Relationship Between Knowledge Management And Supply Chain Performance

Decent Essays
SUMMARY / KEY POINTS
The article talks about the relationship between the knowledge management (KM) process and the supply chain performance.
Moderators that were considered for the empirical study are - information technology/information system (IT/IS) support, supply chain integration, and supply chain strategy. There is a positive moderation of the IT/IS support for the KM process on the supply chain performance. To scale up operations the IT/IS investments seem unavoidable. It helps improved collaboration between the partners.
The relationship between the KM process and the supply chain performance is not much varied for agile and lean supply chains.
Supply Chain Integration means strategic collaboration for shared responsibility. Sharing
…show more content…
(Desouza, 2003). It is considered to be a major enabler of Supply Chain Management and the integrated KM approach can enhance the degree of SCM success. (Samuel, 2011) (Shaw, January 6-9.) (Wadhwa, 2005)
• The KM studies have been done on the intra and inter organizational perspective. But the impact on supply chain performance is not studied majorly. The firm and chain performance outcomes therefore overlap.
• Structural Equation Modelling (SEM) has been employed in this paper to investigate the impact of KM process on Supply Chain Performance based on Supply Chain Operations Reference (SCOR) model.
• Key to superior Supply Chain Performance is the relation between strategy the eight knowledge elements the include memory, tacitness, accessibility, quality, use, intensity, responsiveness, and learning capacity.
• Decision model developed by Raisinghani and Meade link the knowledge creation, knowledge storage/retrieval, knowledge transfer, and knowledge application to the cost, time, flexibility, and quality as the performance criteria. It helps determine which is the most beneficial process in the development of an Agile Supply Chain.
WHAT IS KNOWLEDGE

Related Documents

  • Great Essays

    Supply Chain Strategy Assignment 2 Executive Summary Supply chains incorporate the end-to-end stream of data, items, and cash. Therefore, the way they are overseen emphatically influences an association's intensity in such territories as item cost, working capital necessities, velocity to market, and administration recognition, among others. In this connection, the best possible arrangement of the supply chain with business procedure is key to guarantee an abnormal state of business execution. Crowning Glory Ltd is a private company that has grown from small beginnings over the past 20 years to become a major supplier of hair-care products to the hairdressing trade. Its products are well liked by professional hairdressers and the company…

    • 1725 Words
    • 7 Pages
    Great Essays
  • Superior Essays

    Amec Paragon Case Study

    • 1013 Words
    • 5 Pages

    Simchi-Levi, D., Kaminsky, P., & Simchi-Levi, E. (2003). Designing and Managing the Supply Chain (2nd ed.). New York, NY.…

    • 1013 Words
    • 5 Pages
    Superior Essays
  • Great Essays

    The United States is one of the leading countries in efficient and effective Supply Chain Management. Without effective managers, the pipeline would be hindered by the lack of knowledge and expertise that has been gained and structured since we began importing and exporting goods and materials to create our country's businesses and organizations. Supply Chain Management is the flow of goods, materials, information, and money from suppliers to the customers. Additionally, it is the operation that…

    • 1182 Words
    • 5 Pages
    Great Essays
  • Improved Essays

    INTRODUCTION: There has been a significant rise of Internet based information, developments in communication and technology. A dedicated SCM can be framed with these advancements in order to face the strategic and operational objectives of a company. It is estimated that one in six firms had reshored its manufacturing to UK from other countries. The concept of Supply chain is to integrate the end to end operations of a business, managing the sources, flow of materials considering a total systems perspective among multiple functions and suppliers.…

    • 731 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    The SCOR Model

    • 700 Words
    • 3 Pages

    This benefits supply chain consulting firms and supply chain departments of organizations to analyze their most effective work to continuously deliver the leanest process among their competitors and strategize on how they can improve. By analyzing the SCOR model, a company can make the necessary improvements to better their organization and eliminate waste while creating greater value. As detailed by the Supply Chain Council SCOR model overview, the “benefits of adopting the score model include clear identification of performance gaps, efficient supply chain network redesign and optimization, enhanced operational control from standard core process” to your organization along with many more benefits.…

    • 700 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    In addition will the customer receive any value adding activities? As stated in (Mangan, Lalwani, Butcher, & Javadpour, 2011) supply chain activities should enhance products to increase the customer’s perceptions of those products’ benefits. Customer value can be added to a product by improving its quality during storage, by improving the service associated with it, by reducing its costs, and/or by reducing its lead…

    • 740 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Kaizen Approach Case Study

    • 1272 Words
    • 6 Pages

    The kaizen approach has been applied in manufacturing companies such as Toyota and GE. There is a need to assess the effectiveness of kaizen approach in supply chain management. A lot of emphasis on the Kaizen approach is put on manufacturing companies. However, it is also important to assess how the kaizen approach has been applied in supply chain management and specifically focus on how it has eliminated inefficiencies. Evaluate how.…

    • 1272 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    It also includes coordination, collaboration and expansion of business with channel partners and intermediaries, which can be suppliers, third party service providers and customers only in case of coordination. It also involves continuous improvisation of goods and services through continuous flow of material and information in all directions. In essence, supply chain management combines demand and supply management within and across companies (CSCMP 2011). Supply chain management is the active streamlining of a business and the overall goal is to deliver maximum value for the least possible total cost and create a competitive advantage for the business and society (SCM,…

    • 839 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    10. Saleh and Roslin (2015) try to propose a framework in inspecting the influence Supply Chain Relational capital might have on the execution of Supply Chain Integration through the espousal of relational capital theory. Method They reviewed the literature on the Subject matter and offered interviews to various manufacturers of food and processing industries in Malaysia. They studied the concepts of relational capital such as trust, commitment and socialization and how they influence the execution of supply chain integration plans.…

    • 905 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    erational efficiency with a view to exploit potential operational success (Stock and Lambert, 2000) Supply chain performance measuring helps an organization in a number of ways. Firstly the measurements directly guide actions of operations staff hence indirectly influence performance; secondly some key measures help in keeping a firm on track in achieving its supply chain enhancement objectives; thirdly they support fact-based decision making based on outputs of performance measures against objectives; fourthly they communicate supply chain requirements for monitoring, continuous improvements and change management in companies; and lastly they motivate better supplier performance (Monczka, 2011).According to Barrow (2013) organizations…

    • 955 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Amazon Personal Statement

    • 748 Words
    • 3 Pages

    Amazon became one of the world’s largest retailers without opening a single store and Alibaba.com has a customer base which is close to the population of the US. The rise of e-commerce has fundamentally transformed the retail landscape of the world. As a result of which, today’s supply chains are going through a rapid change to keep up with this pace. My goal is to become a supply chain manager at one of the leading retailers in the world. Managing the process of inventory, order processing and distribution fascinates me.…

    • 748 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    HBR CASE STUDY Excel-Pls supply chain management at Haus Mart 1. How is value added in supply chain management through better planning versus better execution? Ans. Supply chain management as we have learnt in this course is managing the movement of goods and services. It involves the storage and flow raw materials, inventory of work in process as well as finished goods from their point of origin to their point of consumption or use.…

    • 1315 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    Issue proclamation. There were a significant number researches regarding supply chain management, couple from claiming them centered on logistic, procurement, appropriation and so on. So, it may be fundamental should do profound Examine with respect to supply chain hazard management(SCRM) What 's more their sway on supply chain execution. The degree What 's more good fortune of the predictable requisition from claiming danger administration need aid excessively awful worthy with successfully react of the muddling Furthermore degree of the cutting edge supply chain association.…

    • 1105 Words
    • 5 Pages
    Improved Essays
  • Great Essays

    1.0 Executive Summary Supply Chain refers to the flow of products or services start from the point of origin from the supplier to end consumer (Investopedia, 2003). Supply chain management refers to the design and management of seamless, value added processes across organizational boundaries to meet the needs of end consumer. Supply chain management is very important for a company to success especially for those multinational companies as nowadays the supply chain emphasizes on building trust-based relationship with the supplier and the company can focus on their core competencies for a long term benefits with a common goals. A supply chain management started with key suppliers and has four important elements.…

    • 5288 Words
    • 22 Pages
    Great Essays
  • Great Essays

    The concept of supply chain is not new. Almost everything we buy, should it be goods or services, has gone through a lengthy and complex supply chain process. This process is embedded in our daily lives and makes our necessities and desires to be conveniently accessible, such as finding fresh mangos on the shelves of our grocery store in the dead of winter. Although it is such a relevant concept in our lives the term “Supply Chain Management” was officially introduced in the 1980s, as companies gradually began to realize their specializations and what they could essentially outsource or partner with other organizations regionally or globally.…

    • 1289 Words
    • 5 Pages
    Great Essays