Saturday, June 22, 2019
Supply chain management Case Study Example | Topics and Well Written Essays - 1000 words
Supply orbit management - Case Study ExampleThe marketing area of Chemtech is primarily concerned with taking orders from the customer for their next months necessary. It then makes forecast and relays the same to the purchase department for timely delivery of the same. The department feels that lack of effective planning by supply drawing string management is responsible for the problems in meeting the customers demands. Answer 2 Chemtech needs to streamline its coordination between the departments and ensure that the logistic planning for at to the lowest degree third months is made in oust. This would give the suppliers more time to make arrangements for slow moving products as well as ensure availability of inventory that is practically required at short notice. The company should also show more confidence on its long term suppliers and help understand their problems. Logistics and supply chain is vital part of business strategy and therefore concerted efforts for efficie nt receipt and delivery of goods and services need to be implemented. Effective computerization of its various(a) in house operations and functions would ensure smooth flow of information leading to improved performance outcome. The computerization would also help to forecast the products requirement so that it can maintain the inventory and meet the requirements of the customers at short notice. Answer 3 The suppliers like Potash should seek trust and at least three months time from its customers like Chemtech for delivery of products which are slow moving. The repeated threats of change in the suppliers by Chemtech have also significantly lowered the team spirit of Potash. As a result, the company has also started looking for fresh long term customers who could give them realistic time margin to meet their demands. The three months advance order would also enable the company to increase its line of reasoning of products which could be required by customers at short notice. Whil e suppliers maintain large stock of products that are in high demand, the short supply of slow moving products often becomes huge liability for them. Hence, longer lead time for such products would still the suppliers to coordinate its own logistics and supply chain. The linkages with external agencies are important part of logistics and supply chain management. Thus companies that are able to develop trust and common understanding would greatly benefit from long term relationship. (words 500) Case study 15.1 Answer 1 There general challenges and issues
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