Decathlon supply chain management and logistics
Answers
Answered by
0
In 1982, Keith Oliver, a consultant at Booz Allen Hamilton (now Strategy),[8] introduced the term "supply chain management" to the public domain in an interview for the Financial Times.[9]
In the mid-1990s, more than a decade later, the term "supply chain management" gained currency when a flurry of articles and books came out on the subject. Supply chains were originally defined as encompassing all activities associated with the flow and transformation of goods from raw materials through to the end user, as well as the associated information flows. Supply chain management was then further defined as the integration of supply chain activities through improved supply chain relationships to achieve a competitive advantage.[9]
In the late 1990s, "supply chain management" (SCM) rose to prominence, and operations managers began to use it in their titles with increasing regularity.[10][11][12]
Other commonly accepted definitions of supply chain management include:
The management of upstream and downstream value-added flows of materials, final goods, and related information among suppliers, company, resellers, and final consumers.[citation needed]
The systematic, strategic coordination of traditional business functions and tactics across all business functions within a particular company and across businesses within the supply chain, for the purposes of improving the long-term performance of the individual companies and the supply chain as a whole[13]
A customer-focused definition is given by Hines (2004:p76): "Supply chain strategies require a total systems view of the links in the chain that work together efficiently to create customer satisfaction at the end point of delivery to the consumer. As a consequence, costs must be lowered throughout the chain by driving out unnecessary expenses, movements, and handling. The main focus is turned to efficiency and added value, or the end-user's perception of value. Efficiency must be increased, and bottlenecks removed. The measurement of performance focuses on total system efficiency and the equitable monetary reward distribution to those within the supply chain. The supply chain system must be responsive to customer requirements."[14]
The integration of key business processes across the supply chain for the purpose of creating value for customers and stakeholders (Lambert, 2008)[15]
According to the Council of Supply Chain Management Professionals (CSCMP), supply chain management encompasses the planning and management of all activities involved in sourcing, procurement, conversion, and logistics management. It also includes coordination and collaboration with channel partners, which may be suppliers, intermediaries, third-party service providers, or customers.[6] Supply chain management integrates supply and demand management within and across companies. More recently, the loosely coupled, self-organizing network of businesses that cooperate to provide product and service offerings has been called the Extended Enterprise.[citation needed]
A supply chain, as opposed to supply chain management, is a set of organizations directly linked by one or more upstream and downstream flows of products, services, finances, or information from a source to a customer. Supply chain management is the management of such a chain.[13]
Supply chain management software includes tools or modules used to execute supply chain transactions, manage supplier relationships, and control associated business processes.[citation needed]
Supply chain event management (SCEM) considers all possible events and factors that can disrupt a supply chain. With SCEM, possible scenarios can be created and solutions devised.[citation needed]
In many cases the supply chain includes the collection of goods after consumer use for recycling. Including third-party logistics or other gathering agencies as part of the RM re-patriation process is a way of illustrating the new endgame strategy.[citation needed]
In the mid-1990s, more than a decade later, the term "supply chain management" gained currency when a flurry of articles and books came out on the subject. Supply chains were originally defined as encompassing all activities associated with the flow and transformation of goods from raw materials through to the end user, as well as the associated information flows. Supply chain management was then further defined as the integration of supply chain activities through improved supply chain relationships to achieve a competitive advantage.[9]
In the late 1990s, "supply chain management" (SCM) rose to prominence, and operations managers began to use it in their titles with increasing regularity.[10][11][12]
Other commonly accepted definitions of supply chain management include:
The management of upstream and downstream value-added flows of materials, final goods, and related information among suppliers, company, resellers, and final consumers.[citation needed]
The systematic, strategic coordination of traditional business functions and tactics across all business functions within a particular company and across businesses within the supply chain, for the purposes of improving the long-term performance of the individual companies and the supply chain as a whole[13]
A customer-focused definition is given by Hines (2004:p76): "Supply chain strategies require a total systems view of the links in the chain that work together efficiently to create customer satisfaction at the end point of delivery to the consumer. As a consequence, costs must be lowered throughout the chain by driving out unnecessary expenses, movements, and handling. The main focus is turned to efficiency and added value, or the end-user's perception of value. Efficiency must be increased, and bottlenecks removed. The measurement of performance focuses on total system efficiency and the equitable monetary reward distribution to those within the supply chain. The supply chain system must be responsive to customer requirements."[14]
The integration of key business processes across the supply chain for the purpose of creating value for customers and stakeholders (Lambert, 2008)[15]
According to the Council of Supply Chain Management Professionals (CSCMP), supply chain management encompasses the planning and management of all activities involved in sourcing, procurement, conversion, and logistics management. It also includes coordination and collaboration with channel partners, which may be suppliers, intermediaries, third-party service providers, or customers.[6] Supply chain management integrates supply and demand management within and across companies. More recently, the loosely coupled, self-organizing network of businesses that cooperate to provide product and service offerings has been called the Extended Enterprise.[citation needed]
A supply chain, as opposed to supply chain management, is a set of organizations directly linked by one or more upstream and downstream flows of products, services, finances, or information from a source to a customer. Supply chain management is the management of such a chain.[13]
Supply chain management software includes tools or modules used to execute supply chain transactions, manage supplier relationships, and control associated business processes.[citation needed]
Supply chain event management (SCEM) considers all possible events and factors that can disrupt a supply chain. With SCEM, possible scenarios can be created and solutions devised.[citation needed]
In many cases the supply chain includes the collection of goods after consumer use for recycling. Including third-party logistics or other gathering agencies as part of the RM re-patriation process is a way of illustrating the new endgame strategy.[citation needed]
Attachments:
Answered by
0
Given the diversity of the challenges in their job, Supply Chain Managers need to be versatile, multi-skilled people, chameleonic in a way. A bit like the decathlon athlete, (s)he needs to perform well on a lot of different disciplines, not necessarily the best at each, but good enough to have a good shot at becoming the overall number 1 in the tournament. Inspired by the concept of the “T-Shaped Supply Chain Manager”, as it has appeared in various publications and was further developed by Inspired-Search, I will in a short series of blogs discuss the main important aspects of the Supply Chain Manager’s peculiar modern-day 21st century Daily Decathlon, as well as some of the main implications for the company. Here goes the first one, let the game begin!
Decathlon – Game 1: “SimCity™”
(A game in which the participants act as the mayor of a city which will have to be developed from scratch, starting with establishing an excellent holistic view on the development to be done, creating a well-functioning infrastructure within the available budget, while supplying a complete set of services to the citizens living in the city. The winner is the one who has the happiest citizens, while staying within budget)
The Supply Chain goes from raw materials to final customer, crossing the whole company and touching all of the supporting functions. The Supply Chain Manager needs to see the links between these functional areas within the company, but also be sensitive to trends and tendencies in society in general and the company’s direct markets and environments in particular. The skilled Supply Chain Manager understands that the show is not about him/her, even though (s)he can play one of the leading parts in it. In the end, Supply Chain Management is always at the support of the company, fulfilling customer requirements and company objectives as well as possible. This requires a sound basis of holistic thinking.
Decathlon – Game 1: “SimCity™”
(A game in which the participants act as the mayor of a city which will have to be developed from scratch, starting with establishing an excellent holistic view on the development to be done, creating a well-functioning infrastructure within the available budget, while supplying a complete set of services to the citizens living in the city. The winner is the one who has the happiest citizens, while staying within budget)
The Supply Chain goes from raw materials to final customer, crossing the whole company and touching all of the supporting functions. The Supply Chain Manager needs to see the links between these functional areas within the company, but also be sensitive to trends and tendencies in society in general and the company’s direct markets and environments in particular. The skilled Supply Chain Manager understands that the show is not about him/her, even though (s)he can play one of the leading parts in it. In the end, Supply Chain Management is always at the support of the company, fulfilling customer requirements and company objectives as well as possible. This requires a sound basis of holistic thinking.
Similar questions