Identify the ten (10) elements of a firm’s global supply chain strategy

Upon completion of the Required Readings, write a thorough, well-planned

narrative answer to each of the following discussion questions. Rely on your

Required Readings and the Lecture and Research Update for specific information to

answer each discussion question, but turn to your original thoughts when asked to

apply, evaluate, analyze, or synthesize the information. Appropriately cite all

resources used to answer the discussion questions and include an APA-formatted

bibliography for each. Your Discussion Question responses should be both

grammatically and mechanically correct, and formatted in the same fashion as the

questions themselves. If there is a Part A, your response should identify a Part A,

etc.

Identify the ten (10) elements of a firm’s global supply chain strategy.

Discuss the move from cost-driven supply chain optimization to customer-driven.

A 2 -page response is required.

A supply chain includes the continuous flow of products, monkey and information.

Hence, the way supply chains are managed significantly affects a firm’s competitiveness in areas

such as working capital prerequisites, product costs, customer service perception and speed to

market among other areas. As such, proper positioning of a firm’s supply chain with its overall

business strategy is critically important in order to ensure a progressive business performance.

Daniels, Radebaugh and Sullivan (2000) have outline an organization’s global supply

chain plan as encompassing the following ten elements:

[….] customer service requirements, plant and distribution center network design,

inventory management, outsourcing and third-party logistics relationships, key

customer and supplier relationships, business processes, information systems,

organizational design and training requirements, performance metrics and

performance goals (p. 163).

The major goal of a supply chain strategy is to define the link and combination of all

business activities and functions all through the value chain with the aim of ensuring that the

business value promise to the customers in a marketplace is fulfilled (Porter, 2008). Putting

emphasis on the efficacy of transactions among connections in a firm’s supply chain enables the

company to lower its operational costs.

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