Supply Chains and Value Chains

Supply Chains and Value Chains have been around for many years and Logistics has served as glue to bind the different members. But in the current era of globalization new problems are surfacing in the supply chains (e.g. politics, and terrorism). Critically evaluate the new Logistics, Supply Chain and Supply Chain Management issues suggest how Strategic Management can help to bring a supply chain to a new maturity level, say from the current level to one level higher, say from level 3 to Level 4. The SCOR Model and the application of new technologies (hard and soft) offer an opportunity to bring a supply chain to a new level of performance. How could a supply chain capitalize on the application of the SCOR Model Methodology to minimize the total supply chain Inventory in the Order fulfilment Value Stream and yet raise the service level to the final customer? Craft a practical strategic plan for minimizing total supply chain inventory in the Order fulfilments Value Stream for your selected supply chain.