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Chris Gilham
United Kingdom
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Core Elements of the Supply Chain?
I am conducting some research regarding what are the core elements of a supply chain and I will then also critically review the software that has been developed to improve the supply chain. I am interested to hear what other professionals view as the core elements of supply chains? Thanks, Chris.
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Martin Wambua
Strategy Consultant, Kenya
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Core Elements of Supply Chain Coordination, sourcing, production, warehousing, distribution, feedback.
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SANJAY KUMAR JENA
Student (MBA), India
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Core Elements of Supply Chain 1. waste: should be minimum
2. coordination: in each department
3. production: should be just in time
4. production line: efficient and few errors
5. raw material: should be available in righ amount when required
6. warehouse: should be minimized
7. information: proper flow of 2-way information
8. relationship: with suppliers must be good
9. distribution: should be canban type.
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David Matwa Nyabwari, Kenya
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Core Elements of the Supply Chain Another perspective is to see as core elements of supply chain:
1. Transport and/or distribution
2. Warehousing
3. Customer service
4. Inventory planning and management
5. Supply planning.
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C.L. Kappagomtula
Professor, Malaysia
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Quintessential Components for an Effective Supply Chain When one thinks about Supply Chain (SC), two things come to the mind:
- Efficiency (linked to the cost component), and
- Responsiveness (linked to the reaction time)
These 2 are typically at an inverse relation to each other.
Maximizing the effectiveness of either of them can be possible only when the 'drivers', which are the essential elements of a SC, are well structured and managed.
The 6 essential drivers for any effective supply chain are:
1. Facilities
2. Transport
3. Inventory
(which are tangible entities)
4. Sourcing
5. Pricing
6. Information Systems
(which are cross-functional in nature and are intangible).
The challenging task is to harness the synergy out of these six drivers to keep the supply chain going strong and effective. Because the stakeholders in the system viz. customers, channel distributors, facility managers and suppliers all want to get benefits from it.
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Bradley Pallister
Innovation Consultant, United Kingdom
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The Core Elements of a Supply Chain
- Visibility and Collaboration: Real-time tracking and open communication across partners.
- Demand Forecasting and Optimization: Accurate demand prediction and efficient resource allocation.
- Inventory Efficiency: Balanced inventory levels and streamlined management.
- Transportation and Logistics Efficiency: Optimal routes, modes, and technology-driven processes.
- Risk Management and Sustainability: Preparedness for disruptions and ethical, eco-friendly practices.
- Technology Integration and Automation: Digital tools, AI, and seamless system integration.
- Performance Metrics and Improvement: KPI-driven assessment and continuous process enhancement.
- Customer-Centric Agility: Meeting customer expectations with adaptability.
- Global Reach and Adaptation: Scalability and international market competence.
- Knowledge Management and Training: Ongoing learning and expertise sharing.
- Cost Efficiency and Value Creation: Minimized costs with maximum value delivery.
- Governance and Compliance: Adherence to standards and clear governance.
These principles guide supply chain maturity, enhancing efficiency, resilience, and customer satisfaction.
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