Supplier relationship
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For this paper, the writer will address 2 critical questions , and it is important that the writer pays attention to all details and address the questions accordingly clearly indicating the two main questions. I will also upload the article mentioned in question 2 to facilitate the writer. the writer must properly cite the paper in APA 6th Edition.
Relationships with suppliers have become critical to the success of businesses competing in the global market. Lateral integration, the free flow of information, and the formation of collaborative partnerships with suppliers have become key steps for improving performance. For this paper, respond to the following questions:
• What competitive advantages can a lean supply strategy confer on the manufacturing industry? Explain in detail how these advantages are secured and maintained.
• How can the supplier relationship be used to secure broader objectives for the organization than purely the supply of materials? Base your answer on ideas in the journal article “Use the Supply Relationship to Develop Lean and Green Suppliers.”
Resources.
Articles
• Phillips, W., Lamming, R., Bessant, J., & Noke, H. (2006). Discontinuous innovation and supply relationships: Strategic dalliances. R&D Management, 36(4). Retrieved from Business Source Premier database.
This article explores the need for supply relationships to generate, support, and respond to discontinuous innovation.
• Simpson, D. F., & Power, D. J. (2005). Use the supply relationship to develop lean and green suppliers. Supply Chain Management, 10(1). Retrieved from ABI/INFORM Global database.
This doctoral research paper presents a conceptual framework for investigating the relationship between a supplier firm’s level of environmental management and the structure of the customer-supplier manufacturing relationship.
Christopher, M., & Towill, D. R. (2002). Developing market specific supply chain strategies. International Journal of Logistics Management, 13(1). Retrieved from ABI/INFORM Global database.
The authors seek to demonstrate that global supply chain strategies can be developed to achieve higher levels of customer responsiveness at lower total cost.
SAMPLE ANSWER
Introduction
Any organization that strives to become more sufficient and lean should incorporate the lean supply chain approach. This strategy intrigues a well-designed chain of supply that operates in delivering products in the shortest time possible to clients. Organizations that are within a lean supply chain can influence their lean journey more efficiently by delivering a better value for customers quickly and predictably to meet the needs of clients.
This structure, for this reason, facilitates the quick operation of the lean supply chain, founding a worthy cycle that benefits an organizations financial performance. Organizations motivated to incorporate this approach are susceptible to benefit from a systematic structural approach that enables them create effective foundations in managing their supply chain.
Competitive advantages of a lean supply strategy and how it confers on the manufacturing industry
The Lean strategy has significantly enabled many organizations globally to address the growing customer demands while maintaining high production volumes. The advantage of the lean supply chain is that it creates a closer connection between the client’s demands and the production rates (González, Lannelongue, & Alfaro-Tanco, 2013). The customers’ demands are believed to pull inventory through a chain; an approach that can be achieved when quantities produced are restricted to match the quantities ordered by clients. Creating such a link helps eliminate the wasteful inventory and overproduction leading to an increase in costs.
A lean supply chain, on the other hand, uses the kanban system in managing inventory levels. This kanban is referred to as a two-bin system. Two bins are maintained in stock, and when the first is emptied, the employee handling the stock takes another card that notes the item and quantity needed by a client. While the clients consume the materials in this bin, the company gets the opportunity to replenish the first bin. Quantities in both the bins are in capacity to provide and meet the needs of clients while the company initiates an addition of stock (Rimiene, & Bernatonyte, 2013). This approach keeps inventory low, and purchases are made only when the bin has been emptied.
This approach is also known for its elimination of waste. Waste in this method is described as that which a client is not willing to purchase. Lean supply strategy for this reason eliminates the wastes, functions and activities that a client is not in positions to consume. Employees are therefore engaged in rooting out waste and make improvements in production. It also prevents mistakes before they occur.
The supplier relationship usage as a means to secure broader objectives for the organization
A well-designed supply relationship between a customer and a company is an integral part that incorporates a joint approach to solving problems well in advance in order to reduce costs and improve the quality of production. Through this, the manufacturing functions of an organization are to produce a major proportion of the costs associated while facilitating environmental management activities that dwell on waste elimination, energy efficiency, and innovation (Leveroni, 2014). It is, therefore, imperative that a joint coalition between clients and the supplier be initiated with the objective of managing the environment.
Through the use of the lean manufacturing systems, companies can prevent pollution. Pollution prevention reduces the costs of production when materials used are reduced or when wastes are managed (Schoenherr, Modi, Benton, Carter, Larson, Wagner, 2012). This can be achieved when the supply chains are integrated, and the gains are shared from mutual investments and performance improvement between suppliers and their customers.
Conclusion
Lean production method is an integrated approach that companies should embrace. It involves a number of activities that are beneficial in reducing the production costs in a company.
Works Cited
González-Benito, J., Lannelongue, G., & Alfaro-Tanco, J. A. (2013). Study of supply-chain management in the automotive industry: a bibliometric analysis. International Journal Of Production Research, 51(13), 3849-3863. https://www.doi:10.1080/00207543.2012.752586
Rimiene, K., & Bernatonyte, D. (2013). Supply Chain Management Trends in the Context of Change. Economics & Management, 18(3), 596-606. https://www.doi:10.5755/j01.em.18.3.3799
Leveroni, T. (2014). Collateral management: Factors affecting the supply and demand for collateral and emerging trends and developments in the market. Journal Of Securities Operations & Custody, 6(4), 334-341.
Schoenherr, T., Modi, S. B., Benton, W., Carter, C. R., Choi, T. Y., Larson, P. D., & … Wagner, S. M. (2012). Research opportunities in purchasing and supply management. International Journal Of Production Research, 50(16), 4556-4579. https://www.doi:10.1080/00207543.2011.613870
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