Complete 8 page APA formatted essay: Strategic Relationships in the Organisations Supply Chain.Either we can go in a stepwise manner and review performance of each supply chain component or we can vie

Complete 8 page APA formatted essay: Strategic Relationships in the Organisations Supply Chain.

Either we can go in a stepwise manner and review performance of each supply chain component or we can view the who process as one unit and do its SWOT analysis through which we can easily find out the weak link in the entire process and then can work or finding a solution for that weakness. Now the main benefit that we’ll achieve through SWOT analysis is that we’ll have a full scale analysis of our supply chain process i.e. We’ll identify our core strengths which shall be quite helpful for us. Knowing our core strengths we can focus on those areas or components to further improve and excel which will not much take time and improve our efficiency. By knowing our weakness we’ll know what factors have been harming us and what steps are needed to be taken to eliminate the weakness or is the weakness due to such a weak link than we need to arrange alternate measure to fulfill the requirement on temporary basis. Next finding opportunities to established new and stronger relationships will help us grasp any such opportunity which shall be helpful in the longer run for the organization. ...

nological and other resources and maintaining the relationships that the organization has its with supply chain stakeholders which include staff, employees, labor, supplier etc to ultimately develop end-product for the customer from mere raw materials through addition of value is called Supply Chain Management. SMTC. 2009.&nbsp.SMTC Glossary of Terms. [ONLINE] Looking at the definition of Supply chain management mentioned above it can be easily observed that supply chain management is a step wise process which involves various phases from start till the delivery of end product to the customer and transition between one phase to another requires interaction with various stakeholders. Each transition is quite critical as disturbance of the process at any stage can lead to failure of completion of the end product as desired by the customer or as desired for the customer. To protect and keep the supply chain process safe from such a disaster there should be smooth transition between each phase by having good relations between the supply chain stakeholders. The main advantage of having good relationships between people involved in each contributing and value adding stage of supply chain is quite necessary as it keeps the other linked and associated departments updated with the progress which keeps them an advantage of being prepared at for their tasks and responsibilities of value addition from their side beforehand. So all in all if each of the partners in the supply chain is concerned about smooth execution of the entire process then they would maintain good relationships amongst themselves and work as one unit for the success of the organization.