Postgraduate level- Managerial Report- Global Supply Chain Management

Postgraduate level- Managerial Report- Global Supply Chain Management Order Description Postgraduate level- Managerial Report- Global Supply Chain Management Please, read all attached material carefully, show evidenced of deep research and understanding and cove all Learning Outcomes. Note: Reading material, power point slides slide (very important file names from S.0 TO S6 uploaded) and Lecture Topic are (attached) below but only as starting point. So, Please use reliable sources and kindly expand more in both academic and practical sources (including Journals) to support your critique – give evidence and use multiple sources The task is maximum of 2000 word excluding references and appendix Managerial Report Format not an essay Q/ Provide a critical analysis of HOW and WHY successful global supply chain management practices may impact on an organisation’s overall performance. You will need to consider how you define: Overall performance ‘How’ ‘Why’ Successful GSCM practices NOT necessarily in that order! You should use both academic and practical sources to support your critique – give evidence and use multiple sources, not just single sources. You may use appendices. Omega 34 (2006) 107 – 124 www.elsevier.com/locate/omega The impact of supplychain management practices on competitive advantage and organizational performance Suhong Lia,*, Bhanu Ragu-Nathanb, T.S. Ragu-Nathanb, S. Subba Raob aComputer Information Systems Department, Bryant University, 1150 Douglas Pike, Smithfield, RI 02917-1284, USA bCollege of Business Administration, The University of Toledo, Toledo, OH 43606, USA Received 20 March 2004; accepted 16 August 2004 Available online 29 September 2004 Abstract Effective supplychain management (SCM) has become a potentiallyv aluable wayof securing competitive advantage and improving organizational performance since competition is no longer between organizations, but among supplychains. This research conceptualizes and develops five dimensions of SCM practice (strategic supplier partnership, customer relationship, level of information sharing, qualityof information sharing, and postponement) and tests the relationships between SCM practices, competitive advantage, and organizational performance. Data for the studywere collected from 196 organizations and the relationships proposed in the framework were tested using structural equation modeling. The results indicate that higher levels of SCM practice can lead to enhanced competitive advantage and improved organizational performance. Also, competitive advantage can have a direct, positive impact on organizational performance. 2004 Elsevier Ltd. All rights reserved. Keywords: Supplychain management; Competitive advantage; Organizational performance; Structural equation modeling 1. Introduction As competition in the 1990s intensified and markets became global, so did the challenges associated with getting a product and service to the right place at the right time at the lowest cost. Organizations began to realize that it is not enough to improve efficiencies within an organization, but their whole supplychain has to be made competitive. The understanding and practicing of supplychain management (SCM) has become an essential prerequisite for staying competitive in the global race and for enhancing profitably [1–4]. Council of Logistics Management (CLM) [5] defines SCM as the systemic, strategic coordination of the * Corresponding author. Tel.: +1-401-232-6503; fax: +1-401- 232-6435. E-mail address: [email protected] (S. Li). 0305-0483/$ - see front matter 2004 Elsevier Ltd. All rights reserved. doi:10.1016/j.omega.2004.08.002 traditional business functions and tactics across these businesses functions within a particular organization and across businesses within the supplychain for the purposes of improving the long-term performance of the individual organizations and the supplychain as a whole. SCM has been defined to explicitlyrecognize the strategic nature of coordination between trading partners and to explain the dual purpose of SCM: to improve the performance of an individual organization, and to improve the performance of the whole supplychain. The goal of SCM is to integrate both information and material flows seamlesslyacross the supply chain as an effective competitive weapon [1,6]. The concept of SCM has received increasing attention from academicians, consultants, and business managers alike [4,6–8]. Manyor ganizations have begun to recognize that SCM is the keyto building sustainable competitive edge for their products and/or services in an increasinglycro wded marketplace [9]. The concept of SCM has been considered