The Role of Strategic Supply Chain Management in Wine Retail





ACKNOWLEDGEMENT

I would like to take this chance for thanking my research facilitator, friends & family for support they provided & their belief in me as well as guidance they provided without which I would have never been able to do this research.



DECLARATION

I, (Your name), would like to declare that all contents included in this thesis/dissertation stand for my individual work without any aid, & this thesis/dissertation has not been submitted for any examination at academic as well as professional level previously. It is also representing my very own views & not essentially which are associated with university.

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Table of Contents

ACKNOWLEDGEMENTii

DECLARATIONiii

CHAPTER 01: INTRODUCTION1

Rational of the Study3

Aims and Objectives3

Research Question4

CHAPTER 02: LITERATURE REVIEW5

SCM Strategies5

Lean Supply Chain7

Agile Supply Chain7

Hybrid Supply Chain8

Supply Chain Management Practices8

Strategic Supplier Partnership9

Customer Relationship10

Information Technology Utilization11

Supply Chain Management Performance12

Supply Chain Integration13

Global Food Systems14

Structure of the Conventional Food Retailing Sector15

Supply chain management in Wine Retail16

Local and Shortened Food Supply Chains17

Benefits of SCM18

Collaborative Planning Forecasting and Replenishment (CPFR)19

Benefits of CPFR20

Vendor Managed Inventory (VMI)21

Modularity Based Manufacturing Practices22

Process Modularity24

REFERENCES26

CHAPTER 01: INTRODUCTION

Background of the Study

Supply chain management has been defined in many different ways. A common definition of SCM includes the flow of materials and information along the supply chain in order to meet customer requirements in an efficient manner. Two important elements in the definition of SCM are flow of products, and flow of information. As more firms realize that effective supply chain management is the key to building and sustaining competitive edge in their products and services, they are finding ways to improve the performance of their supply chains by managing and integrating key information elements into their supply chains. It is impossible to achieve effective supply chain integration without information technology, since IT plays a critical role in the success or failure of the supply chain; IT is a necessary factor in the survival of SCM projects. IT has the potential to manage the flow and to impact many dimensions of the supply chain, such as cost, quality, delivery, flexibility, and, ultimately, the profit of firms. Supply chain coordination and integration is facilitated by the use of integrated information technologies, which directly impacts a firm's financial performance.

Significance of the Study

Despite the importance of information system in managing the supply chain and with many firms investing in costly new systems and applications, a number of firms continue to struggle in their efforts towards effectively integrating the physical goods and information flow in their supply chains. Supply chain management practices and strategic initiatives taken by supply chain experts require using information intensively; and thus, they require the support of inter-organizational information systems. They argue that supply chains at different levels of integration and coordination require different levels of information system integration. Therefore, they propose a conceptual framework for the alignment of information system with the needs of the supply chain members, arguing that a high level of supplier integration must be aligned with a high level of information technology ...