Reducing Complexity Levels Within Supply Chain Management

Reducing Complexity Levels Within Supply Chain Management Supply chain management (SCM) practitioners are often asked to discuss the top challenges they face in today’s business environment. Since change is constant, the challenges experienced today will at some point change over time. Over all, when taking into consideration all the challenges found in today’s SCM environment, one may wonder how it is possible to effectively and efficiently manage activities within a complex SCM. The answer lies within the decision making and problem solving processes covered this term. Since it is proven that multiple problems are best tackled one at a time, this research paper will evaluate and recommend a best solution as well as provide an execution timeframe and cost analysis of implementing a best approach to reduce the levels of complexity within a supply chain. Supply Chain Management (SCM) SCM is embedded and influences all facets of business operations. More precise, SCM is the proactive management of logistics, product development, sourcing, production, business processes, information systems, and business finances as they transition though the many facets of the supply chain-from raw materials to consumer (APICS Supply Chain Council, 2014). Also, its emphasis is to sustain its competitive advantage through the maximization of customer value. Competitive advantage sustainability is only feasible through a conscious effort by all stakeholders within the supply chain toShow MoreRelatedAdvanced Technology And Supply Chain Management1434 Words   |  6 Pagesplanning of resources and optimizing the processes of the company and profit. The purpose of this research report is to explore one technology that has made a great impact on the supply chain and is increasingly becoming more popular. 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