The paper "How the Suррly Сhаin Соuld Bе Mаdе Mоrе Flехiblе in Оrdеr tо Еnhаnсе thе Реrfоrmаnсе" Is a wonderful example of a Management Case Study. Supply chains are an important aspect of the operations of any organization. Precisely put; they influence the operational efficiency of an organization to a large extent. For this reason, it has been the aim of every organization to establish a state of art supply chain which ensures that it is able to meet market demands, market forecasts at the highest possible efficiencies, and at minimum costs.
Supply chains are a crucial part of the entire process in an organization. According to Christopher and Holweg, the aim of supply chain management is to develop control from the start to the end of processes in a bid to ensure that an organization is able to establish a seamless of elements in the system (Christopher & Holweg 2011, p. 63). In the verge of increased turbulence in the market, it is important for organizations to enhance flexibility in their supply chains so as to be able to counter the challenges presented by the turbulence.
This crucial aspect of supply chains will be discussed in depth later in this paper. This paper will present a case study on Toyota’ s supply chain management system and will highlight some of the important aspects of a supply chain management system. Managing Crisis Owing to the dynamic nature of the business, crises are certain to occur in any industry. The one factor which determines the successful continuity of business is sustainability. This crucial operational aspect is achieved when an organization has strategic operational strategies in place.
One of such strategies is by establishing a strategic supply management system. On this point, it is important to acknowledge the fact that supply systems are a very important operational aspect of an organization (Hittle & Leonard 2011, p. 1183). Any crisis which is due to affect supply systems negatively is certain to affect the success of an organization equally. In addition to this, it is important to note that organizations are faced with the challenge of managing global supply chains in the wake of increased globalization. Ideally, a crisis is the supply chain that translates to the inability of an organization to satisfy the demand in the market and also an inability to source raw materials from their various locations (Svensson 2010, p. 17).
For this reason, there s an inherent need for an organization’ s supply chain to exhibit high flexibility which ensures that it is able to counter the challenges which are posed by the various crises. Flexibility in a supply chain is a characteristic that enables an organization to align its suppliers towards a common set of goals and objectives (Duclos, Vokurka & Lummus 2003, p. 446).
Flexibility enables an organization to be able to react to changes in the market of operations promptly hence evading possible occurrences that might have led to a crisis. On this point, it must be noted that flexibility is not generic but is a justified, well planned and carefully managed aspect which is integrated into a supply chain system. Its benefits are only seen when the organization finds itself in a situation calling for flexibility (Kumar, Fantazy, Kumar & Boyle 2006, p. 304).
Anath, Y.,Sridhar, S.,& Roy, V., 2010. Toyota Supply Chain Management, Toyota Supply Chain Management - Business Book Summaries; Vol. 1 ,No. 1, p1
Duclos, L., Vokurka, R., & Lummus, R., 2003. A Conceptual Model Of Supply Chain Flexibility, Industrial Management & Data Systems, Vol. 103, No. 6, pp. 446 -456
Hittle & Leonard 2011. Decision Making In Advance Of A Supply Chain Crisis, Management Decision,Vol. 49 No. 7,pp. 1182-1193
Christopher, M., & Holweg, M., 2011. Supply Chain 2.0”: Managing Supply Chains In The Era Of Turbulence, International Journal of Physical, Distribution & Logistics Management, Vol. 41 No. 1, pp. 63-82
Kumar, Fantazy, Kumar &Boyle 2006. Implementation and management framework for supply chain flexibility, Journal of Enterprise Information Management, Vol. 19 No. 3, pp. 303-319
Marksberry,P., 2012. Investigating “The Way” For Toyota Suppliers A Quantitative Outlook On Toyota’s Replicating Efforts For Supplier Development, Benchmarking: An International Journal, Vol. 19 No. 2,pp. 277-298
Natarajathinam,M., Capar,I., & Narayan, N., 2009. Managing Supply Chains In Times Of Crisis: A Review Of Literature And Insights, International Journal of Physical Distribution & Logistics Management. Vol. 39 No. 7, pp. 535-573
Svensson, G., 2010. Teleological Approaches In Supply Chain Management: Illustrations, Supply Chain Management: An International Journal, Vol.15, No.1,pp.16–20
Supply Chain Digest 2012. Global Supply Chain News: Toyota Taking Massive Effort to Reduce Its Supply Chain Risk in Japan, Supply Chain Digest, Retrieved on 7th September 2013 from http://www.scdigest.com/ontarget/12-03-07-2.php?cid=5576&ctype=content
The Economist, 2010. Toyota's Supply Chain the Machine That Ran Too Hot, The Economist, Retrieved on 7th September 2012 from http://www.economist.com/node/15576506