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Supply Chain Design: A Strategic Approach

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Added on  2020-05-04

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Proper planning ensures not only the growth but also effective response to risks associated with the business like natural calamities, economic collapse or political upheaval (Ahi and Searcy, 2013). An adaptive and brisk supply chain is key to success of the business operation when planned and executed thoroughly. Apart from being planned, brisk, adaptive and innovative, a supply chain definitely needs to be sustainable socially and environmentally that give the business edge over others in terms of efficiency in production management skills of suppliers and attractiveness to workers

Supply Chain Design: A Strategic Approach

   Added on 2020-05-04

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Running head: ENGINEERING LOGISTICSENGINEERING LOGISTICSName of Student:Name of University:Author Note:
Supply Chain Design: A Strategic Approach_1
1ENGINEERING LOGISTICSAnswer -1:For growth and expansion of business, the role of supply chain network is undeniable. Byadopting strategies the organizations implement powerful modeling approach throughapplication of well structured supply chain design. The first and foremost strategy that anorganization need to take in order to deliver values is the planning that should be demand drivenand incorporation of business operating model. Proper planning ensures not only the growth butalso effective response to risks associated with the business like natural calamities, economiccollapse or political upheaval (Ahi and Searcy, 2013). An adaptive and brisk supply chain is keyto success of the business operation when planned and executed thoroughly. Identifying theshape of the demand and risk a good supply chain should be responsive to the changes and betteradapt to the changing market scenarios with agility. To create better values profitable innovationthrough adoption of product optimization and management plays important role as it allows thebusiness to stay one step ahead in the competition. Apart from being planned, brisk, adaptive andinnovative, a supply chain definitely needs to be sustainable socially and environmentally thatgive the business edge over others in terms of efficiency in production management skills ofsuppliers and attractiveness to workers.ANWER-2An integrated supply chain helps create end-to-end collaboration between managers andplanners in order to create a dynamic supply network that allows modification and adjustmentswith agility in the production process. It can also provide operational flexibility to respondbriskly to changing demand and market competition through making proper predictions andgathering intelligence about the market and competitors. Transparency of supply, inventories and
Supply Chain Design: A Strategic Approach_2
2ENGINEERING LOGISTICSflow of material are contribution of integrated supply chain that takes communication about theproduct on a next level (Stadtler, 2015). This can also bring effectiveness in business throughhigher revenue, better management and collaboration. Among disadvantages the longer time taken to execute the supplies and associated cost factorare main issues faced by the business organizations. Moreover the supply chain involves biggerrange of suppliers who need to be synchronized and reliability is major concern for that.Uncertain events like natural disorder or inevitable business problems makes the suppliesdisrupted affecting business.ANSWER-3The case study highlights three major aspects of logistic system as discussed below.Efficiency: An efficient supply chain management contributes to greater market capitalization ofthe firms. It is the key to turn out the manufacturing capacity with making effective use ofstrategies sourcing globally.Visibility: To have an insight into the processing and acquiring accurate data regarding theprocess is essential to ascertain growing business operation. This leads firms to go for adoptingtechnologies (Pritchard, 2007).Technology in logistics: In order to make the supply chain fast track the role of technology invarious field of business are undeniably important. Complexity in manufacturing process anduncertain factors can often lead to delayed or cancelled supply affecting business which requiresapplication of technology to minimize the cost of the factors and enhance profit over timethrough growth in operation.
Supply Chain Design: A Strategic Approach_3

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