Friday, November 1, 2019
Coordination in Supply Chain Management Term Paper
Coordination in Supply Chain Management - Term Paper Example The resource sharing in the operational level can be regarded as the communication process carried out during the collection of operational resources, point-of-sale data etc. The planning level coordination can be the one carried out among the managers while developing plans for production and inventory development. Resource sharing at the strategic level can be during the formulation of the strategic plans, resource investment in the sector of Research and Development and forming strategic alliances.Decision Style:Ã There can be two major styles for the decision making. The two styles can be centralized and decentralized styles. Ã For a centralized style of decision making, a single firm has the control over the decisions to be taken during the Supply Chain Coordination Process while in a decentralized style; all the firms have to take their decisions independently and to enforce them.Level of Control:Ã When it comes to the level of control, there can be a High level of contro l and a Low level of control.Ã The high level of control is one where there is a strict and accurate level of control and monitoring; the firms outline and develop strict routine and rules to be followed along with control systems which can observe other firms' performance. Risk/Reward Sharing:Ã The risk/reward sharing determines the distinctiveness of the motivation and incentive plans. There can be two types of the risk/reward sharing methods.
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