Supply Chain Management
LONDON CHURCHILL COLLEGE
Programme: Extended Diploma in Strategic Management and Leadership
Unit Number and Title: Strategic Supply Chain Management
Unit Level: QCF Level 7
Assignment Ref. Number: 2.1.1
Module Tutor: AKM Asaduzzaman Patwary
Email: nibirlove@yahoo.com
Learner’s name and statement of authenticity
Learner’s Name: MD ZAHIDUL ISLAM TALUKDER
Learner’s ID: 20112767
I certify that the work submitted for this assignment is my own. Where the work of others has been used to support my work then credit has been acknowledged.
1.1 Explain the importance of effective supply chain management in achieving organisational objectives.
Supply Chain Management
There are numerous definitions of the supply chain and supply chain management:
“The supply chain conceptually covers the entire physical process from obtaining the raw materials through all process steps until the finished product reaches the end consumer. Most supply chains consist of many separate companies, each linked by virtue of their part in satisfying the specific need of the end consumer.”
Supply chain management may be thought of as the management of all activities aimed at satisfying the end consumer; as such it covers almost all activity within the organisation. It has been suggested that it incorporates a number of key success factors which include a clear procurement strategy, effective control systems, and development of expertise. Supply chain management therefore represents and reflects a holistic approach to the operation of the organisation. In other words, supply chain management relates to the entire procurement cycle not just at the end (which is the commonly-held view). In particular it has a pivotal role to play in the development of an initial sourcing strategy.
A distinction may be drawn between strategic and tactical supply chain management, the respective definitions being:
“The selection and linking of
Programme: Extended Diploma in Strategic Management and Leadership
Unit Number and Title: Strategic Supply Chain Management
Unit Level: QCF Level 7
Assignment Ref. Number: 2.1.1
Module Tutor: AKM Asaduzzaman Patwary
Email: nibirlove@yahoo.com
Learner’s name and statement of authenticity
Learner’s Name: MD ZAHIDUL ISLAM TALUKDER
Learner’s ID: 20112767
I certify that the work submitted for this assignment is my own. Where the work of others has been used to support my work then credit has been acknowledged.
1.1 Explain the importance of effective supply chain management in achieving organisational objectives.
Supply Chain Management
There are numerous definitions of the supply chain and supply chain management:
“The supply chain conceptually covers the entire physical process from obtaining the raw materials through all process steps until the finished product reaches the end consumer. Most supply chains consist of many separate companies, each linked by virtue of their part in satisfying the specific need of the end consumer.”
Supply chain management may be thought of as the management of all activities aimed at satisfying the end consumer; as such it covers almost all activity within the organisation. It has been suggested that it incorporates a number of key success factors which include a clear procurement strategy, effective control systems, and development of expertise. Supply chain management therefore represents and reflects a holistic approach to the operation of the organisation. In other words, supply chain management relates to the entire procurement cycle not just at the end (which is the commonly-held view). In particular it has a pivotal role to play in the development of an initial sourcing strategy.
A distinction may be drawn between strategic and tactical supply chain management, the respective definitions being:
“The selection and linking of