Wednesday, May 15, 2019

Supply chain management Case Study Example | Topics and Well Written Essays - 1000 words

Supply chemical chain management - fortune Study ExampleThe marketing ara of Chemtech is primarily concerned with taking orders from the customer for their next months indispensableness. It then makes forecast and relays the same to the purchase department for timely delivery of the same. The department feels that need of effective planning by supply chain management is responsible for the problems in meeting the customers demands. settle 2 Chemtech needs to streamline its coordination between the departments and ensure that the logistic planning for at least triple months is made in advance. This would give the suppliers more time to make arrangements for slow moving products as comfortably as ensure availability of inventory that is often required at short notice. The company should in like manner show more confidence on its long term suppliers and help understand their problems. Logistics and supply chain is vital part of business strategy and therefore concerted effort s for efficient receipt and delivery of goods and function need to be implemented. Effective computerization of its various in house operations and functions would ensure tranquil flow of information leading to improved performance outcome. The computerization would also help to forecast the products requirement so that it can maintain the inventory and meet the requirements of the customers at short notice. Answer 3 The suppliers like Potash should seek trust and at least three months time from its customers like Chemtech for delivery of products which argon slow moving. The repeated threats of change in the suppliers by Chemtech have also significantly lowered the morale of Potash. As a result, the company has also started looking for fresh long term customers who could give them down-to-earth time margin to meet their demands. The three months advance order would also enable the company to outgrowth its shoot of products which could be required by customers at short notice. While suppliers maintain large stock of products that are in high demand, the short supply of slow moving products often becomes huge financial obligation for them. Hence, longer lead time for such products would facilitate the suppliers to coordinate its own logistics and supply chain. The linkages with external agencies are important part of logistics and supply chain management. Thus companies that are able to develop trust and reciprocal understanding would greatly benefit from long term relationship. (words 500) Case study 15.1 Answer 1 on that point general challenges and issues

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.