The paper "Impact of Uncertainty on Organization Supply Chain" is a great example of an assignment on management. The supply chain is defined as the process which involves the flow of goods and services from their source which is the manufacturers to immediate manufacturers later to end-product manufacturers and lastly to wholesalers, retailers, and distributors. This process is usually connected through various transportation and storage activities which are normally integrated by way of communication, planning, and integration of specified activities (Cavinato, 2004). Supply chain management is considered as a set of approaches that effectively comprises manufacturers, suppliers, warehouses, and stores so as to ensure that goods are produced and distributed in right quality and quantities to their specified locations within a set time.
This is very essential since it reduces high costs thus satisfying all the intended requirements. There are two types of supply chains namely external and internal supply chains (Cavinato, 2004). An internal supply chain An external supply chain 2.0 Question 1 2.1 Impact of uncertainty on organization supply chain It is evident that uncertainty is considered to be a fundamental driving force behind any effective development of various supply relationships.
Uncertainties, the frequency at which uncertainty reoccurs and magnitude to which long-lasting transaction are incurred are the three main dimensions which usually characterizes organizational supply management. Uncertainty with an organizational supply chain can be brought about by lack of enough information on the supply chain, inaccurate predictions related to the impact of control actions found in the supply chain, transport delays, and lack of adequate information about the environment of the supply chain (Devadasan, 2009). In order to understand more about the impact of uncertainty on the supply chain, it is essential to first understand the relationship which exists between supply chain, firms’ performance, and nature of the supply chain.
These three factors go hand in hand in determining the overall performance of an organization (John, 2004).
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