question archive Submit a report which includes, but is not limited to: An outline of the supply chain and all the significant parties along the way A brief profile of the different stages and of the different parties that feed into the chain Details of issues arising along the chain that may hinder product delivery Detailed recommendations for streamlining or improving the supply chain Please include pictures and other visuals where possible
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Submit a report which includes, but is not limited to:
An outline of the supply chain and all the significant parties along the way
A brief profile of the different stages and of the different parties that feed into the chain
Details of issues arising along the chain that may hinder product delivery
Detailed recommendations for streamlining or improving the supply chain
Please include pictures and other visuals where possible
1. An outline of the supply chain and all the significant parties along the way
Supply Chain Management (SCM) is the systematic, strategic coordination of conventional business functions within an organization and through businesses across the supply chain with the aim of enhancing individual companies' and the supply chain's long-term efficiency. A supply chain is made up of all parties involved in fulfilling a customer's order, whether directly or indirectly. The supply chain comprises not just the manufacturer and supplier, but also the transporters, warehouses, retailers, and consumers. The supply chain covers all roles involved in obtaining and satisfying a customer request within each company, such as a producer. A traditional supply chain may have many phases.
These supply chain stages includes:
Customers
Retailers
Distributors and wholesalers
Manufacturers
Component / Raw-material suppliers
Objective of Supply Chain
Every supply chain's aim is to optimize the overall value produced. The discrepancy between what the finished product is worth to the consumer and the expense the supply chain incurs in satisfying the customer's request is the profit a supply chain produces.
2. A brief profile of the different stages and of the different parties that feed into the chain
Process View of A Supply Chain
1. Cycle View- A supply chain's processes are divided into a series of cycles, each of which is performed at the interface between two stages of the supply chain. The following is a cycle view of the supply chain process:
Customer order cycle
Replenishment cycle
Manufacturing cycle
Procurement cycle
2. Push/Pull view- A supply chain's processes are divided into two categories based on whether they are carried out in response to a customer order or in anticipation of a customer order. Pull processes are started and completed in response to a customer request, while push processes are started and completed in advance of customer orders.
Supply Chain Management in Global Environment
Company globalization has gotten a lot of coverage in recent years. Global rivalry is often cited as one of the key drivers of increased consumer demand for quality goods and services.
Drivers for Economic Globalization
A variety of factors have contributed to the globalization of the world economy over the last few decades, and as a result, the competitive climate in which companies function has changed drastically. Reduced tariffs, enhanced transportation communications and information technology, and globalization of goods and services are all drivers of globalization.
Dynamic Role of Sales Function in SCM
The position of the modern salesperson is rapidly evolving, and in many cases, conventional sales models are obsolete, inefficient, and counterproductive to SCM goals and objectives. While most sales companies concentrate on pre-sales activities, supply chain partners concentrate on relationship management and post-sales activities.
3. Details of issues arising along the chain that may hinder product delivery:
1. Lack of traceability
Many customers today consider traceability, or the ability to track a food product across all stages of the supply chain, to be more of a requirement than a request. Many customers today want to know where all of their products and ingredients, including trace ingredients, come from.
2. Inability to keep your products safe and of good quality Bottles of drinking water are inspected.
The strain on manufacturers to produce and deliver high-quality, healthy goods is rising these days.
Storage and warehousing activities that aren't up to scratch. Transportation delays. Industrial sabotage is a form of sabotage that occurs when there is unfavorable conditions.
3. Inadequate communication between parties
The food supply chain can be harmed by a lack of coordination and fragmented knowledge. This is due to the fact that multiple parties in the chain have little to no knowledge of one another's actions. Ineffective communication leads to inefficiency, waste, and distrust between suppliers and their customers.
4. Costs in the supply chain are rising
Energy and fuel prices are two of the most significant costs associated with operating a food supply chain. Freight and logistics. Personnel. Latest technology investment
5. In warehouses and stores, there is a lack of inventory tracking and control.
Inventory is one field where we see a big issue. Stock must be carefully controlled in order to reduce prices, improve quality, and attract consumers. If you have too much, it will spoil and go to waste. If you have too little, you will miss your clients.
4. Detailed recommendations for streamlining or improving the supply chain
1. Examine and improve supply chain processes.
A high-level process analysis is required to document the current state of the company and find ways to streamline supply chain operations. The process of integrating supply chains allows companies pinpoint where challenges emerge along the way, helping them to take surgical action and minimize costs even more while moving savings on to their customers.
2. Integrate data from the beginning to the end of the supply chain.
Any transaction is likely to include several systems, such as an enterprise resource management system, revenue forecasts, manufacturing resource planning systems, and financial systems. Knowledge must regularly be exchanged with parallel networks operated by consumers, partners, and suppliers.
3. Remove data that is duplicated.
Labor hours and resources are saved as redundant data entry systems are removed, and the resulting system is easier to manage. Data entry can now be performed in the field due to the proliferation of tablets and smartphones in the office, which speeds up knowledge processes and increases customer service.
4. Leverage existing systems
Many internal structures, which have been built over time, can be static, complicated, difficult to use, and difficult to integrate with newer systems.
5. Plan ahead of time
Streamlining supply chains allows companies to see past tactical order fulfillment and have a deeper understanding of potential consumer requirements. Analyzing and streamlining the supply chain is a learning experience that can help not only today's product deliveries, but also future customer support.
Rising efficiencies across the entire product life cycle is possible by streamlining the global supply chain. Companies become more flexible and profitable by improving the accuracy of demand forecasts and schedules, optimizing production lines, and lowering costs. An enhanced understanding of supply chain processes and data is an important first step toward effective optimization.