Supply Chain Management Summary

What is the right fork up set up for your product ? A call into question was asked by Marshall L. Fisher in his article on the topic. The article also titled, What is the Right Supply Chain for Your growth ?, was published in March-April 1997 in the Harvard Business Review. The question was raised due to various improvements on tally reach has been d bingle, still still its performance has never been worse. In whatsoever cases, costs have soar to unprecedented levels. It seems, new ideas and applied science implemented havent lead to improved performance. base upon his ten years research on supply chain issues in diverse industries such as food, fashion, app arl and automobiles he devised a framework which helps managers to decide which supply would be top hat for managers. It helps managers understand the nature of the demand for their products and devise the supply chain that can best satisfy that demand. He argued that the first and nigh important step in devising effective supply chain strategy is to understand the nature of the demand for the products ones company supplies.

He found that if one classifies products on the basis of their demand patterns, they fall into one of two categories : they are either primarily functional or primarily innovative. separately category holds a distinctly different kind of supply chain. The root cause of the problem would be the mismatch amongst the type of the product and the type of supply chain. Functional products require an efficient process, on the other hand innovatif products require a responsive process. Source: http://www.shvoong.com/business-management/1920578-right-supply-chain-product/#ixzz1JaqrQONd If you want to get a full essay, order it on our website: Orderessay

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