Supply Chain Integration

1172 Words3 Pages
bulb-icon

Recommended: What advantages did SAP's ERP

In a world dominated by large businesses it is difficult for a small business owner to compete. One of the major obstacles any company faces is figuring out how to have an effective supply chain. With the Enterprise Integration Act of 2002, the government will support the integration of data between manufactures, assemblers and suppliers and provide supply chain standards. The main improvements standardization will bring in regards to supply chain management are reduce overhead costs, increase production and provide a higher level of quality management.

The Enterprise Integration Act of 2002 proposes that the National Institute of Standards and Technology (NIST) be in charge of implementing an enterprise integration process with manufactures geared toward increasing efficiency and lowering costs. The goal is to have a central agency that can connect and integrate small and large manufacturing companies to create a standard for electronic data exchange. “This kind of integration will help large and small businesses in the industries supply chains to reduce costs and design cycles” (United) Through electronic technology companies can produce a supply chain that meets the constant change in customer demand. Establishing such a supply chain requires standards and enterprise integration. Manufacturers will need to invest in compatibility software that allows data exchange throughout all stages of the supply chain. “The intent of standards is to streamline interaction throughout a supply chain, to speed up transactions, and to reduce inventory and delays. If a big automaker, for instance, changes a design specification in a bumper, its suppliers could quickly and easily see how the new specification affects their components” (...

... middle of paper ...

...calls for $47M to help accelerate

integration efforts, by Patrick Thibodeau retrieved 27 May 2012 from:

http://www.computerworld.com/s/article/75092/Supply_Chain_Standards_Up_for

_Federal_Funding

Why isn’t IT spending creating more value?, How to start a new cycle of value creation

Retrieved on 27 May 2012 from: http://www.pwc.com/en_US/us/increasing-it-

effectiveness/assets/it_spending_creating_value.pdf

The Globally Integrated Enterprise, by Samuel J. Palmisano Foreign Affairs, May/June

2006, retrieved 27 May 2012 from: http://www.ibm.com/ibm/ideasfromibm/us/

integration/010607/images/leaf1/The_Globally_Integrated_Enterprise.pdf

SAP SOLUTIONS FOR ENTERPRISE INFORMATION MANAGEMENT, DATA

INTEGRATION AND DATA QUALITY MANAGEMENT, retrieved 27 May

2012 from: http://www.sap.com/solutions/enterprise-information-

management/data-integration-dqm/index.epx

Show More
Related

  • Supply Chain Management at Gulf Stream

    1345 Words  | 3 Pages

    Gulfstream Aerospace is one of leading corporate jet manufacturers in the world. They have been building jets since the late 50’s and continue to create top of the line aircraft which have become the status symbol of success. With their success comes an extensive company infrastructure and supply chain. First, we will discuss how Gulfstream uses the location to maximize the effectiveness of its supply chain. Then we will look at the business case for Gulfstream’s approach to its supply chain, and in particular, does it make sense to have a car follow supplies while it is on the rail system. Finally, we will look at Gulfstream’s to the “just in time” manufacturing and its strategic approach to choosing locations.

    Read More

  • Supply Chain Case Study

    1304 Words  | 3 Pages

    On the same note, it is well acknowledged that the competitiveness of any organization fundamentally depends on the workforce. Indeed, the workforce is recognized as the heart or living organism of any organization including hotels. It goes without saying that there is minimum likelihood that a restaurant where workers operate in unsafe conditions or are mistreated will offer services and products of the highest quality. Scholars note that employees always desire to work in institutions or restaurants that have high standards of integrity and strive to do the appropriate thing (Fox & Vorley, 2004 pp. 33). This is especially so for the new generation workforce, as well as in attracting the best talent in the industry. A reputation for responsibility and integrity has been recognized as crucial in motivating, as well as recruiting staff especially considering that individuals care about the principles and values that their employers wish to uphold. Scholars note that operating voluntarily to high ethical standards pertaining to environment and social responsibility can result in competitive advantage (Schlegelmilch et al, 2004, pp. pp 254). Customers and civil society groups have been increasingly vigilant in determining whether there is an ethical lapse in the manner in which employees are treated within the supply chain of any organization (Fox & Vorley, 2004 pp. 33). In fact, they have been pressurizing restaurants and other business entities to cut ties with any organization in their supply chain that is not ethical in its treatment of employees. Scholars note that the impression that a restaurant or business entity would create in terms of public relations both on the stakeholders and the customers is highly dependent on the ac...

    Read More

  • Nt1330 Unit 1

    579 Words  | 2 Pages

    Supply chain management is connected with the flow of products and information between supply chain members and organizations. New development in technologies enables organization to get correct information easily in their premises. Technologies used are helpful in coordinating the activities which manage the supply chain. By this the cost of information is decreased because now we have increasing rate of technologies. In an integrated supply chain where product or raw material and information flow in a bi-directional we as managers needs to understand that information technology is more than just computers.

    Read More

  • Lockheed Martin Supply Chain

    1347 Words  | 3 Pages

    Lockheed Martin’s supply chain is responsible for approximately $11.2 billion annually with nearly 1,500 production suppliers and 900 non-production suppliers all over the world (Lockheed Martin, 2014). Lockheed Martin designed their supply chain using lessons learned from preceding programs, that addressed on-time delivery, and quality assurance. Once a contract is signed with a supplier, Lockheed Martin issues a Material Resource Planning requirement to initiate the procurement process. Engineers travel to each of the sub-contractors and perform quality and reliability testing on their components. ALIS has increased the overall effectiveness of the supply chain by automating tracking of parts. Lockheed Martin has also increased

    Read More

  • Optimizing Procurement and Inventory Management at Target

    735 Words  | 2 Pages

    It is important to identify the customer facing processes and use the demand chain with the supply chain in order to focus on the entire value chain for both the customer and the stakeholder (Walters & Rainbird, 2007). Understanding your customers and markets can help you determine where to look in the supply chain for efficiencies and opportunities and areas where you can improve. Therefore, the focus is primarily on customer’s product demands and service, quality, price competitive, while increasing performance and adding value. Target uses EDI software to make procurement easier and requires all suppliers to use EDI for the procurement process allowing them to ensure customer satisfaction by having state of the art technology that’s fast and

    Read More

  • Achieving World Class Business Performance

    864 Words  | 2 Pages

    The Global Manufacturing Revolution: Product-Process-Business Integration and Reconfigurable Systems, Yoram Koren, John Wiley & Sons, Inc. c 11/04/2010, ISBN: 0470583770, ISBN-13: 978047058377

    Read More

  • Wal-Mart Supply Chain Management

    2326 Words  | 5 Pages

    Retail super-giant Wal-Mart has fought its way to becoming the world's largest company. Much of their success can be attributed to providing a vast assortment of products at exceptional prices all under one roof. Wal-Mart began operations in 1964 and has since become the world leader in retail. Today, Wal-Mart is visited by 138 million customers per week at their 4,750 stores. Wal-Mart operates under four basic rules in order to satisfy such a large number of customers: Respect the individual, provide the best service to their customers, strive for excellence, and exceed customer expectations.

    Read More

  • B2B Versus B2C Supply Chains

    860 Words  | 2 Pages

    Have you ever wondered how all those products that you buy everyday get to those stores or how that website is able to ship you what you want? Have you ever wondered how all those companies have those products ready and waiting for you? Well I can tell you that they just don't appear out of nowhere! Businesses use what is called a supply chain to make it possible for them to provide the consumers with the products they desire and need. What exactly is a supply chain and how does it ensure that everyone gets what they need? In this paper we will define a supply chain and also take a look at business to business supply chains and business to consumer supply chains and see how they differ and how they are alike.

    Read More

  • The Role and the Importance of Supply Chain Management

    1624 Words  | 4 Pages

    This report has clearly in detail described the meaning, benefits as well as the need and challenges of the RFID in the supply chain system. While RFID comes with a larger magnitude of benefits than the bar code, it’s an expensive medium and comes at a price that may be prohibitive to many businesses. On the one hand, RFID is advantageous in different areas of the supply chain and does not require line-of-sight scanning; it helps in labor reduction, enhances visibility of products and processes , and helps in inventory management. On the other hand, RFID is an expensive solution, lacking benchmarks or standards, suffers from some adverse deployment issues, and suffers from major privacy concerns. However with the ultimate aim to see the establishment of item-level tracking which should act to revolutionize SCM practices, RFID is here to stay.

    Read More

  • Importance if Third Party Logistics

    1851 Words  | 4 Pages

    Ever increasing competition in today’s global markets, introduction of new products with shorter lifecycles, faster dissemination and proliferation of information and heightened expectations of customers have forced enterprises to invest in, and focus attention on, entire supply chains. Today, some companies are extending their reach outside of traditional supply chain boundaries to engage in activities that go beyond their own sphere of control. To do this, they organise competitive networks of enterprises to develop and access supply chain capabilities for those organisations that are part of such value-adding networks. The scope of this research report covers aspects ranging from in-house logistics, with a focus on productivity, cost-savings and functional excell...

    Read More

  • Global Supply Chain Management

    997 Words  | 2 Pages

    Lean manufacturing and just-in-time processing are great business strategies that can severely stress a supply chain. The supply chain and supply chain management is a critical operations management element for any major company to succeed and remain competitive in the global market. The supply chain is one of many pieces critical to maximizing value to the end customer and requires close management to minimize external impacts. If a company is relying on another company to supply the raw materials needed for their production line, then impacts to this other company could impact their supply chain. Careful risk management is needed to optimize performance. As a company expands into global markets and global suppliers, this risk and management challenge is multiplied. The global nature of the company could impact important activities such as transportation, funds transfers, suppliers, distributors, accounting and information sharing. Disruption to the supply chain can significantly reduce revenue, cut market share, inflate costs and threaten production. A major disruption would have obvious impacts to profit, but could have additional intangible impacts to the credibility of the company if products are not delivered on time.

    Read More

  • Pampers Case Study

    925 Words  | 2 Pages

    Supply chain management has been defined as that process that involves the management of information, materials, and all the finances that are handled within and across the entire supply chain process (Christopher, 2016). The management is usually done through out the entire supply chain management from that moment when the suppliers are involved through all the manufacturing activities, different distribution activities, and the way that the products are served to the final product consumer (Turban, et al., 2002). The process also includes all the activities that different organizations offers to their customers as after sale services for purposes perfecting their services and products towards their highly valued customers (Christopher,

    Read More

  • Strategic Management Assignment on Micromax

    3062 Words  | 7 Pages

    [8] Supply chain lessons for the new millenium: a case of Micromax informatics Integral Review –by Salma Ahmed, A Journal of Management-ISSN: 2278-6120, p-ISSN: 0974-8032, Volume 5, No. 2, Dec.-2012, pp 53-61) .

    Read More

  • Supply Chain Management At Nicholas Piramal India

    1618 Words  | 4 Pages

    UK Morepeth facility, the company’s ability to integrate over seas businesses and ramp up of

    Read More

  • Toyota Supply Chain

    2794 Words  | 6 Pages

    The business environment is increasingly becoming competitive and challenging. In the recent past, manufacturers have found themselves facing the threat of dwindling profit margins due to unfortunate global events such as the 2007 global financial crisis and the on going Europe economic crisis. The need to improve operation efficiency so as to ensure current and future investment yield the highest rate of return has therefore become extremely important. Manufacturers are now actively engaged in, managing their costs, Research and Development, adopting best procurement strategies, among other Actions. While such actions might eventually lead to positive results, additional business value can be achieved through proper management of the supply chain (Waymer, Ivanaj & Mussa 2009; Krivda 2004).

    Read More

More about Supply Chain Integration

Open Document