Essay on Relationship Between Resilience And The Supply Chain Management

Essay on Relationship Between Resilience And The Supply Chain Management

Length: 1092 words (3.1 double-spaced pages)

Rating: Better Essays

Open Document

Essay Preview

Chapter 2. Literature Review
The purpose of this study was to examine the relationship between resilience and performance in the supply chain. The review of the literature includes SCM, SCRM, disruptions and vulnerabilities to the supply chain, supply chain resilience strategies and supply chain investment. The organization of the review flowed from broad categories to focused strategies to present resilience strategies within the wider perspective of SCM.
Supply Chain Management
Strategies to achieve resilience within the supply chain are elements within wider efforts of management within the supply chain. Supply chain management incorporates logistical functions, customer management, and organization among participants. The objective of SCM is to enhance efficiency in the movement of goods and product information from the manufacturer to customers (DiGiacomo & Patrizi, 2010). The broad area of supply chain management was a logical starting point for an examination of the literature focused on the nature of supply chain management and emerging key topics. Relevant topics in SCM add to understanding resilience.
Researchers concluded the application of improved SCM techniques led to increased performance, yet need to determine which techniques are most beneficial (Paulraj, Chen, & Lado, 2012). By collecting perceptions of 200 managers of US manufacturing companies, Paulraj et al. found three distinct clusters of SCM techniques, relational, transactional, and translational. There was no significant difference with cost element of performance, but SCM practices in the relational cluster leads to increased performance in non-cost elements, followed by translational and relational (Paulraj et al., 2012). This study highlighted the im...

... middle of paper ...

... reliable performance was one of the main attributes influencing the choice of logistics service providers (LSP) in the supply chain, and professionalism was not an essential factor. Hartmann and DeGrahl (2011) determined through analytical model that flexibility is a significant factor of customer loyalty for logistics service providers.
Supply chain security
Supply chain security is a subset of SCM. Speier et al. (2011) conducted a mixed methods study to determine key consideration supply chain design for security and product safety and found management compliance with standards, degree of complexity, risks to the good, and inter firm integration were key factors in the scope of security initiatives. Speier et al. also grouped security and safety initiatives into managing the following: security process, trusted providers, and partners and trading information.

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Supply Chain Management ( Scm ) Essay

- Throughout this assessment, different views of the proposed analytical frameworks will be analysed, as well as insights from other authors about Supply Chain Management, Global Supply Chains, Global Value Chain and Global Production Networks, in order to more clearly understand the complexity of the themes addressed. Supply chain Management: Regarding Supply Chain Management (SCM), there are two different frameworks, each one with its view. The first, focused on a mainstream view, is developed by Martin Christopher while the second one is presented by Andrew Cox and it develops a more critical approach....   [tags: Supply chain, Supply chain management]

Better Essays
1411 words (4 pages)

Supply Chain Management Success ! Essay

- Supply Chain Management Success. Organizations today all consist of three main functions. These functions include marketing, operations, and financial accountability. Marketing generates the demand through the promotion or sale of a product or service. The operations is the backbone of any organization, which involves the creation of the product, the movement of the product, and final delivery of the product. The financial accountability is ultimately, how the organization is doing financially concerning accounts receivable and accounts payable....   [tags: Supply chain management, Supply chain]

Better Essays
889 words (2.5 pages)

What Is Supply Chain Management? Essay

- What is Supply Chain Management. This essay is about defining “what is supply chain management.” We will look into the different areas of a supply chain and the way they are managed. We will also study the way supply chains work on an international level. A supply chain is defined as the process that encompasses production from the raw materials all the way to the end customer. Supply chain management focuses on the overall flow and integrates the supply and demand management across the companies whom are involved in the specific supply chain, in order to deliver customer value at the lowest cost (Blanchard, 2010)....   [tags: Management, Supply chain management]

Better Essays
956 words (2.7 pages)

Introduction Of Supply Chain Management Essay

- Introduction 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)....   [tags: Supply chain management, Management]

Better Essays
925 words (2.6 pages)

Supply Chain Management : Customer Demands And Develops On Customer Relationships

- Nowadays, logistic is a vital need in business. It is the main way to connect the supply chain to the companies and to coordinate various operations. Waters (2003) outlined that logistic consists on the process of planning, implementation and control of an efficient performance, on the flow of materials or instant products in inventory, and related forward and reverse flow of products from the point of origin to the point of consumption into the consumer requirement. The aim of this project is to outline the customer expectations related to supplier and to evaluate the methods of dealing with non-expectations in the supply chain management....   [tags: Supply chain, Supply chain management, Logistics]

Better Essays
1145 words (3.3 pages)

The Concept Of The Supply Chain Management Essay

- In this essay, I will discuss the notion of Supply Chain Management through analysing the different types of supply chains. Next I will look at the concept of sustainability and how it applies to SCM. This will lead into the discussion that SCM also involves the process of New Product and Service Design as well as Strategic Capacity and Project Management. A supply chain entails various entities that are involved in the beginning to end business process of delivering a product (good or service) to its end consumer (Cooper, Lambert & Pagh 1997)....   [tags: Supply chain management, Supply chain, Logistics]

Better Essays
1236 words (3.5 pages)

Supply Chain Management Of Nestle Essay

- Introduction Sustainability of the supply chain has increasingly become a crucial aspect of corporate responsibility. Apart from being good for business, management of social, economic, and environmental effects of supply chain remains the right thing to do. Constantly changing markets have created complex landscapes that businesses must navigate to build sustainable supply chains. Sustainable supply chains aim at creating social, economic, and environmental value for all stakeholders throughout the supply chain....   [tags: Sustainability, Supply chain management]

Better Essays
1414 words (4 pages)

Essay on Le Supply Chain Management

- Continuous Improvement In present world, supply chain management plays an important role in businesses. In order to create efficient supply chain, the right approach is essential. This essay will explain Lean synchronization, one of the most popular supply chain philosophy, as the role of talent and technology, and four principles to success in continuous improvement. There are various ways to improve supply chain in the competitive environment. Lean synchronization is considered one of the best techniques....   [tags: Supply chain management, Supply chain, Management]

Better Essays
997 words (2.8 pages)

Purchasing And Supply Chain Management Essays

- The goal, purpose, and range of purchasing and supply chain management is no longer seen as just a part of logistics or marketing, but as a strategic factor in the entire organization. The interpretation of a purchasing manager is to be highly motivated, not only to enrich themselves, but to set the agenda in figuring out where to go and how to get there. A complete idea of what this position entails whether an individual can become aware of attributes they must possess for accomplishing their companies missions....   [tags: Procurement, Supply chain management, Marketing]

Better Essays
1981 words (5.7 pages)

Supply Chain Management & IT Essay

- Supply Chain Management & IT Introduction Supply Chain Management (SCM) has become such an integral and essential part of every day business that entire fields of major are dedicated solely to it. SCM, pioneered by Wal-Mart, has grown in the last few years to include not only the management of the physical aspects of SCM, but also the electronic components, such as the Internet and many SCM tools, for instance SAP. Inventory being held across the retail supply chain at any one time amounts to $1 trillion, according to a report by Benchmarking Partners, based on U.S....   [tags: Supply Chain Management Papers]

Better Essays
1682 words (4.8 pages)