Todays Supply Chain Assignment Example | Topics and Well Written Essays - 1250 words

Todays emerge Chain - Assignment ExampleTechnology has to be incorporated too to ensure swift and substantial time communication between in the process.Traits of the best yield chains are characterized by preserve good performance, which can be measured by the rates of deliveries made to customers. Some of the traits include strategical supplier partnership, information sharing, customer relationship, internal lean practices, information quality and postponement. Strategic supplier partnership, involves a long standing relationship between the suppliers and the companies. This is usually designed to align the strategies of the suppliers with that of the company. Secondly, in that location should be take away customer relationship which determines the way in which companies manage the complaints of their customers and maintain a long term relationship. moreover at that place is need to develop a win-win relationship. At the same time, it is important to settle on the do of a third customer logistic provider relationship on the companies green logistic performance. Thirdly, there is need to develop well defined information sharing between the employees and the customer should be divided with adequate determination on its effects. Information shared should be adequate, accurate, current credible and to ensure heighten performance and increased relationship. In addition, the supply chain management should be inclusive of the extent to which there are waste elimination practices and creation of value with the chain supply. Lastly a good supply chain practice should determine the postponement endures so as to minimize on the losses.Once a company develops a risk management plan of a supply chain, then it is said to go a mature supply chain. In this case, companies have well assessed risks that can cause a rift on the normal supply chain and work towards mitigating