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    Supply Chain Management Assignment Help

    There is no dubiety to say that this subject “Supply Chain Management” is not considered to be as the most difficult subject, but yes, you also cannot deny this fact that the same one persists of lengthy explanations of the management terms, due to which students somewhere do not find themselves comfortable in completing the assignments, projects or homework.

    What Supply Chain Management is all about?

    Supply Chain management or SCM as it is commonly known, is the systematic and strategic coordination of traditional business functions within an organization. It is used to impose a long term performance of companies and supply chain as whole. Supply chain management views the channels as different entities that perform their own set of functions. Supply chain management is comprised of three inter- related and important concepts;

    • Network structure
    • Business structure
    • Management

    Its main principles are:

    To help managers decide how to proceed, it is important to revisit the supply chain initiatives undertaken by the most successful manufacturers and distilled from their experience seven fundamental principles of supply chain management and what are they, let’s find it out:
    Principle 1: Segment customers based on the service needs of distinct groups and adapt the supply chain to serve these segments profitably.
    Principle 2: Customize the logistics network to the service requirements and profitability of customer segments.
    Principle 3: Listen to market signals and align demand planning accordingly across the supply chain, ensuring consistent forecasts and optimal resource allocation.
    Principle 4: Differentiate product closer to the customer and speed conversion across the supply chain.
    Principle 5: Manage sources of supply strategically to reduce the total cost of owning materials and services.
    Principle 6: Develop a supply chain-wide technology strategy that supports multiple levels of decision making and gives a clear view of the flow of products, services, and information.
    Principle 7: Adopt channel-spanning performance measures to gauge collective success in reaching the end-user effectively and efficiently.

    List of sub-topics

    • Manufacturing operations
    • Safety of products
    • Employee efficiency
    • Marketing
    • Product quality
    • Synergies among businesses
    • Effective methods of data keeping
    • Access to latest technology
    • Globalization
    • Supply Base consolidation
    • Effective methods of data keeping

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