Nokia Supply Chain

Nokia Supply Chain

Introduction

It is said that a chain is only as strong as its weakest link. Thus, every effort is made by managers to make sure that a weak link does not exist in the supply chain model of a company. And if they find one, they do their best to make sure that it is strengthened. As a company operating across the globe, the supply chain model of Nokia is multifaceted and complex (Skjott-Larsen & Schary, 2007). This puts a lot of responsibilities on the shoulders of the people responsible for planning supply chain of the company. Ideally, managers are committed to ensuring that the highest levels of corporate responsibility standards are in place and they work to anticipate risks in order to maintain their core values while also aiming for an improvement in administrative practices. This helps them to increase employee well-being and to treating the communities in which they operate.

Discussion

Supply Chain Management - SCM - refers to the management approach covering the entire spectrum of activities of procurement, partnerships, customer satisfaction (with respect to vertebral chain customers and end-customers), information management, supply chain and logistics (Skjott-Larsen & Schary, 2007). Comprehensive approach to planning and managing the supply chain replaces the traditional approach, based theory is not suitable for other changes in the business world, characterized by competition, globalization and changing the unique needs of customers.

Today there are computerized technologies that allow administrators to manage their own supply chain. Collaborative Supply chain management includes planning, implementation and control of the activities of the chain in that maximizes its performance. In recent decades the world had witnessed far-reaching changes, including technological advances, globalization of markets and political stability in world markets (Skjott-Larsen & Schary, 2007). Supply chain management allows an organization to maximize customer satisfaction; the key to success is cooperation and information between all stages of the supply chain.

Nokia Supply Chain

Nokia is the industry leader in products, materials management. Our main goal is that they know all of our products raw materials (they are not only those that could be harmful) and ensure that they are properly used, safe for people and the environment. Be the first mobile phone manufacturer, they are able to provide a full Environmental Product of our products (Simchi-Levi et al., 2009). Therefore, they can react quickly if the substances they use to emphasize something new and troubling. Health and environmental regulatory requirements is a basic requirement. Compliance with the law is only the starting point for us, and in many areas they do more than the law requires.

Six Components of Nokia's Supply Chain Model Management

They comply with the precautionary principle if they have a legitimate reason to be concerned about the possibility of serious or irreversible damage to health or the environment, they consider important to begin collecting additional information and evaluation, even if the full scientific certainty should (Simchi-Levi et al., 2009). This can lead to voluntarily replace any potentially harmful substances with safer alternatives whenever they are ...