TOPIC - SUPPLY CHAIN

Submitted By
Name: Aman Kumar Thakur

MAKAUT Roll No: 30605020040

Year: 3RD Semester: 6th
Paper Name: Supply Chain and Logistics Management
Paper Code: BBA-602

College Name: Narula Institute of Technology

Department: Business Administration (BA)

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 CONTENT

S. NO TOPIC PAGE NO.

1. Executive summary 3
2. Introduction 4
3. Description of the topic 5
4. Conclusion 6
5. Acknowledgement 7
6. Reference 8

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 EXECUTIVE SUMMARY

A supply chain is a network of businesses and individuals that are involved in the creation and
delivery of a particular product or service. The supply chain typically includes suppliers,
manufacturers, distributors, retailers, and ultimately the end consumers.

Efficient supply chain management is critical to the success of any organization, as it can help
reduce costs, improve quality, and increase customer satisfaction. Effective supply chain
management involves coordination and collaboration among all parties involved in the chain,
from raw materials suppliers to end users.

Modern technology has greatly enhanced supply chain management, with tools such as
electronic data interchange (EDI), radio-frequency identification (RFID), and advanced analytics
allowing for real-time tracking of inventory and shipments, as well as more accurate demand
forecasting and inventory planning.

However, supply chains can also be vulnerable to disruptions, such as natural disasters,
geopolitical events, or cyberattacks. Thus, companies must have contingency plans and risk
management strategies in place to mitigate the impact of such disruptions on their supply chains.

Overall, effective supply chain management is essential for businesses to remain competitive and
ensure the timely delivery of goods and services to their customers.
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INTRODUCTION

A supply chain is a complex network of businesses, people, and activities involved in the
creation and delivery of a product or service. This network typically includes suppliers,
manufacturers, distributors, retailers, and ultimately the end customers. Supply chain
management involves the coordination and integration of these activities, with the goal of
achieving optimal efficiency and effectiveness in the delivery of goods and services.

The importance of supply chain management has grown significantly in recent years, as
companies have increasingly relied on global sourcing and complex logistics to meet customer
demand. A well-managed supply chain can help reduce costs, improve quality, and increase
customer satisfaction, while a poorly managed one can result in delays, stockouts, and
dissatisfied customers.

Effective supply chain management involves a range of activities, including forecasting demand,
managing inventory, coordinating production and transportation, and monitoring supplier
performance. With the aid of modern technology, such as electronic data interchange, RFID, and
advanced analytics, companies can now manage their supply chains more efficiently and
effectively than ever before.

However, supply chains can also be vulnerable to disruptions, such as natural disasters,
geopolitical events, or cyberattacks. Companies must have contingency plans and risk
management strategies in place to mitigate the impact of such disruptions on their supply chains.

In summary, supply chain management is a critical component of modern business operations.

By effectively managing their supply chains, companies can improve their bottom line, enhance
customer satisfaction, and maintain a competitive edge in the marketplace.
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DESCRIPTION OF THE TOPIC

There are several drivers of supply chain management that influence the design, operation, and
performance of supply chains. These drivers can be categorized into four main groups:

Customer: Customers are a critical driver of supply chain management, as their needs and
preferences ultimately determine the demand for products and services. Companies must
understand customer demands, including product quality, price, delivery speed, and
customization, to design and operate effective supply chains that meet customer requirements.

Internal: Internal drivers of supply chain management include factors such as production
capabilities, inventory management, and organizational culture. These factors influence a
company's ability to manage its supply chain effectively and efficiently.

External: External drivers of supply chain management include factors such as market
competition, industry trends, and regulatory requirements. Companies must consider these
external factors when designing and operating their supply chains to remain competitive and
compliant.

Technological: Technological drivers of supply chain management include advancements in

information technology, automation, and communication. These advancements can improve the
speed and accuracy of supply chain operations, as well as enhance visibility and control over the
supply chain.

Overall, these drivers of supply chain management are interconnected and must be balanced to
design and operate an effective and efficient supply chain. Understanding these drivers and their
impact on supply chain operations is critical for companies to remain competitive and meet
customer demand.
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CONCLUSION

In conclusion, effective supply chain management is essential for companies to succeed in

today's competitive marketplace. By understanding the drivers of supply chain management and
designing and operating an efficient and effective supply chain, companies can improve their
bottom line, enhance customer satisfaction, and maintain a competitive edge.
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ACKNOWLEDGEMENT

I would like to express my special gratitude to my teacher Miss. Marcelline Salome Gomes, who
gave me the golden opportunity to prepare this report. During the preparation of this report, I
came across many new topics related to Supply chain management.
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REFERENCE

The websites are given below:

• https://chat.openai.com/chat

• https://www.drishtiias.com/daily-updates/daily-news-analysis/leads-report-2022

• https://www.scmglobe.com/five-supply-chain-drivers/

• https://www.academia.edu/9909769/A_REPORT_ON_SUPPLY_CHAIN_MANAGEME
NT_Main_functions_of_Supply_Chain_Management_are_as_follows_Inventory_Manag
ement_Distribution_Management_Channel_Management_Payment_Management_Financ
ial_Management_Supplier_Management
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