Strategic fit requires that both the competitive and supply chain strategies of a company have aligned goals
Question:
Strategic fit requires that both the competitive and supply chain strategies of a company have aligned goals and objectives. There needs to be a level of consistency between the customer priorities that the competitive strategy hopes to satisfy and the supply chain capabilities that the supply chain strategy aims to build.
Provide a critical discussion on how an organization can go about achieving a strategic fit.
Question 4
The rapid growth and proliferation of global trade have contributed to the growth in global procurement and supply chain management. With companies operating in different countries and locations, the level of coordination and interaction increases.
Provide an in-depth discussion on the importance of supply chains within the context of global markets and strategy.
Question 5
First Brands Inc., the maker of such products as Glad sandwich bags, has successfully partnered with Kmart. In 1991, the company entered Kmart's Partners in Merchandise Flow program, in which vendors are responsible for ensuring appropriate inventory levels to Kmart at all times, at Kmart's insistence. Initially, Kmart provided a three-year sales history, followed later by daily POS data to First Brands, which uses special software to convert these data into a production and delivery plan to each of Kmart's 13 distribution centers.
Give a critical discussion on how the relationship between First Brands and Kmart is a strategic retailer-supplier partnership. In your discussion also include how this influences inventory ownership.
Transportation A Global Supply Chain Perspective
ISBN: 9781337406642
9th Edition
Authors: Robert A. Novack, Brian Gibson, Yoshinori Suzuki, John J. Coyle