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Supply
Chain Management
--Raj Kumar Prasad & Sandip Sahay
Supply chain is a complex network of relationship
that organizations maintain with trading partners to source,
manufacture and deliver products. SCM is the coordination
of material, information and financial flows between and among
all the participating enterprises. The article examines the
various functions of supply chain management, the characteristics
of supply chain management and the types of supply chain management.
It also examines Internet-ba sed supply chain.
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Supply
Chain Collaboration and Standardization
--Barchi Peleg
In today's competitive business environment,
the success of any business depends not only on improving
the efficiency of their internal operations, but also on collaboration
with their trading partners. The advent of e-business solutions
and its applications have helped companies to get a more accurate
picture of the demand and inventory patterns. The article
discusses how better supply chain collaboration can improve
a variety of business processes and enhance profitability.
© IUP. All Rights Reserved.
Designing
an International Supply Chain
--Catherine Truel
One of the highest costs a business incurs is the cost of
supplying goods to customers. Any inefficiency in the supply
chain results in unnecessary costs. This inefficiency is the
result of various components such as transportation, warehouse
and inventory being independent of each other. The challenge
for supply chain management is to integrate all these components
and measure their effectiveness. The article examines the
components of the supply chain and how to design an efficient
supply chain. For this the author suggests a three-phase methodology.
The first phase involves an audit of the current supply chain,
the second phase involves collection and analysis of data
and the third phase is that of implementation.
© IUP. All Rights Reserved.
Performance
Metrics for Agile Supply Chains
--Vamshi Krishna
The
changing business environment has forced companies to change
their supply chain strategies. Companies have started outsourcing
and partnering with other enterprises to reduce complexity
of their SCM. Companies have recognized that supply chain
innovations not only reduce cost, but also generate revenue
by achieving greater levels of customer satisfaction. To satisfy
the ever-demanding customer, companies have moved towards
incorporating agility into supply chains. The author discusses
the characteristics of agile supply chains, the need for agile
supply chains and proposes a framework to help companies move
towards agile supply chains with the help of performance metrics.
© IUP. All Rights Reserved.
Measure
Your Supply Chain Performance
--Devangshu Dutta
Traditionally, supply chain management was mainly seen as
a means to contain costs. The success of supply chain management
was linked to how efficiently companies managed their costs.
However, supply chain should not only focus on cutting costs.
Even when it comes to cost, it is difficult to identify which
costs will best indicate supply chain effectiveness. In this
article, the author gives an overview of the Supply-Chain
Council's Supply Chain Operations Reference (SCOR) model as
a method of benchmarking and measuring improvements in supply
chain performance.
© IUP. All Rights Reserved.
Supply
Chain in Indian Textile Industry
--Samar Verma
The Indian textile industry needs efficient supply chain management.
One area that needs more emphasis for global competitiveness
of the entire supply chain is the interface between textiles
and clothing. A shift is taking place from the traditional
textile supply chain to garment supply chain. The author discusses
the changing trends in the textile supply chain in India and
the need for an interface between textile and clothing for
efficient supply chain management in textile industry.
© IUP. All Rights Reserved.
The Intelligent Supply Chains
--Suneel Sethi
Increased
outsourcing, greater product variations, shorter product lifecycles
and demanding customers made it necessary for manufacturers
to transform their supply chain into "value chain"
that share and integrate information with manufacturing. Thus
collaboration has become the key success factor for an enterprise.
However, the author feels that given the collaborative nature
of the supply chains that are coming up, sharing and integrating
information is not enough. Manufacturers must adopt common
metrics, improve exception management, promote communication
and build relationships and establish collaborative business
processes.
How
Efficient is Your Reverse Supply Chain? --
Anindya Roy
Companies
spend more time and money in fine-tuning their forward supply
chains while ignoring their backward supply chains. However,
in today's competitive business environment when there is
both external and internal pressure, companies can no longer
ignore reverse supply chains. Efficient reverse supply chains
bring many benefits to the companies. However, reverse supply
chains are different from forward supply chains and most of
the existing forward supply chains are not designed to handle
reverse supply chains.
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