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Supply Chain Management: Opportunities & Challenges
Tags :
Logistics, supply chain logistics, Warehousing, Retail India, Retail Chains, Retail Industry, Retail Market, Retailing, Retail,supply chain management process,supply chain management industry,supply chain management services,supply chain management scm,scm,logistics supply chain management,
Industry :
Retail Chain/Logistics, FMCG/Foods/Beverage
Functional Area : Logistics & Supply Chain, Purchasing |
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About "Supply Chain Management: Opportunities & Challenges" topic:
Supply chain management process which has planning, implementing, and controlling the operations of the supply chain as efficiently as possible. Supply Chain Management which spans all the movement and storage of raw materials, work-in-process inventory, and semi-finished/finished goods from point-of-origin to point-of-consumption. But in the global meltdown like this we are faced with the challenge of reducing inventory and associated costs across the supply chain.
So the above issue requires excellent planning and usage of tools that can help simulate the scenarios and decide optimum inventory levels, demand forecasting, and perturbations in the manufacturing line. All these need to be achieved with a set of constraints in which the manufacturing plant operates. So what are some of the challenges and opportunities in the area of supply chain management. Let us discuss on this topic guys.
8 insight
, 20 debates
, 7 idea contests
, 9 question
on topic: "Supply Chain Management: Opportunities & Challenges"
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(rate this)
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Yes
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19
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No
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Ravindra Sharma
| Argues in support of
"Yes"
| 1 year ago
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RFID is as technology and like any other, how well it is utilsed decides the success, failures and modifications. As to the problem mentioned by Shailana, every new technology finds waiting and willing as also slow or unwilling acceptors, yet...
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George Varghese
| Argues in support of
"No"
| 2 years ago
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Dear Shailena Varma, RFID technology can be used in many fields from SCM to the State Security. It can be utilized to save the time and ease the operation. But it has an equal danger zone also. The radio waves can be used for theft, including...
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Abhra Chatterjee
| Argues in support of
"No"
| 2 years ago
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RFID is merely a technology which aims primarily to track consignment along the logistics channel. It makes cross docking and inter depot transfers much more easier. Its just a lubricant to smoothen the supply chain process a bit; but not a panacea.
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Debate: "Is RFID the one stop solution to the problems of SCM?" deleted from your view.
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1
Less Operational Cost
2
Continuous improvement
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ARAVINDAN
| Supported idea
"Less Operational Cost"
| 1 year ago
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I am struggling to understand how, if Green supply chain can reduce cost there is no wide spread adoption of the same.My gut feel is that the business case doesn't stack up for green supply chain barring a few exception. Unless we make non-green...
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Vijay Sharma
| Supported idea
"Continuous improvement"
| 3 years ago
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Vijay you are right, adoption of green SCM will definitely be a step towards continuous improvement. It will help the business grow..
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Ideate: "Why should a company go for green suply chain management?" deleted from your view.
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1
SCRM (4 Steps)
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Information Accuracy, Visibility and Accessibility
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KALIYAMOORTHY
| Supported idea
"SCRM (4 Steps)"
| 1 year ago
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Identification, Assessment, Evaluation, Implementation Review are the Look-ahead 5 step principles that help any Risk Assessor to take into consideration. Be it SCRM (Financial), Technical Feasibility study of Projects or for that matter any...
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Chetan Pancholi
| Added idea
"Method Study and Continuous Improvement ( Industrial Engineering)"
| 1 year ago
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If you want the successful supply chain risk management then you have to go through Industrial Engineering . Method Study is the best tool for any problems and any systems which you have to improve. Continuous improvement is only a options that...
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Mihir Jhaveri, PMP, CSCM
| Supported idea
"SCRM (4 Steps)"
| 2 years ago
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Hi Siddharth You are correct, FER (Foreign Exchange Risk) needs to added, for various servcies like procurement, tranportation, 3PL, Fowarding Agent, Legal Consel, etc...
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Ideate: "Supply Chain Risk Management Strategies" deleted from your view.
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Rural Retailing in India and its Challenges Understanding various formats, needs and opportunities By: Alok Sharma alok_sharma1@yahoo.com Current Face of Rural Retailing Complete utilization of space in traditional outlets • 46% of Soft drink sales, • 49% of motorcycle sales, • 59% of Cigarettes sales, • 59% of consumer durables sales, • 53% of FMCG sales, • 50% of BSNL mobile connections Consumption Contribution of Rural India An Example of Successful Rural Retail Model in Indian Context E-Choupal • Initial Objective: – To develop a Channel directly linking Farmers to Organization, thereby achieving access to target Soya producing markets and achieve organized buying over the current India...
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Rajat Jain
| Commented
| 1 year ago
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Rural retail has tremendous opportunity considering the Marginal propensity to spend is increasing in rural community. The over all realization in terms of Capex is also More in rural market than Urban . In a best case scenario a realization of...
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Rajat Jain
| Commented
| 1 year ago
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Rural retail has tremendous opportunity considering the Marginal propensity to spend is increasing in rural community. The over all realization in terms of Capex is also More in rural market than Urban . In a best case scenario a realization of...
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Insight: "Rural Retailing in India - Challenges & Opportunities" deleted from your view.
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(rate this)
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Hi Friends Kindly find my views and thougths why Supply Chain planning is needed for comapnies. If we are sure of this question, then we all understand the importance of the Supply Chain Planning. --'Delivery time to customer' is shorter than 'Lead Time' --Complex Supply Networks and Production Processes --Collaboration with multiple partners (Inbound as well Out bound) --Growing Customer Expectations of real time commitment --Unplanned Events and Exceptions --Balance actual customer demand with available supply --Optimize Supply Chain (Lean Supply Chain) --Balance optimize supply and demand --Achieving above in profitable and efficient way
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Anand Vishwakarma
| Commented
| 1 year ago
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@mr.amit hi bro ...no any buddy can help u if u wanna help then take help from yourself and wait for a good time....dont worry everything's will be fine whenever u will do better. :)
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Amit Karale
| Commented
| 1 year ago
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hello sir i need a job can anybody help me..........
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Insight: "Supply Chain Planning: Why do companies need it?" deleted from your view.
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I have come across excerpts on book titled “42 Rules of Marketing” by Laura Lowell. She is passionate about helping companies be heard; to get the right message to the right customer at the right time. As a sought after consultant, author, and speaker in Silicon Valley, Laura has shared her pragmatic approach. I hope readers and contributors will both enjoy the tips. “42 Rules of Marketin “42 Rules of Marketing” By Laura Lowel who is passionate about helping companies be heard; to get the right message to the right customer at the right time. As a sought after consultant, author, and speaker in Silicon Valley, Laura has shared her pragmatic approach. Rule 1 Rules are Meant to be Broke...
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Davies francis
| Commented
| 1 year ago
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its a lesson for freshers ,thank
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Anuuj Verma
| Commented
| 1 year ago
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Thanks a lot for reffering this.....its really very true n ryt study of the market....
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Insight: "“42 Rules of Marketing”" deleted from your view.
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(rate this)
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To reach out rural sector
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"N" number of Challenges - Biz & IT
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Mohan Murari
| Supported idea
"Flexibilty"
| 2 years ago
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Yes absolutely, retailers plan their supplies for the season but they are not equipped enough for crisis situations they may have implemented all the modern systems like SAP etc. to track the stock movement but practically its not operational....
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C NAVEEN KUMAR
| Added idea
"Enhance supply chain efficiency and trading partner collaboration by connecting product information, processes, systems"
| 2 years ago
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Managing supply chains requires retailers to perform a delicate "balancing act" that simultaneously meets multiple needs. While delivering high service levels as they manage global supply chains, retailers must keep costs low in order to remain...
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Ideate: "What are the critical challenges faced by the Retail Sector in SCM?" deleted from your view.
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1. Selfishness In today’s world, it is not about your organization versus your competitor’s organization. It is your supply chain versus your competitor’s supply chain. Therefore, it’s essential to eliminate the boundaries between organizations and make sure you and your supply chain partners are really working as one to increase customer satisfaction and market segment. Share information and assure that all links have a common, wholelistic view of the entire supply chain. 2. Short Sightedness The traditional approach of supplier and customer revolving doors is counter productive. Instead, look at the big picture and establish a strategic plan for supply chain evolution so that you are maki...
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R varadarajan
| Commented
| 3 years ago
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ALL THIS EASIER SAID THAN DONE- The real world is dog - eat -dog kind of environment.In many supply chains the supplier is skeptical of the manufacturer and hence does not reveal his cost structure or other details. only those supply chains that...
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Insight: "The Seven Deadly Supply Chain Sins" deleted from your view.
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Mostly concentrating on Traditional Embroidered kurti material and Embroidered fabric.
Answer: "Guidence to search Importers for embroidered fabric" deleted from your view.
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Debate: "Ekeshwar singh EDP & MIS analysis" deleted from your view.
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