In: Operations Management
Discuss and describe how Dell Inc. implemented good or best supply chain practices to improve its business performance.
Dell Inc. is a successful company in the electronics industry, especially in the computer hardware segment. Supply chain efficiency is in fact one of the important factors that helped Dell Inc. in achieving its business objectives. Dell Inc. could implement a good supply chain to improve its business performance. The following are the ways in which they could create a good supply chain.
Industry Collaboration
The company collaborated with the other companies especially the suppliers in the electronics industry to have a better supply chain. It helped the company to consistently monitor and control the supplier performance. It also helped the company in meeting different challenges associated with the supply chain.
Recognizing Standards
The company is complying with all the laws and international standards in connection with the supply chain and it helped them to have a good supply chain.
Identifying Risks
The constant evaluation of the supply chain and the preparation of the annual audit plan for supplier facilities also helped Dell Inc.in the creation of a good supplier chain.
Corrective Action Plans
The corrective action plans made on the basis of the audit also helped in strengthening the supply chain of the comapny.
Capability-Building
Capability-Building with the help of training programs for suppliers helped the company to improve its supply chain.
Transparency and Accountability
Transparency and Accountability in the operations of the supply chain also helped the company to have a good supply chain. The company used various reports for facilitating this. It has made the supply chain-related data understandable and comparable for all the stakeholders of the supply chain of Dell Inc.
Please give Up-vote if you like the answer. Thank you.