Supply Chain Managment Essay Example | Topics and Well Written Essays - 1000 words - 2

Supply Chain Managment - Essay ExampleWith constant changes in the practicable environment, most organizations are aware that performance and competitiveness in their respective markets can only be enhanced through creation of an active add together mountain range. This paper tones at some of the strategic implications of supply chain distribution in an organization and their influence on productivity and competitiveness of organizations. Various scholars permit come up with various definitions to illustrate on what is meant by supply chain. According to Jacoby (200917), supply chain is a process through which goods are channelled from the point of drudgery to the point of distribution, aiming at reaching consumers at the right time to gain profit. Processes involved in chains of distribution are so numerous that it requires aggressive seam people to implement all of them. Such activities involve managing people, trying to utilize information, which facilitates in service de livery and utilization of the available re offsets in order to maximize output. It is to a fault worth to establish supply chain management, which goes hand in hand with supply chain. Supply chain management is a term used to describe the network through which goods move from their raw nature through the processes of execution, procuring, processing, and distribution to the final consumers with an aim of creating and increasing net value. The supply chain management can be vanquish understood by considering its classification and by looking at the components that constitute the supply chain. Such components let in procurement procedures, the process of acquisition of raw materials, conversion of the raw materials into finished products and lastly logistics. All these halt a role to play in ensuring that final consumers get the quality products and services they require at the right time. Considerably, a business should have it in mind that the driving force behind consumer comfo rt should non overwhelm the expenses incurred in production. The personify of production and other legal charges like taxes should decide the cost of goods and services. However, offering quality goods and services should be at the heart of every profit reservation organization. It is not appropriate for a company to talk about supply chain without generally taking into consideration that it should be their objective to increase sales and in turn maximize profit. Every profit making organization has a role to play in ensuring that the correct supply chain application creates business and customer relations hence improve not only sales but also the requisite rapport in a business friendly environment. In line with this, it is in order to look at some of the contributions of supply chain to competitive advantages and profitability. According to Blanchard (2010 12), carefully selected supply chains help in the reduction of cost of production. Companies and businesses can only achi eve double-digit growth through effectively elusion on the cost of operating business. This can be done through opting for the best and reliable factors of production such as labour. Other subsidiary factors that facilitate production such as transportation cost can be minimized by setting up a business closer to the source of raw materials. This will not only minimize time wastage from the point of manufacturing to the consumers but it will also reduce other problems associated