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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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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.
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Yes
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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"
| 1 year 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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ARAVINDAN
| Supported idea
"Less Operational Cost"
| 10 months 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"
| 2 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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KALIYAMOORTHY
| Supported idea
"SCRM (4 Steps)"
| 10 months 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)"
| 11 months 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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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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Anand Vishwakarma
| Commented
| 10 months 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
| 12 months ago
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hello sir i need a job can anybody help me..........
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Davies francis
| Commented
| 10 months ago
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its a lesson for freshers ,thank
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Anuuj Verma
| Commented
| 10 months 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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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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R varadarajan
| Commented
| 2 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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Activity:
13 referals
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7 comments,
62 views
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Recently, a giant retail chain Big Bazaar (Future group) has made change in its corporate logo and celebrated successfully 10 years. It has developed nice television commercial campaign for new look and corporate branding. It is a core competency of Big bazaar that always coming with promotional offer with quality branded products. Now, it has come up with new campaign for New Year with promotional price offer where consumers can celebrate New Year party well. The campaign has released with limited period offer from 17 th December, 2011 to 1 st January, 2012 with the punch line of “Saste Main Party”. We all know that today everything is becoming costly and hike in price of many things day by day. So, consumers are making control or avoid celebrating well. Campaign: - “Saste main party (New Year party with economy Price)” Advertisement Link: - http://www.youtube.com/watch?v=XZ0ps34UcWU Television commercial has already been...
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Activity:
96 referals
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3 comments,
73 views
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China And Pakistan Supply Indian Maoists January 11, 2012: Even as China continues to harass India on security and diplomat issues, the Indian intelligence agencies have come up with far more disturbing reports which have huge implications for India’s national security. These classified reports reveal that Maoist leaders have been secretly visiting China’s Yunan province for arms training and China has set up a weapon manufacturing facility in Myanmar’s Kachin province. The Kachin factory produces near-exact replicas of AK 47 rifles which are supplied to the Maoists. The Indian government has long been aware that the Maoists are equipped with sophisticated weaponry, and now the source is known. Even more dangerous is the growing proximity of the Maoists with Pakistan based Islamic terror group Lashkar-i-Taiba and terrorist leader Dawood Ibrahim. The Indian Maoists have also cooperated with Islamic terrorist run, drug operations. Several Indian states report that Maoists are...
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