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Supply Chain Management Overview and Insights

The document outlines the objectives, functions, and limitations of Supply Chain Management (SCM), emphasizing the importance of collaboration, cost reduction, and efficiency. It discusses various factors influencing SCM, including supplier relationships and market dynamics, and highlights the impact of globalization on supply chain strategies. Additionally, it covers value chain analysis, its advantages and disadvantages, and the concept of a value delivery system within the supply chain.

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Abhay Jagtap
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0% found this document useful (0 votes)
24 views3 pages

Supply Chain Management Overview and Insights

The document outlines the objectives, functions, and limitations of Supply Chain Management (SCM), emphasizing the importance of collaboration, cost reduction, and efficiency. It discusses various factors influencing SCM, including supplier relationships and market dynamics, and highlights the impact of globalization on supply chain strategies. Additionally, it covers value chain analysis, its advantages and disadvantages, and the concept of a value delivery system within the supply chain.

Uploaded by

Abhay Jagtap
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

*1 Objectives, functions and limitations

D.f = "Supply Chain Management is the integration of ness processe from the end user through original
supplier who provide products, ges and information that add value for the customer."
Objective =
1. Partner collaboration.
2. Cost reduction.
3. System orientation.
4. Minimizing work in progress.
5. Efficiency.
6. Improving quality.
7. Minimizing delivery time.
8. Better inventory management.
Functions =
Facilities: Facilities are the physical location of the production. These include manufacturing plants
distribution centers, warehouses and godowns.
Production: Production is an important component in a countries economy and plays a vital rolen supply
chains. Decisions regarding quality, quantity, Volume of production, quality control workload balancing
are important features while making strategic production decision
Supply: An organization must decide about what their facility or facilities are capable of producing both
inexpensively and efficiently, while maintaining the quality high.
Limitations of Supply Chain Me Management :-
Supply Chain management have main disadvantages of Utilizing improper supply chain manag
Management to the following:
1. Improper Implementation
2. Inadequate Training.
3.” One and Done”. Mentality
4. Different standards and regulations.
5. Language and communication. Barmers
6. Political, economic and environmental Instability.
7. Harder supply chain planning
8 . Financial disadvantages of the Logistics management.
*2 various factors influencing (SCM) ?supply chain strategy.
Various factors influencing scm:- supply Chain management can be affecting by the relationship of the
supplier and the Costing. Hereby, is the detailed information mentioned
1. Supplies Relationship:-
By creating o mutually sound and harmonious relationship with your partners or suppliers, you will be
able to provide your customers with product higher standards in a timely manner This also allows to
create opportunities of improvement in terms of performance
2. Casting
A) quality Customer services- The supply chain management is centralized on needs the customers. It is
about giving the right quantity and the right quality of the product for the right amount of money. All this,
in perfect timing and setting.
b] Talent Acquisition and Retairement :- Over the years, it has become a challenge to find talent
interested and passionate about this line of work. Personnel hired in this field must have an understanding
about the duties and the sponsibilities.
c] Fast changing markets:-With Technological advancements changing our marbets Everyday.
Supply Chain strategy:-
Supply chain should facilitate companies to develop management and exeate strategies that efficiently
integrate the management of all the players in a slepply chain viz. Suppliers, manufacturers, distributors
and cutomens production and distribution are accomplished at so that the lowest possible total cost while
meeting high level of customer satisfaction.
*3:- Highlight the driving process of global supply chain management Elaborate on the
globalisation of purchase and supply chain management.
Thriving process of global supply chain management:-
The market, cost, government and competition. These drivers are often considered or descriptive variables
for the Continue globalization process. Each drinet has the facility to directly affect the supply chain and
enable certain capabilitier of globalization.
1. Market Drivers:-
When considering the globalization process, the homogenization of the customer needs often considered
on the market side. Another aspect of marked driver is often stated as channel globalization. A typical
characteristics of the world wide customers is that the coordinated or centralized ordering of matrials and
services.
2. Cost drivers :-
Besides the drivers on the Martiet side there allo are variables on the value side Broduction processes
geographically concentrated for worldwide delivery require high end logistics operations
3. Government Drivers :-
One of the important globalization driver is government requlations. Favorable trade policies, compatible
technical standards, common marketing regulations, government -owned competitors and automer and
host government concerns are a number of governmental drivers.
*Globalization impact the supply Chain management :-
The onset of globalization means supply chain management is more complexe and business critical than
ever before. As supply chain managers or business owners, dog, stics optimization falle on you, and it is
your responsibility to know how globalization can b Save enefit your operation.
1. Expand sourcing opportunities :- Globalization makes it possible for businesses to increase
production by securing a diverse selection of workers raw materials and products from regions of
the world that were previously out of reach. This can result in significant labour cost.
2. Reach new customers in Around the word :- New market Globalization simplifier. Communication
between bwines owness, vendors, and customers and therefore makes it easier. To reach new
markets and stay connected with customere no matter where they are in the Globe.
3. Money And increase profits :- Option to source from and to more chances to save on capit italize on
spending. Mean and a greater Change profit.
4*Explain value chain analysis and outsourcing what are the advantages and disadvantages of
voluce chain analysis?
Value chain :-
A value chain is a set of activities That an organization performs in a specific Industry in order to deliver a
valuable product For the market The concept of the value chain is based on the process view of
organization, each process is made up of subsysteme each with inputs, tranformation processes and
outputs.
*Advantages of value chain analysis:-
The advantages of value chain analysis are :
1. A big advantage is that the valve chain is I very flexible strategy tool for looking bwiness
2. The value chain can be used to diagnoseAn reate competitive advantages And differentiation
3. It helps you to understand the organisation issues involved with the promise of making customer
valis commitments and promiser
4. Comparing your bwiness model with your Competitors wing the value chain can give you a Much
deeper understanding.
5. It can be adapted for any type of business Manufacturing, retail or service, big or small.
*Disadvantages of value chain Analysis:
Disadvantages of value chain analysis are as follows:
1. Many people are familiar to with the value chain but feco are expects in its we.
2 Ausiness information systems are often not structured in a way to make it easy to get Information
For value chain analysis.
3 The value chain idea has been adopted by supply chain and operations experts and therefore its
strategic impact for understanding.
*5 Explain value delivery system for supply chain and what are the steps involved in value delivery
system
Value chain delivery system :-
Whether you are voorking In sales organisation or a factory or an R&D lab, you are allo a part of a larger
system of delivering value to customers. This end-to-end system that collaborates at least in some fashion
to deliver value to ustomers is called as valute Delivery system.
1. Physical :- This includes all the Inbound, outbound, packaging and warehousing activities.
2. Virtual :-This includes the online orders or those activities technology. Using information
3. Combined Value chain:-Coombination of physical value chain includes a and virtual value
systerms.
4. Industry level :- An industry is a physical representation of the various process value-chain
involved in producing goods and services beginning with raw material ending with the delivered
product and by adding value at each of its activities
*Short note
[Link] oriented supply chain :- pespite the logical association between market Omentation (Mo) and
the supply chain management of supply chain orientation (sco) and supply chain management (SCM), and
the potential mediating mole of sco and SCM in the Mo firm business performance (PERF) relationship,
there have been few, if any, attempts to investigate mo in a supply chain context. This this study tests the
relationship between mo, Sco, SCM and PERF
[Link] supply chain Management:- Green supply chain management incorporates environmental
concepts into supply [Link] which includes product design, material sourcing and selection,
manufacturing process, delivery of the final product to` социтель, and product life- -cycle management
[Link] effect :- Bull up effect is an occurrence in fore cast diven distribution channels. It is the
increase un the unpredictability of order as it moves from the Customer to the manufacturer. A disrupted
cupply chain due to bullwhip effect, the distortion in information is escalated as it moves up in the chain.
4 :- a)Customer values
b)Value chain.
c)Global chain.
d)Supply chain management
A) :-Customer value is defined as how much a or service is worth to a customer. It’s a product measure of
all the costs and benefits associated with a product of service. Expam Examples include price, quality, and
what the product or service can do for that particellar reason.
B):- A vat value chain is set of activities that an organisation performe in a specific lindustry in order to
deliver a valuable product for the market.
C):- Global supply chain management is a set of procederer, which collectively enables companies to
integrate their activities for the efficient management of production, procurement, storage
D):- Supply chain management is the systematic and strategic co-ordination of vanow business functions
and the factors across them within the supply chain of particular company.

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