Tuesday, April 7, 2020

Business Process Supply Chain Management

Table of Contents Introduction Supply chain management process Objectives of a supply chain process Best practices in supply chain management Improvement of supply chain process Conclusion Bibliography Introduction A business process is a well coordinated sequential task, undertaken to fulfill certain set objectives. Every stage is managed as it contributes to attainment of the set goals and objectives. Generally there are three sets of business processes they are; managerial processes, operational processes and supporting processesAdvertising We will write a custom assessment sample on Business Process: Supply Chain Management specifically for you for only $16.05 $11/page Learn More (Slack, Chambers Johnston, 2010). This papers analysis supply chain management process as a business operational process. Supply chain management process Supply chain management aims at providing goods necessary for production in a business. It starts from identifying t he materials required for various processes in the company and ends with the supply of those goods. It has a time frame; an efficient process must be completed within a set time frame. Objectives of a supply chain process A supply chain management is an internal operation whose results are felt by the internal and final consumer. It has the following objectives; To ensure that there are quality and quantity supply of goods and services To ensure that there is a Just in time delivery of goods and services Control the supply system and attain highest efficiency possible Reduction of transportation cost, lead time and warehouse costs Enhance customer service through provision of high quality goods. To attain the objectives above, a business should embrace best practices. Best practices in supply chain management The availability of quality and quantity supplies for manufacturing of goods and services leads to competitive advantage. For an efficient supply chain it should follow the f ollowing best practices; The process should establish supplier-company relation; this relation will mandate the supplier to supply good/service to the company of the right quality at the right time. It will also ensure that goods are supplied at an appropriate cost. Dependability of suppliers is important to ensure that business is conducted efficiently.Advertising Looking for assessment on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The process should develop mechanism that evaluates the quality of goods supplied. Quality levels should be set. The quality of raw materials translates to quality of finished products so their quality is of essence. A value determination mechanism should be set. One competitive strategy is production of quality goods and services. Adopt a just in time delivery; this means that goods are available when required. The company should undertake an internal audit to establish treads in busines s suppliers’ requirement and align the procurement department with them. The end result of a just in time strategy is adequate delivery at the appropriate time and bought at the best price possible. Utilizing computers is another best practice; computers assist in making purchasing decisions since it offers information about the reorder level, lead times and stock remains. This is important parameters in developing an efficient supply chain. Different commercial and homemade packages are in the market and thus a company should choose the one that fits it most (Reijers Liman, 2005). Improvement of supply chain process To improve supply chain management, a company should start by interpolating the gap in terms of inefficiency in their current processes. Market information should also be attained and establish reliable suppliers of goods and services. In case there is no procurement department, it should be established; however it must work in collaboration with other departmen ts while undertaking its tasks. When adopting an E-supply chain management process, the company should get expertise advice on the model that fits the company (Ward Glass, 2008). Conclusion Business process is aimed at attaining a certain objective in a business. It contributes to the attainment of the overall business objectives. It has a time frame that is predetermined and involves cost. Supply chain management has the main objective to ensuring that at any one time there are adequate supplies to a business, at an appropriate cost and place. Bibliography Reijers, H.A. Liman Mansar, S. (2005) ‘Best practices in business process redesign: an overview and qualitative evaluation of successful redesign heuristics’, Omega, 33 (4), pp. 283-306, Elsevier Science Direct Web. Web.Advertising We will write a custom assessment sample on Business Process: Supply Chain Management specifically for you for only $16.05 $11/page Learn More Slack, N. Cha mbers, S. and Johnston, R.(2010). Operations Management 6th Edition. New Jersey: Prentice Hall. ISBN: ISBN-13: 978-0273731603 ISBN-10: 0273731602 Ward Jr., M., Glass, L. (2008). â€Å"Inventory Management Systems†. National Petroleum News, 100(1), 24. Retrieved from MasterFILE Premier database. This assessment on Business Process: Supply Chain Management was written and submitted by user Blake Velasquez to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.