Strategic Fit meansthat both the Competitive and Supply Chain Strategies have algned goals. It also refers to the consistency between the customer priorities that the Competitive strategy hopes to satisfy and the Supply chain capabilities the Supply chain strategy aims to build. For an example IKEA and Walmart
The strategies that should be developed to address spoilage and obsolescence, overstocking the warehouse, availability of human physical resources, and slow-downs in the supply chain include inventory management standards, marketing methods, and alignment of demand and supply.
logistics is a part of supply Chain Management
Objective of a Supply Chain • Maximize overall value created • Supply chain value: difference between what the final product is worth to the customer and the effort the supply chain expends in filling the customer's request • Value is correlated to supply chain profitability (difference between revenue generated from the customer and the overall cost across the supply chain) • Sources of supply chain revenue: the customer • Sources of supply chain cost: flows of information, products, or funds between stages of the supply chain • Supply chain management is the management of flows between and among supply chain stages to maximize total supply chain profitability
the recent advancements made in the IT systems help the companies to get the visibility in the supply chain and to communicate with supply chain partners instantly in oredr to keep their supply chain very competitive. the recent advancements made in the IT systems help the companies to get the visibility in the supply chain and to communicate with supply chain partners instantly in oredr to keep their supply chain very competitive.
The advantages of UPS supply chain solution system are Synchronized Supply Chain,Services for Small Businesses,Move Products Across North America,Simplify Trade Compliance and Get Products to Market Faster.
Strategic Fit meansthat both the Competitive and Supply Chain Strategies have algned goals. It also refers to the consistency between the customer priorities that the Competitive strategy hopes to satisfy and the Supply chain capabilities the Supply chain strategy aims to build. For an example IKEA and Walmart
The strategies that should be developed to address spoilage and obsolescence, overstocking the warehouse, availability of human physical resources, and slow-downs in the supply chain include inventory management standards, marketing methods, and alignment of demand and supply.
No way a telephone company can protect itself from an ISP.
How can telephone companies protect their markets from competition from ISP's using supply chain strategies
Improved coordination to increase total supply chain profits Extraction of surplus through price discrimination
logistics is a part of supply Chain Management
Green Supply Chain Supply chain management with an emphasis on energy efficiency and environmental friendliness.
One disadvantage of supply chain management is the increased complexity and coordination required among different entities involved in the supply chain, which can lead to higher costs and potential delays in the delivery of goods. Additionally, disruptions in the supply chain, such as natural disasters or political instability, can have ripple effects that impact the entire chain.
Objective of a Supply Chain • Maximize overall value created • Supply chain value: difference between what the final product is worth to the customer and the effort the supply chain expends in filling the customer's request • Value is correlated to supply chain profitability (difference between revenue generated from the customer and the overall cost across the supply chain) • Sources of supply chain revenue: the customer • Sources of supply chain cost: flows of information, products, or funds between stages of the supply chain • Supply chain management is the management of flows between and among supply chain stages to maximize total supply chain profitability
One can optimize supply chain visibility by using a Sterling Supply Chain Visibility from IBM. This type of supply chain will help to optimize it quite nicely.
Strategies are; Service delivery to costumer at cost effective levels Time management of inventory supply Logistic functions at cost effective levels Inventory maintained at cost levels to meet supply demand whilst reducing holding capacity