Supply chain management Case Study Example | Topics and Well Written Essays - 1000 words

Supply chain management - Case Study Example The marketing area of Chemtech is primarily concerned with taking orders from the customer for their next month’s requirement. It then makes forecast and relays the same to the purchase department for timely delivery of the same. The department feels that lack of effective planning by supply chain management is responsible for the problems in meeting the customers’ demands. Answer 2 Chemtech needs to streamline its coordination between the departments and ensure that the logistic planning for at least three months is made in advance. This would give the suppliers more time to make arrangements for slow moving products as well as ensure availability of inventory that is often required at short notice. The company should also show more confidence on its long term suppliers and help understand their problems. Logistics and supply chain is vital part of business strategy and therefore concerted efforts for efficient receipt and delivery of goods and services need to be impl emented. Effective computerization of its various in house operations and functions would ensure smooth flow of information leading to improved performance outcome. The computerization would also help to forecast the products requirement so that it can maintain the inventory and meet the requirements of the customers at short notice. Answer 3 The suppliers like Potash should seek trust and at least three months time from its customers like Chemtech for delivery of products which are slow moving. The repeated threats of change in the suppliers by Chemtech have also significantly lowered the morale of Potash. As a result, the company has also started looking for fresh long term customers who could give them realistic time margin to meet their demands. The three months advance order would also enable the company to increase its stock of products which could be required by customers at short notice. While suppliers maintain large stock of products that are in high demand, the short supp ly of slow moving products often becomes huge liability for them. Hence, longer lead time for such products would facilitate the suppliers to coordinate its own logistics and supply chain. The linkages with external agencies are important part of logistics and supply chain management. Thus companies that are able to develop trust and mutual understanding would greatly benefit from long term relationship. (words: 500) Case study 15.1 Answer 1 There general challenges and issues

Internal analysis on Toll Singapore Case Study Example | Topics and Well Written Essays - 1250 words

Internal analysis on Toll Singapore - Case Study Example Supply chain management (SCM) is a developed discipline viewed as the management of a system of interlinked businesses working together in the core goals of providing essential services and products to target clientele or markets within the service provision base and precincts of the participating business entities. Various scholars have had their contributions on the concepts of SCM. There are some dissonances and concurrences when it comes to defining what SCM really. Perhaps one of the lucid definitions is offered by Harland (1996) who views SCM as a form of management that covers all transportation and storage of raw material, refined goods, and inventory in process from points of departure or origin up to the points of need (consumption). The track of transported goods from the point of origin up to the point of consumption constitutes what has been termed as the supply chain in business management and logistics science. Further perspectives on SCM stem from the view of the discipline as pertaining to the entirety of the aspects planning and overseeing of all activities entailed in procuring, conversion and management of all the logistical activity. Also crucial to this view is the inclusion of aspects coordination and alliance within the network players which may be the suppliers, the middlemen and even third party services renders as well as clients. Contemporary SCM is ... ion of aspects coordination and alliance within the network players which may be the suppliers, the middlemen and even third party services renders as well as clients. The core of SCM holds the integration of services and products supply as well as demand regulation in the SCM networks. Toll Singapore and Contemporary Supply Chain Management Contemporary SCM is undergoing significant transformation and modification under the influence of various sweeping phenomena in the forms of globalisation and technological leaps. Scholars around the discipline are factoring in the importance of various dynamics that have been largely less considered in earlier conceptualisations on SCM. The SCM discipline has had remarkable contributions from the works of Coyle, Langley and Gibson among others. Although the scholars have brought the supply chain element to the fore of the contemporary concepts on SCM, the scholars have underscored the role that information technology is playing and will continue to play in contemporary and future SCM domains. Coyle, Langley, Gibson, Novack, Bardi (2008), contend that, "A supply chain perspective germane for appropriate deciphering and application of the feasible SCM tenets will tap in the essence and merits of information technology as well as the rate of change and a closer recognition of logistics with all its associative dimensions". Toll group strength lies in the integration of operational expertise and assets in strategic thrust aimed at championing supply chain effectiveness in providing optimum SCM services to the target clientele pool. The Toll group Model The Toll group model can be explored in tandem with Michael Porter Value Chain conceptual framework. The value Chain framework of Michael Porter is an ensemble of useful conceptual