SUPPLY CHAIN MANAGEMENT AND PARTNER SELECTION

Supply Chain management and Partner Selection

Table of Contents

CHAPTER 13

INTRODUCTION3

Problem Statement4

Research Rationale5

Research Objectives7

Delimitation of the research8

Research Questions8

CHAPTER 210

LITERATURE REVIEW10

Supply Chain Management10

Supply Chain management and Partnership13

CHAPTER 316

METHODOLOGY16

Research Method16

Structured Literature Review16

Identifying key words and search strings17

Selecting search engines20

Identification of the Sources of Information20

Researcher's analysis of the use of the data collected23

Justification of the number of articles selected25

REFERENCES26

Chapter 1

Introduction

This chapter introduces the subject of the research thesis and briefly provides an overview of the thesis. It begins by exploring the background of supply chain as well as summarizes the problem statement and the methodology used to research the thesis. It also presents the rationale behind supply chain in addition to the selection of the right partner. The latter portion of the chapter presents to the reader the research framework that is explored in the thesis.

Background of the Study

There is a modifying apprehension of value from consumers away from price towards personalization and expedience (Kanter ? 1994). This pattern shift places the consumer in control and forces companies to re-evaluate their supply chain's reply to this definition. This driver stretches out the focus on intra-enterprise competency to a spread out inter-enterprise account. It acquaints the concept of process ? people as well as program arrangement across the trading partners which consist of a supply chain ? while accordance along with optimization are the fundamental principles(Doze ? Hamel ? 1998).

The first rule of supply chain performance is visibility or profundity of what's happening in the supply chain. The extensive the visibility of goods as well as their standing within the chain ? the improved service offered to the customers. The next variable of supply chain management performance is velocity or the swiftness of the supply chain. It is managed by the speed of access to good data ? planning cycles along with execution cycles (Kanter ?1994). At last ? variability or the ability to manage change supervises supply chain management performance. Average companies are still cantered on managing or coping with variability by way of simply better forecasting. Best-in-class companies realize which change is certain ? moreover while continuing to forecast ? they shift their business as well as supply chain management to be more adaptive plus nimble in the face of change(Doze ? Hamel ? 1998).

Problem Statement

The problem in supply chain lies with the selection of the right partner. Supply chain partnerships are relationships among two or more independent entities in a supply chain to achieve specific objectives (Beamish ? 1987). Basically ? these partnerships are generally created to increase the financial as well as operational performance of each channel. These objectives are accomplished through reductions in total costs ? reductions in inventories ? also increased levels of shared information (Hagedoorn ? 1993). Over a period of time these partnerships can evolve moreover lead to improved service ? technological innovation ? and product design.

Research Rationale

This research highlights a variety of problems linked to “Supply chain and partner selection” as well as gives a broad analysis of “various ...