Evolution of the supply chain, Operation Management

Evolution of the supply chainĀ 

Procurement, materials management and logistics management activities can be combined by the integration of software packages such as ERP. For many companies, the potential for competitive advantage is found from both reduced cost and improved customer service. The cost of distribution may account for 25 per cent of the cost of goods sold. Therefore the integration of material sourcing and distribution represents possibly 75 per cent of the cost of the product. In integrating and managing information along the supply chain offers companies enormous scope for improvement. This is illustrated in this figure (adapted from Cap- Gemini Ernst and Young, 2001) and in the table below.

1015_Evolution of the supply chain.png

Posted Date: 3/15/2013 1:29:39 AM | Location : United States







Related Discussions:- Evolution of the supply chain, Assignment Help, Ask Question on Evolution of the supply chain, Get Answer, Expert's Help, Evolution of the supply chain Discussions

Write discussion on Evolution of the supply chain
Your posts are moderated
Related Questions
Business knowledge competencies are particularly important for which human resource role? Answer A) management developer B) employee advocate C) strategic partner D) functional exp

A foundry receives an order for specialty castings. Cost of producing each casting is estimated to be $15,000. The customer requires that exactly 4 good castings be supplied. The c

Question: a) What is a strategy? b) Describe what is meant by a franchise. c) Henry Fayol put forward 6 primary functions of management. State the 6 functions and brief

Central Tendency of Sample Means As was shown earlier (Advantages of SPC: feedback, the use of individual output measurements as the basis for process adjustment is inappropr

Explain Trial Balance. Trial Balance : After posting all journal entries in the ledger, a statement termed as trial balance is prepared to check the accuracy of postings in th

As an entrepreneur, how would you go about doing a job analysis for the first employee you are going to hire in your new business? What are the three steps in completing a job anal

Suggest some possible strategic initiatives that Sigma could pursue to continue its growth.

Itemize and discuss the different types of strikes and lock outs, their roles in labour relations and their legal restrictions in private and public sectors. Discuss the use of str

If you were CEO of your company what would you do differently to your compensation and benefits plan to make it more effective in aligning employee behaviour and performance with t

Q1: Explain how you might take production line approach (transferring the concepts and methodologies of operations management) to a service organization such as a branch bank. Q