Supply Chain Management : Case Study Essay

Supply Chain Management : Case Study Essay

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SUPPLY CHAIN MANAGEMENT
INTRODUCTION

According to Thompson (1999), a supply chain is the total combined set of production activities and commercial exchanges that are required to transform a raw material into a finished product in the hands of a consumer. Every product requires a supply chain and also every supply chain requires to be managed. It includes planning and managing of all the activities that are included in the procurement, conversion and the management sectors. The relationship with the clients, contractors, suppliers and any party that provides assistance for the completion of the project also forms part of the supply chain. This has been stressed by Kelly et al. (2009) mentioning that the best way to accomplish the success of the project is the communication and the cooperation of the suppliers and the contractors. The most common supply chains in construction are:
• Materials and products
• Professional services
• Building and Assembly skills
Keeping in consideration of that, Mumin Consulting Ltd. focusses on enhancing the 3 factors of construction that are Cost, Quality and Time (Smith, 2007) through the proposal that provides an SCM strategy.

Criteria for Selection of Suppliers
Professional Assertiveness
Mumin Consulting has recognised various long term relationships between various providers and has created a well-developed connection between the suppliers. This relationship was made by intensive reviews done by the company to discover the apt supplier to provide the desired supplies. The suppliers’ history of business assertiveness and their association with other companies were taken into account. The company has prioritised supply risk has the most important factor for the selection. Therefore suppliers th...


... middle of paper ...


...xpertise. Even though it is a D&B procurement system, Mumin Consulting would gladly accept any viable suggestions put forward by ICP at any stage of the project. This can ensure a strong relationship with the ICP so that the company can provide any assistance for other projects with them.
CONCLUSION
The objective of the Supply Chain Management proposal is to increase the efficiency of the various activities during the project. The 3 primary factors that the company wishes to enhance; cost, time and quality can be done by the company by stressing communication, not only within the suppliers but also, with the clients. This can lead to a trust between the ICP and Mumin Consulting that can be an advantage for working together for other projects. It can also strengthen the relationships between the suppliers too. This would tempt to prefer Mumin Consulting over others.

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