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A discussion about lack of supply chain coordination and the bullwhip effect
In SCM, a supply chain manager coordinates the logistics of all the aspects of the supply chain which consists of five parts: the plan or strategy, the source of raw materials and services, manufacturing, i.e., productivity and efficiency, delivery and logistics, the return system for defective and unwanted goods etc. The phenomenon that fluctuation in orders increases as one moves up the supply chain from retailers to wholesalers to manufacturers to suppliers is referred to the bullwhip effect. Managers can help achieve coordination in supply chain by aligning goals and incentives across different functions and stages of the supply chain. When supply chain moves from retailers to wholesalers to manufacturers to suppliers, the bullwhip effect occurs. It results in different stages optimizing local objectives instead of total supply chain profits. The bullwhip effect results in costs in the supply chain and decrease in levels of customer service.
Strategic shipper carrier relationship: Transportation management
Introduction: In a supply chain management, the first decision the shipper need to take, whether they will make transportation in-house or use a third party carrier. Usually, using third party carrier is mostly found. Using a third party carrier arises the question of shipper-carrier relationship management.With globalization, shipments have been increased very much. In this perspective, companies need to give […]
About Some Training Programs
Introduction: Would like to share a Supply Chain Management (also other events) with you initiated by Mind Mapper: Upcoming Training – Mind Mapper Bangladesh These upcoming programs may not directly supply chain Management training. But indirectly, they will enhance the supply chain management no doubt. These programs are such as “Time and Stress Management”, “Effective Negotiation Skills”, “Great people great habits”, “Communication Secrets” etc. For “Time and Stress […]
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