Thursday, May 16, 2019
Supply Chain Essay Example | Topics and Well Written Essays - 750 words - 1
Supply fibril - Essay ExampleAccording to management study guide (MSG) (2013), a design framework should rejoinder into consideration elements of technology, external environment, market, and product. A supply chain is the critical backbone for distribution and consumption of goods and service (Watson et al. 2012). An efficient design should span across the market and should involve suppliers, wholesalers, retailers and consumers.With changing consumer patterns, firms want to supply their products by means of different channels (Watson et al. 2012). A supply chain network dictates the manufacturing methodology and assembly points a devoted good or service should be collected from (MSG 2013). An organization maximizes its profitability by minimizing transportation be by setting up warehouses closer to the consumers (Watson et al. 2012). The production unit should be situated where transportation cost of raw materials are minimal. A supply chain network defines sales and marketing decisions. MSG (2013) states that a supply chain network extrapolates cost impacts and combines possible combinations to project profitability. Supply design network is a strategic endeavor that includes long term short term and capacity planning that extend over lengthy time horizons. An integer and linear programming mathematical optimization are the best approaches to decision making on various options and adjudicate the best locations for supply (Watson et al. 2012).A strategic fit concept requires that organizations get to efficiency in a supply chain in a way that meets the organizations competitive strategy. The organization has to identify relevant drivers to achieve this efficiency. In any organization, capital productivity in the supply chain context comes when responsiveness and efficiency are improved (Business and Management University, 2011). Inventory, transportation, information and facilities determine the
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