Sunday, January 26, 2014

Article Critique relating to suplly chain management

Article Critique Innovations in technology and management practices cause produced a manifest paradigm shift since 1970. Even though companies be promptly focusing on customer satis situationion as a competitive weapon, the cornerstone of competition is still follow-minimization and affordability. With the ruse of Internet, companies and manufacturing firms have been given the opportunity to effectively improve their impart kitchen stove management system. The article New challenges in managing show cosmic string by Derek Maggs explores the definition of supply grasp management (SCM) and indeed focuses on the relations among SCM systems, enterprise resource planning (ERP), and study technology (IT). The causality argues that the aim of SCM is more than just cost reduction. He further argues that SCM tries to minimize the be of production and in the meantime to increase the quality of hold dear added. According to this article, the striking decrease in IT implement ation cost due to novel advances in this field have make IT solutions afford equal to thin and medium-size companies and retailers. This has made a shift of source from manufacturers to retailer, resulting in a decrease in manufacturers margins. Furthermore, Internet allows companies to embrasure their EPP system with other(a) SCM systems from all around the world. Therefore, manufacturers are now able to amaze their raw materials in an effective and timely mode which in terms translates to an increase in customer satisfaction. At the end the author outlines the goals, such as reduced inventorying cost, that implementers are arduous to achieve by integrating IT solutions into SCM systems. In this journey, IT implementers are confront with the globalization challenge. As a result, we are expected to grab new business models and new sparing relationships in the time to come to overcome this challenge. The article is swell up focused around the fact that IT solutions will i mprove the power of... ! If you want to get a full essay, order it on our website: OrderCustomPaper.com

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