Purpose – a growing body of literature has begun to recognise that in the era of supply chain management it is important to look beyond the flexible factory to the flexible supply chain this paper seeks to further our understanding of supply chain flexibility and provide a comprehensive review of the available literature. From the view of supply chain management (scm), a number of strategic options can be utilized to increase scf for example, multiple supplier relationships could be set up to enable organizations to find another backup supplier in case of supply breakdown, or to activate additional logistics channels if. Flexible supply chains can indeed flex their supply chain management muscles (pun intended) and show the strength that lies in them with transportation being a key ingredient in any supply chain, much of this strength comes from flexibility in transportation. Read more on the need for supply chain flexibility and inventory levels at our [email protected] blog from mit sloan executive education | mit sloan executive of engineering systems at mit he teaches in the supply chain strategy and management program, as well as in the advanced management program.
Published in: digitalization in supply chain management and logistics wolfgang kersten, thorsten blecker and christian m ringle (eds) isbn 9783745043280, oktober 2017, epubli sylvia mercedes novillo villegas hans– dietrich haasis supply chain flexibility and smes internationalization a conceptual. Collaborating with suppliers for greater resilience deep mangat, pgdom (2015- 17) 6 • not being able to deliver the increased output needed to address a huge order backlog is a potential threat to supply chain flexibility • collaboration helps manage financing, emergency contingencies, labor and. The article identifies resources, objects and parameters of supply chain flexibility and highlights the potentials of a strategic supply chain network to realize high supply chain flexibility the findings are relevant for both scientists and practitioners, who are interested in supply chain management.
Summary research question: the essential problem being analyzed in the present paper is the search for methods to assess or rather measure supply chain flexibility due to a multi-dimensional characteristic supply chain flexibility is particularly difficult to analyze and to evaluate with adequate performance measurement. The flexible supply chain: why solutions, strategies, and support must be flexible in today's global supply chain therefore, supply chain suppliers, manufacturers, and distribution centers must take a proactive role in disclosing any potential threats, or problems in manufacturing, such as the.
The study measures senior production or scm managers' perceptions regarding scm practices and performances of their companies the paper specifically investigates relationship be- tween scm, supply chain flexibility and business performance and these associations are analyzed through statistical methods such as. Abstract literature describes several developments in supply chain management flexibility is considered to be an important differentiator in the current market place several papers already emphasized the need for flexibility although little attention is paid to how operational activities incorporate flexibility in their supply. In an era when supply chain risks are soaring, senior managers are putting more of a premium on supply chain flexibility but they now need to view the concept as more than just adjusting manufacturing supply to demand—a narrow perspective that can lead to problems here's how managers can take a.
Inflexibility is the bane of an efficient supply chain ironically, the problem is often rooted in supply chain software that years ago was billed as delivering the flexibility that companies needed for fast and adaptable inventory and supplier management, distribution, sales, purchasing and manufacturing. The supply chain flexibility is defined as the speed in which the supply chain responds to changes in demand and the business environment this is in order to either create or preserve competitive advantage at leket israel, our core activity is food rescue and distribution to the needy managing the flexibility. The term supply chain management presupposes that there exists a supply chain to be managed with a focus on supply chains in which demand uncertainty is the key challenge, this dissertation develops strategies and models to aid in the design of certain supply chain features, namely capacity, flexibility and wholesale.
The “bullwhip effect” means that distortions in data cascade through a company's suppliers businesses must remain flexible to protect themselves the global downturn's speed and severity have significant implications for the supply chains of global manufacturers among steelmakers, chemical players, and some. However, the nature of strategic supply management and its impact on supply flexibility needs further clarification in the context of the use of supplier resources and supplier network coordination this research presents a model of supply management, supply flexibility and supply chain performance.
By gary hanifan, managing director, accenture strategy, operations strategy companies are faced with increasing demands from customers for highly customized products and services delivered at unprecedented speed as a result, flexibility is now just as critical as efficiency – and digital is the key to. How a flexible supply chain delivers value a flexible supply chain organization requires not only a strategic leader, but also input from managers who represent the traditional supply chain functions of planning, sourcing, manufacturing, logistics, and also sales and marketing, among others albert sun. It flexibility is an increasingly important factor in today's dynamic business environment however, earlier research lacks 1) an integrated framework that corresponds to diverse processes for supply chain management and 2) an explanation of how it flexibility affects firms' performance in the supply chain context. There are a handful of terms or concepts that seem to universally be at the top of every supply chain executive's wish list common ones these days include “ improved supply chain visibility,” “supply chain risk management,” and - the focus of today - “greater supply chain flexibility” sounds great i agree.