Volume 1, Issue 1, April 2014, Pages 20–25
Abhinav Srivastava1
1 MBA Integrated Student, VIT Business School, VIT University, Chennai, India
Original language: English
Copyright © 2014 ISSR Journals. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Adversarial relationships have long dominated business relationships, but Supply Chain Management (SCM) entails a new perspective. SCM requires a movement away from arms-length relationships toward partnership style relations. SCM involves integration, co-ordination and collaboration across organisations and throughout the supply chain. It means that SCM requires internal (intraorganisational) and external (interorganisational) integration. This paper analyses the relationship between internal and external integration processes, their effect on firms' performance and their contribution to the achievement of a competitive advantage. Performance improvements are analysed through costs, stock out and lead time reductions. And, the achievement of a better competitive position is measured by comparing the firm's performance with its competitors' performance.
Author Keywords: Competitive advantage, Internal and external integration, Logistics integration processes, Logistics performance, Supply Chain Management.
Abhinav Srivastava1
1 MBA Integrated Student, VIT Business School, VIT University, Chennai, India
Original language: English
Copyright © 2014 ISSR Journals. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Abstract
Adversarial relationships have long dominated business relationships, but Supply Chain Management (SCM) entails a new perspective. SCM requires a movement away from arms-length relationships toward partnership style relations. SCM involves integration, co-ordination and collaboration across organisations and throughout the supply chain. It means that SCM requires internal (intraorganisational) and external (interorganisational) integration. This paper analyses the relationship between internal and external integration processes, their effect on firms' performance and their contribution to the achievement of a competitive advantage. Performance improvements are analysed through costs, stock out and lead time reductions. And, the achievement of a better competitive position is measured by comparing the firm's performance with its competitors' performance.
Author Keywords: Competitive advantage, Internal and external integration, Logistics integration processes, Logistics performance, Supply Chain Management.
How to Cite this Article
Abhinav Srivastava, “Supply Chain Management: Enabler to Business Advantage,” International Journal of Innovation and Scientific Research, vol. 1, no. 1, pp. 20–25, April 2014.