essay jw.docx - In today\u2019s demand driven omni-channel world it is easy to underestimate the complexity of global supply chains because the top

essay jw.docx - In todayu2019s demand driven omni-channel...

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In today’s demand driven, omni-channel world, it is easy to underestimate the complexity of global supply chains because the top companies for the most part run smooth operations but there are many moving parts. Despite complexcity, growth of global markets continue to grow, so do customer expectations, rising costs, and more intense and diverse competitive pressures are driving the development of new supply chain strategies and intricate network designs that’s use the rely heavily on cutting edge technology.this is why supply chain manengent and its processes need to be continuely evaluated to insure opetions are running at the highest requencyies possible and that processes are current and technology is up to date. Ifailure to do so can be catitrtivict and regualelss of how good a product is, it will lay in waste if or without a strong supply operation to get the product to market. A well operated supply chain network can significantly improve margins (profit), support expansion into new markets and industries, enhance the customer experience, and reduce operating costs. That applies to companies in all stages of business lide from growth-oriented companies, companies in transition, and companies with stable business operations can all benefit from distribution networks that are optimized to meet ever present challenges and opportunities. Strong supply chains start with a strong network . transformational supply chain begins with a network that employs an all encompassing view of the various business areas that manage delivery of products to customers. The result is significant capital, operational, and tax savings while achieving optimal customer satisfaction. There are three critical elements to a world class supply chain network. Frequency and Types of Analyses . When an organization decides to evaluate its network, the internal leadership team
must first address the type of effort that should be performed. Strategic reviews of a distribution network design often follow: a major business expansion, such as an acquisition; a change in business strategy, such as targeting new market opportunities; or the passage of time—a full review is typically needed every four to six years. There are various methods of planning when it comes to guiding and positioning an organization. Planning needs to cover predictable and unpredictable circumstances. Without sound plans, a firm risks insufficiently anticipating problems and failing to implement solutions within the required lead time. With plans, a company becomes active and not passive. A good framework for planning is illustrated below. Strategic Planning Strategic planning is the process of deciding on the firm’s objectives. The goal of strategic planning is to define the overall approach to stocking points, transportation, inventory management, customer service, and information systems as well as the way they relate to provide the maximum return on investment. It addresses such issues as organizational structures, realignment of capacities, network planning, and impact on the environment. Strategic planning

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