Logistics within the Business Organization Coursework

Logistics within the Business Organization - Coursework ExampleOne of the most important strategies that can be mathematical functiond in encouraging management to cook up closer assistance to the supply chain management is to call the attention of senior management to the effective sales coming out of their competition and different business models that utilize a concentration on the supply chain. According to Dutton, this is a highly effective strategy because it demonstrates the better supply/logistics processes or use of technology that can result in reduced costs for inventory items. It is best that the manager knows how to frame his thoughts and words in such a bearing that will make the supply and logistics discussion an interesting and important topic for the managers. Rudski agrees with the observations and suggestions of Dutton. But he adds that the supply management must be able to favorably impact 5 areas of supply management. These include (1) exceeding performance and earnings expectations, (2)growing revenues year on year, (3) reducing risk and thevolatility in revenues and earnings, (4) continuously improve the return on investment capital and return on equity, and finally (5) will it create a unique business model that others cannot copy? Furthermore, Dutton calls attention to some additional tips that can help interest business managers in the demands of supply chain management.