StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Supply Chain Processes - Essay Example

Cite this document
Summary
This paper 'Supply Chain Processes' tells us that a supply chain is a system of activities, and resources involved in moving goods and services from suppliers to consumers in the market. The supply chain activities transform raw materials and natural resources into finished commodities that are delivered to the end consumers…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER96.7% of users find it useful
Supply Chain Processes
Read Text Preview

Extract of sample "Supply Chain Processes"

Supply chain activities make up processes, which may be described as cycles because it involves the constant flow of information, goods, services, and funds between different stages. The processes in a supply chain involve service providers and manufacturers, who produce goods and services for customers. The customers transfer funds to the manufacturers, who then convey a point of sales data as well as replenishment orders via trucks back to the stores (Sinha, 2009). The manufacturer transfers funds to the distributor after the products are replenished. The distributors provide pricing information and offer delivery schedules to the manufacturers. All these processes show that the supply chain activities are cycles that are interlinked and work for hand in hand.          The supply chain stages consist of various players who include customers, retailers, distributors, manufacturers, and the components, which are the raw materials suppliers. Each stage sometimes may not be represented in the supply chain because the chain would depend on the customer’s needs and the roles of the stages involved (Sinha 2009).

            The following processes are involved in the supply chain cycle; they include the customer order cycle, replenishment cycle, manufacturing cycle, and procurement cycle.

Supply chain processes

Schniederjans and LeGrand (2012) stated that the customer order cycle occurs at the customer and retailer level and this is where all processes are directly involved in receiving and filling the customer’s order. The customer starts the cycle at the retailers’ shop by ordering what goods they need, and the retailer works on fulfilling the customer’s demand. This interaction between the retailer and customer ends when the customer receives the order.

The replenishment cycle occurs at the retailer and distributor level and includes all the processes involved in replenishing the retailer’s inventory/ stock. The retailer is the customer in this case and places an order to replenish inventories to meet his and her customers’ needs or to make sure he or she has enough stock of the good quality of products available in the market (Fredendall, 2000).

The manufacturing cycle occurs at the distributor and manufacturer levels. It includes all the processes involved in replenishing the distributor or retailer’s inventory. The manufacturer responds to customers’ needs by producing goods in large quantities to ensure that the distributors and retailers have the commodities they need, and the customers’ needs are satisfied (Coyle et al.2008).

Coyle et al. (2008) stated that the procurement cycle occurs at the manufacturers and supplier level and includes all processes done to ensure materials are enough and available for production to be done following the schedules put in place by the company. Coyle et al. (2008) added that for a successful business transaction to take place the suppliers need to be included in the manufacturer’s production time schedules.

Processes interlinked

All these processes are interlinked and to produce a successful supply chain, these processes need to be integrated. The customer is an important part of the supply chain because all products are aimed at reaching the customers. The customer places an order and the chain end with a satisfied customer who has paid for his or her goods and services. Taylor (2004) stated that the primary purpose of the supply chain is to satisfy customer needs and, in the process, businesses can generate profits.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Describe the cycle view of supply chain processes and explain why Essay”, n.d.)
Describe the cycle view of supply chain processes and explain why Essay. Retrieved from https://studentshare.org/information-technology/1625454-describe-the-cycle-view-of-supply-chain-processes-and-explain-why-organizations-need-to-integrate-their-processes
(Describe the Cycle View of Supply Chain Processes and Explain Why Essay)
Describe the Cycle View of Supply Chain Processes and Explain Why Essay. https://studentshare.org/information-technology/1625454-describe-the-cycle-view-of-supply-chain-processes-and-explain-why-organizations-need-to-integrate-their-processes.
“Describe the Cycle View of Supply Chain Processes and Explain Why Essay”, n.d. https://studentshare.org/information-technology/1625454-describe-the-cycle-view-of-supply-chain-processes-and-explain-why-organizations-need-to-integrate-their-processes.
  • Cited: 0 times

CHECK THESE SAMPLES OF Supply Chain Processes

What Is the Right Supply Chain for Your Product

Functional products typically need effective Supply Chain Processes while innovative products require responsive processes.... Consequently, firms are shifting towards sustaining coordination with corporate stakeholders such as distributors and suppliers who play a pivotal role in the Supply Chain Processes.... "Analysis of What Is the Right supply chain for Your Product Article by Fisher" paper focuses on the article in which Fisher inquires about the right supply chain for one's product....
4 Pages (1000 words) Article

MIS Usage in Supply Chain Management (SCM)

This research study declares that supply chain management (SCM) focus on ascertaining a stable, reliable and transparent Supply Chain Processes.... As the paper, MIS Usage in supply chain Management (SCM), stresses integrating supply chain management and management of information systems results to increase in business efficiency because it ensures that proper coordination of all business components and a timely flow of information from the source of information to the end user....
8 Pages (2000 words) Research Paper

Do IT Investments Really Pay off

Investing in either one of them lead to inefficiencies in the Supply Chain Processes.... For providing such a facility, Dell of course needs mastery in its Supply Chain Processes.... The single foremost important thing for any organization that intends to be profitable in the long run is the effective management of supply chain.... For the proper management of supply chain, not just the investment in IT but more than that the need for the business processes to be inline with the information technology is important. ...
4 Pages (1000 words) Essay

Business Information Analysis

Since the implementation of information technology-based systems such as business decision support systems and others are aimed at improving and modernizing the business management activities and organizational decision-making processes.... The paper "Business Information Analysis" presents a detailed analysis of different features of information requirements and management decision-making business systems implementation regarding education and training....
7 Pages (1750 words) Term Paper

WEEK 1 DISCUSSION PART 1

The new design would involve a monitoring and evaluation department that would identify ideal Supply Chain Processes and actual deviations from the ideals.... The department would also explore periodic changes in Supply Chain Processes and identify significance of those changes with respect to consumers' expectations in order to eliminate inefficiencies and facilitate cohesion among involved processes and stakeholders.... A supply chain defines the path that resources follow up to delivery of a final product to a consumer and identifies roles of resources, personnel, technology, and information to the link between producers and consumers....
2 Pages (500 words) Assignment

Successful Supply Chain Processes

The paper "Successful Supply Chain Processes Require a High Degree of Supply Chain Integration Supported by the Integrated Information Systems" explores an integrated supply chain, the importance of integration towards making the supply chain as a successful part within the organizations.... mphasizing the pivotal role of information and technology in the modern supply chain management processes, the assignment tends to critically assess whether the 'successful Supply Chain Processes require a high degree of supply chain integration supported by the integrated information systems....
15 Pages (3750 words) Assignment

The Integration of Supply Chains Can Be Supported through the Use of Modern Data

The integration within the Supply Chain Processes often involves a strong collaboration of suppliers and buyers on the basis of common as well as shared information related operations.... In relation to the recent development of Supply Chain Processes, the integration mechanism consists of strategic, operational, tactical, and infrastructural levels (Lu, 2011).... The paper "The Integration of Supply Chains Can Be Supported through the Use of Modern Data" discusses the role of integration for organizations to stimulate appropriate controlling, organizing, and managing competencies of the supply chain activities, its development, data management....
14 Pages (3500 words) Coursework

Information Technology Infrastructure to Support the Processes of Supply Chain Processes

This capstone project "Information Technology Infrastructure to Support the Processes of Supply Chain Processes" presents the database as the most sensitive and most important component of a business.... ObjectivesThe paper aims to implement an information technology infrastructure to support the processes of Supply Chain Processes when booking a car from a typical car dealer (Marinagi, Trivellas & Sakas 2014).... The goals of the report are:Examine the chain processes of booking a car from a typical car dealer;Determine the suitable technology needed for each of the processes; andRecommend the best provider of technology out of the sellers that are suggested....
24 Pages (6000 words) Capstone Project
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us