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Supply Chain Management and Logistics (SCML)

Introduction

Supply Chain Management and Logistics (SCML) is a multifaceted and interdependent system that oversees the transportation and distribution of goods and services from the producer to the ultimate consumer. Supply chain management involves coordinating and controlling the flow of goods, information, and financial resources from the initial stages of production to the ultimate delivery of finished products to the end user (Mukhamedjanova, 2020). The primary objective of SCML is to optimize the delivery of goods or services by minimizing expenses and maximizing revenue, all while ensuring timely and efficient delivery.

Characteristics from the Four Perspectives

Traditionalist Perspective

The traditionalist viewpoint sees Supply Chain Management (SCM) as a part of logistics rather than a separate field. This perspective emphasizes logistics as the primary focus, with SCM supporting. In essence, SCM is seen as managing the entire supply chain to enhance logistical operations rather than focusing on just a few parts of it. This approach assumes that logistics forms the basis for SCM.

Re-labelling Perspective

The perspective of re-labelling posits that SCM is merely new terminology for logistics, which may engender misleading implications. The argument posits that SCM is not entirely a new notion but rather a rebranding of the field of logistics. This perspective suggests that companies may use SCM as a marketing strategy to appear more contemporary and inventive.

Unionist Perspective

The Unionist Perspective sees SCM as comprising logistics alongside other components. Logistics pertains to the physical transportation and warehousing of goods, whereas SCM involves a broader range of tasks such as procurement, manufacturing, and distribution. The Unionist Perspective prioritizes synchronizing and consolidating all tasks involved in producing and delivering goods.

Intersectionist Perspective

The intersectionist perspective acknowledges that while logistics and supply chain management (SCM) can overlap, they also differ. It highlights the importance for businesses to manage their supply chain as a cohesive unit, recognizing the distinct roles of logistics while also considering the broader scope of SCM. This perspective views the supply chain as a complex system with multiple facets that are interconnected and interdependent, where each component has an impact on the others.

Adopted Perspective

To understand SCML, we use the Unionist approach emphasizing cooperation and coordination between supply chain components. Technology and data are essential for enhancing efficiency. Unionists recognize the interdependence of SCM and logistics and acknowledge the need for a comprehensive understanding of both. The goal of Unionists in SCML is to implement strategies that optimize supply chain performance, manage stakeholder relationships, promote sustainability, and ensure efficient and effective operations.

Role of SCML in our life

Supply Chain Management and Logistics SCML are vital in guaranteeing the availability, affordability, and quality of the products we purchase. The procurement of a product is influenced by SCML, which impacts the product’s accessibility, Quality, and cost (Waters, 2021). The absence of Supply Chain Management and Logistics SCML could pose difficulties in locating the intended merchandise at a cost that aligns with our budget and within the designated time.

Conclusion

Meeting consumer needs is a business’s primary objective. To maximize profits and achieve this goal, products must be available at the right time and place. The effective management of supply chains and logistics plays a crucial role in guaranteeing goods’ acquisition, manufacturing, quality, availability, and transportation to appropriate consumers within the appropriate timeframe.

References

Mukhamedjanova, K. A. (2020). Concept of supply chain management. Journal of Critical Reviews7(2), 759-766.

Waters, D. (2021). Logistics An Introduction to supply chain management. Palgrave macmillan.

 

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