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Monday, November 4, 2019

Supply Chain Management Term Paper Example | Topics and Well Written Essays - 1500 words

Supply Chain Management - Term Paper Example In addition to customer satisfaction and company success, supply chain management can also have a great influence on societal settings such as medical missions, disaster relief operations, and other emergencies and cultural revolution (University Alliance). Considering the crucial effect of supply chain management on organizational success, today even small business enterprises hire employees having abundant SCM skills and knowledge. Effective supply chain management will improve the bottom line of the business and enhance the cash flow by expediting the delivery of products. The most fascinating feature of SCM is that it plays inevitable role in meeting customer satisfaction making sure that right quantity of products is delivered to customers in a timely fashion. This paper will analyze the supply chain management of Hsuh Ta Enterprise Co., Ltd giving particular focus to the firm’s purchasing and material management and supply chain integration. Hsuh Ta Enterprise Co., Ltd is a Taiwanese plastic forming and molding company operating in the plastic industry. Although the company is in its initial phases of growth, it is known for its eco-friendly business model and a fast market growth rate. The sustainable business model assisted the company to survive the dreadful impacts of recent global recession successfully. The Hush management strongly believes that focusing particularly on the environmental notions of the society would benefit the organization to gain a set of competitive advantages over its market rivals. The company enjoys great governmental and public support on the strength of its sustainable business model. The concept of supply chain management has been well documented in the academic literature and is commonly regarded as the streamlining of a business’ supply chain activities for maximizing customer values and gaining competitive

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