Reference no: EM132227662
Understanding Supply Chain Management in Your Business Strategy
It’s now time for you to consider supply chain management (SCM) and SCM systems within the context of business strategy. Prior to answering the following questions, pick any organization you wish and prepare a one-page summary of who it is, it’s primary customers, and how it attempts to differentiate itself in the market.You are free to choose any organization that provides products to its customers.That is, stay away from organizations that primarily provide services such as financial service firms, insurance firms, and the like.Good candidate organizations may include Microsoft, Coca-Cola, Nordstrom, Wal-Mart, and the like.
Above-the-line versus below-the-line: In what ways could your organization use its supply chain management system to support above-the-line initiatives? In what ways could your organization use its supply chain management system to support below-the-line initiatives?
Porter’s Five Forces Model: In what ways could your organization use its supply chain management system to (1) reduce buyer power as a supplier, (2) reduce supplier power as a buyer, (3) reduce the threat of substitute products or services, and (4) reduce the threat of new entrants?
Value Chain: Within your organization, would supply chain management be seen as a support value process or a primary value process? Please justify your answer.