¶ … Improvement of Supply Chain Management Tools and Processes for Ultimate Strategic Achievement of Success in Military and Civil Business
Today, both public and private sector organisations of all sizes and types are faced with the same need to optimize their supply chain management processes to the maximum extent possible in order to achieve and sustain high levels of performance and productivity. Because supply chain management systems are frequently highly complex, it is vitally important to understand how these systems operate and what factors contribute to their successful management. Moreover, innovations in information technologies have changed the manner in which companies manage their supply chains, but these innovations have introduced yet additional management challenges. In this environment, identifying opportunities to optimize the supply chain management process represents a timely and important enterprise. To this end, this study reviews the relevant literature to provide an overview of supply chain management and the importance of effectives supply chain management practises and a discussion concerning developing and maintaining good supply chain relationships with partners. In addition, an assessment of recent and current trends in information system and technology application requirements for supply chains is followed by an analysis of new initiatives and applications that are introduced in military organizations and the differences between performance achievement in military and civil sector organizations. Finally, an examination of the importance of supply and integrated logistical systems for achieving strategic objectives in military organizations and in comparison with the civil sector is followed by a summary of the research and important findings concerning these issues in the study's concluding chapter.
Table of Contents
Chapter 1: introduction to Supply Chain Management
Chapter 2: Literature Review and Methodology
Chapter 3: Developing and Maintaining Good Supply Chain Relationships & #8230;..
Chapter 4: Information System and Technology Application Requirements
for Supply Chains
Chapter 5: New Initiatives and Applications that are Introduced in Military
Organizations and the Differences between Military Organizations and Civil Sectors Better Performance Achievement
Chapter 6: The Importance of Supply and Integrated Logistical System for Achieving Strategic Objectives in Military Organizations and in Comparison with Civil Sector
Chapter 7: Conclusion
Chapter 1: introduction to Supply Chain Management.
Identification of supply chain management system
In sum, supply chain management can be defined as "the oversight of materials, information, and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer" (Chimni 2015, p. 2). In this context, supply chain management concerns the coordination and integration of these processes within and between all supply chain partners (Chimni 2015). Although every organization's supply chain is unique in some fashion, the overarching objective of any effective supply chain management system is to "reduce inventory (with the assumption that products are available when needed)" (Chimni 2015, p. 3). It is important to note, though, that even small- to medium-sized enterprises (SMEs) may have supply chains that are enormously complex. For example, Ogulin (2014) points out that reduced product lifecycles and altering management philosophy concerning supply chain management has grown increasing convoluted in recent years, particularly for multinational organisations. Taken together, it is clear that identifying the supply chain management system is just the first step in optimising it, and it is also essential to understand the importance of a supply chain system for an organisation as discussed further below.
Understating the importance of supply chain system for an organisation
Because a supply chain has numerous points at which business operations can be facilitated or impeded, formulating optimal supply chain management processes represents an important and timely enterprise for companies of all sizes and types. In the private sector, the importance of an effective supply chain system directly corresponds to how much profitability it provides. For example, according to Smith (2003), profitability remains the overarching consideration involved in the management of supply chains in the private sector because this is a prerequisite to any future success. It is therefore not surprising that a great deal of attention must be paid to how well a supply chain system is functioning to ensure that waste is eliminated and value is added at every opportunity. In this regard, Smith (2003) emphasises that consumers have become savvier with respect to how they go about selecting a vendor and organizations that effectively manage their supply chains will develop and sustain a competitive advantage. Therefore, it is reasonable to suggest that companies competing in the private sector that achieve optimal supply chain configurations will enjoy a competitive advantage over those companies that do not. For example, as Agas and Hussan (2008) also stress the need to...
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