Chapter 1 Discussion This is the learning objetives for this week: Understanding

Question

Chapter 1 Discussion

This is the learning objetives for this week:

Understanding of how the Supply Chain function is integrated externally and internally

Supply chain systems functionality

How collaboration achieves efficiency

Please give me your thoughts about this questions bellow. Also, provide me an example. Please do not copy and paste from internet. Thank you.

1. You sit in the logistics department and compile performance reports that are sent out to customers worldwide. Your IT manager advises the company is purchasing and installing a whole new ERP system. What would you want to know prior to the installation?

2. We discussed the process of “postponement.” Give an example of how this might work in ONE of the following industries:

Healthcare

Appliances

Consumer electronics

Furniture

Explanation / Answer

Supply chain is the integrated process in the sense of internal factors which involved different departments such as production, sale or distribution and external factors such as suppliers. The goal of delivering the product or service to ultimate customers revolves around how the supply chain department works. Therefore, this process must be streamlined keeping in mind the target market and target consumers and an effective and efficient way of delivery of goods and services. Some people outsource the supply chain to new company which include warehousing facility, picking of goods from factory and delivering of the same to ultimate consumers.

Collaboration is beneficial in the sense when the company collaborate in vertical sector and both work in their competitive advantage. Cost is minimized, and efforts are reduced.

At first I will draft the business process suiting our type of company and accordingly software engineer will customize the system, then I will make sure that this software is integrated to every system such as conference room so that nothing is left, employees must know what is going on and how to do it further, therefore, customize training program would be there before implementation and their doubts to be answer.

Consumer electronic companies always have the risk associated relating demand of its product and supply. To mitigate the risk involved, they prefer postponement strategy. Real world example of this Dell electronics. They have diversified and created different divisions to take care of each segment. Retail department and sales and production department. Since the company needs time to adapt to the market changes and alter their policies as per the changes and make alteration in product. When there is expectation of change that may take place, company opt for postponement strategy to save the inventory and wastage of resources in case wrong product is manufactured until there is specific demand of the same.

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