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C4 Literature Review
C4 Literature Review
Supply chain management (SCM) has been a major component of competitive strategy
to enhance organizational productivity and profitability. The literature on SCM that
deals with strategies and technologies for effectively managing a supply chain is quite
vast. In recent years, organizational performance measurement and metrics have
received much attention from researchers and practitioners. The role of these measures
and metrics in the success of an organization cannot be overstated because they affect
strategic, tactical and operational planning and control. Performance measurement and
metrics have an important role to play in setting objectives, evaluating performance, and
determining future courses of actions. Performance measurement and metrics pertaining
to SCM have not received adequate attention from researchers or practitioners. We
developed a framework to promote a better understanding of the importance of SCM
performance measurement and metrics. Using the current literature and the results of an
empirical study of selected British companies, we developed the framework presented
herein, in hopes that it would stimulate more interest in this important area.
Supply chain management creates value for companies, customers and stakeholders
interacting throughout a supply chain. The strategic dimension of supply chains makes it
paramount that their performances are measured. In today's performance evaluation
processes, companies tend to refer to several models that will differ in terms of corporate
organisation, the distribution of responsibilities and supply chain maturity. The present article
analyzes various models used to assess supply chains by highlighting their specific
characteristics and applicability in different contexts. It also offers an analytical grid breaking
these models down into seven layers. This grid will help managers evolve towards a model
that is more suitable for their needs.
The introduction of the concept of sustainable development in supply chain management has
been identified not only as a constraint but also as a way to improve performance, impacting
the competitiveness of a company and of its supply chain organization. To evaluate and
analyze the potential relationships between traditional supply chain management practices
and their impact on performance, we propose a framework for sustainable performance
characterization and an analytical model for sustainable performance assessment. The
framework is used to characterize a company’s sustainable performance in the economic,
environmental and social fields. The analytical assessment model, based on the relationships
between a supply chain management practice and the three fields of sustainable development,
serves to produce the sustainable performance profile of a practice, identified by a triad. An
application of this profile to two well-known best practices of supply chain management
allows us to identify their performance from a sustainable development point of view.
Practitioners can easily use the proposed framework for highlighting SCM practices that
impact sustainable performance more positively, depending on their objectives.
Analytics application in supply chain has many benefits few of them being “in marketing
it can be used for sentiment analysis to know about the demand for new trends, in
procurement it can be used for supplier negotiations, in warehouse operations it can be
used to manage inventory space and predict demands and in transportation it can be used
to optimize the routes for the transport of products.”
They develop a structural time‐series model based on state‐space methods and including
feed costs as an exogenous regressor to assess the nature of cyclical behavior of the
quarterly U.S. all‐milk price during 1996 to 2014. Although deterministic trend and
seasonal price movements are present, a stochastic large‐amplitude cycle with a period
of 3.3 years is the predominant source of variation in the U.S. all‐milk price during the
period analyzed. These cycles are consistent with the hypothesis that supply chain
managers make decisions based on bounded rationality, with limited supply chain
coordination. The presence of price cycles in the U.S. dairy industry has management
implications for dairy farmers, dairy processors, exporters, and food retailers.
Forecasting and analytical models of U.S. farm milk prices should be designed to
account for cyclical farm milk price behavior.
Dairy industry plays a vital role in enriching the socio-economic status of rural India,
particularly in women empowerment. In general, either a structure or subcomponents of
dairy supply chain is discussed in the literature, but the rational (why, what, how) is
missing. Further, the structured-literature-review (SLR) of dairy supply chain
management (DSCM) practices is scarce. This paper presents an SLR of articles
published in the context of DSCM practices. The paper further assesses the extent to
which the SLR approach can be applied to DSCM so as to produce a consistent
knowledge stock by evolving a context-sensitive study. The key challenges discussed in
reviewed articles are highlighted. Authors selected the articles published in peer-
reviewed journals and categorized the articles published in recent eleven years into three
main subjects of supply chain ie distribution management (DM), risk management
(RM), and decision-making strategies (DMS). The findings of this study show that the
food safety, product quality, and associated economic benefits in dairy industry can be
achieved through technological innovation, eradication of uncertainties, and introducing
the global SCM practices into lean and green initiatives.
The specific objective of this paper is to present the importance of dairy supply chain
management and to illustrate the current practices of diary supply chain in Pakistan.
Specifically, to shed light on the production and consumption patterns in developing
world mainly based on the FAO and Pakistan Economic Survey data. World milk
production was 730 million tonnes in 2011 and it is expected to increase in the future.
Importantly, 80 percent consumption of milk has handled by informal traders in the
developing countries and this community has 98 percent share in Pakistani milk supply
chain. Supply chain disruption has become critical issue that is based on informal
channel bargaining power and information barriers. Currently, India, China and Pakistan
have been standing in the list of four leading producers of milk worldwide. However,
milk producers and consumers both have been facing economic, social and health losses
due to the informal dairy supply chain partners.