Implementing a Supply Chain Management System

Implementing a Supply Chain Management System

Table of Contents

Introduction 2

Subject of course project 3

Business problem statement 4

Name of the company 4

Brief description of proposed solution 5

Implementing cloud-based supply chain management system 5

Benefits of Cloud-Based supply chain management 7

Gaps in implementation of Cloud-based supply chain management 9

Audience 11

Conclusion 11

References 13

Introduction

Supply chain management involves the overall management of storage and movement of goods and services. In the process, various networks, channels, and business are interconnected for successful of the products and services. Supply chain management incorporates the design, control, and monitoring activities with the aim of creating net value, synchronizing supply chain and measuring operations globally. Supply chain management entirely covers the areas of operation management, information technology, and logistics. Manufacturing and production companies, for instance, cannot achieve any significant success without incorporating an effective supply chain system due to the prevailing competition in the requires that requires them to deliver their products to the consumers at the right time (Mentzer et al., 2001). In order to meet the challenging market dynamics and the changing consumer needs, there is a need for various companies to implement both inbound and outbound process in their supply chain management system. The inbound system, in this case, involves the movement of goods from the suppliers or warehouse while outbound systems involve the movement of produced goods from the end production chain to the end user of a given product.

Many organizations have in recent years embraced various concepts in their supply chain management with the aim of increasing profit share and competitive advantage. Studies have shown a significant increase in company performances if their trading partners can mutually assess their...