Supply Chain Management Assignment Example | Topics and Well Written Essays - 2000 words

Supply Chain Management - Assignment ExamplePerhaps the foremost social and economical responsibility levied upon private and public organisation in recent decades is the maximisation. This responsibility is being increasingly systematize in law and various governmental orders. Its regularise is becoming increasingly pervasive through a constant series of federal court decisions as well as steady enlargement in the size and scope of administering agencies.Despite the pressure from the competitors Nostovias new airport will undertake effective tag on recognizement as the cutting edge. Higher number of satisfactory customers and efficient services will maximize the profitability of Nostovia by attracting a large number of foreign tourists.It is argued that the supply chain standards are non fixed at a uniform level or universal conditions cannot be established. Several factors should be taken into consideration while implementing a supply chain implementation or improvement plan. Factors bestow to the effective development of supply chain management are many and varied, which includeThe main base of competitive advantage in services industry is efficient service for the customers. Supply chain plays an pregnant role in the efficient service provision to the customers. The goal of a supply chain should be to maximise overall supply chain profitability. Supply chain profitability is the difference between the tax income generated from the customer and the total cost incurred across all stages of the supply chain. Supply chain decisions have a large impact on the success or failure of each firm because they significantly influence both the revenue generated as well as the cost incurred. Successful supply chains manage flows of product, information, and funds to provide a high level of product availability to the customer while retentiveness costs low. (Chopra & Meindl, 2004