Assignment Example | Topics and Well Written Essays - 500 words - 141

Assignment Example en ways in which supply management has an impact on a firm’s sales are associated the following activities that integrate business management process across the supply chain. Customer relationship management, customer service management, demand management, order fulfillment, manufacturing flow management, supplier relationship management, product development and commercialization and management of returns, all of which determine market demand and production capacity of an organization. Support for strategic supply chain management has to come from the top management of an organization because of several reasons. Firstly, strategic processes require decisions from the top management because they relate to the main objectives of an organization. Secondly, strategic supply chain management involves application of various tactics that heave to be authorized by the top management. Lastly, strategic supply chain management incorporates operational decisions that also have to be directed by the top management because they relate to company objectives. Supply chain management position is important in organizational structure for two major reasons. To begin with, supply chain managers ensure that customer services are boosted hence increasing an organization sales. Secondly, supply chain managers ensure that an organization enjoys high profits by ensuring that product supplies are made quickly and using the most cost effective means. Many organizations use a hybrid approach to decision-making authority in their supply management in order to make informed decisions. In this case, the supply management authorities evaluate different alternatives available for organizations and then decide on one that ensures major objectives are attained. Cross functional teams are made up of stake holders with different skills within an organization. Therefore, individual members can contribute different ideas that can be used to enhance the value of products within an organization. In