…

    • 1921 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Supply Chain Management

    • 1956 Words
    • 8 Pages

    This paper identifies an existing supply chain management process within an organization. It describes the flow of materials to the organization, the organization 's function, and the customer base that organization serves. The supply chain practice will be compared with other supply chain process. An analysis will be provided based on research and cost-benefit and the recommended changes. The paper has taken a supply chain process exists in the Minneapolis based retail giant Target. Target has 1500 stores, 25 regional distribution centers and 3 import warehouses.…

    • 1956 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    The world's biggest soft-drink manufacturer has changed its century-old supply chain management structure, prompting the need for new software solutions.…

    • 299 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    The purpose of this essay is to discuss different supply chain management approaches taken by H&M, Benetton and Zara. It is first necessary to explain what a supply chain management means. Supply chain management involves planning, design, maintenance and control of the flow of materials and information along the chain in order to efficiently satisfy customer's requirements (Schroeder, 2000). Such an approach, of looking at the entire supply network helps organisations identify their competitive advantages and parts of their processes that contribute the most to the performance objectives that are of the greatest importance to the customers (Slack et al., 2007). It also helps to develop long-term strategies for the company based on the identified advantages.…

    • 2712 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    competitive or mature markets, and we have recently seen, also in economic downturns. A well-coordinated supply chain process is difficult to imitate for competitors since it becomes more difficult to compete on product level. Globalization and liberalization in the market place are important drivers for the growing competition together with the changing demand of the consumer. A shift arose from a more technology-oriented view towards a point in time where collaboration and trust become important along the partners in the supply chain. Effective management of relationships in supply chain management is a necessity in order to withstand competitive pressures and economic downturns. Therefore supply chain management is not anymore a support function in order to implement a business…

    • 3755 Words
    • 16 Pages
    Good Essays
  • Good Essays

    The first case study involved the Audi Ingolstadt production facility in Germany. The Ingolstadt factory is Audi’s largest production facility and produces roughly 850 built to order cars from its assembly lines daily. As we learned from the Marshall Fisher Harvard Business Review article “What is the right supply chain for your product,” these built to order vehicles are considered an innovative product must employ a market responsive supply chain to meet it’s demand properly. In order to optimize this sort of supply chain, the SyncroTESS system manages “the internal material…

    • 858 Words
    • 4 Pages
    Good Essays
  • Good Essays

    what is beauty

    • 561 Words
    • 3 Pages

    Beauty is a characteristic of a person, animal, place, object, or idea that provides a perceptual experience of pleasure or satisfaction. Beauty is studied as part of aesthetics, sociology, social psychology, and culture. An "ideal beauty" is an entity which is admired, or possesses features widely attributed to beauty in a particular culture, for perfection.…

    • 561 Words
    • 3 Pages
    Good Essays