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Project description: A supply chain is a network of facilities and distribution options that performs the functions of procurement of materials, transformation of these materials into intermediate and finished products, and the distribution of these finished products to customers. Supply chains exist in both service and manufacturing organizations, although the complexity of the chain may vary greatly from industry to industry and firm to firm.
Supply chain management decisions are classified into two broad categories — strategic and operational. As the term implies, strategic decisions are made typically over a longer time horizon. These are closely linked to the corporate strategy, and guide supply chain policies from a design perspective. On the other hand, operational decisions are short term, and focus on activities over a day-to-day basis. The effort in these types of decisions is to effectively and efficiently manage the product flow in the “strategically” planned supply chain.
There are four major decision areas in supply chain management and there are both strategic and operational elements in each of these decision areas.
1) Location
2) Production
3) Inventory
4) Transportation (distribution)
You are required to write a research report with word count 3000 words detailing Supply Chain Management Decisions based on above mentioned four decision areas. Your report should include competitive strategy and supply chain capability best fit approach with both efficiency and responsiveness criterion for these four SCM decision areas. Students are encouraged to refer industrial examples for their explanations. However, your report must include references and report writing style must be academic.
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