Term Paper on supply chain management practices from a strategic viewpoint

The integration of supply chain management systems has been the subject of significant debate and discussion. As organizations seek to develop partnerships and more effective information links with trading partners, internal processes become interlinked and span the traditional boundaries of firms. Physical logistics become more dependent on information technologies, and these technologies can also become enablers of further cooperative arrangements. Firms are then faced with the management of an extended enterprise as a network of processes, relationships and technologies creating an inter dependence and shared destiny. The truly strategic nature of supply chain management thus becomes apparent for participating companies, with successful implementation becoming a source of competitive advantage.

Internship Report on Implementation and Impact on Supply Chain Management of Elite Paint

IMPLEMENTATION AND IMPACT ON SUPPLY CHAIN MANAGEMENT

Supply chain management is the active management of supply chain activities to maximize customer value and achieve a sustainable competitive advantage. It represents a conscious effort by the supply chain firms to develop and run supply chains in the most effective & efficient ways possible. Supply chain activities cover everything from product development, sourcing, production, and logistics, as well as the information systems needed to coordinate these activities. Supply chain management involves coordinating and integrating these flows both within and among companies. Supply chain management flows can be divided into three main flows: The product flow, the information flow & the finances flow.