Purchase Solution

Supply Chain Management

Not what you're looking for?

Ask Custom Question

Details: Canbide managers and directors came up with some topics that you are required to respond to for all to see, review, and comment on. The topics are the following:

Supply Chain Management (SCM) has been a popular buzzword since the mid 1990s, and has had many variations of definition by many experts. It's now buzzed over to Canbide and is the topic of debate at the weekly analysts' meeting. What is your definition of Supply Chain Management?

After gathering the needed data, you have sub-contracted with a transportation management company to actually perform the analysis. This company will provide an unbiased, numbers based, recommendation of whether or not to proceed with the project. Should Canbide proceed with the project based purely on the numbers, or are there other factors, which need to be considered?

Purchase this Solution
Solution Summary

Supply Chain Management (SCM) has been a popular buzzword since the mid 1990s, and has had many variations of definition by many experts. It's now buzzed over to Canbide and is the topic of debate at the weekly analysts' meeting. What is your definition of Supply Chain Management?

Solution Preview

What is your definition of Supply Chain Management?

As per my definition, Supply Chain management essentially means managing the entire flow of goods, be it raw material, semi-finished products or final product, right from the procurement stage to the final delivery stage to the end customer. In fact, the process does not stop here. Now a days, SCM involves handling the returned goods as well. Therefore, in layman terms, SCM is concerned with ensuring smooth flow of raw materials throughout the organization with least inefficiencies, wastages, delays and minimal costs. SCM ensures that flow of materials and final products within the entire value chain in the organization provides significant competitive, operating and strategic advantage to the organization and is a critical factor in ensuring maximum possible customer satisfaction.

SCM has gained increased importance in ...

Solution provided by:
Sheetal Jain, PGDM
Education
  • BComm, University of Delhi
  • Post Graduate Diploma in Management (Equivalent to MBA), All India Management Association
Recent Feedback
  • "Thanks"
  • "Thanks"
  • "Very good! "
  • "thanks"
  • "Thank you!"
Purchase this Solution
Free BrainMass Quizzes
Operations Management

This quiz tests a student's knowledge about Operations Management

Employee Orientation

Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.

Change and Resistance within Organizations

This quiz intended to help students understand change and resistance in organizations

IPOs

This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)

Learning Lean

This quiz will help you understand the basic concepts of Lean.

View More Free Quizzes
Related BrainMass Solutions

  • Supply Chain Relationship

    606707 Supply Chain Relationship What is the general relationship that supply chain management has to any type of business operations and what do you feel could be some of the concerns with supply chain management when managing global business operations

  • Sustainable supply chain management

    on future directions for global supply chain management over the next several years.

  • Lean Supply Chain Management

    633285 Lean Supply Chain Management What is lean supply chain management? How does that figure into the future of supply chain management?

  • Logistics in the Business Organization

    Sell Supply Chain Management Upward Answer 1 Supply Chain Management Issues Supply chain management process is an important process for an organization.

  • The Organization's Supply Chain and Its Financial Chain

    The Supply chain 3. What do we mean by "supply chain management" and is this concept relevant to the financial supply chain? What is the set of relationships here? How do the relationships impact ERP design, implementation and management?

  • Benefits of supply chain management

    477881 Benefits of supply chain management Discuss the benefits of supply chain management. How does the implementation of supply chain management result in enhanced customer value?

  • Interfacing with Supply Chain

    Several processes in supply chain management become possible with the utilization of Internet in supply chain management.

  • supply chain management

    335110 Factors that contribute to the successful implementation of supply chain management What are the salient factors that contribute to the successful implementation of a supply chain management initiative?

  • Wal-Mart strategic supply chain model Problem

    Before writing about supply chain model, it is good for us to know about supply chain management.

  • E-Commerce

    of 'Supply Chain Management' more crease free. // Role of E- Business in Global Supply Chain Past hiccups in supply chain management like high transactional cost, poor availability of information, management of interface between functional organizations

View More Related Solutions