Supply Chain Management Case Study Help
Define Supply Chain Management • Supply chain management is usually defined as the complex set-up of activities, which aids in supplying the raw materials that are purchased and cultured to turn into valuable products. • Supply chain management includes various aspects of the logistic and supply chain concepts that various organizations follow to improve their distribution channel. • These courses help students in accruing more knowledge about business optimization, service and operation management, sustainable operations management, and innovation improvement. • It is the process of delivering products or services to consumers through traditional and modern systems of distribution.
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Seven Major Principles Of Supply Chain Management • Adapt the supply chain based on the service needs of each consumer segment • Customize the logistic network of each segment • Align demand planning across the supply chain. • It outsources strategically. • Differentiate products closer to customers. • Develop information technology that supports multi-level decision making. • Adapt both service and financial metrics.
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The Three Categories Of Supply Chain Management Flow
• The Product-Flow • The information-Flow • The Finances-Flow
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Topics That Are Widely Used In A Supply Chain Management Assignment • Customer relationship management for creating brand-loyal customers. • Physical distribution of goods to ultimate customers. • Logistic competency for a competitive edge. • Role of warehouse management for controlling the cost of products. • Innovative techniques and eco-friendly process of SCM. • Impact of IT on SCM. • The most effective procurement process, better operation management.
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Important Processes In Supply Chain Management • Procurement • Inventory management • Order Fulfillment • Returns management
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The Importance Of Supply Chain Management • Supply chain management is important in reaching out to customers in the most cost-efficient manner. • SCM is critical for organizational learning. Firms with extensive geographical reach tend to be more productive and innovative in the procurement and distribution of the goods. • It improves the customer’s service by delivering the required product at the right time and location • Businesses can maintain financial records- amounts to be paid by the clients and the amount paid to the suppliers. • SCM reduces the bottom line of the organization by reducing transportation, packing, and inventory cost.
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The Standard Format Of Supply Chain Management Case Study Assignments • Title page • Executive summary • Introduction • Background information • Problems • The proposed solutions • Recommendation
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