Supply Chain
To say that these are challenging times would be a gross underestimation. The challenges that have been thrust upon us in the past two or three years were previously unimaginable. But for those of us who are involved in some way with the development, operation or enhancement of Supply Chains, these are very exciting times. For example, look at the changes that have taken place in technology. We are also starting to learn just how much more we have to do if we are to operate on a true global scale, crossing borders, and designing new corporate structures. “Most large corporations are now outsourcing as many functions as possible to enable them to concentrate on core competencies but are we outsourcing enough or too much?” (Weber: Interview). The movement toward virtual corporations and supply chains has progressed much more than anticipated. Today if your company is not agile, you’re gone.During an interview with Mr. Weber, Director of Logistics Operations and Business at U.S. Transportation Command, he stated, “Our entire transportation and logistics structure is trying to redefine itself. We have large logistics conglomerates, which are absorbing some very large entities along the way and th
The two most critical elements of SCM are visibility and valuation. We must have visibility in order to take full advantage of the supply chain’s mechanics and valuation helps us to determine if we are getting the expected Return On Investment (ROI) the firm has predicted. Collectively, these two elements cover a multiplicity of activities and services that must be fully understood if the supply chain is to be maximized (Shapiro: 220). q What will you do with the information when you get it?
Some topics in this essay:
Supply Chain,
Weber Interview,
Chain Visibility,
Chopra Meindl,
Logistics Ernst,
Investment ROI,
Current ERP,
Supply Chains,
supply chain,
Provider ASP,
Evaluation Understanding,
value chain,
global supply,
business process,
supply chains,
weber interview,
global supply chain,
erp systems,
information systems,
global marketplace,
supply chain process,
global trade,
supply chain optimization,
value chain analysis,
supply chain visibility,
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Approximate Word count = 3751
Approximate Pages = 15 (250 words per page double spaced)
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