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Guide on How to Write University Essays, Courseworks, Assignments and Dissertations

Supply Chain Management and Logistics

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Logistics has always been a critical part as one of the 4 P’s in Marketing: Product, Place, Price and Promotion. The “Place” component ensures the product is at the right place, at the right time, in the right quantity and the right quality. According to the Council of Supply Chain Management Professionals (CSCMP), a professional organization for Logistics and SCM professionals, logistics is defined as: “the process of planning, implementing and controlling the efficient, effective flow and storage of goods, services and related information from point of origin to point of consumption for the purpose of conforming to customer requirements.” (Logistics.about, 2007)

 

It is a fallacy to assume that the best logistics strategy is to get the product from the supplier to the customer the fastest and always be in stock for all organizations. If this were true, most organizations would not be profitable today. The truth is, creating a logistics strategy is a balancing act which takes many variables into account. Here is a list of what needs to be answered before creating a logistics strategy. (Logistics.about, 2007)

 

Inventory Management:

 

Managing inventory in the supply chain is critical to ensure high customer service levels. However, it is also a very costly asset to maintain. Having the right amount of inventory to meet customer requirements is critical. Find out what inventory best practices reduce inventory costs across the supply chain. (Logistics.about, 2007)

 

Purchasing Practices:

 

In a typical organization, 80 per cent of the purchasing transactions represent approximately 20 per cent of the total pounds spent. Many organizations spend the same amount of money to process a 1,000 pound transaction as a 10,000 pound transaction. (Logistics.about, 2007)

 

Risk Management in Supply Chain Management Operations:

 

As outsourcing of Supply Chain Management and Logistics operations become more popular for firms, the management of risk will gain more importance. Variables such as fluctuating exchange rates, supply disruptions due to labour strikes and supplier bankruptcy may cause havoc in the supply chain. Implementing a solid risk management strategy will help reduce uncertainties. (Logistics.about, 2007)

 

Supply chain management is a cross-functional approach to managing the movement of raw materials into an organization, certain aspects of the internal processing of materials into finished goods, and then the movement of finished goods out of the organization toward the end-consumer. As organizations strive to focus on core competencies and becoming more flexible, they have reduced their ownership of raw materials sources and distribution channels. These functions are increasingly being outsourced to other entities that can perform the activities better or more cost effectively. The effect has been to increase the number of organizations involved in satisfying customer demand, while reducing management control of daily logistics operations. Less control and more supply chain partners led to the creation of supply chain management concepts. The purpose of supply chain management is to improve trust and collaboration among supply chain partners, thus improving inventory visibility and improving inventory velocity.

(Wikipedia, 2006)

 

References:

 

About.com, Murphy Dan  “Friction in the Supply Chain.”

Available from http://retailindustry.about.com/business/ retailindustry/library/uc/uc_wiat4.htm

 

About.com,“What is Logistics & Supply Chain Management?”

Available from http://logistics.about.com/od/ whatislogisticsscm/p/what_is_log_hub.htm

 

Wikipedia,“Supply chain management.”

Available from http://en.wikipedia.org/wiki/ Supply_chain_management

C/OM/64. Supply Chain Management: an overrated subject area?

C/OM/62. Supply Chain Management: Advantages and disadvantages

C/OM/61. Logistics Strategy of Brecon Carreg

S/OM/52. Logistics in Fed Ex and DHL

C/OM/59. Lean and Agile Supply Chain Management: Case Study of TORK UK Ltd.

C/OM/58. Case Study: General Electronic Medical System

S/OM/44. Supply chain management

C/OM/52. Discuss how the practice of supply chain management has become much broader than purely material procurement in recent years

C/OM/48. Managing Integrated Global Supply Chain

S/OM/51. Use of the Information Communication Technology (ICT) in Supply Chain Management (SCM)

S/OM/50. Logistics and supply chain management

S/OM/49. Improving customer service through warehouse operations

S/OM/43. Critically appraise the essential pre-requites for cross-docking, and highlight the key benefits to Wal-Mart

S/OM/42. Wal-Mart's supply chain practices

E/OM/43. Supply Chain Management (SCM) at Wal-Mart

S/OM/37. Supply Chain Management as a business system

E/OM/39. Evaluate how e-business and business process re-engineering are influencing the theory and practice of operations management in the supply chains of Food and PC's

E/OM/36. Supply chain management in Dell

E/B/221. Competitive Advantage at Dell: Knowing the Supply Chain Strategies at Dell Computer Corporation

E/EI/26. B2B and B2C marketing along the supply chain

S/OM/33. The Benefits of Effective Supply Chain Management

E/OM/29. Supply Chain Management in Wal-Mart

C/OM/43. Master's Dissertation. Supply Chain Management in China

E/OM/25. Role of engineering in supply chain management

P/OM/87. Logistics in Marks & Spencer

E/OM/23. Measuring supply chain and logistics performance of Coles Supermarket

P/OM/80. Role of logistics in strategic material management

P/OM/79. Nestlé: purchasing and supply chain operations

P/OM/77. Use of ICT in supply chain strategy: case study

P/OM/76. Supply chain techniques

C/OM/40. Proposal: Supply Chain Management in Chinese Electronic Companies

P/OM/69. Lean management: theory and practices

C/OM/38. Role of Websites in Supply Chain Management

P/OM/60. Logistics today: theory and case study

C/OM/35. Bluetooth technology and the creation of strategic flexibility and strategic options

P/OM/59. Definitions and role of supply chain management

C/OM/32. Lean, Agile and Leagile Operations: Supply Chain Management at Dell

P/OM/50. Supply chain management and customer service factor (CSF) at AEON

S/OM/27. Trace the influence of Henry Ford to todays supply chain relationships. What techniques and ways of working may be attributed to his ideas? Are they still relevant in the 21st Century?

S/OM/25. Importing Icelandic Shark from Iceland into the UK seafood market

C/OM/20. Zara's supply chain management approach

S/OM/22. The critical success factors in designing Jaguar's supply chain at Halewood - What are the further risks and challenges

S/OM/21. The impact of the Internet on Supply Chain Management - What are the likely future trends

S/OM/19. Project Proposal. Supply Chain Management of Online Flower Retailing in China

P/OM/22. Supply chain strategy of Dell Corporation

S/OM/15. Using Supply Chain Management for Business Improvement

E/OM/12. Supply Chain Management (SCM) and Customer Service Factors (CSF)

S/OM/13. The impact of changes in Supply chain, Operating processes and technology, Human resource management and quality on competitive strategy: The case of Taco Bell - a fast food company.

P/OM/20. Demand Chain Management

P/OM/18. Analysis of Tesco's supply chain and distribution management

P/OM/17. Power structure in Supply Chain management

P/OM/10. Analysis of logistics and its functions

P/OM/11. Discuss the view that Supply Chain Management and Logistics are synonymous.

P/OM/12 Buyer power within supply chain (case of fresh food supply)

P/OM/13 An Introduction to Supply Chain Management

P/OM/15. Implication of the future supply chain management

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