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    ISCM Assignment 02

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    Rishabh Jain
    This document discusses factors to consider when formulating a supply chain and the different eras of supply chain management. It outlines five key factors: 1) improving distribution networks, 2) devising distribution strategies, 3) monitoring cash flows, 4) establishing information conduits, and 5) tracking inventory. It also describes the two early eras of supply chain management: 1) the Creation era where the term was coined in the 1980s and involved large-scale changes, and 2) the Integration era from the 1960s-1990s where EDI and ERP systems were developed to integrate supply chains.

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    ISCM Assignment 02

    Uploaded by

    Rishabh Jain
    66 views2 pages
    This document discusses factors to consider when formulating a supply chain and the different eras of supply chain management. It outlines five key factors: 1) improving distribution networks, 2) devising distribution strategies, 3) monitoring cash flows, 4) establishing information conduits, and 5) tracking inventory. It also describes the two early eras of supply chain management: 1) the Creation era where the term was coined in the 1980s and involved large-scale changes, and 2) the Integration era from the 1960s-1990s where EDI and ERP systems were developed to integrate supply chains.

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    This document discusses factors to consider when formulating a supply chain and the different eras of supply chain management. It outlines five key factors: 1) improving distribution networks, 2) devising distribution strategies, 3) monitoring cash flows, 4) establishing information conduits, and 5) tracking inventory. It also describes the two early eras of supply chain management: 1) the Creation era where the term was coined in the 1980s and involved large-scale changes, and 2) the Integration era from the 1960s-1990s where EDI and ERP systems were developed to integrate supply chains.

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    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    66 views2 pages

    ISCM Assignment 02

    Uploaded by

    Rishabh Jain
    This document discusses factors to consider when formulating a supply chain and the different eras of supply chain management. It outlines five key factors: 1) improving distribution networks, 2) devising distribution strategies, 3) monitoring cash flows, 4) establishing information conduits, and 5) tracking inventory. It also describes the two early eras of supply chain management: 1) the Creation era where the term was coined in the 1980s and involved large-scale changes, and 2) the Integration era from the 1960s-1990s where EDI and ERP systems were developed to integrate supply chains.

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    of 2

    International Supply Chain Management

    Assignment: - 02
    Name: - Jain Rishabh Rajeshbhai
    Roll no: - 198

    Q: 1 What are five factors that you will take in to account while
    formulating supply chain?
    Ans: - 1. Improve your distribution network.
    Your company’s distribution network is the operational hinge you should build
    around. Distribution affects everything from delivery tracking to sales strategy. The
    main goal is to improve your distribution network, which you can do through a holistic
    approach or a cluster view.
    2. Devise a distribution strategy.
    A distribution strategy is integral to an effective framework for supplier management.
    It allows a business to have a better idea of what it takes to shorten delivery times,
    reduce goods decay, and improve customer service.
    3. Monitor cash flows.
    Cash flow monitoring is a fundamental tool that various organizations use to improve
    supplier management. It is important to track payment terms and conditions with
    several groups within the supply chain, forging an efficient plan to understand the
    technology used for monetary transfers.
    4. Establish information conduits.
    Information conduits are channels businesses use to share important data, like
    tracking information, with key partners. To establish proper information conduits,
    make sure data is distributed promptly and properly to pertinent recipients. For
    example, if your factory foreman needs more materials, this information should be
    conveyed to purchasing managers as well as store room supervisors and delivery
    personnel.
    5. Track your inventory.
    By utilizing tracking software or internal spreadsheets you design, you can monitor
    the whereabouts of your inventory. This will help you know how much of your product
    you have, how much you need, as well as if anything happens to it (damage, decay,
    theft, etc). It is important your staff knows how this system works so they can
    effectively log information, as well as participate in routine inventory assessments.
    Other things to consider are the location and quantity of inventory, including finished
    goods, work-in-progress items, and raw materials.
    International Supply Chain Management
    Q: 2 What are creation and integration era in supply chain?
    Ans: - there are five era in supply chain such as
    Creation era
    2. Integration era
    3. Globalization era
    4. Specialization era phase I
    5. Specialization Era phase II

    Creation era
    Supply chain management was first coined by a U.S. industry consultant in the
    early 1980s.
    Supply chain management include the need for large-scale changes, re-engineering,
    downsizing driven by cost reduction programs.

    Integration era
    Development of Electronic Data Interchange (EDI) systems in the 1960s and
    developed through the 1990s by the introduction of Enterprise Resource Planning
    (ERP) systems.

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