Supply Chain Management in Retail Industry

Running head: SUPPLY CHAIN MANAGEMENT
SUPPLY CHAIN MANAGEMENT
Name of the student
Name of the university
Author note

1SUPPLY CHAIN MANAGEMENT
Executive Summary
The research will enumerate the different supply chain strategies that are undertaken by the retail
industry and the manner in which the industry collaborated with the strategy for bringing forth
developments in the performance. On the other hand, the research will also focus on examining
the different technological innovations that are undertaken by the retail industry and inspect the
manner in which it contributed to the competitive edge of the same. The purpose for undertaking
the research is to assess the efficiency of the supply chain strategies and the technological
innovations that are planned by the retail industry for supporting its competitive edge.

2SUPPLY CHAIN MANAGEMENT
Table of Contents
Introduction......................................................................................................................................3
Answer 1: The design and implementation of supply chain strategies within the retail sector.......3
Answer 2: Configuration of the supply chain process.....................................................................7
Answer 3: Utilization of advanced technology by retail industry for gaining competitive
advantage.......................................................................................................................................10
Conclusion.....................................................................................................................................13
References......................................................................................................................................14

3SUPPLY CHAIN MANAGEMENT
Introduction
The subtle transitions in the supply chain strategies and technological infusions have
helped the retail industry in achieving the competitive advantage of the same. The discussion
will aim at identifying the design of the supply chain strategies that are implemented by the retail
sector and the manner in which the concerned industry collaborates with the stakeholders in
order to add value to their proposition. Lastly, the discussion will identify the different
technologies that are implemented by the retail industry for achieving the competitive advantage
over the other sectors in the market.
Answer 1: The design and implementation of supply chain strategies within the retail
sector
The supply chain operations of the retail industry are mostly comprised of supply
management and physical distribution. The raw materials and semi finished goods that are
primarily manufactured by the producers are supplied to the retail sectors where electronic and
computing technologies are utilized in order to assemble the raw materials into the finished
product (Qrunfleh and Tarafdar 2013). The Lean management principles dominated the
performance of the retail industry, which depended on the evaluation of the market demand and
management of inventories.
The Lean manufacturing and supplying principles affected the capabilities of the
industry in adhering to the increasing demand of the consumers. However, Martínez-Jurado and
Moyano-Fuentes (2014) stated that the Lean management strategies helped the retail industry in
maintaining the quality of the products through elimination of different wastes. For an example,