Supply Chain Management revised

Topics: Supply chain management, Supply chain, Logistics Pages: 44 (10696 words) Published: November 25, 2014

DESIGNING SUPPLY CHAIN AND FINANCIAL PERFORMANCE OF
SUBMITTED TO:
Dr. Md. Abdul Hannan Mia
Professor
Dept. of MIS
University of Dhaka
SUBMITTED BY: Sumon Choudhury ID-68 Milton Mia ID-69 Richie Rahman ID-80 Dept. of MIS (5TH Batch) University of Dhaka

DATE OF SUBMISSION: 25.11.2014
Table of Contents

1.0 Supply Chain Management concept4
2.0 Walmart and Supply Chain Management System4
3.0 MANAGEMENT COMPONENTS6
4.0 Core functions of supply chain management7
Procurement System7
Inventory management system8
Distributions and Logistics management10
Channel management12
Transportaion management12
Supplier management13
Customer management14
Financial management16
Payment management17
5.0 DEVELOPING SUSTAINABLE SUPPLY CHAIN19
6.0 REVERSE SUPPLY CHAIN24
Reverse Logistics as a Strategic Weapon26
7.0 Value Chain activities27
Firm infrastructure27
Human recourse management27
Technology development27
Procurement27
M a r g i n27
Support activities27
Primary activities28
Infrastructure:28
Human resources:28
Ordering:29
Marketing:30
Service:30
Operations:30
Logistics:31
8.0 SUPPLY CHAIN PERFORMANCE MEASURE31
9.0 STRATEGY OF BEING SUCCESSFUL32
10.0 Financial Performance35
Income statement35
Cash flow36
Balance sheet37
Operating Expenses38
Revenues39
11.0 Importance of Supply Chain Management Systems39
At the business level39
At the firm level:40
12.0 PROBLEMS41
13.0 RECOMMENDATION42
14.0 CONCLUSION42
15.0 REFERENCES43

1.0 Supply Chain Management concept
Supply chain management integrates the supplier, distributor, and customer logistics requirements into one cohesive process. The supply chain is a collection of physical entities such as manufacturing plants, distribution centers, conveyances, retail outlets, people, and information, which are linked through consumption. Supply chain management has been recognized as an important business element due to the fact that decreased time, as well as cost to the customer, will greatly contribute to their competitiveness within their perspective industry. Supply chain management reduces product costs through the elimination of unnecessary steps and adds value to the customer service function by more closely managing the coordination among logistics providers and customers. It is primarily concerned with managing the company's integration with transportation and information providers as it defines and drives the requirements for both. The ultimate purpose of supply chain management is to increase customer value while maintaining competitive prices. It is mostly concentrated on material and product sourcing, vendor evaluation, and purchasing.

2.0 Walmart and Supply Chain Management System
Wal-Mart Stores is an American multinational retail corporation that operates chains of large discount department stores. It is the world's largest company by revenue, according to the Fortune Global 500 list in 2014, the biggest private employer in the world with over two million employees, and the largest retailer in the world. It is...

References: Chandran, P. M. (2003). Wal-Mart’s supply chain management practices. ICFAI Center for Management Research. Retrieved from www.icmrndia.org
Chopra, S., & Meindl, P. (2010). Supply chain management: strategy, planning, and operation. 4th ed. Prentice Hall: New York.
Supply Chain Management, Strategy, Planning and Operation by Sunil Chopra and Peter Meindl
Logistics. (2011). Walmartstores.com. Retrieved from http://walmartstores.com/AboutUs/7794.aspx.
http://jimmyalyea.blogspot.com/2012/02/analyzing-wal-marts-distribution-and.html
http://www.industryweek.com/supplier-relationships/how-sharing-data-drives-supply-chain-innovation
http://financial-management-slides.com/financial-strategy-at-walmart/
http://blogs.smeal.psu.edu/businesscasual/2010/06/07/walmarts-new-transportation-strategy/
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