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Assignment on Process of Supply Chain Management

   

Added on  2020-05-08

4 Pages392 Words59 Views
Business Development
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Running head: SUPPLY CHAIN MANAGEMENTSupply Chain ManagementName of the StudentName of the UniversityAuthor’s Note
Assignment on Process of Supply Chain Management_1

1SUPPLY CHAIN MANAGEMENTThe risks of highly integrated supply chain are discussed below:Difficulties in Controlling Suppliers: In the integrated supply chain process, businessorganizations face hurdles to control the suppliers. As a result, there is a risk of missing thetaking care of various components of the outside suppliers (Christopher, 2016).Identification of Key Suppliers: Both internal and external suppliers have their own businessmodel for operation. The integration process of them develops the risk of mix up of the resourcesof suppliers that can cause delay in production process.Product Problem Management: In integrated supply chain, there is a risk of breakdown in checkand balance system for monitoring the defects in raw materials and sales processes (Christopher,2016).Government Compliance: The adoption of the strategy of integrated supply chain can blur thecompliance of government regulation by the company as there is a chance of missing steps ininspection process.However, in case the companies do not integrate their supply chain, they also have toface some major risks. They are mentioned below:Failure in Demand Prediction: As there is not any integration in supply chain, the companiesliterally fail to predict the demand of their products in market.Lack of Flexibility: Integrated supply chain assists the companies in bringing flexibility inbusiness operations as they can respond quickly to external events. Not integration in supplychain can cause lack of flexibility (Stadtler, 2015).
Assignment on Process of Supply Chain Management_2

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