Title :
Building a Strategic Business Framework for Proactive Decision-Making in the Supply Chain Industry
Author :
Kim, Jinho ; Rogers, K.J.
Author_Institution :
Temple Univ., Temple
Abstract :
The supply chain has become an essential part of any industry and it already has been regarded as a separate big industry. Any company in a contemporary business arena must be involved in the supply chain industry entirely or partly. Some companies use their own resources and others outsource various functions from professional service providers. As the supply chain industry becomes mature and complex, the competition in the industry is much stronger than before. High performance in the back-end of the supply chain is not enough to guarantee the success of a company in the dynamic market. It should be integrated and coordinated with the front-end of the company´s supply chain and all these plans should be considered strategic business factors as a whole. From this point of view, this paper has adopted the techniques of strategic and competitive analysis typically used for enterprise consulting and has applied them to the supply chain industry. From this study we have constructed a strategic business framework which we propose for companies to use as a basis for proactive decision making.
Keywords :
strategic planning; supply chain management; contemporary business arena; dynamic market; proactive decision-making; professional service providers; strategic business factors; strategic business framework; supply chain industry; Business; Companies; Decision making; Engineering management; Manufacturing industries; Manufacturing systems; Mass customization; Supply chain management; Supply chains; Systems engineering and theory;
Conference_Titel :
Management of Engineering and Technology, Portland International Center for
Conference_Location :
Portland, OR
Print_ISBN :
978-1-8908-4315-1
Electronic_ISBN :
978-1-8908-4315-1
DOI :
10.1109/PICMET.2007.4349565