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Competitive advantage through supply chain

MEMORANDUM
TO: RIORDAN MANUFACTURING PRESIDENT

FROM: CONSULTANT

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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suggestions are deemed appropriate: (1) Align supply goals with operational goals; (2) Improve the management of suppliers and the supplier base; and (3) Tailor sourcing strategies depending on the risk and value to enterprise operations. These suggestions can be met by leveraging the significant progress that the firm has already made in managing supply chains around aggregate commodities.

WORK CITED

Long, D. (2003). International Logistics: Global Supply Chain Management. Norwell, Massachusetts: Kluwer Academic Publishers.

 

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