This is because with a supply chain of a larger scope, the lead time is much longer, and because there are more issues involved, such as multiple currencies, policies, and laws. The consequent problems include different currencies and valuations in different countries, different tax laws, different trading protocols, vulnerability to natural disasters and cyber threats, [44] and lack of transparency of cost and profit. Supply-chain consulting is the providing of expert knowledge in order to assess the productivity of a supply-chain and, ideally, to enhance the productivity.
Supply chain Consulting is a service involved in transfer of knowledge on how to exploit existing assets through improved coordination and can hence be a source of competitive advantage; Hereby the role of the consultant is to help management by adding value to the whole process through the various sectors from the ordering of the raw materials to the final product.
On this regard, firms either build internal teams of consultants to tackle the issue or use external ones, companies choose between these two approaches taking into consideration various factors. The use of external consultants is a common practice among companies.
Information Technology Used for Supply Chain Management
Supply chain professionals need to have knowledge of managing supply chain functions such as transportation, warehousing , inventory management , and production planning. In the past, supply chain professionals emphasized logistics skills, such as knowledge of shipping routes, familiarity with warehousing equipment and distribution center locations and footprints, and a solid grasp of freight rates and fuel costs. More recently, supply chain management extends to logistical support across firms and management of global supply chains.
Supply chain professionals play major roles in the design and management of supply chains. In the design of supply chains, they help determine whether a product or service is provided by the firm itself insourcing or by another firm elsewhere outsourcing. In the management of supply chains, supply chain professionals coordinate production among multiple providers, ensuring that production and transport of goods happen with minimal quality control or inventory problems.
One goal of a well-designed and maintained supply chain for a product is to successfully build the product at minimal cost.
Such a supply chain could be considered a competitive advantage for a firm. Beyond design and maintenance of a supply chain itself, supply chain professionals participate in aspects of business that have a bearing on supply chains, such as sales forecasting , quality management , strategy development, customer service , and systems analysis.
Production of a good may evolve over time, rendering an existing supply chain design obsolete. Supply chain professionals need to be aware of changes in production and business climate that affect supply chains and create alternative supply chains as the need arises. The purpose of certification is to guarantee a certain level of expertise in the field. The knowledge needed to pass a certification exam may be gained from several sources. Some knowledge may come from college courses, but most of it is acquired from a mix of on-the-job learning experiences, attending industry events, learning best practices with their peers, and reading books and articles in the field.
The following North American universities rank high in their master's education in the SCM World University ranking, which was published in and which is based on the opinions of supply chain managers: In the same ranking, the following European universities rank high: Another, the Institute for Supply Management, is developing one called the Certified Professional in Supply Management CPSM [58] focused on the procurement and sourcing areas of supply chain management.
The following table compares topics addressed by selected professional supply chain certification programmes. From Wikipedia, the free encyclopedia. For the journal, see Supply Chain Management journal. Management accounting Financial accounting Financial audit. Cooperative Corporation Limited liability company Partnership Sole proprietorship State-owned enterprise. Annual general meeting Board of directors Supervisory board Advisory board Audit committee. Commercial law Constitutional documents Contract Corporate crime Corporate liability Insolvency law International trade law Mergers and acquisitions.
Commodity Public economics Labour economics Development economics International economics Mixed economy Planned economy Econometrics Environmental economics Open economy Market economy Knowledge economy Microeconomics Macroeconomics Economic development Economic statistics. Marketing Marketing research Public relations Sales.
Business analysis Business ethics Business plan Business judgment rule Consumer behaviour Business operations International business Business model International trade Business process Business statistics. This article appears to contain a large number of buzzwords. There might be a discussion about this on the talk page. Please help improve this article if you can. This section needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed.
June Learn how and when to remove this template message. It has been suggested that this list be split into a new article titled Comparison of supply chain certification programmes. Andreas Wieland, Carl Marcus Wallenburg Blackwell Encyclopedic Dictionary of Operations Management. Retrieved 26 July Sustainable supply chain practices and firms' financial risk". Journal of Business Logistics. Introduction to Supply Chain Management. Demand Driven and Customer Focused. Knowledge diffusion through supply chain networks". Processes, Partnerships, Performance , 3rd edition, The Procurement Value Proposition: The Rise of Supply Management.
Supplier Integration Strategies for Success. Journal of the Academy of Marketing Science. Which one hits the mark? The Academy of Management Review.
Information Technology Used for Supply Chain Management - Video & Lesson Transcript | theranchhands.com
A Study of Factors and Practices in Malaysia. Retrieved 28 Jan The Socially Responsible Supply Chain: An Imperative for Global Corporations. Supply Chain Management Review, Vol. Journal of Cleaner Production. Inbound Logistics, May 4, Retrieved 1 February More Than a New Name for Logistics. Complementary theories to supply chain management. An International Journal, Volume 12 Issue 4, Customer driven and customer focused.
Role of Information Technology in Logistics and Supply Chain Management
Bridging organization theory and supply chain management: The case of best value supply chains. Journal of Operations Management, 25 2 Review, Trends, and Opportunities. Production and Operations Management, Vol. Logistics versus supply chain management: International Journal of Logistics: Defining Supply Chain Management, in: Journal of Business Logistics , Vol. The Quintessence of Supply Chain Management: Outline of business management Index of management articles. Peter Drucker Eliyahu M. Administration Collaboration Corporate governance Executive compensation Management consulting Management control Management cybernetics Management development Management fad Management system Managerial economics Managerial psychology Managerialism Organization development Organizational behavior management Pointy-haired Boss Williamson's model of managerial discretion.
Social and environmental accountability. Environment portal Category Commons Organizations. Retrieved from " https: What benefits does the company provide? What PTO hours do you get? How many days a year off and such. Applies supply chain and logistics knowledge of the flow of materials, information , and finances involved in manufacturing and distributing products UPS - 2 days ago - save job - more Supply Chain Associate Nexius 45 reviews.
View all Nexius jobs in St. Louis, MO Learn more about working at Nexius Nexius questions about work, benefits, interviews and hiring process: What is the sick leave policy like? How many sick days do you get per year? How do you feel about the future of Nexius? Be the first to see new Supply Chain Information Technology jobs. Also get an email with jobs recommended just for me. Supply Chain Specialist salaries in United States.
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Supply Chain Specialist salaries by company in United States. Every day, thousands of employers search Indeed. Indeed helps people get jobs: Over 10 million stories shared. For jobs in Russia, visit ru. Job title, keywords, or company. Here are only a few ways that RFID technology has changed, and is continuing to change the not only the way we think about logistics, but also how interact with the world around us.
Check out the infographic below for all the facts! Social media is a popular technology that has swept the world. With over million Twitter users and 1.
In fact, over 70 percent of all Fortune companies rely on social media as part of their marketing strategy and supply chain management. Social media can be used to interact with customers, respond to questions, report accidents or weather conditions that may impede delivery schedules, and create automated updates about your inventory.
Social Media has been widely used in general business and marketing but the application in supply chain management context seems to be lagging behind. As a matter of fact, social media can be utilized to improve various aspects of supply chain and business results can be achieved rapidly. The purpose of this infographic is to illustrate 10 actions across 4 categories, namely, — Supply chain event management — Relationship management — Supply chain collaboration — Information technology Therefore,supply chain management professionals should be able to implement these ideas immediately and gain the quick win business results.
The scale, scope and depth of data supply chain technology applications are generating today is accelerating, providing ample data sets to drive contextual intelligence. Forward-thinking manufacturers are looking at big data as a catalyst for greater collaboration. Trends and Related Research. The more links there are in your supply chain, the more convoluted and complex that chain becomes.
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By simplifying the supply chain and disposing of unnecessary links, you can improve efficiency and reduce expenditures. Work directly with the manufacturers whenever possible, rather than purchasing through an intermediary source. By working directly with the manufacturers, you can greatly reduce expenses and create a simpler and more efficient supply chain.