The Effect of Supply Chains Management Process Essay

Supply chains management (SCM) is one of popular concept in business administration both in practical areas and academic discipline. Supply chains management can be seen as a response to the changing of global market conditions. Level of uncertainty in almost every aspect of our life from political to economy, from natural disaster to advance technology has lead massive changes in global and local market. SCM then is one of the concepts used by both scholar and company to overcome the challenge of recent drastic market change (paconsulting.com n.d.). In SCM, every aspect and every party connected to the market should be considered as important players. The link of the supply chains in modern world has become longer and more complex,†¦show more content†¦This challenging condition of global economy for 2014 that is remains unpredicted; SCM is become more important in economic and business discussion. SCM will not only affect company’s organizational performance due to better management of its supply chain but also its competitive advantage. Business consultant, scholars, business practitioners from small firms to MNC are become more aware the importance of SCM (Li et al 2014). Retail business or retail industry is one of the economic sectors that face challenging economic conditions in 2014. Global economic conditions has lead to the decreasing of consumer’s buying power, thus, consumers now become more selective on spending their money. Retail business that is connected directly with the end user should be more creative to attract consumer buying their goods or services. Retail business’s complex supply chains make it a perfect example of how a good SCM will affect on company’s performance in this challenging era. Based on the brief background above, I purpose a research proposal about how supply chains management process affect organizational performance and competitive advantage of a company especially in retail business in Britain as the leader in world’s retail industry. Literature Review Supply Chain Management (SCM) Supply chain management is a popular term in business administrationShow MoreRelatedSupply Chain Management : Supply And Demand Management1407 Words   |  6 Pages A supply chain is the system where an organization and its people, activities, information, and resources all are involved in transferring a product or service from supplier to customer. After the product is finished accumulating its raw materials and its components then Supply chain activities is delivered the product to the end customer. In sophisticated supply chain systems, people can recycle the product of used products may re-enter the supply chain at any point. 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