Supply Chain Management Research Paper Example | Topics and Well Written Essays - 750 words

supplying Chain Management - Research Paper ExampleIn this regard, this involves the processes of beseech counselling and production steering. found on the foregoing, this expose elucidates on the link between both demand management and product readiness with logistics be after. Bowersox, Closs, and barrel maker (200_) noted, The increasing complexity of product offerings and marketing tactics in conjunction with shorter product lifetime cycles requires increased accuracy, flexibility, and consistency in determining inventory requirements (p. 134). In effect, a solid should seek to consider that their management of the supply chain was accurate, consistent, and allowed flexibility along the supply chain. This effectively inks demand management and logistics management since demand management systems seek to provide such capabilities in two different ways (Bowersox, Closs, & make, 200_, p. 134). First, Bowersox, Closs, and Cooper (200_) noted, Demand management develops the forecast that drives anticipatory supply chain processes (p. 134). In effect, a firm volition determine the amount of goods to educate and its requirements in terms of stock based on a firms projections. Secondly, Bowersox, Closs, and Cooper (200_) noted, Demand management process focuses on creating forecast consistency across duplex products and warehouse facilities (p. 135). ... m should balance between the capability of its resources, including human resources, and the manufacturing stock while identifying the optimum point, which is the prototype point of production. In order to achieve the optimum point of production and supply goods to customers, firms must fare effective approaches to production planning. Consequently, the need to forecast and identify the optimum point in production cerebrate product management to logistics planning. Bowersox, Closs, and Cooper (200_) support this argument and noted, Production planning uses the statement of requirements obtained fro m demand management in conjunction with manufacturing resources and constraints to develop a workable manufacturing plan (p. 135). In this case, a firm forecasts utilize this statement to identify the items required and the time when required by consumers, which enables the firm to manage its resources effectively to produce the desired goods. One of the elements in logistics planning involves a firms responsiveness to their customers needs. In this case, a firm should always make a product available to their customers when required. In effect, a firms production planning should be effective to ensure that its products were always available to their customers. Bowersox, Closs, and Cooper (200_) noted, Production planning identifies the items that should be produced in anticipation of the need to remain within production constraints and merely minimize inventor (p. 135). For this reason, production planning plays an integral role in logistics planning. In conclusion, effective logi stics planning should involve accuracy and consistency in the forecasting of the required products by consumers, which is demand planning. In addition, demand planning will enable a firm