Question

In: Economics

Organization continuously face high degree of uncertainty within their external environment. For this reason strategy formulation...

Organization continuously face high degree of uncertainty within their external environment. For this reason strategy formulation had become a key for organizations to maneuver within the macro and micro environments. However ,a successful strategic formulation,as a procurement officer and with your understanding in strategic supply chain management, recommend to a known organisation for your choice how to successfully implement strategies

how to successfully implement strategies in an organization

Solutions

Expert Solution

The strategies in supply chain management (SCM) is very important in order to integrate the manufacturers, supplier , customers and distributor resulting in the accomplishment of production and distribution at lowest possible cost while meeting the needs of the customer but if the company is strgulling to achive success in implementing the strategies an managing the supply chian it should focus on the customzation , prodcution line , negotiable service levels , abundant channels and markets , variability in business cycles , pressure for faster innovations , tougher ,shorter product life cycles etc I will suggest following stretgies for proper implementation.

Starting with a major cause on which to work and adressing it with the employees and the CEO along togehter

managing the SCM with the whole focus on the customer

Getting on to the objective of the CEO

Controlling the tradeoff betweent service and cost

Ensuring the communication between the key stakeholders

Customization with undertsaning the risk of technology and its value

Have a good day !


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