The Helferich analysis also supports the findings of other researchers as well in the area of supply chain risk management and security. It has been found that the supply chain design characteristics of complexity of logistics and information sharing, node criticality, density of supply chain partnerships geographically and from a product perspective all influence the capacity for risk mitigation and minimization (Craighead, Blackhurst, Rungtusanatham, Handfield, 2007). Simply put the greater the complexity of a supply chain and its logistics and collaboration functions the greater the need to have an agile, parallel-based supply chain and sourcing strategy in place (Stecke, Kumar, 2009). The need for an integrated framework is crucial if supply chains are able to anticipate and react quickly to disruptions, whether they are from natural disasters or acts of terrorism (Peck, 2005). The need then is for a framework that put agility ahead of formality and response times ahead of overt and exceptionally tight controls. The response of Wal-Mart and other mass merchandisers to the needs of residents in New Orleans after Hurricane Katrina is a vivid reminder of just how critical having an agile supply chain is (Horwitz, 2009). As has been mentioned in the Helferich's Securing the Supply Chain analysis, supply chain security needs to take into account four dimensions and also have role-based access and security privileges by each functional area of supply chain management. These four dimensions include the security of the product or service, security of information flows, security of payments and financial transactions, and security of logistics systems (Pope, 2008). As the Helferich has also pointed out, there needs to be a security structure in place that validates access to each of these four systems and process areas throughout a supply chain. To the extent a supply chain has been able to manage these specific vulnerability areas is the extent to which they can withstand natural disasters and the potential interruptions from terrorist acts and other disasters. The need for an agile, secure and scalable supply chain network to overcome the risks and vulnerabilities mentioned in Helferich's analysis is key. The bottom line is that supply chains are the most critical link...
Ruark, & et al. (2004). Accelerating the Profitability of Hewlett-Packard's Supply Chains. Interfaces, 34(1), 59-72.
From this basis of trust and a concentrated focus on streamlining processes that enable communication between manufacturers and suppliers, technology is often introduced, albeit selectively. It is erroneous to look at technology in the context of supply chain management as the panacea; rather it needs to be seen as the enabler of efficiency and inter-supply chain collaboration, quality management, and supplier relationship management. Technology is only applied to supply chains after the fundamental relationships and trust
Globalization has brought about several notable positive aspects, including the widespread of technology and information, as well as better living conditions for many of the Earth's population. However, in many cases, the positive aspects were swiftly overturned by negative ones. These may come in the form of hard labor conditions in several developing countries, the proliferation of products that do not meet the required quality much faster or in worsened
Logistics Design Alternatives Intermodal transportation essentially refers to the process of transporting passengers and cargo by means of multiple, inter-linked transportation modes. It capitalizes on the comparative advantage of the individual modes to bring about high productivity at considerably low freight costs. Intermodalism has gained prominence over recent years, and is currently an integral component of international trade and global supply chain management. The U.S. Penal Code (49 USC, Chapter 55,
Globalization has become a ubiquitously word in the last few decades. Much of the globalization trend is driven by the fact that many organizations operate internationally and supply chains have become sophisticated, complex, and spans the entire globe. As a result of globalization, many organizations have tried to proactively create a level of homogenization and standardization internationally of markets, resources, and labor. When international companies can have access to foreign
(Reza, 2009) This information is building off of the findings from Uthayakumar. This is illustrating how the two tier system can help to streamline operations. However, as time goes by these ideas will become obsolete. The reason why is because they are focusing on particular aspect of supply chain management (i.e. during emergencies and backlogs). Where is it is failing, is through understanding how this strategy could be used when
Supply Chain Management Hypothesis defined Concepts of SCM and the evolution to its present day form Critical factors that affect SCM Trust Information sharing and Knowledge management Culture and Belief -- impact on SCM Global environment and Supply Chain management "Social" and "soft" parameter required for SCM Uncertainties This chapter aims to give an outline and scope of the study that will be undertaken in this work. The study lays out the issues faced by manufacturing organizations when it comes
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