Supply Chain Management - 1598 Words

Thousands of activities are performed and coordinated within an organization, and every company at least one supply chain relationship with another organization. Research has led to the conclusion that the structure of activities within and between companies is a critical cornerstone of creating unique and superior supply chain performance (Lambert, 2005). Successful supply chain management requires integrating business processes with key members of the supply chain, because valuable resources are wasted when supply chains are not effectively managed. Standard business processes enable managers from different organizations in the supply chain to use a common language and link-up their organizations processes with other members of the†¦show more content†¦The hotel serves many different customer segments. During the weekdays, the primary customers are corporate travelers. On the weekends, holidays, and during the summer months there is a mixed customer base that consists o f both corporate and leisure travelers. The supply chain processes of this hotel are not atypical, however many other hotel chains are beginning to centralize the purchasing function. This change will strengthen the position of the purchase manager in the organization and enable a neutral centralized body that can coordinate and consolidate the disparate hotel purchasing operations (Bhattacharya, Upadhye Dham, 2004). An example of the cost savings can be found at a major hotel in Latin America that operates several chains with numerous hotels per chain that moved to a Shared Services Center across all their hotel chains for procurement, accounts payable, and accounts receivable. In the past, each individual hotel had its own separate business process for these functions. They have increased productivity and estimate $2.5 million to $3.5 million in annual benefits (Hausman, 2005). In addition to centralizing the purchasing function, ordering is now being done over the Internet so that shipments can be tracked and delivery dates calculated. Internet based inbound transportationShow MoreRelatedThe Supply Chain Management Of Supply Chains1372 Words   |  6 Pagesthe world. Supply chains are now very complex and flourishing in the global marketplace, but only constructed and managed correctly. My discipline is supply chain management. There are many different functions of the supply chain that make it what it is. Breaking this discipline down to specific job task is difficult because each process in a supply chain, no matter how complex is connected with at least one other process in the supply chain. There is no clear definition of a supply chain. A supplyRead MoreSupply Chain Management : Supply Chains1476 Words   |  6 Pages1.3 Supply Chain Supply chains encompass the companies and the business activities needed to design, make, deliver, and use a product or service. Businesses depend on their supply chains to provide them with what they need to survive and thrive. Every business fits into one or more supply chains and has a role to play in each of them. The pace of change and the uncertainty about how markets will evolve has made it increasingly important for companies to be aware of the supply chains they participateRead MoreSupply Chain Management Of Supply Chains1188 Words   |  5 Pagesthe supply chain, not just a simple competition between enterprises. In order to win the competition in the supply chain, which means it must be through the management of the supply chain. Currently supply chains become more integrated, more global, the high-speed development of information technology has become an important driving force. In this report will explore the development of supply chain management technologies and impor tant role. Supply chain and technologies role Supply chain is theRead MoreSupply Chain Management : Supply Chains Essay831 Words   |  4 Pagesto answer the question of what is supply chain management we must know what a supply chain is. According to (Mentzer et al., 2001, p. 1) â€Å"Supply chain is defined as the network of organisations which are involved in different processes that produce value either in the form of products or services delivered to consumers†. A supply chain is made up of suppliers, manufactures and distributors, a good way of looking at this is the supply chain pipeline. A supply chain is seen as an enabler, this is whyRead MoreSupply Of Supply Chain Management830 Words   |  4 PagesSupply Chain Management Goal of a supply chain. According to Defining the Supply Chain, there are 5 specific goals of supply chain management. They are as follows: 1. Achieve Efficient Fulfillment – â€Å"the purpose of supply chain management is to make inventory readily available in customer facing positions to fulfill demand. The fresh produce business adage â€Å"you can’t sell from an empty wagon† highlights this fundamental purpose of supply chain management†. (Defining the Supply Chain) OrganizationsRead MoreSupply Chain Management986 Words   |  4 Pagesthat are not faced by Dell? How should Ford deal with these challenges? 3. If you are Teri Takai, what would you recommend to senior executives? Tow what degree should Ford emulate Dell’s business model? Herman Miller: Innovation by Design? (Supply Chain Strategy) 1. What are the main elements of Herman Miller’s history, design philospophy, and corporate values? How have they influenced the company’s success? 2. What led Miller SQA to develop a new business model to serve its market? What isRead MoreSupply Chain Management12177 Words   |  49 PagesSUPPLY CHAIN UPPLY HAIN MANAGEMENT ANAGEMENT Report produced for the EC funded project INNOREGIO: dissemination of innovation and knowledge management techniques Sotiris Zigiaris, MSc, BPR engineer by BPR HELLAS SA J A N U A R Y 2 0 0 0 SUPPLY CHAIN MANAGEMENT 1 Contents 1 1.1 1.1.1 1.1.2 1.1.3 1.1.4 1.2 Description What is the Supply Chain Management (SCM) What is the importance of Supply Chain Management Supply Chain Management Today Supply Chain Management TomorrowRead MoreSupply Chain Management1730 Words   |  7 PagesSTARBUCKS IT SUPPLY CHAIN MANAGEMENT This is a case that illustrates several facets at once: Globalization Rapid Expansion, Supply Chain Management, ERP Implementation, and IT Infrastructure. This case takes place in 1997. Introduction You have to admire the enthusiasm of Starbucks employees. Store managers have been known to stuff sacks of coffee beans into their cars and race over to help out other stores running low. Exceptional customer service, but certainly no way to run a businessRead MoreSupply Chain Management Value Of Supply Chains1122 Words   |  5 PagesHeading: Supply Chain Management-Value of Supply Chain Introduction: Supply chain management is a complex undertaking that must involve more than one organization’s efforts to succeed. A tremendous amount of skill, time, and money must be present to build and develop relationships, discover and implement a strategy, and use the capabilities of the chain to build quality at an efficient financial rate. Allowing for these requirements, it leaves one to wonder whether supply chain management is a viableRead MoreSupply Of Supply Chain Management Essay2046 Words   |  9 PagesSupply Chain Management involves the process of managing, monitoring, controlling and constantly coordinating supply related activities among manufacturers, suppliers, wholesalers, retailer and the consumers. All this is done while integrating supply management with demand management, not only within but also across companies. Since all the processes involved in managing supply chain activities require a robust system in place, every company turns to technology for efficient and effective synchronization