Essay on Supply Chain Management

Submitted By am_mp31

Words: 462

Pages: 2

Open Document

Supply Chain Management
Chapter 1 Assignment

Wal-Mart
Supply Chain Management is very important to an organization as it will allow growth and management control. It is necessary for an organization to follow an effective supply chains in order to be successful in the global market. For example Wal-Mart has been around since 1962 and with a lot of dedication they have made a difference too many of their customers. It has opened thousands of stores in the U.S and internationally. Throughout the years the business has helped customers save money and reside better. As I visited Wal-Mart website the first impression is that they are very organized and have a variety of products to offer online and in store. By doing so Wal-Mart has more than 3,000 suppliers such as Kraft, Nestle, Kellogg, Leapfrog and many more that help them serve their business and customers’ needs. When it comes to purchasing Wal-Mart associates need to determine which products will sell and this is where supply chain operations will focus in demand planning, forecasting and inventory. An aspect of Wal-Mart logistic is its fast and responsive transportation system. Wal-Mart move goods to and from distribution centers in their trucks with skilled truck drivers. Wal-Mart prices are competitive because they buy in large quantities that transportation from one end to another is not as costly. Wal-Mart buys goods from different suppliers throughout the world and it makes it easier for them to use bigger trucks. Also, drivers follow the most efficient route to use less fuel.
In order for Wal-Mart to track its inventory it suggested for his suppliers to use universal bar codes. However, that was replaced with the Radio Frequency Identification technology in order to enhance technology. The purpose

Supply Chain Management and Talent supply Chain Essay

FILLING JOBS WISELY How companies use Talent Supply Chain Management to link human capital to business needs. By DOUG ARMS AND TONY BERCIK ILLUSTRATION BY ROBERT PIZZO/WWW.ROBERTPIZZO.COM June 2015 / STRATEGIC FINANCE / 39 W hat do building an airplane and finding finance and accounting talent have in common? In the case of Boeing’s 787 Dreamliner, more than you’d imagine. Boeing uses more than 1,000 suppliers to deliver this airplane’s specific parts—a number that’s so high because the company…

Words 3693 - Pages 15

The Concept Of Supply Chain Management

known, supply chain means that suppliers transfer the materials from the sources to the end of customers. In the processing of supply chain, it mainly includes purchasing, manufacturing, storage, transportation, customer service, demand planning, supply planning and supply chain management. Besides, the supply chain can achieve efficient management by three types of relationships, and that is simple supply chain, management through intermediaries and supply partnerships. When it comes to supply chain…

Words 670 - Pages 3

The Importance Of Supply Chain Management

Logistic and supply chain managers in the current age have to deal with uncertainty, risk and volatility; they have to keep on preparing for the unexpected. The need for quality and effectiveness means that supply chain has become highly vulnerable to any simple interruptions. Uncertainty is a serious element that will affect the ability of the supply chain to meet the demand of the customers (Waters, 2007). This is the reason why close attention has to be paid to the supply chain management in terms…

Words 863 - Pages 4

Supply Chain Management Essay

Supply Chain Management Supply chain management is the management of supplies to achieve customer value and develop product in the effective and efficient ways possible. Supply chain management covers everything from product development, outsourcing the product, and coordinating all the activities that it takes to produce the product and get it ready for the consumer. It is important that all components of the supply chain management work together to coordinate the long-term goals, and…

Words 361 - Pages 2

Supply Chain Management Essays

How To Achieve Cost Savings From Supply Chain Management: Techniques That Work Thomas A. Crimi, Supply Chain Team Coordinator/Strategic Sourcing ChevronTexaco, Houston, TX 77010, 713-754-4921 crimita@texaco.com Ralph G. Kauffman, Assistant Professor University of Houston-Downtown, Houston, TX 77002, 713-221-8962 kauffmanr@dt.uh.edu Abstract. This paper identifies and demonstrates proven techniques that achieve real cost savings from supply chain management, and provides information on how to apply…

Words 2394 - Pages 10

Supply Chain Management Essay

Supply Chain Management: Supply Chain Management are practices that help firms to achieve and sustain competitive advantage over their competitors. Those practices will help to improve product quality and customer service level which resulted in the increase of market share and the return on assets. However, the proper implement of Supply Chain Management need proper supervision from leaders, managers and directors of the firm. The successful of implementing SCM to a firm will gain that firm competitive…

Words 962 - Pages 4

Supply chain management Essay

EMP 524 Supply Chain Management Final Paper Name: Naian Yin Student ID: 109465076 Instructor: Brian Shube [Abstract] With the updates of music carriers, the market of headsets expanded quickly. Using the in-ear headsets as a sample product, this paper works on the requirements, souring, logistics, sustainability and costs of the product, and finally works out a supply chain for this product. [Keywords] Supply chain management, headsets Overview Product introduction…

Words 3455 - Pages 14

Supply Chain Management Essay

gingSUPPLY CHAIN MANAGEMENT SCM 2230 Winter 2013 Tuesday/Thursday Instructor Information |Prof. Matthew Morris |Office Hours: | |Drake 624 |by appointment | |204-474-9737 |…

Words 526 - Pages 3

Supply Chain Management Assignment

Supply Chain Management Assignment Ajinkya Alhat GLSCM059 Part-I Part-II Abstract The article talks about the adjustments U S Post makes to satisfy the needs of market at different times, the speed which U S Post delivers taking less amount of time and the trust of customers from both the ends, a sender and a receiver and to fulfil the gap between sender and receiver by becoming the perfect intermediate. Being a public agency U. S. Postal Service focuses…

Words 3019 - Pages 13

Supply Chain Management Industry Essay

assignment is Home Depot Inc. In order to better understand the complexities related to the supply chain of the company it is vital to understand the corporate activities and the industry in which the company operates. According the homepage of Home Deport, www.homedepot.com, Home depot was created in 1978 and is a company that uses a warehouse-style stores in order to sell various building materials, house supplies, lawn and garden products. Home depot sells to both the households as well as to the improvement…

Words 2461 - Pages 10