Supply Chain Management
Substantially, as we all know, supply chain is a complete decorum with several stakeholders involved from the birth of the need to its fulfillment through some service or product. In recent years, supply chain has revolutionized itself into a concrete subject that needs to be articulated according to the modern advancements. A management writer, Fisher identified that there’s a substantial relationship between the nature of product and supply chain strategy. This idea was well taken by many scholars, and naturally, many disagreed.
This report favored the later one; but the real mystery remained ambiguous. If there is no relationship between the nature of product and supply chain strategy, the fact should persist if we reverse the strategy for the similar natured product. This will verify the conclusion, if it’s true, or otherwise will identify some conclusive evidence to notion that there is some relationship between the two factors. In this research paper, about responses from 107 respondents were prudent into the research, primarily focusing on Australian businesses.
This limited the research to the Australian minds, with almost everyone having same excess to the similar distribution channels and supplier base. From the sample, the relationship was not proven, but it could be because of a hypothesis error, the rejection may have been insisted because of the similar exposure of the businesses surveyed (manufacturing). Maneuvering with the knowledge acquired, this can create better understanding of the factors that somehow, or anyhow, affect the choice of supply chain strategy, and what other things than the nature of product ensure that we choose the best path to reap most out of the long chained strategic alignment of resources.
Husdal.com: Supply Chain Risk (2009). A conceptual model of Supply Chain Flexibility. Accessed on March 26, 2010 from http://www.husdal.com/2009/10/26/a-concept-for-modelling-supply-chain-flexibility/
Marshal L. Fisher, (1997). What is the right supply chain for your product? Harvard Business Review, March-April 1997, 105-117. Accessed on March 26, 2010 from Apparelandfootwear.org
Ram Ganeshan, Ram & Harrison P. Terry (1995). An Introduction to Supply Chain Management
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