Question

In: Operations Management

Which part of the supply chain link is responsible for managing it?

Which part of the supply chain link is responsible for managing it?

Solutions

Expert Solution

There are four main elements of supply chain namely integration, supply chain operations, purchasing and distribution

Integration is at the heart of the supply chain comprising of the heart and brain of it. Here there is a lot of coordination that happens with the rest of the supply chain to produce effective and timely results. Here the people in charge of integration are responsible for making sure that things are happening on time, cost and delivery constraints with utmost importance to quality. In short the people responsible for integration manage the supply chain.

Operations also play an important role keeping an eye on the company's output and hence the inventory. Business forecasting to predict and manage supplies by coordination with purchase team is a key activity performed by them.

Purchasing sources all materials through negotiations and building relationships with supplliers. They have to all the time keep an eye on the budget for purchase.

And finally distribution coordinates the entire logistics from packing department to dispatch to wholesaler and retailers through transporters.


Related Solutions

Managing the effectiveness and value of the supply chain has become a top priority. Supply chain...
Managing the effectiveness and value of the supply chain has become a top priority. Supply chain management focuses on aligning people, processes, information, and technology to a common set of goals and objectives across the supply chain of products and services to meet the needs of all industries, companies will drive increased profitability and efficiency.     In 2002, discount stores such as Kohl's, Target, and Wal-Mart were recording strong sales, while Kmart Corp.--the granddaddy of them all declared bankruptcy. Several factors...
In no more than 400 words, compare and contrast managing the supply chain, managing inventory, inventory...
In no more than 400 words, compare and contrast managing the supply chain, managing inventory, inventory models, and the nature of aggregate planning.
A channel of distribution is the part of the supply chain that focuses on getting the...
A channel of distribution is the part of the supply chain that focuses on getting the product to the ultimate consumers. Over the past 10 years, retailers have seen a shift from brick and mortar to online buying of goods by consumers. As a result, more than 7000 retailers have closed up physical shop this year. Please are some advantages and disadvantage of online versus on ground shopping. If you are hired to slow and increase the number of on...
what is the dimension Chain? what is the closing link,increasing link and decreasing link?
what is the dimension Chain? what is the closing link,increasing link and decreasing link?
Unit 7 Discussion Board The Federal Reserve is responsible for managing the country’s money supply. Monetary...
Unit 7 Discussion Board The Federal Reserve is responsible for managing the country’s money supply. Monetary policy affects the whole economy through interest rates. When the Fed increases the money supply, interest rates drop. When the Fed decreases the money supply, interest rates increase. This week you will discuss how you are affected by the Federal Reserve’s monetary policies. In your discussion, please consider the following questions or statements. Think about a recent purchase you made that required a loan,...
Supply chain management is a more inclusive concept of identifying, acquiring, positioning, accessing and managing the...
Supply chain management is a more inclusive concept of identifying, acquiring, positioning, accessing and managing the capabilities and resources that an organization requires to achieve its strategic objectives and goals effectively. The “future acquisition” concept requires affixing of long-term responsibilities that have a significant impact on objectives pursued by an organization. Directions: Describe supply chain management’s five concerns for future acquisition needs - for example, capital equipment acquisition, supplies contract, standard commodity, etc. In 500-750 words,
what are challenges of managing the otuosurced supply chain. Research Development Manufacturing Distribution M&S----this is the...
what are challenges of managing the otuosurced supply chain. Research Development Manufacturing Distribution M&S----this is the only one I need help on. Not sure what it stands for but its everything that happens after distribution. like storage and all. so this is where i need help.
Logistics - Supply Chain Management Discuss the impact of the supply chain drivers on supply chain...
Logistics - Supply Chain Management Discuss the impact of the supply chain drivers on supply chain performances. (facilities, inventory, transport, information, sourcing and pricing)
Nicole Holdaway sat perplexed. As director of supply chain operations at Best Inc, she was responsible...
Nicole Holdaway sat perplexed. As director of supply chain operations at Best Inc, she was responsible for making sure the right product was on the shelf for customers to buy. She was to do so at the lowest possible inventory costs. Until recently, she had felt pretty good about Best's ability to manage the inventory–service trade-off. After all, the company had invested millions in information technology to help managers track inventory from point of sale back to key suppliers' distribution...
      Which of the following would not be part of a value chain for...
      Which of the following would not be part of a value chain for a fast food restaurant? Multiple Choice Buying produce. Mopping the floor. Refilling the napkin dispensers. Hiring new cooks. All of the choices are a part of the value chain.   Which of the following choices correctly depicts activities that would be included in a manufacturer's value chain?   Research and Development Marketing Distribution A. Yes Yes No B. Yes No Yes C. Yes Yes...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT