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Ten Unique Characteristics of the Best Supply Chains

Words: 2010 Length: 6 Pages Document Type: Research Paper Paper #: 30703599

A supply chain is essentially a network incorporating elements such as facilities, distribution alternatives and individuals working primarily towards procuring and transforming products in order to deliver and distribute them among prospective buyers. One may regard it as an artery which gives industrial life to a company or enterprise. Supply chain disruptions cause companies to falter and even, in the worst case, eventually shut down (Exforsys, 2010).
“Excellence” is a word employed to denote the trait of being tremendously good at doing a given task. The briefest scrutiny into what supply chain excellence implies will probably lead one to the following conclusion: excellence is delivery of the right goods, in the appropriate quantity, at minimal prices, to suitable clients at the time and place required. But this is undeniably and understandably easier said than done. Although the aforementioned definition is quite precise, the concept, in actual fact, goes deeper,…… [Read More]

Cecere, L. (2014). Seven Characteristics of Supply Chains to Admire, Forbes. Retrieved 4 November, 2017, from:
Exforsys (2010). Importance of Strategic Planning in Supply Chains. Retrieved 4 November, 2017, from:
Klumpp, M. (2016). Logistics and Supply Chain Innovation. Bridging the Gap between Theory and Practice, 391–411
Mayer, A. (2013). Supply Chain Metrics That Matter: A Focus on Apparel - Using Financial Data from Corporate Annual Reports to Better Understand the Apparel Supply Chain. Retrieved 4 November, 2017, from:
Morana, J. (2013). Sustainable supply chain management. Sustainable Supply Chain Management.
Ryu, I., So, S., & Koo, C. (2009). The role of partnership in supply chain performance. Industrial Management & Data Systems, 109(4), 496–514.
Trunick, P.A., (2011). Mitigating Supply Chain Risk. Retrieved 4 November, 2017, from:
Weaver, D. (2016). 11 Characteristics of Supply Chain Excellence. Retrieved 4 November, 2017, from: chain-excellence
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Ethical Issues Associated with Procurement and the Role of International Freight Forwarders

Words: 761 Length: 2 Pages Document Type: Essay Paper #: 54172850

Supplier Selection and Evaluation Process
Steps in the Supplier Selection and Evaluation Process
Supplier selection and evaluation process consists of six different steps as follows:
The first step involves the identification of potential suppliers. At this stage, the buyer considers the competitive global economy and focuses on discovering the new viable suppliers. Moreover, it will consider issues such as the importance of discovering new suppliers, the reasons for screening the qualifications presented, the actual screening process that looks at aspects such as reference checks, surge capacity availability, and buy-in from the internal customer(s), and the creation of a supply base. In the second step, the supplier is requested to provide information about their products and or services. The information given will depend on the Request for Information (RFI), Request for Proposal (RFP), and Request for Quotation (RFQ) documents. The contractual terms between the buyer and suppliers will be stated in…… [Read More]

Holweg, M., Reichhart, A., and Hong, E. (2011). On Risk and Cost in Global Sourcing.
International Journal of Production Economics, 131(1), 333-341.
Murphy, P. R., & Knemeyer, A. M. (2014). Contemporary Logistics (11th Ed.). Pearson