Supply Chain Management Is Very Important †Myassignmenthelp.Com

Question: Discuss About The Supply Chain Management Is A Complex But Very Important? Answer: Introducation Every venture in Business in whatever business is like a complex machine with different parts. Each of these parts be it physical, logistical or theoretical must be in harmony for any worthiness in business to be achieved. The supply chain management is a complex but very important part of every other business. It is the backbone of any business. This therefore requires keen observation and assessment. Business Intelligence Competency centers (BICC) are the different measures and gauges used to rank a business. With these the management can derive a scorecard. By the scorecard the business is able to perform at the best rates, exclude unnecessary expenses and create room for betterment of current situations. BICC Index Metric Performance therefore is the established measurement for the performance of the supply chain management. (Gloria J. Miller, 2006) noted that the supply chain revolves around the flow of goods and services from the point of origin of the end point where they are consumed. Any metric system therefore has to be within the folds of goods and services sourcing, supply and delivery. There are five (5) established and well known Metrics. These are namely; Uptime, Load time, Outages, Education and Data. It is recommended that the five metrics be used well to give the business a direction. Working simultaneously none of the metrics can be said to be superior or inferior to the other and should be treated with utmost caution. Uptime This metric measure deals with the very first responses or where the supply chains begin. If things go wrong at the beginning one can be sure they will as well go wrong later. This assessment is therefore key to all the rest. The assessment done entails important performance issues. These issues are; Source-Is the source present i.e. is there anything to be delivered? If this is missing the chain does not begin. If present then we move to the next question-Infrastructure; here we check the following-Is the right infrastructure available? If available what its status? Note it may be present but not in a condition to perform the task. The final consideration on uptime is the Response. How fast the department was able to respond to the source is what determines future jobs and even creates or breaks referees. Load time Once the uptime performance has been assessed the next assessment is the load time. According to (Shoshanah Cohen, 2013) the availability and appropriateness of the load schedule is the first consideration. How well it covers the convenience of the source, supplier and the consumer. The load time is also very keen on priority data. How quick or slow it takes to load is also put into consideration. Being a very large user of machines and also relying on suppliers the department may never evade outages. As (Herschel, 2012) states, these outages are either from the source/suppliers, planned and unplanned outages from within the department and outages of or from the subject/the consumer e.g. When consumers cant take in any more leading to a delay in the chain or a slow release from the suppliers or a breakdown of an automobile. Planned outages are also looked into such as services of the machines, public holidays or leave of absence for he workers. How these affect the up and load time is also an important metric measure. Outage cases are therefore tabled and assessed. The assessment focuses on the number of raised cases, the degree of sensitivity or the severity of the effect they caused. The more severe the effect the worse the outage. Finally the outage percentages depending on the number of raised cases against those closed and those pending is determined which is clearly illustrated by (Zeid, 2014). How data is handled in the department is one last metric people may assume though it carries a lot of importance. It majors on specific datum at a time. The information derived from this is instrumental to the management when making decisions in the future as (Lambert, 2008) determines in his work. Data is recorded e.g. on an upgraded machine, increased number of workers etc. at an interval like after every 20 or 30 days. This data is then compared to the previous existing data before the upgrade. Based on the findings the management can then go ahead and adopt or dismiss the upgrade. Education As we all agree knowledge is gained every day and learning never comes to a stop. Supply chain being a dynamic department involves new technologies and new ways of doing things. The firms therefore organize trainings offering different courses or new concepts. This would be inform of internal or external seminars or sponsored courses at a training institution. The level of new education impacted on the department is also considered since it has a direct bearing on the final end. However education as a metric comes into play by gauging the performance changes after the training. If the performance moves on a positive side the offered training is considered a success and vice versa. References Gloria J. Miller, D. B. (2006). Business Intelligence Competency Centers: A Team Approach to Maximizing Competitive Advantage. John Wiley Sons, 2006. Herschel, R. T. (2012). Principles and Applications of Business Intelligence Research. IGI Global, 2012. Lambert, D. M. (2008). Supply Chain Management: Processes, Partnerships, Performance. Supply Chain Management Inst, 2008. Shoshanah Cohen, J. R. (2013). Strategic Supply Chain Management: The Five Core Disciplines for Top Performance, Second Editon. Boston: McGraw Hill Professional. Zeid, A. (2014). Business Transformation: A Roadmap for Maximizing Organizational Insights. John Wiley Sons, 2014.