Rewired Supply Chain Synopsis of Case Study

Open, View, and/or
Download this Document

Total Length: 898 words ( 3 double-spaced pages)

Total Sources: 1+

Page 1 of 3

purchasing may be done based on the needs of the firm, billing is automatic and generated from the purchasing process; inventories are keyed in so that out-of-stock or backordered items are known immediately, transfers to and from particular departments are automatic, and at all times there is a real-time picture of the situation for management. In the case of a networked-based supply chain vendors may be evaluated based on past data and models made to ensure efficacy; while the accounting (cash) cycle may be compressed because of monitoring and accuracy in paying and ordering exactly what is necessary. Warehousing activities are easier to predict, as are the human resources necessary to ensure proper supply.

5. Increase supplier efficiency with real time information on firm/planned orders and forecasts. Use a "sense and respond" supply chain paradigm offers much more than many traditional approaches to supply chain management in that it enable the manufacturer to more effectively track and monitor the entire fulfillment process from order entry to proof of delivery. In essence, in supply chain management, entertainment, broadcasting, and marketing, "sense and response" attempts to put the right part with the right organization (or individual with message, product and service) in order to reduce various costs and out of stock items, excess inventory, poor customer service, low responses to advertising campaigns, inaccurate deliveries, and poor time management and use on both ends of the scale.

Stuck Writing Your "Rewired Supply Chain Synopsis Of" Case Study?

View All Our Example Rewired Supply Chain Synopsis of Case Study

Have A Custom Example Essay Written

In a way it is the next generation of the supply chain model because it attempts to use all sorts of data to more robust and efficiently move goods and services in a timely basis, resulting in a win-win situation for all sides.

Part 3 -- Measures of Effectiveness to assess progress/resolve issues - 1) regularly comparing aspects of service and performance with top performers, those who exceed standards; 2) identifying "gaps" in performance and taking aggressive steps to address those gaps; 3) using psychological techniques to think "outside the box" to bring a fresh approach in ways to improve performance and cost-management issues; 4) ensure that internal measurements take place and that a department in the organization is tracking performance and ensuring implementation of standards; 5) continual monitoring and reviewing of progress, net benefits, and re-establishing measurement criteria. Using these five methods will determine how organizations stack up against their own industry and competitors, as well as national and international standards. It will also ensure that businesses have the data to compare their methods with others, and use that information to improve or change their own processes (Watson, 2007).

WORKS CITED

Jongebloed, J. (2007). Focused Logistics -- "Sense and Respond Logistics."

Logistics Spectrum. 41 (3): 21-9.

Perera,….....

Show More ⇣

     Open the full completed essay and source list


OR

     Order a one-of-a-kind custom essay on this topic


sample essay writing service

Cite This Resource:

Latest APA Format (6th edition)

Copy Reference
"Rewired Supply Chain Synopsis Of" (2011, November 11) Retrieved May 27, 2024, from
https://www.aceyourpaper.com/essays/rewired-supply-chain-synopsis-47340

Latest MLA Format (8th edition)

Copy Reference
"Rewired Supply Chain Synopsis Of" 11 November 2011. Web.27 May. 2024. <
https://www.aceyourpaper.com/essays/rewired-supply-chain-synopsis-47340>

Latest Chicago Format (16th edition)

Copy Reference
"Rewired Supply Chain Synopsis Of", 11 November 2011, Accessed.27 May. 2024,
https://www.aceyourpaper.com/essays/rewired-supply-chain-synopsis-47340
   

Open, View, and/or
Download this Document
order custom essay example