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 have
been defined, along with a culture that is unique to the collaboration
within a given supply chain. The culture that has emanated from high
quality standards that Toyota has placed on suppliers and the development
of the Toyota supplier base as a learning organization over just
transaction partners. Toyota has rigorous standards for defining their
suppliers and use technology including many forms of online collaborative
applications to further support their quality and egalitarian approach to
managing their suppliers (D R Towill, et.al.). Toyota's best practices
focus on the selective use of technology to further support their strategic
objectives of enforcing very high quality standards, adherence to their
internal processes for performance and execution of supply chain functions,
and the ability of suppliers to create their own learning community.
Technology and its collaborative aspects are then used to strengthen the
trust and interdependent nature of the supply chain.
Studies have shown that that the higher the level of collaboration and
resulting trust, the higher the level of transaction velocity and accuracy
throughout a supply chain. The ability of technology to create this level
of transparency and trust through the use of collaborative tools including
portals, shared applications,...
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
Traits of Supply Chain To start with, any supply chain is purposed to have the capacity to satisfy the request of a consumer and distribute product from one location to another, so as to meet and fulfill the patterns of demand and supply. The supply chain not only encompasses the suppliers and manufacturers, but also takes into account retailers, distributors, warehouses and the consumers. For instance, with regard to a manufacturing
Supply Chain Integration Defining Integrated Supply Chains in the 21st Century Collaboration and the ability to orchestrate complex purchasing, procurement, quality management and fulfillment strategies typify integrated supply chains today. These lessons learned and more are found in the article, Integrated Supply Chains to be Explored (Johnson, 2007). Also alluded to in the article is the concept of having a 360 degree view of global supply chains, with the added benefit of
Supply Chain The Current State, Objective and Future Trends of Risk and disruption management in supply chains States and Trends of Risk and Disruption Management in Supply Chains After suffering for years, managers' gain ground in supporting supply and demand market of today, yet the effective assessment of managing risk as well as disruption is still an active conversation amongst project managers. Management takes a new position and arranges new strategies to support
Supply Chain Management at Toyota Toyota essentially follows a very simple supply chain management policy. While ensuring a reasonable level of quality, delivery time and satisfaction of customers, Toyota attempts to reduce costs in its supply chain. Producing the right product for the market at the right price that can be affordable for the customers are the primary objectives of the supply chain management policy at Toyota at the right time. In
supply chain challenges facing the company which the chosen application addresses. 4(b) Explain how the chosen application addresses these supply chain challenges 8Q2"IT should be considered as an integral part of the supply chain re-engineering process." Discuss this statement using appropriate references from the course module. Case studies or other source material. (a) The major supply chain challenges facing the company which the chosen application addresses. The Levi Strauss e-business and supply chain
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