Project on logistic and scm in mahindra

Page 23

to counter the effects of an uncertain demand. How to minimise the uncertainty and therefore the necessity of holding unnecessary inventory which increases the cost at the end?? This is one of the key issues in supply chain management. 3. Distribution strategy: The distribution strategy is concerned with the distribution of the firm's products. There are several strategies available such as cross-docking, the classical distribution strategy or direct shipping. Which one is the best suitable for the firm to achieve its supply chain and corporate goals?? 4. Supply chain integration and strategic partnering: This is concerned with the complex issue of strategic inter organisational partnership for achieving competitive advantage. This is about sharing of information and efficient use of the information for coordinating business processes to deliver a superior value to the customers. How to achieve this and what are the challenges? This is one of the emerging issues in supply chain management. 5. Product design: This is concerned with the design of the product and its impact on total cost of the product. How does the design of a product affect the various cost elements within the supply chain? It is possible that the design determines the strategies to be followed regarding inventory or transportation. The design may also determine the length of the product life cycle and the extent of uncertainty associated with demand for this product. How to leverage design to achieve supply chain management objectives. 6. Information technology and decision support systems: The enabling role of information and communication technologies has been identified. The concerns of contemporary supply chain management are the efficient use of modern technology including the Internet and computerized decision support systems. The technology allows acquisition of vast quantity of data, information and their subsequent processing in accordance with selected decision criteria. Will these technologies emerge as key determinants of success in the management of supply chains? 7. Customer value: The key issue is the definition of customer value in an age of increasing consumer power. How will supply chains will be designed to provide value to the customers and how will firms define value?

23


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.