Integrated Supply Chain Network-Free-Samples-Myassignementhelp

Questions: 1.How can Organisations create and deliver better value by operating as Supply Networks? 2.Identify the advantages and disadvantages of an Integrated Supply Chain Network. 3.Identify three critical aspects or attributes of logistics systems referred to in this Case Study. 4.What roles does technology play in a Supply Chain from a Logistics Perspective? 5.Identify three different ways in which technology can fulfil the roles you identified in Question 4 and briefly explain, using examples, how they contribute to Improving Supply Chain Performance. Answers: 1.For growth and expansion of business, the role of supply chain network is undeniable. By adopting strategies the organizations implement powerful modeling approach through application of well structured supply chain design. The first and foremost strategy that an organization need to take in order to deliver values is the planning that should be demand driven and incorporation of business operating model. Proper planning ensures not only the growth but also effective response to risks associated with the business like natural calamities, economic collapse or political upheaval (Ahi and Searcy, 2013). An adaptive and brisk supply chain is key to success of the business operation when planned and executed thoroughly. Identifying the shape of the demand and risk a good supply chain should be responsive to the changes and better adapt to the changing market scenarios with agility. To create better values profitable innovation through adoption of product optimization and management play s important role as it allows the business to stay one step ahead in the competition. Apart from being planned, brisk, adaptive and innovative, a supply chain definitely needs to be sustainable socially and environmentally that give the business edge over others in terms of efficiency in production management skills of suppliers and attractiveness to workers. 2.An integrated supply chain helps create end-to-end collaboration between managers and planners in order to create a dynamic supply network that allows modification and adjustments with agility in the production process. It can also provide operational flexibility to respond briskly to changing demand and market competition through making proper predictions and gathering intelligence about the market and competitors. Transparency of supply, inventories and flow of material are contribution of integrated supply chain that takes communication about the product on a next level (Stadtler, 2015). This can also bring effectiveness in business through higher revenue, better management and collaboration. Among disadvantages the longer time taken to execute the supplies and associated cost factor are main issues faced by the business organizations. Moreover the supply chain involves bigger range of suppliers who need to be synchronized and reliability is major concern for that. Uncertain events like natural disorder or inevitable business problems makes the supplies disrupted affecting business. 3.The case study highlights three major aspects of logistic system as discussed below. Efficiency: An efficient supply chain management contributes to greater market capitalization of the firms. It is the key to turn out the manufacturing capacity with making effective use of strategies sourcing globally. Visibility: To have an insight into the processing and acquiring accurate data regarding the process is essential to ascertain growing business operation. This leads firms to go for adopting technologies (Pritchard, 2007). Technology in logistics: In order to make the supply chain fast track the role of technology in various field of business are undeniably important. Complexity in manufacturing process and uncertain factors can often lead to delayed or cancelled supply affecting business which requires application of technology to minimize the cost of the factors and enhance profit over time through growth in operation. 4.In any supply, chain logistics are the key to bring out the best results. Acquiring of resources, storing and transporting to destination requires management that is undertaken through logistics (Ross, 2013). Now embedding technology to this can make the supply chain process more quick assuring deliverance of good quality. Moreover application of technology makes the business supply chain operation more visible, transparent and simplified. This gives edge to the business over other competitors with more operative efficiency and greater control over inventories (Pritchard, 2007) It generates more customer satisfaction. The technological application can also be time and money saving for the company by reducing cost and time of shipping with less error and providing better quality of services. 5.Application of Radio Frequency Identification is beneficial way to employ technology in strengthening supply chain management. The technology provides chip to be placed on every products in order to make the tracking of inventory authentic and reliable (Wisner, Tan and Leong, 2014.). The associated visibility in RFID technology helps detect in anomalies and make the operation efficient through elimination of errors, reduction of cost and simplification of supply chain as whole. Better way of implementing technology in supply chain is incorporation of social media into the business planning. The social media provides biggest social platform to firms to display their advertising strategies and make their goods and services known widely (Christopher, 2016). This helps in building communication with customers, makes the products of the company more visible and known that enhances the demand. Moreover, social media let the business induce less operation cost and more time and cost friendly strategies of marketing and sales. E commerce is also a technology driven channel of business that help the supply chain be more effective. References: Ahi, P. and Searcy, C., 2013. A comparative literature analysis of definitions for green and sustainable supply chain management.Journal of Cleaner Production,52, pp.329-341. Christopher, M., 2016.Logistics supply chain management. Pearson UK. Green Jr, K.W., Zelbst, P.J., Meacham, J. and Bhadauria, V.S., 2012. Green supply chain management practices: impact on performance.Supply Chain Management: An International Journal,17(3), pp.290-305. Pritchard, S. (2007). Supply Chain Networks: New Sources of Value Creation and Delivery. Ross, D.F., 2013.Competing through supply chain management: creating market-winning strategies through supply chain partnerships. Springer Science Business Media. Stadtler, H., 2015. Supply chain management: An overview. InSupply chain management and advanced planning(pp. 3-28). Springer Berlin Heidelberg. Tayur, S., Ganeshan, R. and Magazine, M. eds., 2012.Quantitative models for supply chain management(Vol. 17). Springer Science Business Media. Wisner, J.D., Tan, K.C. and Leong, G.K., 2014.Principles of supply chain management: A balanced approach. Cengage Learning