Discuss the two different ways to view processes performed in a supply chain, cycle view and the push/ pull view. Which do you see as most efficient?
"A supply chain is a network of facilities and distribution options that performs the functions of procurement of materials, transformation of these materials into intermediate and finished products, and the distribution of these finished products to customers. Supply chains exist in both service and manufacturing organizations, although the complexity of the chain may vary greatly from industry to industry and firm to firm." By Terry Harison.
Supply chain management (SCM) is the oversight of materials, information, and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer.
The major challenges of supply chain management are:
- Making products or services available in a cost-effective manner with the desired quality.
- Making sure information is available easily to run the supply chain.
The Push/Pull and Hybrid strategies
Traditionally, two prevailing supply chain strategies have dominated the Industry. They are push and pull. In the last few years, however, new technologies have enabled the creation of a third strategy, a hybrid push-pull model that offers the ...
685 words to explain which is the more efficient view of the supply chain, including a look at hybrids. Reference included.