Where does the coal go

Summary: a daughter tells this story. Her father thought all the time that where
does the coal go? He tried many ways to find the coal. He was a ship lover and
observed things very closely. They tried heart and soul to find how the coal
vanished. They travelled many destination and found out everything. He saw
that the railroad shunt that moved the coal from the ships to huge machines
that transferred it to a massive web of railroad cars. Companies of all sorts seem
to be striving for the same kind of end-to-end view of their businesses. That’s
how they found all thing. After several weeks, her father died unexpectedly.

Analysis: this is story between father and daughter. Father had a doubt about
disappearing coal. He searched for the answer. After all the things, he found out
all the details. Coal has many important uses worldwide. The most significant
uses of coal are in electricity generation, steel production, cement
manufacturing and as a liquid fuel. Different types of coal have different uses.
Steam coal - also known as thermal coal - is mainly used in power generation.
Coal is the biggest cost constituent for the thermal power generators. Also,
managing the coal is a complex task. Here, the players face innumerable
problems across the supply chain of the coal right from the sourcing to the
logistics management, bulk handling, yard management, and overall quality
management. The coal players should aim at the effective implementation of
SCM policy with an objective to create, maintain and consistently better a fair,
reasonable, transparent, viable and last but not the least a cost-effective Supply
chain management system. The managers must make sure that the decisions
should be made within a framework of financial efficiency that also supports the
social and economic needs of their country. They must also deploy a uniform
Supply Chain policy, purchasing cut-off values, easy procedures and templates
and ways to manage the organization’s purchase business efficiently. The coal
company often also negotiates for the right item at the right time and also in the
right quantities to aim for a right quality at a right price. This brings a lot of
benefit to the company. Setting the targets for a constant upgrade and
continuous promotion, acceleration and support the procurement of goods and
services with the codes of good practice is a wise idea too.
Now we can say that, supply chain management (SCM), the management of the
flow of goods and services, involves the movement and storage of raw
materials, of work-in-process inventory, and of finished goods as well as end to
end order fulfilment from point of origin to point of consumption.
Interconnected, interrelated or interlinked networks, channels and node
businesses combine in the provision of products and services required by end
customers in a supply chain. Supply-chain management has 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." SCM practice draws heavily from the areas
of industrial engineering, systems engineering, operations
management, logistics, procurement, information technology, and
marketing and strives for an integrated approach.

Reference:
1. https://en.wikipedia.org/wiki/Supply_chain_management
2. http://www.bcmcoal.com/blog/coal-supply-chain-management/
3. https://www.sciencedirect.com/science/article/pii/S1878522009002495
4. https://www.informationweek.com/it-leadership/global-cio-
remembering-my-dad-the-greatest-guy-ive-ever-known/d/d-
id/1090867?fbclid=IwAR3NRqwxHds1OSzAjLEqaofu4-
89fv_vLVZwPVKbtfpMVe_qNg6eyTxfQcU
5. http://www.crushingnquarrying.com/2019/03/13/understanding-
supply-chain-management-in-mining-industry/