Exam Paper For Distribution Managment

Q5. disclose the major concepts associated w/ fork over cosmic twine management 1. Describe the characteristics of hang on drawing string management [1]For translate Chain Management to be successful, it has to carry the following characteristics; A. Intra and Inter organizational Communication In fork over chemical chain of mountains management, communication and coordination plays very important roles as they strickle the movements in the supply chain partnerships; from supplier to shaper to retailer to end-user. Information technology, such as Internet, intranet, software practical application packages and finis support system, is mainly used to parcel out training with the firms customers and partners thus maximizing the supply chain performance. Intra and Inter Organizational Communication enable companies to visualise a global view of the market, which helps companies make better decisions that take up to high(prenominal) profitability. Maintaining an effective Intra and Inter establishmental communication in the supply chain management connotes an optimistic relationship within the organization and organisational performance. B. Organizational Flexibility Supply Chain Management has to be limber. As constant change happens in the environment, companies should be flexible to modify to what the market needs.

In the supply chain management, flexibility enables companies to offer to what the customer needs. A flexible supply chain has higher possibility of meeting customer expectations. And, this gives companies opportunity to institutionalise into impertinent revenue opportunities that improve ones organizational p erformance. C. take stock Management Th! is characteristic of supply chain management focuses in the Just-In-Time approach. JIT or Lean Manufacturing means that the company makes use of the tangle of air Production ( merely produce when its needed). Instead of spate Production, the supply chain minimizes waste by only producing what has been demanded or asked. This does not only reduce waste but turn out to improve...If you want to micturate a full essay, order it on our website: OrderEssay.net

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