It is is Not the Strongest that Survives in Supply Chain Management

 
Supply Chain and Quality Management > Forum > It is is Not the Strongest that Survives in Supply Chain Management

It is is Not the Strongest that Survives in Supply Chain Management
ANUJ KUMAR SHRIVASTAVA, Manager, India, Premium Member
In the past people believed that the company with the strongest supply chains would be the leaders. But Darwin was right when he said it is rather the one with the most flexible supply chain that will prove themselves as a leader.
Darwin's idea stays true even for SCM as the fight between organizations is increasingly going to depend on SCM.
Key Dimensions that allow flexibility to SCM or the dimensions of SCM can be explained as
1. Strategic Supplier Partnership: It's always better to develop a strong vendor developing Supply Chain Relationship. It is always believed to have one strong source of material rather than more vendors on list
Eg: This is done best by TATA in India. Whenever they start a production unit at a new Location, they ensure that they get a new plant for their vendor in the nearby location. This helps both the organizations to grow!
2. Lean Production: Lean production is very important for making your SCM flexible. The main focus here is to ...Sign up
 

 
Reasons for Building a Flexible Supply Chain
Jaap de Jonge, Editor, Netherlands
I agree that building a flexible supply chain is very important for companies to offset uncertainty, enabling them to respond to everything from fluct...Sign up 9-7-2019
 

     
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