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REVIEW ON SEVERAL ISSUES OF SUPPLY CHAIN MANAGEMENT |
WANG Fei1,2, HU Xin-bu1,3 |
1. Management school, Xi'an Jiaotong University, Xi'an 710049, China;
2. Human Geography Institute, xi'an International Studies University, Xi'an 710061, China;
3. Architecture Engineering Department, Engineering College of Armied Police Forces, Xi'an 710086, China |
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Abstract Based on value chain supply chain management has become the chief management idea since 1980.This paper mainly focuses on inventory management, logistics planning, management of strategic partnership and Supply Chain Performance Measurement. Inventory management connects all parts of a supply chain management and greatly influences the efficiency of supply chain management. Inventory problem includes two parts: certainty and uncertainty problems. The assumption of certainty inventory is that the demand is fixed and continuous and the lead-time is certain. The assumption of uncertainty inventory is that the demand, the ordering cost and the lead-time are all stochastic and variable .The operation research methods are usually utilized to handle inventory problems. Logistics planning consists of three parts: layout planning, layout-assign problem and layout-route problem. Choosing the fit number and location of the facilities, rational assigning the tasks and planning the routes may lower the logistics costs and improve the efficiency of the supply chain and the speed of the response for the demands. Management of strategic partnership is an important research field of SCM. According to the core competition of enterprise, the decision maker chooses the outsourcing strategy. Management of vendor relationship is another chief field including choosing vendor, evaluating vendor and developing vendor.SCM performance measurement is the base of evaluating performance of nodal firms and total supply chain, coordinating the relationship of supply chain and distributing the benefits among the enterprises. The performance of internal and exterior of supply chain is core contents of measurement and establishment of evaluation index system is the key of measurement.Finally, this paper presents three tendency of supply chain management: green SCM, Agile Supply Chain and info-supply chain management.
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Received: 21 June 2004
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