Explore BrainMass

Supply and Demand - businesses synchronized

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

How do businesses synchronize supply and demand on a global scale?

© BrainMass Inc. brainmass.com October 16, 2018, 7:42 pm ad1c9bdddf

Solution Preview

The supply and demand will be synchronized with the efficient supply chain management.
Supply chain management is the process of planning, implementing, and controlling the operations of the supply chain with the purpose to satisfy customer requirements as efficiently as possible. Supply chain management spans all movement and storage of raw materials, work-in-process inventory, and finished goods from point-of-origin to point-of-consumption (Wikipedia, 2006).

This concept has become increasingly popular and those organizations who are recognizing the importance of effective supply chain management are gaining significant competitive advantage over their competitors because of way they are configuring and managing their supply chain. It has got following three components:
(1) Demand Fulfillment?The objective of the demand fulfillment process is to provide fast, accurate, and reliable delivery-date responses to customer orders. Demand Fulfillment is ...

Solution Summary

The solution discusses how businesses synchronize supply and demand on a global scale.

Similar Posting

Supply Chain Models

Carrefour is one of France's largest retail companies. They operate as mini-markets, automotive centers, supermarkets, and warehouse stores. Carrefour's value chain is determined by the host country's purchasing. That is, the company customizes its supply chain operations according to the countries in which it operates. It appears that the organization uses both inbound and outbound logistics. That is, they receive and warehouse products (inbound) as well as warehouse and distribute the finished product (outbound). My question is, how does Carrefour's model differ from other supply chain models?

View Full Posting Details