Preview

Supply Chain Management

Better Essays
Open Document
Open Document
1316 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Supply Chain Management
Case #2: The Supply Chain Management of Samsung Electronics

Introduction
Samsung Electronics is a global leading company in the electronics industry. It applies and organizes its supply chain activities to create resilience toward highly volatile market and generate competitive advantages against its peers.
The Supply Chain Management of Samsung includes the sequence of its organizations’ facilities, functions and activities that are involved in producing and delivering product or service. Their design of supply chain management is central to the organization as it promotes the company’s effectiveness and efficiency in the future. There have been some significant challenges in this highly competitive company in its supply chain management.

Facilities of Samsung’s Supply Chain Management:
Warehouses
Factories
Processing centers
Distribution centers
Retail outlets
Offices
google.com

The role of Supply Chain Management in Samsung Electronics is very important for the company’s production and manufacturing processes.
It improves the overall operations of the company
It increases the levels of outsourcing
It increases transportation costs
The presence of Competitive pressures
It increases globalization
It increases the importance of e-commerce
Helps simplify the complexity of supply chains
It manages inventories of the company

Objectives of the Study
With the complexity of the role of supply chains in organizations, it is best to determine what type of strategies must be implemented to maximize the full capacity of Samsung Electronics operations and to minimize costs. The following are the main aims and objectives of this case study.
To determine the best supply chain strategies in accommodating a demand-driven market
To be able to address the uncertainties in Samsung’s market

Problem
Choosing the right Supply Chain Strategy to address uncertainty

Samsung’s take on its Supply Chain Management
“To mis-quote a famous phrase,



References: Rosyada, Kurnia Sofia. "Creating Competitive Advantages through Resilient Supply Chain – Case Study: Samsung Electronics." Creating Competitive Advantages through Resilient Supply Chain – Case Study: Samsung Electronics1 (2013): n. pag. Slide Share. Web. 15 July 2013.

You May Also Find These Documents Helpful

  • Good Essays

    Module 5 Problems Mrnak

    • 742 Words
    • 2 Pages

    Simchi-Levi, D., Kaminsky, P., & Simchi-Levi, E. (2008). Designing and Managing the Supply Chain Concepts, Strategies, and Case Studies; 3rd ed. Boston: McGraw-Hill Irwin.…

    • 742 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    In order to remain competitive, a company must offer superior quality goods or services at the lowest prices possible. Supply chain enables a company to reduce the cost while increasing the efficiency. However, there are risks that are associated with such benefits. These issues should be properly addressed when a company is trying to rely heavily on supply chain management in order to stay competitive within its industry.…

    • 466 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Res 320

    • 926 Words
    • 3 Pages

    In today’s global market that is changing rapidly companies need to keep up with demand and market strategies to stay competitive. Businesses need to develop a process that allows them to operate at lower costs, and develop its own identity to distinguish it from other competitors. Supply Chain Management (SCM) has become an intricate part of the company operations allowing them to rethink how to reorganize their operation so they can focus on the core competencies of the company. SCM focus is to improve the way a company uses its resources such as raw materials and how it is delivered to its customers. Any product offered by a company, there are normally a number of business partners involved in the supply chain, including the manufacturers, wholesalers, distributors and retailers and the most important partner in this…

    • 926 Words
    • 3 Pages
    Good Essays
  • Good Essays

    There is no use denying the fact that the modern age could be characterized by the blistering development of small and large businesses. Having realized the advantages and possibilities of the market driven economy, great number of people decided to start their own business in order to develop their company and becomes successful. It is obvious, that the process of management of a certain business is a very complicated job which demands a great number of various skills from the owner. Thus, one of the first and most important tasks which a manager should accomplish is to align the efficient supply chain in order to provide good products. Besides, one should also remember the fact that "effective supply chain management has become a potential…

    • 580 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Operations Management

    • 2215 Words
    • 9 Pages

    Supply chain management is the coordination of the processes and functions within a business, adopted by most companies in the UK in the late 1990’s. It deals with the internal and external factors that, when dealt with correctly and systematically, can determine a businesses success or failure. A supply chain is the network of activities that delivers a finished product service to the customer. By definition, supply chain management (SCM) is “the management of the flows of materials from suppliers to customers in order to reduce overall cost and increase responsiveness to the customers” (Reid & Sanders). SCM entails the co-ordination of the movement of good through the supply chain from suppliers to manufacturers to distributors to the final customer. The main aim of SCM is to maximise the efficiency of any given process being carried out by a company; by doing this it is allowing them to try to cut their costs and hopefully keep satisfying their customers’ needs, while at the same time maintaining their competitive position within their market. Supply chain management is seen as more of an “open system” in contrast to the traditional system used by the majority of companies just 20 years ago. The new “open system” allows room for change which is greatly needed with the current financial instability of the economy.…

    • 2215 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    SOMO Mobile Connections (2008). Supply Chain Policies of the Major Brand Companies. Supply Chain Responsibility of 5 Mobile Phone Companies, pg. 4…

    • 2832 Words
    • 12 Pages
    Powerful Essays
  • Better Essays

    Supply change management (SCM) is active in many organizations today. The purpose of SCM is to maximize the company value in order maintain a competitive advantage in the market place. As an Operational Managers (OM) it is essential to oversee the supply chain within an organization. The OM responsibility is to manage the supply chain flow, and to ensure the supply chain has a quality design in order to reduce cost and drive efficiency. (Reid & Sanders, 2010) An organization supply chain includes activities such as product development, sourcing, productions, logistics, material, and other information systems needed to coordinate the movement of goods from suppliers to manufactures, and to final customers. (Handfield, 2011) The CEO of Durham International Manufacturing Company believes that the company can significantly increase its operating profit by implementing supply change management. An analysis will discuss DIMCO current supply chain, suggests the advantages of implementing a new supply chain system, recommend a strategy for external suppliers and distributors, and analyze the consequences of all recommendations by identifying who can be affected and how.…

    • 1377 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Meeting customers ' expectations and appealing to their needs and wants is the highest organizational objective for an ideal company. Where the aim is maximizing profits, management of supply is integral. Companies that maintain a robust supply configuration with minimal increase of cost to the customers are bound to be the most successful. In researching for this paper I found one company whose supply chain management struck me as being the most comprehensive and most efficient; that company is Dell Computer. Although its supply chain management is impressive, still there is room for improvement. This paper will present the situation analysis of Dell and will discuss the major issues and problems that Dell has been able to tackle or is yet to conquer in order to achieve its objectives. Where appropriate solutions for the major challenges…

    • 3431 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    Zara Case Study

    • 627 Words
    • 2 Pages

    Through analyzing this case, it obviously demonstrated that it has own successful supply chain. It shows on five performance objectives which refer to speed, quality, flexibility, dependability, costs.…

    • 627 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Over the last decade, many companies faced extreme supply chain challenges that stretched their capabilities to the breaking point. Both the preponderance of natural disasters and huge economic swings caused extreme challenges across the supply chain. These challenges have not diminished. Supply chains, which once functioned almost on autopilot, face many dangers today in both the global and the domestic market.…

    • 2743 Words
    • 10 Pages
    Powerful Essays
  • Better Essays

    Coca Cola Evaluation

    • 2596 Words
    • 11 Pages

    Matchette, J.B. and von Lewinski, H. (2005). Is Your Supply Chain Ready to Enable Profitable Growth and High Performance? Accenture, pp 1-12.…

    • 2596 Words
    • 11 Pages
    Better Essays
  • Satisfactory Essays

    Aligning The Supply chain Strategies With Product Uncertainties Introduction • Why Should We Align Supply Chain Strategy? • Supply Chain Strategies in the Information Era • Setting Up a Right Supply Chain Strategy to Match Product Uncertainty • Categorized products into two: Functional Product and Innovative Product. Two Types Of Risk • Demand Uncertainty • Based on Product attributes: Functional and Innovative. • Supply Uncertainty.…

    • 383 Words
    • 4 Pages
    Satisfactory Essays
  • Best Essays

    Zara Case Study

    • 2335 Words
    • 7 Pages

    Additionally, computer hardware brand Dell and Australia’s leading retail chain Myer have also been studied in order to understand their supply chain transformation journey. Zara’s Supply chain strategy has been compared to that of Dell and Myer. Dell adopted just in time inventory model in order to keep up with the changing customer demands and has seen success with this strategy. Myer too adopted lean transportation and distribution processes post acquisition in order to sustain its business and grow. Lastly, Zara’s strategy and a Fortune 500 Company’s supply chain strategy have been discussed. The Fortune 500 Company chosen is the global fast food chain McDonalds as its SCM is a huge success story and classic case worth researching on. The latter part of the research paper provides post analysis conclusions and recommendations for companies to relook at restructure their end to end supply chain processes.…

    • 2335 Words
    • 7 Pages
    Best Essays
  • Powerful Essays

    How can we explain how important supply chain management is in the business industry? Many business go through the process of supply chain such as Public v Private Primary, Secondary, Tertiary sectors, Financial, Retailing, Manufacturing, Wholesale trades, Construction, Mining Quarrying/Farming, Services and Transport. Our lives moves and grows through supply chain management its part of a system in receiving our products, everyday goods, Raw materials, Packaging materials, Semi - finished goods, Finished goods , Machines & spares, Services and Office Equipment. It can be defined as a process of arranging, preparing, applying and taking efficient control, by storing goods or services and taking information from the original point to the point of its development or consumption for the intention of conforming to customer’s orders and requirements. It involves coordination of all sectors involved in delivering the arrangement of inputs, outputs or outcomes that will meet a specification of customer or buyers requirement.…

    • 1413 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    INTRODUCTION Corporations are seeking to accomplish the best possible performance from their supply chains through many different means such as outsourcing, off-shoring, replenishment and information sharing systems (Selldin and Olhager, 2007). Never before in history has so much technology and cognitive capacity been used to improve the performance of a corporations’ supply chains. Nevertheless, before any such concrete measures and actions can be taken, the design of the basic supply chain has to be scrutinized. The…

    • 6795 Words
    • 28 Pages
    Good Essays