explain how and why supply chain strategies should be
aligned with corporate strategies. support your answer with
appropriate examples
Supply chain is an integral part of the overall corporate structure and streamlining supply chain strategy to make it more efficient or responsive is essential to ensure competitive advantage. For example, Amazon as its corporate strategy wants to position itself as the most customer centric company in the world. To achieve this, it has built world class fulfillment networks with a wide reach and lot of mechanisation in the warehouses. Also it uses big data to continually improve its logistics network and supply chain efficiency. Thus as a result Amazon has been successful across the globe due to its highly evolved supply chain.
Another example is Dell which manufactures customised computers based on user orders and customisation. Due to its supply chain network, it runs its business with minimal inventory and has a negative working capital requirements and thus able to deliver high value to its customers and also preserve margins.
explain how and why supply chain strategies should be aligned with corporate strategies. support your answer...
Purchasing and Supply Chain Management Answer both parts of the question. Outline what is meant by the ‘Cost-Responsiveness Efficient Frontier’, and explain using examples how the concept can help a company decide the appropriate supply chain to achieve strategic fit. (15 marks) “Once a company has identified the optimum position on the Cost-Responsiveness Efficient Frontier’ and established the appropriate supply chain, they will be guaranteed competitive advantage in the long term.” Critically discuss with reference to specific organisations or supply...
1. Three major challenges facing supply executives when setting supply strategies and objectives are: Multiple Choice (1) How can we simultaneously provide uninterrupted supply and minimize inventory? (2) How can we improve quality while reducing our supply base? and, (3) How can we increase our involvement in outsourcing decisions? (1) What is the effective interpretation of corporate objectives and supply objectives? (2) What is the appropriate action plan or strategy to achieve the desired objectives? and, (3) How can supply...
Review how the companies' services can be used for supply chain management. Based upon this review of Purolator Logistics and Trans-X logistics, answer the following questions: Which supply chain processes can each of these companies support for their clients? Explain. (10 marks) Explain in detail how customers can use the website of each company to help them with supply chain management? (20 marks) Compare the supply chain management services provided by these companies. Which company would you select to help...
Identify and explain any two factors causing an increase in supply. Support your answer with the use of a diagram. Label your diagram with appropriate variables on X axis and Y axis. Identify and explain the factor affecting quantity supplied.
Identify and explain any two factors causing an increase in supply. Support your answer with the use of a diagram. Label your diagram with appropriate variables on X axis and Y axis. Identify and explain the factor affecting quantity supplied.
How would you decide whether a supply chain needs improvement in supply chain structure, supply chain systems, or both? Give examples. What articles help inform your decision making.
Analysis of Trader Joe's logistics and supply chain management functional strategy as it relates to LSCM, with recommendations for improvement of the strategies and the implementation activities for Trader Joes as well as for some of its key supply chain partners. a. Describe Trader Joes LSCM organization b. Describe the firm's LSCM strategy and how it relates to the overall business strategy. Does the strategy support the overall business strategy or does the LSCM drive the overall business strategy? c....
Why is supply chain sustainability so important nowadays? Name some examples how new technology changed the supply chain management.
In integrated supply chain management. Explain how to develop the supply chain strategy and what are elements in it?
In your opinion, which key supply chain mechanism or innovation is required to support population health management? Provide support to your arguments based on research.