Tuesday, December 24, 2019

Distribution Channels And Supply Chain Management Essay

This essay is about what is supply chain management. This will cover how different distribution channels and supply chains are used in the process of international trade. This will also show the different stages of the supply chain and the five defining themes involved in supply chain management. First I will start with defining what a supply chain is, Coyle, Bardi, Landgley (2003) describe a supply chain as the physical, financial and information networks that involve gathering the necessary materials, information and funds to deliver the final product to the end customer. Therefor the supply chain starts at acquiring the raw materials and finishes at delivering to the end user. The goal of supply chain management is to build an efficient and effective process that involves teamwork and technology to create value for the final customer (Fawcett, Ellram, Ogden , 2013). It is important to understand what supply chain management is Fawcett et al. (2013, p8) define supply chain management as, â€Å"The design and management of seamless, value added process across organizational boundaries to meet the real need of the end customer†. Wailding (2011) described supply chain management as, â€Å"Management of upstream suppliers and downstream customers to create enhanced value in the final market place at the least cost to the supply chain as a whole†. From the above definitions they display supply chain management to be enhancing value to the end customer and keeping supply chainShow MoreRelatedDistribution Channels and Supply Chain Management in High-Tech Markets1411 Words   |  6 Pagesmanage complexities of distribution channels and supply chains to successfully deliver products in high-tech market. The authors claim that effective managing distribution helps the firms to reduce redundancies and inefficiencies in their production system. 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