Supply Chain In A Competitive Environment

Improved Essays
The delivery of products to customers, and its availability in a timely manner, has made a difference among companies, making the final consumer prefer one product over another. In the past, the supply chain was considered a support department, where talent had a functional role based on the technical skill of the areas of transportation, storage, inventory management and production planning.
Today, in a competitive environment, where the added value you can get the client is highly appreciated, companies are investing in the area of supply chain for being considered a strategic partner, an active part of the operation, together with departments as marketing and advertising. You are immersed in an environment of rapid and dynamic changes derived
…show more content…
The answer can be complex, however, two essential elements which, naturally, lead to the improvement contemplated:
• Leadership. The talent supply chain should be able to foster relationships and build close ties of cooperation with the different areas. Similarly, it is important to communicate messages persuasively to achieve results, and thus contribute to have a supply chain world class.
• Knowledge of technology. The use of technology as a means of innovation, design and implementation of processes allows an integration of the same in organizations, facilitating responsiveness, improving productivity and customer service. Therefore, the talent supply chain must know the tools (current and future) technology for operation and actively participate in the selection, implementation and use of these technological
…show more content…
However, the need for new requirements is beyond functional experience. The new role in the supply chain should go from a functional approach to a process approach, i.e., talent must have knowledge in the operation and process experience from start to finish of the organization and develop skills necessary for the implementation of external collaboration activities, which have a relationship with the supply chain. An example is the transition of SCM collaboration is one for maritime. Dr. Florin wrote about this incipient concept will not be facile because the maritime market has a certain categorical; the shipping companies are more fascinated with the price of a greater convoy, in the cost reduction of the ships than in the direct affiliation to a supply

Related Documents

  • Decent Essays

    Supply Chain Memo

    • 814 Words
    • 4 Pages

    In modern times Supply chain management facilitates the operation and management of any company based on the needs of production, transportation and access to consumers, by establishing steps so that the final product can reach their consumers, it starts from the acquisition or purchase of raw materials or the equipment to handle the production, staff training, establishing relationships with vendors, suppliers and a better access to markets to sale the product or service, which is the final step of this production line, it also helps to figure up better routes to deliver the goods.…

    • 814 Words
    • 4 Pages
    Decent Essays
  • Decent Essays

    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.…

    • 897 Words
    • 4 Pages
    Decent Essays
  • Superior Essays

    This essay is about the impacts of “customer” element in supply chain management. Supply Chain Management’s goal is “to meet customer needs, better than competitors. Success depends on building processes that can design, make, and deliver the innovative, high-quality, low-cost products and services that customers demand.” (Fawcett, Ellram, & Ogden, 2007). The customer, as always, is king of every business. In generally, we don’t have any business without customers. Every company is trying to ensure that whatever they are doing is correctly “customer focused”. To creating values which meet the customer’s needs is the most important task for supply chain management. There are five basic areas of customer value: quality, cost, flexibility, delivery,…

    • 1349 Words
    • 6 Pages
    Superior Essays
  • Improved Essays

    In the current market place, capital flow, supply chain, logistics are indispensable links for company. In the current years, enterprises put more effort on the supply chain due to the supply chain strategy has become a major aspect of corporate strategy. The real corporation is not between enterprises and enterprises; it is between the corporation of supply chain and supply chain. Both of the external and internal of the enterprises need different types of supply chain. Especially for the internal of the company because different products or services may require different strategies and practices across the supply chain. Both of the single supply chain and too many complex supply chain should not be simply used for business. The consequences…

    • 934 Words
    • 4 Pages
    Improved Essays
  • Decent Essays

    Toolscorp Case Summary

    • 51 Words
    • 1 Pages

    Close relationships with customers and geographical proximity of supply network makes it easy to adapt promptly and flexibility as per the customers on-going changing needs. As ToolsCorp’s supply management rely on the large retailers locally, it enables to reach to the customer easily and build close relationships with the…

    • 51 Words
    • 1 Pages
    Decent Essays
  • Superior Essays

    Relationships are important in every aspect of businesses. One of if not the most important relationship is within the Supply Chain network. Building the relationship takes time and companies have to find the balance between revealing too much information and not providing enough information to the vendors. Target has built their supply chain on relationships and communication.…

    • 1868 Words
    • 8 Pages
    Superior Essays
  • Great Essays

    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.…

    • 1725 Words
    • 7 Pages
    Great Essays
  • Great Essays

    Ensuring that quality management is enforced throughout the company is crucial to the success of any supply chain. The above discourse has addressed the importance of producing high quality end-items, while examining how operational issues could contribute to low quality overall. In addition, creating good, well established contracts through mutual trust and shared profits is a must for any supply chain. The focus must be on consistent, efficient, and effective supply chains through organizational process development.…

    • 1182 Words
    • 5 Pages
    Great Essays
  • Improved Essays

    Airlines can examine its supply chain management process. Good management of the company’s suppliers will have a positive impact on the company’s operations because it will assure the company is providing good quality products to their customers, increase the company reputation, reduce operating cost and consequently increase profitability. Furthermore, a good supply chain management can be a competitive advantage for the company because it creates a better relationship with suppliers and enhance the business…

    • 666 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    The supply chain consists of various organizations involved in transferring a product from raw materials and into a finished product delivered to the customers (Hitt, Black, and Porter 377). Managing supply chain is critical for a company.…

    • 818 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Supply Chain Execution converts and improves complex warehousing and logistics management by bringing labor management, warehouse management, 3PLs billing and transportation management process into a single application on a unified database, so that the logistics service provider can convey more value to their customers and in the meantime they reduce their expenses. By coordinating and streamlining exceedingly critical business forms with Supply Chain Execution, logistics administration suppliers make new chances to:…

    • 1315 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    In today 's world supply chain is at the centre of the business, for many decades’ companies have outsourced and organised many jobs to suppliers and intermediaries creating expansion and, recreated designs and through innovative processes, such sourcing has resulted in global supply chain management. It is a connected series of activities which is concerned with planning, organising, coordinating and controlling of materials, parts, and finished goods from supplier to customer. It is concerned with two distinct flows/ function i.e. material flow and information flow through the organization (Stevens 1989). At every point of chain information and material is passed in order to improving the efficiency at every level.…

    • 839 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    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. Effective management of these functions would help in delivering the right products at the right time when there is a demand from the consumer end.…

    • 731 Words
    • 3 Pages
    Improved Essays
  • Great Essays

    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
  • Improved Essays

    First of all, the supply chain refers to the goods to reach the hands of consumers before the connection or business convergence. Supply chain around the core business, through the information flow, logistics, capital flow control, starting from the procurement of raw materials, made of intermediate products and the final product. Finally, the product sent to the consumer by the sales network will be suppliers, manufacturers, distributors, retailers, until the end user into a whole function of the network structure.…

    • 1096 Words
    • 5 Pages
    Improved Essays