Supply Chain Management Principles Essay Example | Topics and Well Written Essays - 1500 words

Supply Chain Management Principles - Essay ExampleThe bear on of conducting sum image activities on a digital interface largely conducted by Apple Company reflects no physical activities pertaining to the procurement, stocking, theodolite and other such conducts which be increasingly observed in regards to conservative warehousing practices. Apple by means of the help of online digital sum up chain activities is found to conduct a billion transactions pertaining to media files in an annual period. The supply chain activities conducted over the digital sphere like the traditional warehousing activities besides require the existences of products produced to be marketed to the final consumers. However unlike the traditional warehousing functions the supply chain focussing functions performed on a digital platform require only two parties i.e. the one providing or producing the means and the other the final consumer to whom the digital products would be transported. In turn the supply chain activities conducted by the order on the online sphere by Apple Incorporation is viewed as that which has helped in transforming the traditional supply chain concepts origin ally practiced by the companys manufacturing and selling physical products. In evaluating the effectiveness of the supply chain activities conducted on a digital sphere it is found that Apple Corporation has a significant number of stock or inventory turnovers in comparison to other houses (Blanchard, 2010,p.71-72). The make-buy decision The make or buy decision is considered as a strategic decision in regards to supply chain counselling activities of companies. It is because the activities conducted in the realm of supply chain management activities contain large amount of outsourcing functions both in terms of procuring the materials from the suppliers end rather than making such. Again the company can pull away help of distributors to help them distribute the products produced to the ultima te buyers. Thus in the former function it is found that materials are procured rather than producing such in the production units of the companies while the latter activity focus on gaining the supply chain support to sell the products produced by the firm. In the act of procurement of products from suppliers the firm focuses on enhancing the parameters of nub competence. Similarly because of the lack of proper infrastructure the distributors support is gained to distribute the products to the consumers in an enhanced manner (Wisner, bronze and Leong, 2008, p.52-53 Chitale and Gupta, 2007, p.9). The firms also tend to produce their products for it helps to reduce the risks associated with procuring the products from the external environment and also saves time and money expended by the firm in the search for the right suppliers. Buying in addition to increasing the risks also makes the firm spend huge money and time while the function of making requires the firm to assimilate all its resources to produce the products and thus reducing the level of core competencies (Berk, 2010, p.90-91). The making or buying decision process also requires the evaluation of the different risks associated with such. In regards to making the product specific risks arises relating to the