This website uses cookies to ensure you have the best experience. Learn more

Company Supply Chain Paper

732 words - 3 pages

Having an effective supply chain is critical to the success of any type of business, big or small. The definition of a supply chain is the stream of processes of moving goods from the customer order through the raw materials stage, supply, production, and distribution of products to the customer. Through such a detailed network, the distribution of goods and services makes its way from supplier to consumer.Supply chain management is the overseeing of the chain of events in this process. Effectively managing this chain is key, through coordination of all the separate pieces of this chain as efficiently as feasible without incurring a loss of quality or satisfaction from the viewpoint of the customer, all while maintaining minimal expenditures in order to increase profit margins.There are a number of key elements found in a supply chain: Production, Supply, Inventory, Location, Transportation, and lastly Information. This first element in developing an effective supply chain takes under advisement what and how many goods to manufacture, and if need be, what additional pieces should be outsourced or procured from qualified sources.Within the second element, supply, a company must calculate what their facility are capable of producing with high quality margins, while also maintaining economic efficiency. Almost all companies are incapable of producing every component they require while still providing high quality and low costs, therefore outsourcing almost inevitable comes into play in order for all necessary parts to be acquired with lowered costs in mind.A harmonious balance between too little and too much should exist in the third element, inventory. Inventory decisions revolve around keeping an optimum level of stock on hand in order to guarantee customer satisfaction in a fluctuating market. Such levels of stock are critical to the daily operations of businesses and in keeping customer satisfaction levels high.The next element, location, depends greatly on the demands of the market in addition to a clear estimate of customer satisfaction. Prime factors to consider would be the placement of production plants, delivery and warehousing facilities, and placing them in ideal positions to serve the market.Transportation is the element that...

Find Another Essay On Company Supply Chain Paper

Ford motor company: supply chain strategy

734 words - 3 pages international automobile operations. Ford 2000 also called for a complete reengineering of several key company processes including Order to Delivery (OTD) and Ford Production System (FPS). One of the primary strategic goals of Ford 2000 was to decrease OTD from 60+ days to less than 15.To help overcome information constraints in Ford's new global approach, they launched a company-wide Intranet in mid-1996. In addition, Ford further expanded upon

Supply Chain Paper

1531 words - 6 pages competitiveness, and customer service are prominent trends in the supply chain industry. Dynamic markets, changing consumer demands in addition to lower costs and reduced margins are reasons that organizations should effectively manage or sometimes re-engineer their supply chain processes to remain competitive (About.com, 2007). This paper will discuss how three pet stores, Lucky Dog, Muttropolis, and PETCO, manages its supply chain through the

Supply Chain Paper

924 words - 4 pages B2C business includes all the vendors who sell components that are need to create a finish good (Fuller, 2007). Companies like Amazon, Wal-Mart and Bass Pro will have very large supply chains due to the diverse product lines they sell. A detailed analysis of the supply chain will help make a company profitable. Offering products that are not available will cost a business customers. The customer may go to another site to find the product at the

Supply Chain Paper

993 words - 4 pages PAGE PAGE 1 Supply Chain Paper El Internet es un recurso que ha cambiado drásticamente la vida de todos y su uso ha aumentado con los años. Es una de las razones por la que cada día son mas las empresas que hacen negocios a través del Internet. El negocio de empresa a consumidor (B2C) y el de empresa a empresa (B2B) son diferentes. Sus diferencias serán expuestas mas adelante y se explicaran las cadenas de

The Supply Chain Concept Paper

939 words - 4 pages competitiveness, and customer service are well known trends in the supply chain industry. Dynamic markets, changing consumer demands, lower, costs, and reduced margins are reasons that organizations should effectively manage or revamp their supply chain processes to remain competitive (about.com, 2007). This paper compares three pet stores, Lucky Dog, Muttropolis, and Petcock, and how it manages its supply chain through the use of the Internet.A

Strategic Supply Chain Model Paper

1372 words - 5 pages Wal-Mart is a shopping center that carries a variety of products ranging from clothing to office supplies and grocery supplies. This shopping center receives the products they carry from suppliers, and the supply chain must be managed accordingly. In this paper, Team A discusses the need for supply chain management, how Wal-Mart orders and delivers products in their present situation, and the elements of the supply chain model for the

Planning and Controlling the Supply Chain Paper

942 words - 4 pages budget.In conclusion for Riordan to meet all 2005 expectations the organization must utilize responsibility accounting. Responsibility accounting is an information system that does the following: classifies financial data according to areas of responsibility and reports only controllable cost and revenue information for managers. Responsibility accounting focuses on the reporting, not on the recording, of information.ReferencesApollo Group Inc. (2006). Riordan Manufacturing. Retrieved from https://ecampus.phoenix.edu/secure/aapd/cist/VOP/Business/Riordan/RioMfgHome002.htmPlanning and Controlling the Supply Chain Paper

Write a 3-4-page paper that explains how the supply chain differs on a B2C site compared to a B2B site. Give specifics

1189 words - 5 pages Cadenas de SuplidoresLa diferencia entre el B2B (Business to Business) y el B2C (Business to Customers) es el tiempo en que se toma en llegar al cliente y el costo en el cual se vende al cliente. La cadena de suplir cambia totalmente. El B2B del cual vamos a hablar primero es la forma en la cual podemos enviar las facturas u/y otros documentos los cuales se hayan perdido en algún momento. Todo comenzó por este medio cuando las

Supply Chain

1646 words - 7 pages , most companies want to understand the supply chain concept and the specific roles they should play in it (Ertek & Eryılmaz 2008). Their main objective is to participate in profitable chains to gain a competitive advantage over their competitors. In this regard, supply chain management is the actions that a company does to influence the way its supply chain is operated to maximize profits and cut costs, among other desirable effects (Buxmann et

Supply Chain Management

1711 words - 7 pages their customers, and to have good benefits for their company, if the supply chain management is managed good, they will have a good outcome for their company. Supply chain management does involve some factors; location of facilities of where the goods will be flowing from, production is another factor of the supply chain management which the organization has to decide what product will be created and at what factory, who will create it and how

How the supply chain differs on a B2C site compared to a B2B site

1049 words - 4 pages How the supply 1 How the supply chain differs on a B2C site compared to a B2B siteUniversity of PhoenixEBUS/400: eBusinessAugust 25, 2007IntroductionThe purpose of this paper is to examine the differences between the business-to-business (B2B) and the business-to-consumer (B2C) supply chains. The first step is to define the terms supply chain, B2B and B2C, and then compare the supply chain characteristics in each business type. The Supply Chain

Similar Essays

Valley Manufacturing Company: Supply Chain Essay

933 words - 4 pages , which build the employees' commitment that can improve the organizational performance. The included human resource initiatives in the organization build the company more originative and advanced, which directly improve quality of the product. Efficient human resource in the supply chain or organization also assists Valley Manufacturing Company to cut down the lead time and unnecessary cost that takes place in the product distribution to the end

Ford Motor Company Supply Chain Strategy

1380 words - 6 pages Ford Motor Company Supply Chain Strategy Background In 1913, Henry Ford revolutionized product manufacturing by introducing the first assembly line to the automotive industry. Ford’s hallmark of achievement proved to be a key competence for the motor company as the low cost of the Model T attracted a broader, new range of prospective car-owners. However, after many decades of success, customers have become harder to find. Due to

Analyzing Of Supply Chain Drivers On Example Of Toyota Company

1981 words - 8 pages 1. Introduction.In order to understand how Toyota Company have improved its supply chain performance in terms of responsiveness and efficiency, we should examine four supply chain drivers: inventory, transportation, facilities and information. Above-mentioned drivers not only determine the supply chain's performance in terms of responsiveness and efficiency, they also determine whether strategic fit is achieved across the supply chain.Consider

Ford Motor Company: Supply Chain Strategy Analysis From Hbs Case

1333 words - 5 pages Ford Motor Company: Supply Chain Strategy2/11/02Finding the Best FitThe Ford Motor Company finds itself in a dynamic business environment where new technologies and practices offer the potential to alter in a significant way the landscape in which it operates. Henry Ford was in his time an innovator in offering 'cars for the masses'. He introduced to the car industry methods and systems innovative in their day. Ford needs once again to forge new