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Aspects of supply chain management
Aspects of supply chain management
Aspects of supply chain management
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methods. This four stage model provides a chronological clarification of the recovery processes. However a fundamental consideration is that this model isn't specifically applicable to supply chain recovery and therefore not the ideal approach. A more prioritised model is by Braithwaite (2014, table 4) which discusses the stages from identification of the problem to long after the recovery measures have taken place. Even though this model is preferred it shares similar flaws. These perspectives are clearly reductionist and they severely lack depth making it hard apply to specific businesses. Christopher and Rutherford's (2004) six stigma approach (continuous improvement) can coincide with the models to ensure recovery. If a supply chain returns to its normalised condition (recovery) the disruption could reoccur however continuous improvement of the status quo it will help the chain recover permanently. All perspectives are contributory however a combination of Kumar and Havey's approach and the six stigma model provides optimal recovery. Importantly recovery is far less contributory towards supply chain resilience because of its infrequent occurrence unlike the preventative and mitigation measures. Christopher (2011) pointed out that resilient supply chains are not the most affordable however they are more competent when dealing with uncertain organisational environments; this creates a conflict of interests. The Zone of Resilience (Figure 5, Pettit et al,2010) demonstrates the conflict between capability (positively associated with firm distinction, Morash, 2001,p42) and vulnerability (makes organisations susceptible to disruptions). This model suggests equilibrium is optimal because over emphasising on capabilities erodes pr... ... middle of paper ... ...ues "disruption will have a typical profile in terms of its effect on company performance" and created a breakdown structure of disruption. The Disruption Profile (Sheffi and Rice,2005) outlines the stages and progressive effects of disruption from preparation to long term effects. These measures need to be considered to effectively buffer successive organisational disruptions which portrays it's a critical importance for resilience seeking operatives. This will better educate managers enabling them add resilience to their supply chains. (Punter, 2013, p11) categorises the effect supply chain failures caused by disruption and their frequency of occurrence. This is critical to supply chain managers because realisation of effects can help prevent future occurrences.
...r Recovery has become increasingly important and has gained momentum due to the occurrence of rapid and disastrous events worldwide. This literature review presents varied perspectives and definitions on components of the recovery process.
The recovery model is a substructure for change enclosing the need for clients to learn to deal with the results of their mental instability and to reach their ultimate level of operating, while creating new essence for their lives. The Recovery Model simply accentuates a stage model of change similar to the analytically sustained configuration. Patients in altered phases of change inclination require a variety of counteracting methods. More active and behavioral techniques may work best with patients ready to change, whereas patients lacking insight will need help in identifying their problems. A model seeks to uplift mental health services clients. To summarize the assumptions, recovery is a process putting the individual
A supply chain is a system through which organizations deliver their products and services to their customers. The network begins with the basic ingredients to start the chain of supply, which are the suppliers that supply raw materials, ingredients, and so on. From there, it will transfer the supplies to the manufacturer who builds, assembles, converts, or furnishes a product. The chain now needs to get the product to the consumer by transporting the finished product from the manufacturer through a warehouse or distribution center. An example is that Wal-Mart has a nearby distribution center where products are delivered there and then split up to be delivered to a retail Wal-Mart. “Wal-Mart will take responsibility for breaking down larger loads and delivering the product to other Wal-Mart stores” (Ehring 1).
Effective retailing technology allows companies to manage inventory by efficiently storing, shipping, and stocking items that its customers want. Inventory management is the key to a company’s success or failure, and Kmart seems to be the poster child of poor supply chain management. Since as far back as Joseph Antonini’s leadership, Kmart has had logistics issues (Young, 2002). Another recent CEO, Chuck Conaway, went so far as to admit that supply chain management was “the Achilles Heel” of Kmart (Carr & Cone, 2001). This paper will examine how investing in redundancy, having an increase velocity in sensing and responding, and by building an adaptive supply chain community could have reduced the risk that is damaging to a supply chain.
Quickly becoming apparent after only a few rounds of play was in the absence of coordinating direction the individual supply chain links immediately focused upon acting in their own best interests much more so than the organization as a whole. Whether the end use customer was satisfied became secondary to avoiding stock outages for the next link in the chain, or their specific “upstream customer”. The real world application of this example is that focus on the end use customer must be consistent and maintained throughout the process up to and including delivery. Undoubtedly internal customers, such as retailers to wholesalers and distributors to production, must be serviced along the way for the transaction to ultimately occur. However, unless an end use customer is involved no profit can be realized by anyone.
The difference between a product being a success or a failure can come down to how quickly a team can communicate and correct problems. There are strategies that can centralize a lot of supply chain decisions to maximize efficiency and minimize problems as well as down time. According to kinaxis the strategy that is taking over the industry is called supply chain control towers. What these actually do is combine technology, people, and a centralizing process to achieve a more reactive supply chain. When a problem comes apparent, a supply chain control tower will fast track the solution. The supply chain control tower will be able to use all of its assets and delegate the information to relevant personnel extremely quickly. If a company doesn’t use a supply chain control tower, the information will get out at a snail pace if it even gets there. Without a supply chain control tower, no one really knows all of the elements that are affected by a problem. Only a central supply chain control tower will know how to connect the moving parts and fast track the correction
...re replacement or substitute goods from other sources. Furthermore, Toyota does permit failures or delay in delivery that occur that are beyond the suppliers control such as floods, fires, explosions, riots, windstorms, or terrorism acts (Marksberry, 2012). However, suppliers are not exempt from the commitments if their employees participate in slow down, lockouts, or go on strike. Ultimately, the delivery requirements set out by Toyota may seem severe, the JIT inventory system requires a clear understanding and close coordination of each other’s intertwining networks. As such, based on this report, it can be concluded that the bargaining power of suppliers in the supply chain is weak. This is because due to the large number of suppliers, materials are widely accessible and therefore suppliers do not pose any great threat of forward integration (Marksberry, 2012).
Kersten, W., & Bemeleit, B. (2006). Managing risks in supply chains: How to build reliable collaboration in logistics. Berlin: Erich Schmidt.
Coyle, J., Langley, C., Gibson, B., Novack, R. and Bardi, E. (2008).Supply Chain Management: A Logistics Perspective. 8th ed. Cengage Learning, p.366.
The contemporary business environment is dynamic, ever-changing and increasingly competitive. Their is potential for success, but even more for failure. Businesses are heavily influenced by the changing organisational environment and this intern creates much uncertainty for managers and organisations. With increasing uncertainty in the external environment, the more important it is that managers engage in continual planning. (Robbins 2012 p. 32) Businesses must be flexible and evolve in accordance with their external environment.
The resilient firm designs and implements give effective actions to advance the firm, thereby increasing the profitability of its own survival. Also, employees of the resilient firm share decision making power, which leads to timely and effective response.
Supply chain management has been defined as that process that involves the management of information, materials, and all the finances that are handled within and across the entire supply chain process (Christopher, 2016). The management is usually done through out the entire supply chain management from that moment when the suppliers are involved through all the manufacturing activities, different distribution activities, and the way that the products are served to the final product consumer (Turban, et al., 2002). The process also includes all the activities that different organizations offers to their customers as after sale services for purposes perfecting their services and products towards their highly valued customers (Christopher,
Introduction Disaster Recovery Planning is the critical factor that can prevent headaches or nightmares experienced by an organization in times of disaster. Having a disaster recovery plan marks the difference between organizations that can successfully manage crises with minimal cost, effort and with maximum speed, and those organizations that cannot. By having back-up plans, not only for equipment and network recovery, but also detailed disaster recovery plans that precisely outline what steps each person involved in recovery efforts should undertake, an organization can improve their recovery time and minimize the disruption time for their normal business functions. Thus, it is essential that disaster recovery plans are carefully laid out and updated regularly. Part of the plan should include a system where regular training occurs for network engineers and managers.
During hard economic times it may be possible for a firm to switch suppliers be it from domestic to international or vice-versa for some required materials. However, this might not be desirable for all materials. Another issue that often occurs is the delay in shipment with the transportation companies. This may require that certain parts be divided into smaller batches and shipped separately, which would increase the lead time and shipping costs.
This report has clearly in detail described the meaning, benefits as well as the need and challenges of the RFID in the supply chain system. While RFID comes with a larger magnitude of benefits than the bar code, it’s an expensive medium and comes at a price that may be prohibitive to many businesses. On the one hand, RFID is advantageous in different areas of the supply chain and does not require line-of-sight scanning; it helps in labor reduction, enhances visibility of products and processes , and helps in inventory management. On the other hand, RFID is an expensive solution, lacking benchmarks or standards, suffers from some adverse deployment issues, and suffers from major privacy concerns. However with the ultimate aim to see the establishment of item-level tracking which should act to revolutionize SCM practices, RFID is here to stay.