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Management of Logistics :
It requires great planning and impeccable execution across
the whole chain.
It involves determination of locations
for distribution, management of inventory, transportation
etc besides laying down clear performance measurement
criteria for maintaining the standard of services.
Customer Management :
This needs to be properly organized so that the customer
gets the desired service. It may require aligning all the
supply chains under your command so that their combined
output meets the specific demand of the customer.
Process integration :
It is the most vital part, the fulcrum on which success of
the whole Supply chain exercise rests.
For its success it requires real time information sharing
among the chain partners and planning together for aspects
such as forecasts etc. across the chain.
Leveraging of Manufacturing and
Sourcing : It is not possible for the firms ,
even in a supply chain environment to manufacture
in-house, everything that is required across the chain.
Instead, outsourcing, lean manufacturing, Just in time (JIT)
etc need to be followed.
All these need proper linking
with each other to produce the desired effect.
Strategic alliances and
relationship management : Every chain partner
shall look from its own perspective in a supply chain
leading to strategic alliances across the chain. Once
formed these partnerships need to be developed through
effective relationship management |
