Exploring Risks in Supply Chain Design within the Textile Industry

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This presentation provides an overview of the risks involved in supply chain design within the textile industry. It begins by introducing the strategic advantages of effective supply chain management and the inherent risks associated with managing demand and supply lead times. The presentation identifies key risks, including issues related to demand and supply lead times, quality control, inventory management, outsourcing challenges, loss of control, hidden costs, confidentiality concerns, customer expectations, and potential production delays. To mitigate these risks, the presentation recommends strategic procurement practices, strategic partnering, and well-defined outsourcing strategies. The presentation concludes by emphasizing the importance of proactive risk management in ensuring a resilient and efficient textile supply chain. Desklib offers this document and many more solved assignments to aid students in their studies.
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RISKS IN SUPPLY
CHAIN DESIGN IN
TEXTILE INDUSTRY
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Overview of the Presentation
Introduction
Risks in Supply chain designs
Conclusion
References
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Introduction
Supply chain management provide significant
strategic advantages to organisations (Van Weele,
2010).
Managing demand and supply lead times can
encompass significant amounts of risks
(Gunasekaran, Lai & Cheng, 2008).
The presentation discusses some risks posed by
demand and supply lead times along with
recommendations to overcome them (Yu, Zeng &
Zhao, 2009).
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Risks in Supply Chain Designs
Risks in demand and supply lead times
Quality Issues
Inventory Management or stock over risks
Outsourcing Risks
Loss of Control
Hidden Costs
Confidentiality Of Information
Customer Expectations
Delay in Production
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Recommendation
Strategic Procurement
Strategic Partnering
Outsourcing Strategy
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Reference List
Gunasekaran, A., Lai, K.H. and Cheng, T.E., 2008. Responsive supply
chain: a competitive strategy in a networked economy. Omega, 36(4),
pp.549-564. Retrieved on 5th October 2018, from
https://www.sciencedirect.com/science/article/pii/S0305048307000825
Van Weele, A.J., 2010. Purchasing & supply chain management:
analysis, strategy, planning and practice. Cengage Learning EMEA.
Retrieved on 6th October 2018, from https://books.google.co.in/books?
hl=en&lr=&id=ZQr8T0tmH88C&oi=fnd&pg=PR1&dq=strategic+procu
rement+risks+in+demand+and+supply+in+lead+times&ots=HcYl0L
5uz_&sig=GdxYRtImGE0sqSUSFIa1bv_fhFg#v=onepage&q=strategic
%20procurement%20risks%20in%20demand%20and%20supply%20in
%20lead%20times&f=false
Yu, H., Zeng, A.Z. and Zhao, L., 2009. Single or dual sourcing: decision-
making in the presence of supply chain disruption risks. Omega, 37(4),
pp.788-800. Retrieved on 8th October 2018, from
https://www.sciencedirect.com/science/article/pii/S0305048308000510
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Thank You
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