The paper "The Various Roles of Dominant Players in Supply Chains " is an outstanding example of management coursework. The paper focuses on various types of domination in the supply chain, especially highlighting supplier centric, retail-centric and manufacturer centric domination. Before the 1970s, supply chain management was not defined clearly and manufacturers were the dominant players who influenced the suppliers into pushing for selling their products to the end-users through retail stores. This was essentially the case with big manufacturing companies in the US and Europe. However, post globalisation, the scenario has changed completely with retail chains such as Wal-Mart and Tesco dictating terms to the suppliers and manufacturers.
They innovated the supply chain and created demand as per the customers’ preferences. There is another form of dominance in the supply chain, known as the supplier centric domination, wherein the supplier dictates the terms. OPEC is an excellent form of such dominance. The paper would, however, first understand the concept of supply chain management and thereafter, focus on supply chain domination. Finally, it would provide a detailed overview of the types of domination witnessed in the supply chain. Understanding supply chain management Supply chain management consists of both tactical and strategic aims and objectives (Cox 1999).
The coordination between traditional and strategic functions in a supply chain to improve the performance of the company is known as supply chain management (Mentzer et al. 2001). In order to achieve a successful supply chain, it is required to have effective coordination between strategic and systemic levels. Such coordination helps in decreasing costs in the system and aligning supply as per the end-user’ s demand (Westgren 1998). The activities of all the participants within a supply chain are interdependent on each other.
Therefore, the efficacy or cost of an activity can impact other activities as well. The activities also include that of the buyers, channels and suppliers within the supply chain. Through increased coordination, a participant within a supply chain may be able to adapt the activities of other participants, which would help in increasing the productivity level. Further, this would also increase interdependency as well.
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