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

Todays Supply Chain - Assignment ExampleTechnology has to be embodied too to ensure swift and real time communication between in the process.Traits of the best supply chains be characterized by sustained technical performance, which can be measured by the rates of deliveries made to clients. Some of the traits include strategic supplier partnership, tuition 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, there should be appropriate customer relationship which determines the way in which companies manage the complaints of their customers and maintain a long term relationship. Furthermore there is call for to develop a win-win relationship. At the alike(p) time, it is important to settle on the effects of a third customer lo gistic 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 shared with adequate determination on its effects. Information shared should be adequate, accurate, current credible and to ensure enhanced 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 have a mature supply chain. In this case, companies have well assessed risks that can cause a disruption on the normal supply chain and work towards mitigating