Home » Principles of Good SCM

Principles of Good SCM

Anderson et al. (1997) lists seven principles. These are groupings of activities that a successful company with strong SCM ought to perform. The groupings are to some extent arbitrary, but they are reasonably inclusive and exhaustive.Klapper et al. (1999) lists various metrics by which SCM should be evaluated. These are specific performance parameters that can, at least in principle, be expressed as numbers. Examples include percent on-time deliveries, logistics cost as a percentage of the cost of the goods transported, and the like.The list in Klapper et al. (1999) is couched in military terminology; one metric, for example, is “Weapon system not mission-capable (NMC) rates.” To illustrate, an attack helicopter company with two out of 20 aircraft grounded for lack of parts would have a NMC rate of ten percent. One civilian equivalent of NMC might be, “Percent of production capacity idle because either parts or materials are lacking.” The exact metric would depend upon the company.A metric is a way of measuring something. An activity is something to be measured. Here are some metrics pertaining to a runner; speed, metabolic base rate, cardiovascular efficiency. If the activity or “principle” being considered is “Being competitive in organized races,” then clearly the most relevant metric is speed. The others are important, but play supporting roles; a runner with a low metabolism and poor cardio efficiency is unlikely to be fast, and even less likely to be a good distance runner.Case AssignmentFollowing your careful study of the two articles, you are to write an essay that includes the following: • A short description of each of the seven principles.• A short description of the eight metrics, in civilian terminology (see the example above)• An explanation of which metrics are most relevant to evaluating the company’s success with respect to each of the seven principles.There are no “right answers.” Construct strong logical arguments, showcasing your detailed understanding of both the company you’re studying, and the background information. Use citations and references as appropriate.Assignment Expectations• Write a well-constructed essay. Feel free to use tables and bulleted lists, if appropriate.• The readings may not provide specific answers. In that event, will need to “fill in the gaps,” using your understanding of the material presented in the Module, and the background sources.• Style and format must comply with the Writing Style Guide. (TUI Guide, n.d.) This is not an English course; however, errors in spelling, grammar and style will be penalized.• Provide citations and references. Use of APA style is encouraged, but not required. Please see the TUI Writing Guide, or visit the Purdue Online Writing Lab (OWL, 2015).• There is no page requirement. Write what you need to write, neither more nor less.References:Anderson, D., Britt, F., & Favre, D. (1997). The seven principles of supply chain management. Supply Chain Management Review, 1(1); 3-8. Retrieved on 15 May 2018 from http://www.scmr.com/images/01.SevenPrinciples.pdf Bay Tact. (2014). The public register online. Retrieved on 15 May 2018 from http://www.annualreportservice.com/ Beamon, M. (1998). Supply chain design and analysis: Models and methods. International Journal of Production Economics, 55(3): 281-294. Retrieved on 15 May 2018 from http://cc.sjtu.edu.cn/G2S/eWebEditor/uploadfile/20130422135057354.pdf IBIS. (2015). IBISWorld. Retrieved on 15 May 2018 from http://clients1.ibisworld.com/ Klapper, L. et al. (1999). Supply chain management: A recommended performance measurement scorecard. Logistics Management Institute document LG803R1. Retrieved 15 May 2018 from http://www.acq.osd.mil/log/sci/exec_info/scorecard.pdf OWL. (2015). APA Style (Purdue Online Writing Lab). Retrieved on 15 May 2018 from https://owl.english.purdue.edu/owl/section/2/10/ Rensvold, R. (2014). Accessing a Course in ProQuest. Trident University teaching material. Available from Trident University International, 5757 Plaza Drive, Cypress, CA 90630. Retrieved on 15 May 2018TUI Guide (n.d.) Trident University International writing style guide for GE, BSBA, BSCS, BSHRM, BSL, BSHS and BSITM. Retrieved on 15 May 2018 from https://mytlc.trident.edu/files/Writing-Guide_Trident_2014.pdf

Don't use plagiarized sources. Get Your Custom Essay on
Principles of Good SCM
Just from $13/Page
Order Essay
Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
Live Chat+1(978) 822-0999EmailWhatsApp

Order your essay today and save 20% with the discount code BEGOOD