Supply Chain Management
Supply Chain Management is an expertise field for designing, planning, procuring and delivering of goods and materials from one place to another by suppliers to customers in various places. In the recent years, supply chain management has emerged as an important and essential tool for maintaining perfect delivery systems in the matter of services to customers. This paper in detail discusses about what is supply chain management, why it is required, when it is required and how supply chain management must be executed apart from its advantages to the industrial, corporate and service sector companies.
Despatch and delivery of goods from one country to another has been made possible with the emerge and success of supply chain management. Beginning from documents till the delivery of precious jewelery, companies such as Blue Dart Express, DHL, FedEx have been doing excellent job by extending home delivery of goods by courier services. Worldwide delivery of goods, identification of a global customer has added to the benefits of supply chain management. Especially globalization has improved the statistics of supply chain management businesses by increasing its customer base, product deliveries and a good customer-client relationship.
The definition of supply chain management is “A supply of chain is the alignment of firms that bring products or services to market” (Lambert, Douglas, M. James R Stock and Lisa Ellram, 1998, Fundamentals of Logistics Management) Another definition of supply chain management is “A supply chain consists of all stages involved, directly or indirectly, in fulfilling a customer request. The supply chain not only includes the manufacturer and suppliers, but also transporters warehouses, retailers, and customers themselves” (Chopra and Meindl)
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The term “supply chain management” was recognized only in 1980s and gained prominence in 1990s. Previously in place of “supply chain” the terms “logistics” and “operations management” were in use by business and industrial sector. A general view about supply chain management is that organizations have to choose a particular method and model through the medium of supply chain management for procurement of raw material, inventory, storage of semi-finished and finished goods, warehousing, distribution, packing, forwarding, transportation and delivery of goods by various businesses to the complete satisfaction of customers.
Whether it is a pizza delivery or a flower bouquet, timely delivery and neatly packed goods are always in want by customers. In regularizing such order of transport working, supply chain management enhances and enables perfect order of delivery of goods with its designing and planning. For instance cargo airplanes carry huge piles of documents, goods and even automobiles wherein meticulous planning is required to transport goods through cargoes such as Boeing 747, AirBus A300 and AirBus A330. Four soft is another company which offers Internet solutions for logistics at a global level.
4S iShipping company, which operates globally for the services viz. , eTrans, ePOMS, iLogistics, iFreight, 3PLEx and eTrans SME. The 4S company set a particular system for each of these specified supply chain programs through computer software web based applications. Any global customer is enabled to have access to these specified supply chain programs to ships goods from one place to another. In other words, 4S company is a full fledged, vast experienced in developing software solutions for logistics for freight forwarding, contract and warehousing and in shipping logistics.