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- W3149991213 abstract "An extensive area of research in operations relates to creation and deliv-ery of value through better demand supply coordination which is also termedas supply chain management. Supply chain management is often referred toas efficient management of the end-to-end process, which starts with the de-sign of the product or service and ends with the time when it has been sold,consumed, and finally, discarded by the consumer (Lee and Billington 1993;Swaminathan and Tayur 2003). One could think of any product or service sup-ply chain to be consisting of five major value elements – design, planning,procurement, production and delivery. In addition, managing supply chainstypically entails efficiently coordinating the flow of information, products andfinances (Swaminathan 2001). Managing a supply chain within a single coun-try is complicated due to various types of uncertainties in demand, supply andprocess. In most developed economies, there are limited uncertainties in avail-ability of basic necessities for any kind of business such as power, roads, wateretc. However, in developing economies infrastructure is weaker and that posesseveral newer types of challenges. It may even cause successful well testedstrategies that worked well in developed economies to fail. A classic exampleis that of Wal-Mart which has an efficient network of cross docking facilitiesin the US that store minimal inventory in them while simultaneously enablingmore frequent supplies to the retail stores. This system relies heavily on the" @default.
- W3149991213 created "2021-04-13" @default.
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- W3149991213 date "2006-01-01" @default.
- W3149991213 modified "2023-09-23" @default.
- W3149991213 title "MANAGING SUPPLY CHAIN OPERATIONS" @default.
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