Role of Responsiveness in Managing Supply Chain Complexity
| Research Area: | Volume 5,Issue 1, Jan. 2016 | Year: | 2016 |
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| Type of Publication: | Article | Keywords: | Responsive Supply Chain, Global Manufacturing Strategy, Pull Production, Resource Based Theory |
| Authors: |
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| Journal: | IJEIR | Volume: | 5 |
| Number: | 1 | Pages: | 143-147 |
| Month: | January | ||
| ISSN: | 2277-5668 | ||
| Awards: | A supply chain consists of all parties involved, directly or indirectly in fulfilling a customer request. The supply chain includes not only the manufacturer and suppliers but also transporters, warehouses, retailers and even customers themselves. The objective of every supply chain should be to maximize the overall value generated. The value a supply chain generates is the difference between what the final product is worth to the customer and the costs the supply chain incurs in filling the customer’s request. Order winning is the essential condition to generate value to the supply chain. And for order winning the supply chain must be a responsive supply chain. In this paper we shall discuss how to make a responsive supply chain under global manufacturing environment. We shall discuss concepts and practices requested in required in responsive supply chain. We shall discuss role of sharing information with customers, collaboration with suppliers and use of advance manufacturing technology etc to make pull based production to achieve responsiveness to the supply chain. Integration of inter organizational resources are necessary to achieve pull based production system. Here resources stand for technical and relational both. |
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| Abstract: | A supply chain consists of all parties involved, directly or indirectly in fulfilling a customer request. The supply chain includes not only the manufacturer and suppliers but also transporters, warehouses, retailers and even customers themselves. The objective of every supply chain should be to maximize the overall value generated. The value a supply chain generates is the difference between what the final product is worth to the customer and the costs the supply chain incurs in filling the customer’s request. Order winning is the essential condition to generate value to the supply chain. And for order winning the supply chain must be a responsive supply chain. In this paper we shall discuss how to make a responsive supply chain under global manufacturing environment. We shall discuss concepts and practices requested in required in responsive supply chain. We shall discuss role of sharing information with customers, collaboration with suppliers and use of advance manufacturing technology etc to make pull based production to achieve responsiveness to the supply chain. Integration of inter organizational resources are necessary to achieve pull based production system. Here resources stand for technical and relational both. |
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