Thursday, 2 February 2012

ASSIGNMENT 9 : Factors of Supply Chain Management

Introduction

Primary role in SCM :
To create integrations or tight process and information linkages between functions within a firm which allow the smooth, synchronized flow of both information and product between customers, suppliers and transportation providers across the supply chain.


 The Integrated Supply Chain



(a)Visibility 


(b) Consumer Behaviour



(c) Competition

-Can be broken down into 2;
·         Supply Chain Planning Software
·         Supply Chain Execution Software
-Both increase the company’s ability to compete

Supply Chan Management Software


Supply Chain Planning Software (SCP)
-Used advanced mathematical algoritms to improve the flow and efficiency of the supply chain.
-SCP depends entirely on information for its accuracy
Supply Chain Execution (SCE)
– automates the different steps and stages of the supply chain.
-SCE can be as simple as electronically routing orders from a     manufacturer  to a supplier

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SCP and SCE software correlate to the supply chain  


(d) Speed
                        
New form of technology has enables companies throughout the world to perform activities that were once never thought possible. Speed is the company’s ability to satisfy continually changing customer requirements efficiently, accurately and quickly. 






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