Book contents
- Frontmatter
- Contents
- List of Contributors
- Preface
- Acknowledgements
- Part I Operations within Organisations – Building Blocks
- Part II Approaches to Understanding OM
- 5 Strategic Approach to Operations Management
- 6 Processes and Systems in Operations Management
- 7 Supply Chain or Network Approach to Operations Management
- Part III Moving Forward with OM – Creating Competitive Advantage
- Part IV Challenges and Opportunities in Operations
- Part V Case Studies
- Index
- References
7 - Supply Chain or Network Approach to Operations Management
Published online by Cambridge University Press: 05 June 2012
- Frontmatter
- Contents
- List of Contributors
- Preface
- Acknowledgements
- Part I Operations within Organisations – Building Blocks
- Part II Approaches to Understanding OM
- 5 Strategic Approach to Operations Management
- 6 Processes and Systems in Operations Management
- 7 Supply Chain or Network Approach to Operations Management
- Part III Moving Forward with OM – Creating Competitive Advantage
- Part IV Challenges and Opportunities in Operations
- Part V Case Studies
- Index
- References
Summary
Learning objectives
After reading this chapter you should be able to:
describe the scope and importance of Supply Chain Management
understand the importance of supply chain management in coordinating inter-firm activities and improving overall effectiveness
discuss the impact of the Internet and information technology on supply systems
understand the role of supply chain strategy in linking corporate strategy and operations
explain how the available infrastructure can affect supply chain options
understand the role of third-party service providers in supply chains
make suggestions for improvements to supply chains.
Box 7.1: Management challenge: Myer department stores
Myer is an iconic Australian business, part of Australian history. The story started in 1900 when Sidney and Elcon Myer opened a store in Bendigo. By the 1980s Myer had a chain of mid-market department stores across Australia and in August 1985, it merged with GJ Coles & Co. Ltd to form Coles Myer Ltd.
By 2005, the group management was facing concerns over the lack of profitability of the Myer chain as well as general issues of lack of fit between the operations and worries over the possible entry of retailing giants such as Tesco and Wal-Mart into the Australian market in the future. In March 2006, Coles Myer announced it would sell Myer to a consortium including the Myer family and the US private equity group Newbridge Capital, part of the Texas Pacific group. The group has interests in the UK department store Debenhams and the high-end US retailer Neiman Marcus. The de-merger took effect in November 2006. […]
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- Operations ManagementAn Integrated Approach, pp. 201 - 222Publisher: Cambridge University PressPrint publication year: 2008