Question

Discuss the following supply chain trends/dynamics:-

Supply chain system

Answer 1

Supply Chain - Supply chain operations are basically transportation of ram materials from the vendors/ suppliers to the organization and shipment/ dispatch of finish goods from the organization to customer warehouse locations. This requires high skill set on transportation & logistics processes for management of shipments of materials from one location to another location.  

Supply Chain Design: Design of supply chain is defined as the design the optimized routes to enhance the flow of material shipment starting from the vendors to company and company to customers in an optimized and efficient ways to reduce the overall cost and resources with at competent lead time.

The design part is basically exploring the multiple options in the supply chain and finalizing the best cost effective solution for the supply chain which meets the lead time requirements and lowest possible resources.

Supply Chain System:

·        Transportation system: Transportation systems are the main way for the supply chain management and they provide the goods from one place to the other place.

·        Warehouse system: Warehouse system are the system in which goods are stored in the warehouse

Supply Chain Trends:

·        Organization owned small supply chain: Traditionally organization contains their own supply chain management means they have some small space for storing their goods

·        Outsourcing: Single Large SCM Network: Outsourcing is the single large SCM network that is spread all our the world through which we can transport goods from one place to another

Supply Chain Dynamics:

·        Changing market for SCM: Now a day’s market is continuously changing so day by day new changes occurs in the supply chain management so we can say that supply chain management is dynamic in nature.