Supply Chain Management Case Study Help
The system of an organization, people, activities, information as well as resources that move a product or service from supplier to customer end is called the supply chain. The supply chain converts raw materials and other inputs into a finished product that is supplied to the end customer.
What Is Supply Chain Management (SCM)?
It is the management of the supply of goods and other serviceable materials and related processes that convert raw materials into final products. It is related to the active streamlining of business product supply to increase customer value and gain an advantage in the business environment.
SCM means an effort by suppliers to develop and implement supply chains that are the most efficient and economical that may be possible. Supply chains include everything from production activities to the development of products to the system of information that is required to make business profitable.
A manager of the supply chain system coordinates the various activities including logistics of related features to the supply chain which comprise five activities as indicated below:
- Planning to determine the strategy
- The raw material resources and allied services
- Manufacturing motivated on productivity and efficiency
- Delivery of product and logistics
- The recycling of waste materials including defective and undesired products.
A manager of the supply chain attempts to minimize the shortages so that the cost of production goes down. The job is not only related to logistics and purchasing inventory. Responsibility is also considered equally important and involves making recommendations to upgrade productivity, quality, as well as the efficiency of operations to manufacture products.
SCM or Supply chain management operates centrally by managing the flow of goods and services and comprises all activities related to production. Organizations can cut extra costs by managing the supply chain and also by quickly delivering the products to consumers. An efficient supply chain management keeps the reputation of the organization.
Get the Best Expert Help For Supply Chain Management Case Study Writing
A case study is an inquiry that researches a contemporary activity inside real life, particularly at the event of two boundaries between phenomenon and context. Case studies are applied as research work by taking into account contemporary factors and, at the same time limiting the extent of the analytical activity.
The methodology of the case study depends upon its ability to capture the development of new supply chain concepts. The quality of research and designs is ensured by aiming for validity and stress. The excellence of qualitative research is addressed especially through procedural reliability and validity.
In the case study, the phenomenon and context are not evident. Case studies are used as a research process by taking account of the contextual factors. At the same time, it limits the extent of the analysis. The case study allows in-depth study into emerging fields resulting in basic comprehension of fuzzy and messy issues The strength of the case study method rests on its ability to capture conceptual development in supply chain business.
This phenomenon of Supply chain management is vital for business houses that produce and deliver goods as well as services. The transformation from a single company to a branch of the whole supply chain indicates the requirement of recognition, as well as refinement of engineering, strategic management, or theories of the business organization.
A highly competitive business environment has made the company like Walmart concentrate and follow innovative processes and systems to reorient their supply chains and make them highly efficient. Walmart is in the process of integrating its supply chains with its major clients. Walmart is considered an innovator in SCM, which has benefitted it by providing cheaper merchandise to its customers and dominating its competitors.
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Challenges
Challenges that are faced by supply chain management are enumerated below:
Globalization
In the event of globalization of manufacturing practices, that has produced a global procurement network. This network can support and satisfy the needs of the supply chain is a vital issue. According to several procurement companies, selecting a strategic supplier that can manufacture and locate with consistent global quality and dependable local service, is posing a challenge to supply chain-related companies.
Safety
The high demand for manufacturers to manufacture products of premium quality and safety are highly challenging task. The number of product return cases has increasing day by day damaging the reputation of the related company seriously.
Less time, less inventory, better productivity
To lower the product life cycles and change market demands, companies are forced to run at a lower capacity. It is very important that supply planning with a lean business environment always supports operation planning.
Consolidation of a supply base
The issue of strengthening the supplier base can be an advantage. It lowers the rate of fluctuation of the supply base as well as its overheads. It is a challenging issue to identify a supplier with solutions and experience in a supplier-based environment.
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