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Supply Chain Management

A powerpoint presentation about the discussion of supply chain management in Hospitality and Tourism Industry.

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binibiningalfonso23
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16 views16 pages

Supply Chain Management

A powerpoint presentation about the discussion of supply chain management in Hospitality and Tourism Industry.

Uploaded by

binibiningalfonso23
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Supply Chain Management

Supply Chain Management


Supply Chain Management

- involves coordinating and


managing activities, resources,
and stakeholders to deliver
products and services from raw
materials to end customers.
Effective Supply Chain Management (SCM)
involves:
Enter title

1. Coordination: Aligning activities,


resources and stakeholders

2. Collaboration: Share information,


risks, and rewards
Enter title

3. Optimization: Continuously
improving efficiency and effectiveness.
Supply Chain Components:

1. Suppliers: Enter title

Provide raw materials or goods. Manage


relationships, negotiate contracts, and ensure
quality.

2. Manufacturers: Enter title

Produce finish goods. Manage productions


schedule, inventory, and quality control.
3. Distributors:
Store and transport goods. Manage
Enter title
inventory, warehousing and logistics.
4. Retailers:
Sell goods to end customers. Manage
inventory, pricing and customer service .

5. Customers Enter title

Buy and consume goods. Provide feedback,


influencing supply chain improvements
Supply Chain Strategies
1. Just-in-time (JIT) Enter title

- Produce and deliver just in time to meet demand


- Minimize inventory and reduce waste
- Focus on efficiency and speed

2. Total Quality Management


Enter title
- Focus on continuous improvement
- Emphasize quality and customer satisfaction
- Encourage employee involvement
3. Lean supply chain
- Eliminate waste and maximizeEnter
efficiency
title
- Streamline processes and reduce costs
- Focus on value-added activities

4. Agile supply chain


- Respond quicklyEnter
to changing
title
demand
- Emphasize flexibility and adaptability
- Use data analytics and technology
5. Sustainable Supply Chain Enter title

- Minimize environmental impact


- Ensure social responsibility
- Promote economic viability

Enter title
The Strategic Importance of Supply Chain
Management: A Foundation
Enter title for Success

Supply chain management has evolved from


an operational function to a strategic
necessity for businesses in today's fast-paced
and interconnected world. Key reasons for its
strategic importance include:
1. Competitive Advantage:
Effective supply chain management enables
Enter title
businesses to achieve competitive advantages
through speed and agility, innovation and
product development, and cost leadership.

2. Customer Satisfaction:
A well-managed
Enter title supply chain ensures on-
time delivery, high product quality, and
excellent customer service, enhancing
customer satisfaction and loyalty.
3. Risk Mitigation:
By addressing supply chain disruptions, supplier
issues, and demand fluctuations,
Enter title businesses can
effectively mitigate risks and maintain operational
stability.

4. Cost Control:
Efficient processes, inventory management,
transportation,
Enter title logistics, and procurement strategies

help control costs and improve financial


performance.
5. Consequences of Poor Management:
Enter title

Inadequate supply chain management


can result in increased costs, delays,
customer dissatisfaction, and
reputational damage, highlighting the
importance
Enter titleof effective supply chain

practices.
Here are some reasons why
Supply Chain Management is
important in this sector:
Enter title

1. Quality Service Delivery SCM ensures that the necessary


supplies and services are available
when needed.

2. Cost Control Efficient supply chain management


helps in cost reduction.

3. Customer Satisfaction A well-managed supply chain


contributes to customer
satisfaction.
4. Seasonal and Regional Variation The tourism and hospitality
industry often deals with seasonal
variations and regional
preferences.
Enter title

5.Waste Reduction The tourism and hospitality sector


can generate a significant amount
of waste.
6. Supplier Management Building strong relationships with
Enter title
suppliers is critical in this industry.

7. Risk Management Supply chain management helps in


mitigating risks.
8. Logistics and Transportation Efficient transportation and
logistics are essential for the
tourism industry.
Enter title

9. Competitive Advantage In a highly competitive industry,


effective supply chain
management can be a source of
competitive advantage.

10. Sustainability Sustainability is a growing concern


Enter title
in the tourism and hospitality
sector.
THANK YOU!!!
Group 3
Toni Gray
Stephen Brench Lauzon
Mechelle Ann Mercado
Mae Joy D. Santos

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