Management Study of Supply Chain

Added on - 13 Sep 2019

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ContentsIntroduction.................................................................................................................................................2Literature review.........................................................................................................................................2Research Methodology................................................................................................................................3Quantitative Approach.................................................................................................................................3Qualitative Approach...................................................................................................................................7Type of risks in Supply chain......................................................................................................................7Impacts of supply chain risks on organization’s performance.....................................................................9Tools and Techniques................................................................................................................................11Methods and tools for risk identification...................................................................................................11Conclusion.................................................................................................................................................14References.................................................................................................................................................151
IntroductionThe Supply chain is important for the organizations. Management study of supply chain willimprove the overall performance of the organizations. It is a value adding activities that connectthe supplier and customers of the organization. There are a number of factors that affects thesupply chain and results into increase the chances of risks. The supply chain risks, effects thesupplies that automatically affects the organization performance in certain ways. In this researchreport the risks of supply chain are explained and the drivers of that risk. The impact of supplychain risks on organizational performance in qualitative and quantitative form is explained ondifferent process. The different processes are suppliers, warehousing, marketing, transport andproductions. To manage these risks it’s important to identify the risks and analyze their impact.The organizations should use tools and techniques for risk identifications and analysis.Literature reviewLiterature review represents the previous studies or current studies and analysis that werepublished and presented. The followings are some literature review that relates to the researchreport.:Sharma and Chrisman (1999) address and defined the supply chain risks and analysis of them.As their studies the impacts of the supply chain risks to the organization’s performance is notnecessary to be negative sometimes, that are positive also.2
Vikulov and Butrin (2014) define the categories of risk and also the impacts of risks onorganization performance. Authors categories the organization’s performance in process andshowed the risk impact qualitative. The categories of business process are suppliers, transport,warehousing, production and marketing.Muhammad, Naseer Qayyum, Murtaza Ali and Khuram Shazad(2012) describe the supply chainmanagement method. The authors’ design a quantitative approach to calculate the risk impact onthe organization performance. They collect data with the help of questionnaires from the 30managers of the organization. They design a hypothesis and correlate the hypothesis and thevalues. This empirical study shows the results in the form of quantity[ CITATION Qay13 \l 1033 ].Research MethodologyIn this research report, there are two of the studies is evaluated, on the basis of organizationperformance. The studies are qualitative approach and quantitative approach.Quantitative ApproachThe quantitative approach is for risk analysis is as given below:A questionnaire is prepared to collect the data from the managers. Approx. 30 to 40 questionariesform distributed to the managers and got feedback from 30 managers. Muhammad, NaseerQayyum, Murtaza Ali and Khuram Shazad (2012) gather the data through questionnaires and canbe used. The questions are very basic and based upon the impacts of supply chain risks on theorganizational performance. The testing tool is SPSS(Stastical package for the social sciences) tocalculate the results. In this tool the results are calculated for the hypothesis. The organization3
performance depends upon many variables[ CITATION RMo12 \l 1033 ]. The following is adescriptive statisticsfor analysis with correlations, means and standard deviations.VariablesMeanS.dStrategistSupplierparternshipCustomerrelationshipInformationsharingInformationqualityPostponementPriceQualitydependibilityProductInnovationTimetomarketStrategicSupplierparternship4.050.8010Customerrelationship4.200.5202.363Informationsharing3.999.6847.518(*).276Informationquality4.1000.6205.73.134.298Postpon4.1.56.536(*.498(*.264.3494
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