Tuesday, April 30, 2019

Supply chain management in the uk construction Industry Essay

allow string oversight in the uk construction Industry - Essay ExampleAccording to the Council of Supply Chain Management Professionals (CSCMP), supply chain management encompasses the planning and management of all activities involved in sourcing and procurement, conversion and all logistics management activities (Council of Supply Chain Management Professionals, n.d.). In addition to these, SCM also includes collaboration and coordination with channel partners which includes suppliers, guests as well as intermediaries. The council also says that the supply chain management also plays a crucial role in integrate demand and supply management across and within the companies. According to James B. Ayers, supply chain management is all about designing, maintenance and operation of supply chain form, including those that make up extended point of intersection features, for satisfaction of end-user needs (Ayers, 2000).Over the past few decades various techniques regarding supply ch ain management (SCM) cast off been used successfully in different industries like manufacturing and food. In these industries, the supply process encompasses all those activities that be associated with the processing from raw materials to the finishing of the final product. The entire process involves procurement, production scheduling, inventory management, order processing, storage, customer service, transport and all the supporting information systems. Roy Morledge, Mohieddin Grada and Andrew Knight opined that in manufacturing industry, supply chain management strategies are adopted assuming that it is an ongoing process where supplier and customer experience involves frequent transactions for the homogeneous or similar products (Pryke, 2009). SCM strategies are considered as the key in maintaining quality and making the innovation process easier. Each of the aspects through which SCM is integrated with the manufacturing and food industry can be discussed in the

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