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To what extent does the concept of power contribute to our understanding of supply chain dynamics
Member rating: No Rating | Words: | Submitted: Mon Jun 19 2006
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To what extent does the concept of power contribute to our understanding of supply chain dynamics? Supply chain management is a newly developing area of business competence which aims to explore the impact that each supply chain has upon a business's rents and manage them in an effective and productive manner. A supply chain is defined as "the series of functionality stages that use various resources to transform a raw material into a finished product or service and to deliver this product or service to the ultimate consumer."1 Bearing in mind that the area of competence is relatively new not many different schools of thought have had time to develop. Up to now, three prominent schools have stood out; lean, agile and interactions schools with the lean supply school dominating literature. Currently research is being carried out by Andrew Cox et al, which is aimed at assessing the extent to which...
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