 Concluding CommentsEnver Yücesan
Chapter 8 in Competitive Supply Chains, 2007, pp 118-122 from Palgrave Macmillan Abstract: Abstract In this book, we have emphasized three key messages: Value: While the traditional approaches to SCM have favored cost minimization, we believe that SCM is a value enabler with strategic decisions in supply chain design leading to value creation and tactical decisions in supply chain coordination leading to value capture. Alignment: In the absence of a vertically integrated industry structure with clear command and control lines, it is difficult to coordinate the players in an ecosystem with divergent and typically conflicting interests. While trust-based collaborative practices are the ultimate goal, adequate economic incentives should be designed to ensure the much-needed alignment. Sustainability: Just like products and processes, supply chain solutions have a limited shelf life. As a consequence, supply chain design should be viewed as a dynamic process, as the capability to design and assemble assets, organizations, skill sets, and competencies for a series of competitive advantages, rather than a set of activities held together by low transaction costs. Keywords: Supply Chain; Cash Flow; Supply Chain Coordination; Supply Chain Design; Tactical Decision (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-59836-2_8 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.