Competitive advantage through supply chain
TO: RIORDAN MANUFACTURING PRESIDENT
SUBJECT: competitive advantage through supply chain
Impact of Supply Chain to Competitive Advantage
Long (2003, p43) defines supply chain as ‘a systems of entities that supply the next one’. He further describes that said entities can possibly be independent firms, or the supply chain can be totally within the firm. Definitely the credit goes to the supply chain management solutions which have enabled the managers to take a complete 360 – degrees view at the entire business activity, other than just looking at the end results, which have in turn given business with the needed competitive advantage to maintain business leadership. Proper management of the supply chain contributes to competitive advantage through helping the managers to forecast product distribution, manufacturing needs, apart from optimizing the sales circulation by evaluating the key inventory measures. Moreover, the client benefits from enhanced methodical suppleness and improved performance for generating, transportation and presentation of supply chain analytics and related reports. It is beyond doubt, that the ability to achieve a competitive advantage is dependent on the amount of synchronization and teamwork that any organization can show within its supply chain.
Suggestions for Supply Chain Improvement
For the Riordan Manufacturing firm, the three following
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Long, D. (2003). International Logistics: Global Supply Chain Management. Norwell, Massachusetts: Kluwer Academic Publishers.