What are the inter-connect factors introduced by cousins, Operation Management

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Q. What are the inter-connect factors introduced by Cousins?

Cousins introduced the following inter-connected factors to strategically affect supply chain management.

The 'strategic supply wheel' demonstrated by Cousin's:

  • Portfolio of relationships as an example builds high collaboration and keeps good relations along with suppliers.
  • Skills and competences as an example develop skills internally for effectual supply chain management, by perhaps training and recruitment.
  • Strategic performance measures as an example monitor and control supply chain management by using performance measures.
  • Cost-benefit analysis as an example CB analysis applied to whole new strategic approaches or new opportunities, to make sure they are financially justified.
  • Organisational structure as an example support effectual supply chain management by effectual organisation of staff.

 


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