Wednesday, May 6, 2020

Key Components Of Supply Chain Management Essay - 2218 Words

Leadership theory To effectively make the operations of supply chain functional, it is usually important for those who are involved in the e-commerce business to employ the most appropriate leadership theory (Simchi-Levi, Simchi-Levi, Kaminsky, 1999). The theory applied teds to guide the operations designed by the managers so that al operations of the business are streamlined and efficient as well as making sure that the expectations of the customers are comfortably met (Christopher, 2016). The best theories to apply in the case of e-commerce business are the behavioral theories. These theories tend to offer new ways of carrying businesses, focusing on the behavior of the managers and more so on their decision making models and help in understanding the behavior of the top management (Lee, Padmanabhan, Whang, 1997). As such, this makes these theories to be very useful in carrying out e-commerce business. Key components of supply chain management The process of carrying out an effective supply chain business entails the process of understanding a number of disciplines that make the key components of the process. Previous researches concerning supply chain have identified a total of about twelve very distinct management areas that are linked to the supply chain activities (Turban, et al., 2002). The common components of supply chain that have been documented include the discipline of location, transportation and logistics, outsourcing and logistics, sourcing andShow MoreRelatedFinancial Damages And Its Effects On Other Companies1671 Words   |  7 Pagesrisk management strategies. RISK MANAGEMENT STRATEGIES Technology industry supply chains face risks that are coming from both, internal and external factors, many of which were mentioned previously. 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