Purchase Solution

The Role Value Plays in Supply Chain Management

Not what you're looking for?

Ask Custom Question

To what extent does value play a role in supply chain management? Explain your answer.

Purchase this Solution
Solution Summary

This solution discusses the role value plays in supply chain management.

Solution Preview

Dear Student,

Below is a FULL draft of your assignment and you should now have the tools to do great. I hope that you are happy with my dedication to your work! :-)

Please be advised that the text of this work may be copy-protected©, but may be used as a good comprehensive sample or guide to aid you in customizing your assignment. Please be sure to cite the references listed herein.

Thanks and Good luck!

NOTE [As stated on Brainmass.com]: "We cannot do assignments for students. If it appears that this is what is requested, Postings may be Suspended."

---------------------------------------------------------------

Supply chain management is a significant determinant of competitive strength. "The Value Network" is basic theme in which companies manage networks of internal and external processes that create and add value. This demands an assessment of internal processes in terms of: (a) Do they create or add value, as the customer perceives it? (b) Are they world-class in terms of performance excellence? Today's information-driven, integrated supply chains are enabling organizations to reduce inventory and costs, add product value, extend resources, accelerate time to market, and retain customers.

David Bovet of HBR says that, "In order to effectively balance risk and opportunity, product manufacturers, distributors, and firms need to periodically rethink their strategies for going to market. There are two ways to strategically address the burgeoning nature of risk: (1) shorten the supply chain in order to reduce cycle time and disruption risk or (2) optimize the portfolio of supply chain sources and locations ...

Purchase this Solution
Free BrainMass Quizzes
Business Processes

This quiz is intended to help business students better understand business processes, including those related to manufacturing and marketing. The questions focus on terms used to describe business processes and marketing activities.

Academic Reading and Writing: Critical Thinking

Importance of Critical Thinking

Paradigms and Frameworks of Management Research

This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.

Situational Leadership

This quiz will help you better understand Situational Leadership and its theories.

Basics of corporate finance

These questions will test you on your knowledge of finance.

View More Free Quizzes
Related BrainMass Solutions

  • creation of a supply chain?

    428226 What effect does materials management have on the creation of a supply chain? What effect does materials management have on the creation of a supply chain? What role could a group purchasing organization (GPO) play in supply chain management?

  • Supply Chain Management

    Research and development department plays an important role for the companies in reducing the time of supply chain activities and attaining advantages from it// Supply chain management is a good source of comparative advantage.

  • Logistics Challenges

    Supply chain management is one of the key activities in the value chain of a company and can be source of a great competitive advantage.

  • Roles and Responsibilities - Retail Supply Management

    Role and Responsibilities of Supply Chain Assistant: Supply chain assistant plays a role of executor for the surety of supplying of product from suppliers to retail shop on time (Gunasekarana, Patelb & McGaugheyc, 2004).

  • supply chain: Relationship management

    Relationship management is important in managing the supply chain because the supply chain plays a critical part in ensuring the continuity and profitability of the business.

  • Role of Operations Management

    As per directions, now we will discuss about its role and what is the relationship between the Operations Management and Supply Chain Management.// Role of operations management: Operations management plays a vital role in managing major activities

  • Information Technology (IT) in Supply Chain Management (SCM)

    Information Technology (IT) in Supply Chain Management (SCM) Role of IT in Enhancing SCM In SCM, IT plays critical role in improving communication between the supply chain patters and simplifying complex supply chain.

  • Efficient Supply Chain Management

    The supply chain management plays an important role for organizations seeking to gain competitive advantage. Competitive advantage is obtained normally in two ways, either through low cost or through differentiation in product/service.

  • Wal-Mart's supply chain management

    Technology plays a key role in Walmart's supply chain, serving as the foundation of their supply chain. Walmart has the largest information technology infrastructure of any private company in the world.

View More Related Solutions