Trident University International

Willie Bates

Module 2 SLP

ITM524: Foundations of Information Technology Management

Dr. Mina Richards

Introduction

One of the most significant paradigm shifts of modern business management is that individual businesses no longer compete as solely autonomous entities, but rather as supply chains (Drucker, 1998). Business management has entered the era of competition. Instead of brand versus brand or store versus store, it is now suppliers—brand—store versus suppliers—brand—store, or supply chain versus supply chain (Bowersox, 1997). Besides responding to the needs of customers, organizations must decide how to manage relationships with supplies and distributors to obtain access to the resources they provide (Gattorna, 1998). Supply Chain management is the integration of key business process from end user to original supplier that provides product services and information that is priceless for customers and for every stakeholder. Supply chain management is not just acquisition and logistical support. Supply chain management encompasses the eight functions of business management. This paper will demonstrate how communication, inventory accuracy, and cloud networking are needed to sustain supply chain management in the future.

Case Background

1. What did you do in the simulation?

2. What activities did you engage in?

3. What did you learn about what's going on?

4. What have you learned about supply chain management from your participation in this simulation?

Anyone can perform a simple analysis manually. However as the complexity of the analysis increases, so does the need to employ computer-based tools. While Microsoft Excel spreadsheets can perform many calculations to help determine the operational status of simple systems, they use