Formal Report Presentation
Transcript: Supply Chain Management Formal Report By: Jordan Wilkinson What is Supply Chain Management? Supply Chain Management What is Supply Chain Management? According to Lambert & Cooper’s article (2000), “Supply Chain Management is the integration of key business processes from end user through original suppliers that provides products, services, and information that add value for customers and other stakeholders” (p. 66). Video Hayes (2019) Problems New Problems with Supply Chain Management Dealing with suppliers and contractors. Environmental issues with transportation. Companies look into the quality, cost, delivery, responsiveness, innovation, partnerability, and other such characteristics that can prove a supplier a worthy candidate for the company to conduct business with. There is no perfect equation that can be followed but only by establishing new relationships and seeing how they go with time. Dealing with Suppliers and Contractors Suppliers and Contractors The customer wants what they want when they want it. Supply Chain Management makes sure this can be done to please them and now the issue is becoming more and more with how the transportation is carried out. The most efficient means of transportation are not the fastest. Environmental Issues Environmental Issues According to Bhatt, Bector, & Appadoo (2014), “We shall briefly discuss strategic issues and new developments. For this, the problem taxonomy in this area can be divided in to three categories: supplier selection, supplier performance evaluation, and supplier contract negotiation” (p.12). With transportation there are now more efficient ways with the help of breakthrough inovations. Electric, automizations, and slow steaming are some that are implemented now and are being worked on. Possible Solutions Fixes Brittlebank, W. (2014) Bhatt, S., Bector, C., & Appadoo, S. (2014). Efficiency issues in supply chain management. Journal of Supply Chain Management Systems, 3(2), 9-16. Retrieved from https://hal.weber.edu/login?url=https://search.proquest.com/docview/1733231097?accountid=14940 Brittlebank, W. (2014). Reducing emissions and improving energy efficiency in international shipping. Retrieved December 8, 2019, from http://www.climateaction.org/climate-leader-papers/reducing_emissions_and_improving_energy_efficiency_in_international_shippin. Hayes, A. (2019). Supply Chain Management (SCM): What You Need to Know. Retrieved December 8, 2019, from https://www.investopedia.com/terms/s/scm.asp. Lambert, D. M., & Cooper, M. C. (2000). Issues in supply chain management. Industrial Marketing Management, 29(1), 65-83. doi:10.1016/S0019-8501(99)00113-3 References References