The Role of Strategic Supply Chain Management in Wine Retail
ACKNOWLEDGEMENT
I would like to take this chance for thanking my research facilitator, friends & family for support they provided & their belief in me as well as guidance they provided without which I would have never been able to do this research.
DECLARATION
I, (Your name), would like to declare that all contents included in this thesis/dissertation stand for my individual work without any aid, & this thesis/dissertation has not been submitted for any examination at academic as well as professional level previously. It is also representing my very own views & not essentially which are associated with university.
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Table of Contents
ACKNOWLEDGEMENTii
DECLARATIONiii
CHAPTER 01: INTRODUCTION1
Rational of the Study3
Aims and Objectives3
Research Question4
CHAPTER 02: LITERATURE REVIEW5
SCM Strategies5
Lean Supply Chain7
Agile Supply Chain7
Hybrid Supply Chain8
Supply Chain Management Practices8
Strategic Supplier Partnership9
Customer Relationship10
Information Technology Utilization11
Supply Chain Management Performance12
Supply Chain Integration13
Global Food Systems14
Structure of the Conventional Food Retailing Sector15
Supply chain management in Wine Retail16
Local and Shortened Food Supply Chains17
Benefits of SCM18
Collaborative Planning Forecasting and Replenishment (CPFR)19
Benefits of CPFR20
Vendor Managed Inventory (VMI)21
Modularity Based Manufacturing Practices22
Process Modularity24
REFERENCES26
CHAPTER 01: INTRODUCTION
Background of the Study
Supply chain management has been defined in many different ways. A common definition of SCM includes the flow of materials and information along the supply chain in order to meet customer requirements in an efficient manner. Two important elements in the definition of SCM are flow of products, and flow of information. As more firms realize that effective supply chain management is the key to building and sustaining competitive edge in their products and services, they are finding ways to improve the performance of their supply chains by managing and integrating key information elements into their supply chains. It is impossible to achieve effective supply chain integration without information technology, since IT plays a critical role in the success or failure of the supply chain; IT is a necessary factor in the survival of SCM projects. IT has the potential to manage the flow and to impact many dimensions of the supply chain, such as cost, quality, delivery, flexibility, and, ultimately, the profit of firms. Supply chain coordination and integration is facilitated by the use of integrated information technologies, which directly impacts a firm's financial performance.
Significance of the Study
Despite the importance of information system in managing the supply chain and with many firms investing in costly new systems and applications, a number of firms continue to struggle in their efforts towards effectively integrating the physical goods and information flow in their supply chains. Supply chain management practices and strategic initiatives taken by supply chain experts require using information intensively; and thus, they require the support of inter-organizational information systems. They argue that supply chains at different levels of integration and coordination require different levels of information system integration. Therefore, they propose a conceptual framework for the alignment of information system with the needs of the supply chain members, arguing that a high level of supplier integration must be aligned with a high level of information technology ...