Evolution of supply chain management Assignment

Evolution of supply chain worry - Assignment Exampleb) Integration era the integration era marked the use of Electronic selective information Interchange (EDI) systems and Enterprise Resource Planning (ERP) systems. This era stressed on value added and cost lessening supply chain management finished integration. c) Globalization era the globalization era was characterized by the ontogeny of global system of vendors and suppliers and the expansion of supply chain over national and international boundaries. In this era, organizations aimed to impinge on competitive advantage by creating value added services and products. At the same time, it aimed to reduce costs through global sourcing. d) Specialization era (Phase I Outsourced manufacturing and distribution) this era saw the creation and dilatement of the specialization manakin which composed of numerous individual supply chains specifically for products, suppliers and customers who worked together to manufacture, design, market, distribute, sell and service a particular product. e) Specialization era (Phase I Supply chain management as a service) the scratch line of warehouse management, transport brokers and freight carriers has matured into the aspects of collaboration, supply planning, performance management and execution. All this was possible delinquent to the breakthroughs achieved in engineering. f) Supply Chain Management 2.0 this terminology was coined to explain the changes within the supply chain assiduity and the evolution of methods, tools and processes used to manage resources now. It is very important for an organization to develop supply chain schema as it creates value for the organization. The first pace is to develop a supply chain strategy. For this the first step is to understand the business strategy. If the business strategy is to reduce costs, then the supply chain strategy must be developed to support the same. It is important to find out supply chain competencies a nd leverage them for the pull in of the organization. The next step is to access the extended supply chain. This is attained by conducting a realistic, detailed observe of capabilities existing within the firm and the extended supply chain. Once the assessment is complete it is very obligatory to prioritize and review the recommendations, define the risks, validate the opportunities and the requirements for implementing the supply chain strategy. 2. Explore strategies used by organizations to develop and view as effective supplier relationships ? determine suitable strategies with regard to the development of relationships with suppliers, using appropriate web-based technologies ? prize the effectiveness of strategies used by an organization ? devise effective systems for relationship maintenance The breakthroughs achieved in web-based technology have made us realize the importance of information exchange that can play a vital part in the competitive strategies adopted by diffe rent organizations. It is possible to maintain trusty business to business and business to consumer supplier relationships by means of web based techniques. Extensive telecom networks are used to develop and maintain effective supplier relationships. Electronic trading is one such(prenominal) method which has effectively helped to maintain vendor relationships (Croom 2000). Another web based technique used to maintain effective supplier relationship is that of electronic warehouse management. It is now possible to inform a leaf node well in