Reference no: EM133359254
Assignment:
Analyze each of the three shifts mentioned in the section on supply chain management (technology, visibility, and outsourcing).
Afterward, find a company that may have benefited from each of the trends that occurred during the pandemic, as well as a company that may have been impacted by each of the trends that happened during the pandemic, and explain how each of these companies' situations occurred. Include a suggested framework that you believe will be effective on supply chain management and come up with at least two proposed solutions for when the plan deviates due to unexpected disruption.
In addition, include a suggested framework that will be effective on supply chain management.
Resources
Koss, J. P. (2021). How integrated is the supply chain? Beverage Industry, 112 (1), 44.
- This article examines the significance of integrated supply chains in the beverage industry and guides how businesses can achieve greater integration. Making this resource available to MBA students to comprehend the significance of SCM is optimal. This article's author contends that integrated supply chains can increase efficiency, cost savings, and customer satisfaction. Utilization of technology, collaboration, and communication are significant factors that contribute to successful integration.
Mentzer, J. T., DeWitt, W., Keebler, J. S., Min, S., Nix, N., Smith, C. D., & Zacharia, Z. G. (2001). Defining supply chain management. Journal of Business Logistics, 22(2), 1-26.
- This article provides a thorough overview of supply chain management, including its definition, key concepts, and significant players. This article can be helpful in an SCM-focused MBA course. SCM manages a network of interconnected businesses engaged in the final provision of product and service bundles demanded by end customers (Mentzer et al., 2001). The authors identify several central SCM concepts, including logistics, procurement, distribution, and customer service.
Sarmah, S. P. (2016). Supply chain management strategies for effective channel coordination [Video]. IGI Global.
- This video explores using technology, collaboration, and communication to coordinate supply chain channels-a valuable resource for teaching MBA students about supply chain management. The author argues and articulates that effective channel coordination is required to maximize efficiency and reduce costs (Sarmah, 2016). The author also offers some helpful suggestions and illustrations for achieving this objective.
Worth, J., & Wilding, R. (2020). Route to net zero: A new supply chain model. Logistics & Transport Focus, 22(5), 36-38.
- This article explores the possibility of a new supply chain model that prioritizes sustainability and the reduction of greenhouse gas emissions. This article also discusses the potential for a new SCM model that prioritizes sustainability and the reduction of greenhouse gas emissions. As businesses and consumers become more concerned about their operations' environmental impact, this model is gaining importance. The authors present a case study of a company that successfully implemented a net-zero supply chain model.
Brockhaus, S., Fawcett, S. E., Knemeyer, A. M., & Fawcett, A. M. (2019). How to become a supply chain rock star. Supply Chain Management Review, 23(2), 42-49.
- This article provides tips and strategies for becoming a supply chain rock star, including the importance of collaboration, continuous improvement, and the application of technology. The authors provide advice and techniques for achieving supply chain superstar status, which allows them to capitalize on and comprehend more insights with an SCM framework.