Achieving Transportation Excellence
How is process improvement important to achieving transportation excellence? How might process improvement be extended to other areas of logistics planning? The transportation sector is continually evolving. Whether moving people or products by land, sea, or air, all transportation strategies need to balance proficient network design and operations with rising intricacy, government supervision, environmental accountability, security risks and demands for flexibility and performance from consumers. Transportation solutions saturate all facets of business and comprise about ten percent of all economic action. Global economic disruption and explosive fuel pricing are driving the need for more restricted operations, ground-breaking service offerings, and inspired business models. The capability to manage change and drive continual process improvements are vital to transportation enterprises that want to uphold competitive advantage and survivability (Transportation and Logistics, n.d.). Improvements in transportation process and technology enablement make available the most achievable way for most companies today to flush out supply chain costs and advance quality, reliability and customer satisfaction. Companies across nearly every industry sector are motivated to become supply chain management leaders. SCM leaders attain this rank in their markets by extensively dropping cycle times and operating expenses, increasing supply chain
In last week’s reading it states, “the primary goals of SCM are (1) to optimize service quality in terms of an organization’s internal information flow processes, while reducing costs and delivery time, and (2) to achieve increased efficiencies with regard to information flows and exchanges between the organization and its external parties, including all its vendors and suppliers” (Tann & Cobb, 2010, p. 72-73). Other elements of SCM is controlling redundancy, managing contracts, obtain products, maintain operational efficiency, order tracking, purchasing and inventory of supplies, and effectively communicating with suppliers and traders (Tann et al., 2010). There are many elements of a supply chain system, and
Supply chain management is not just about acquiring goods and services at the best possible price, but it is also about identifying possible disruptions to the supply chain and taking steps to mitigate them. SCRM is the management of supply chain risks achieved through coordination/collaboration of supply chain partners to ensure profitability and continuity (Christopher,
An ideal SCM integrates all aspects of logistics in a rapid manner attempting to achieve the objectives by using who, what, when, where, and why (the 5Ws) for accuracy and success. The focus of this literature will cover the history, functions, modifications and future of SCM, while also considering the literature and preceding research that was conducted in each area. This paper will enhance the readers’ understanding of the SCM in general along with the process and concepts of the subject. It will also enable readers to apply aspects of SCM in their respective line of business. The literature for this review is relative, ranging from one to three years old. Organizations must understand that Supply Chain Management can increase the company’s EBITA (Earnings Before Interest Taxes Amortization) or decrease it if used properly. An additional benefit of an optimal SCM is optimizing time from production to customer, which can increase customer base when the industry notice speed of delivery to customers.
The industry I currently employed in is the logistics industry for the federal government. In this paper, I will discuss how I remain competitive in my industry and how I would present myself to prospective employer’s. As an employee of the logistics industry my role as a Transportation Assistant is to help members of the Army and Civilians of the Army with transporting their house goods.
Supply chain management (SCM) is the supervision of materials, information, and finances as they move in a process from supplier to manufacturer to retailer to the cessation consumer. There are three crucial flows of the supply chain: The product flow, the information flow and the finances flow. SCM involves coordinating and integrating these flows both inside and between
The best organizations worldwide are discovering a strong new supply of competitive advantage. It 's known as supply chain management and it encompasses all of those built-in activities that bring product to market and create satisfied customers. The supply Chain management program integrates issues from manufacturing operations, purchasing, transportation, and physical distribution into a unified program. Positive supply chain management, then, coordinates and integrates all of these hobbies right into a seamless approach. It embraces and hyperlinks all of the companions within the chain. In addition to the departments within the group, these partners comprise vendors, carriers, third party companies, and information programs vendors.
Supply Chain Management (SCM) is a systematic integration of suppliers, Original Equipment Manufacturer (OEM), distributors and customers in order to produce and distribute the right quantities, to the right time, and at the cheaper cost, while satisfying the entire supply chain partners (Balsubramanium & Roosebelt). In simple words, it is a process of moving goods from manufacturers to a consumer. Today successful companies, uses softwares or web based application service provider (ASPs) to provide them a better supply chain solutions. Technology has been the life and blood in all the fields since many years but in supply chain, it is playing an extraordinary role. Not only by cutting the cost, enhancing
Supply chain management (SCM) is the coordination and integration of the process and activities performed by organisations in their supply chain. Its purpose is to fulfil the objectives of efficiency by integrating the whole system into productive activities that provide a continuous chain, which improves the overall competitiveness of the supply chain (Kumar, Amorim, Bhattacharya, & Arturo Garza-Reyes, 2016, p. 158). To add to this definition the
As we know, SCM represents the collaboration. No wonder companies that collaborate effectively across the supply chain have enjoyed dramatic reductions in inventories and costs, together with improvements in speed, service levels, and customer satisfaction (Luis B., Verda E. & Daniel S., 2012). Collaboration is an important characteristics for people in the supply chain industry to create more shared values than those who don’t collaborate. In the supply chain, suppliers are able to provide sufficient raw materials, manufacturers are able use the material to produce high quality of product; people in the logistic are able to manage the stock information. These series of works can only be done when people in all the parts cooperate with each other. If customers are satisfied with the services or products offered by the company, they will purchase more and then create further profit than before, thus, the company can have more capitals to cooperate with its suppliers in the long term; the suppliers are also capable to get great profits back, thus, the collaboration provide a win- win situation. A long term cooperation is the factor to tight the relationship between the company and the suppliers. Trust and consideration will be established when companies corporate with each other many times, and these will also make the work become more effective and reduce some unnecessary
Supply change management (SCM) is active in many organizations today. The purpose of SCM is to maximize the company value in order maintain a competitive advantage in the market place. As an Operational Managers (OM) it is essential to oversee the supply chain within an organization. The OM responsibility is to manage the supply chain flow, and to ensure the supply chain has a quality design in order to reduce cost and drive efficiency. (Reid & Sanders, 2010) An organization supply chain includes activities such as product development, sourcing, productions, logistics, material, and other information systems needed to coordinate the movement of goods from suppliers to manufactures, and to final customers.
Supply chain management is currently an important aspect in Management Information System. So much technology and brainpower have been used to improve the performance. In this decade electronic data interchange has made the process flexible, automatic warehousing and rapid logistics. Every organizations are trying to make their supply chain management more accurate using quick response, efficient customer response, mass customization, lean and agile manufacturing. (Fisher, 1997)
Supply chain management systems are information technologies that hold SCM. In the other terms, SCM systems’ purpose is reducing manufacturing costs, including the costs of organization resources and calculating inventory
The aim of this report is to perform critical evaluation field report relating to implemented operational Supply Chain Management (SCM) at the Sumitomo Machinery Corporation of America (SMA). The information in this report was gathered during the company’s Chesapeake, VA plant visit on 9th Feb. 2015. A detailed presentation was given by company’s US regional operations manager prior to plant visit followed by a question and answer session. All these helped in gathering the supply chain strategies at Sumitomo, highlighting the organizational drivers behind the development of SCM and state of the art SCM tools applied at the company manufacturing plant.
In today’s society “technology”, especially the internet has taken an important role in the Supply Chain Management sector of business, and majority of the companies involved in Supply Chain Management have adopted new and improve technologies to gain a competitive edge, and become leaders within their industry. Supply Chain Management has become one of the leading industries in business. Companies recognized that in order to get their products to retailers and consumers on a timely manner they have to implement successful Supply Chain Management strategies. Companies have to identify the opportunities and challenges their organization might face in order to prepare for the future. Moreover, companies have to realize that selecting the
Most people do not realize that the products filling the shelves in every aisle of retail stores are the result of supply chain management. Cumulative efforts of multiple organizations within a supply chain enable customers to fill their shopping carts with various goods. Today, managing supply chain activities in order to maximize customer value and gain competitive advantages in the marketplace is common business practice. This process involves streamlining the supply-side of businesses, which requires an effort by suppliers to cultivate and implement the most efficient and