Management- Case study Example | Topics and Well Written Essays - 3000 words

Management- - content Study ExampleIn 1983 Benetton had sales of $351 million, from 2600 stores in Europe.The ply reach can be describe as the network, covering the various coiffes in the provision of products or goods to customers (Monks, 1996). It includes not only manufacturers and suppliers, entirely too transporters, warehouses, distributors, retailers, etc. The number of stages in the supply chain depends on the customers needs, and the role each stage plays in fulfilling their needs. furnish Chain Management (SCM) integrates procurement, operations and logistics to provide value added products or services to customers. telling management of the supply chain helps organizations meet customer requirements on time, with the desired quality specifications, in a cost-effective manner, through the coordination of different activities which transform lancinate materials into final products or services ((ICMR), Operations Management, 2003).Supply Chain Management can provide both tangible and intangible benefits to an organization. Tangible benefits include taxation growth, improved facility utilization, optimized inventory management, etc. Intangible benefits include improvement in quality, improvement in customer satisfaction, and enhanced customer and supplier techniques (Dilworth, 1992).Supply Chain Management has become on of the learn areas that organizations are focusing on to reduce costs and improve the efficiency of the production process (Chopra, 1992). quaternary key drivers of supply chain performance are inventory, transportation, facilities and information. They help determine not only the responsiveness and effectiveness, but also the strategic fit of the supply chain.Inventory - Inventory includes raw materials, work-in-progress, and finished goods in the supply chain. Inventory exists in organizations due to a mismatch between demand and supply. Inventory is also maintained to increase the responsiveness of organizations to sudden increases in customer demand. Transportation - Organizations use transportation to apparent motion components and products between the different stages of the supply chain. Transportation decisions are made on the mode of transportation and pass to use in the transfer of products from one point to another. Facilities - Facilities are the locations in the supply chain where the raw materials and finished goods are stored, and where work-in-progress materials are assembled or fabricated, and from which finished goods are distributed. Facilitys capacity and location has significant consider on the performance of the supply chain.Information - Sometimes, the value of information as a supply chain driver is undermined due to its abstract quality. However, in reality, it is one of the key drivers affecting the performance of the supply chain. As the supply chain is made up of various entities, proper coordination is the key to improving the efficiency of the supply chain system. The fl ow of information also affects the performance of other drivers. With proper information, organizations can predict the bar to produce, when it is needed and where it is needed. This makes the supply chain more effective and responsive to market demand.In order to service the needs of customers and fulfil their expectations and to meet the organizations