Benefits Of Supply Chain Strategy

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Supply Chain Strategy Supply chain management has become increasingly popular among business managers. Many businesses have discovered the benefits of placing strategic alliances (or business linkages) throughout the supply chain (Roh, Hong, & Min, 2014). However, not all supply chains are created equally and different businesses require different supply chain strategies. Supply chain strategies need to match up with a firm’s target market and needs. Ideally, an organization’s supply chain strategy should be tailored to meet the needs of its customers (Meredith & Shafer, 2013). Customer response times vary, but an organization must determine the optimal response time its customers demand. When organizations consider the needs of the customer …show more content…

Companies strive to maximize any competitive advantage they can. A strategic supply chain based on a total system integrative perspective can create value for an organization. Viable supply chain strategies reduce costs while simultaneously meeting the customer’s needs. An organization’s supply chain strategy must be tailored to the needs of its customers (Meredith & Shafer, 2013). The optimal supply chain strategy must focus on maximizing a customer’s perceived value or maximizing the benefits a customer receives for purchasing a product or service (Meredith & Shafer, …show more content…

Strategic planning provides specific benefits to businesses in times of market uncertainty. The bible reminds us how uncertain life can be. James 4:13-14 (NRSV) states, “Come now, you who say, ‘Today or tomorrow we will go to such and such a town and spend a year there, doing business and making money.’ Yet you do not even know what tomorrow will bring. What is your life? For you are a mist that appears for a little while and then vanishes.” Tomorrow is not guaranteed. Many men in the bible though and acted in a strategic matter. Nehemiah was led by God to rebuild the walls of Jerusalem. The task of rebuilding the wall took 52 days and thousands of man hours to accomplish. Nehemiah 6:15 (NIV) states, “So the wall was completed on the twenty-fifth of Elul, in fifty-two days. The rebuilding of the wall was a tremendous display of project management and the rebuilding could not have been accomplished without a strategic supply chain. Thousands of pounds of rock and earth had to be moved and restructured to rebuild the walls of Jerusalem. The wall was rebuilt in a way that shocked the enemies of Jerusalem. Nehemiah 6:16 (NIV) states, “When all our enemies heard of it, and all the nations surrounding us saw it, they lost their confidence, for they recognized that this work had been accomplished with the help of our

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