A What is meant conceptually by the collaborative supply cha

A)   What is meant, conceptually, by the collaborative supply chain?

B) What does a collaborative supply chain offer in meeting the goals of (O)SCM?

C) State and describe two (2) critical considerations in forming a supply chain partnership. For each of the two (2) stated considerations, what types of evidence would suggest/offer that these considerations are met?

Solution

1) Supply chain management (SCM) is \"the systemic, strategic coordination of the traditional business functions and the tactics across these business functions within a particular company and across businesses within the supply chain, for the purposes of improving the long-term performance of the individual companies and the supply chain as a whole.\" It has also been defined as the \"design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand and measuring performance globally

The term \"supply chain management\" entered the public domain when Keith Oliver, a consultant at Booz Allen Hamilton, used it in an interview for the Financial Times in 1982. The term was slow to take hold. It gained currency in the mid-1990s, when a flurry of articles and books came out on the subject. In the late 1990s it rose to prominence as a management buzzword, and operations managers began to use it in their titles with increasing regularity.David Jacob (2009), Guide to Supply Chain Management: How Getting it Right Boosts Corporate Performance (The Economist Books), Bloomberg Press; 1st edition, Dan Shunk, & Tom Callarman (2006).

Commonly accepted definitions of supply chain management include:

2)

Collaboration. Collaboration. Collaboration. It