Strategic Management: Application in Acquisition and Supply Chain

This report examines the critical role of strategic management in both acquisition and supply chain management processes. It emphasizes the importance of analyzing situations and making informed decisions to achieve optimal outcomes. The report details the application of strategic management principles in identifying the feasibility of acquisitions, aligning acquisition goals, and assessing the potential of target companies. Furthermore, it explores how strategic management enhances supply chain efficiency by forecasting demand, managing inventory costs, and ensuring product availability to customers. The analysis covers strategic, tactical, and operational levels, underscoring the necessity of aligning supply chain decisions with overall corporate strategies to maximize profitability and market share. References from Lasserre, Kwon, and Hugos support the arguments presented.

Running head – Strategic Management
strategic managemnt

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Introduction
In this assignment strategic management is been discussed in regards to supply chain
management and acquisition. The importance of strategic management in acquisition and supply
chain management is been detailed in this assignment. How to apply strategic management in the
field of acquisition and supply chain management.
Strategic management
Strategic management is the process of analyzing the situation and then accordingly taking the
most feasible action. In order to yield the best and most fruitful result. The strategy is related to
planning for the future which in turn produce the long-term benefits (Lasserre et al., 2017).
APPLICATION OF STRATEGIC MANAGEMENT ON ACQUISITION AND SUPPLY
CHAIN MANAGEMENT
Strategic management is very important in acquisition and supply chain management process.
An organization can apply it strategic management skill in identifying the feasibility of the
acquisition decision and while planning the supply chain management process. As it will lead to
having more positive and favorable result at the end of the day.
Strategic management can be applied in the process of assessing and integrating of the target
company to acquire, skills of strategic management can be also applied in the alignment of the
goals of acquisition, finding and identifying the feasibility of the acquisition for the future
potentiality. So in this way, an organization or the manager may apply its strategic management
skills in the acquisition process to make the most feasible and profitable decision (Kwon et al.,
2014).

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Manager or organization can apply its skills strategically in planning and identifying the values
of the company to which they are planning to acquire. In a way to increase the total market share
and value after acquisition manager needs to apply its strategic management skills such as
forecasting and identifying the market future possibilities. This application of strategic
management skills of manager or an organization will lead to producing the positive result at the
end of the acquisition decision.
Strategic management can be applied to screening the potential and rationales of the acquisition
decision. Acquisition plays a very important role and its major success depends upon the
strategic management and decision.
In the same manner in supply chain management process strategic management play a vital role
in making the supply chain management decision more profitable and feasible.
The decision related to supply chain management can be taken at three level mainly at the
operational level, tactical level and at the strategic level that is also known as top level
management.
Strategic management can be applied to supply chain management in order to reflect the overall
corporate strategy of the organization.
Manager or an organization can use it strategic management skills to maintain the supply chain
management in such a manner that it will lead to making the available product to the customer
when they demand.
In analyzing the future demand for the particular product and accordingly planning to
manufacture that product and making it available to the target potential customer. This can be
only done by applying the strategic management skills. A sound organization use to lower its

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inventory cost through analyzing the future trends of the customer and accordingly planning to
make the inventory (Hugos et al., 2018). As it will lead to lower the inventory cost, lowering the
ordering cost plus handling cost. So all these decisions can be taken by the strategic manager
only after analyzing the market and future trends.
So an organization or strategic manager can apply its strategic management skills in forecasting
the particular demand of the product and accordingly planning to invest in inventory
management.
Conclusion
In the end, it can be very well said that strategic management is very important in acquisition and
supply chain management. And strategic management can be applied in forecasting and
analyzing the future possibilities of demand and market trends. It will lead to having a more
feasible outcome at the end of the decision.
References
Lasserre, P. (2017). Global strategic management. Palgrave.
Kwon, O., Lee, N., & Shin, B. (2014). Data quality management, data usage experience and
acquisition intention of big data analytics. International Journal of Information
Management, 34(3), 387-394.
Hugos, M. H. (2018). Essentials of supply chain management. John Wiley & Sons.

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