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Tools and Success in Management

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Tools and Success in Supply Chain Management
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Tools and Success in Supply Chain Management
In supply chain management success is about improving operations and staying ahead of the competition. Another attribute is an effective innovation which leads to better outcomes. Success is achieved when movement is easy to track. As a manager, I consider myself successful when my company can handle materials faster, optimize floor space and forecast for the future. Success is about increasing productivity and keeping costs down. It’s also about managing people effectively. A transparent supply chain is an indicator of supply chain management success. Sharing information freely minimizes financial and reputational loses. Success is also indicated by a quality supply network with the right partners.
I will apply an information system in order to facilitate communication and information sharing among partners. I will enhance the flow of product information by using product information systems like RFID. This will also enhance product tracking throughout the supply chain. Adoption of information systems means that Data transfer will be more effective and orders will be processed in a shorter time (Nagy, 2011). Optimization of material flow is achieved through vendor-management inventory systems and the assortment of goods. Tools for supporting cost and performance assessment will help in examining supply chain costs and the performance of individual entities (Nagy, 2011).

Wait! Tools and Success in Management paper is just an example!

Supply chain metrics are tools for analyzing and measuring the entire supply chain. Here, I will use the activity-based costing tool to map the financial and logistical performance.
As a supply chain manager in the U.S Army, I implemented an information system called GCSS-Army which helps in tracking the movement and location of products in real-time. I used sensors which communicate with onboard diagnostics to ensure the continuity of product movement. I applied the flow optimization tools using the concept of intra-transit visibility to ensure a smooth flow of equipment and personnel. I facilitated the procurement and stocking of usable parts across all military services. This simplified management and creates a single flow of goods to reduce congestions in communication (Marriot, 2017). I implemented the supply chain metric and assessment tools by adopting the global combat support system. It combines readiness and financial assessment systems. These ensure accurate cost management and gives an insight into the financial visibility of tactics and equipment.
References
Marriot, D. (2017). Using Civilian Supply Chain Management Best Practices to Improve Army Supply Chain Management Procedures. US Army Command and General Staff College Fort Leavenworth United States.
Nagy, J. (2011). Types of Supply Chains and Tools for Management–Empirical Analysis (Doctoral dissertation, Budapesti Corvinus Egyetem).

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