Transcription of Flexibility in supply chain management
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Flexibility in supply chain management
Abstract preview 1 WORK IN PROGRESS PAPER Flexibility in supply chain management ABSTRACT Literature describes several developments in supply chain management . Flexibility is considered to be an important differentiator in the current market place. Several papers already emphasized the need for Flexibility although little attention is paid to how operational activities incorporate Flexibility in their supply chain practices. In this paper, emphasis is put on the dyadic buyer-supplier relationship , marketing activities and manufacturing in order to achieve Flexibility in supply chain management .
Aspect 1: Buyer-supplier relationship The roles of external and internal drivers are important for increasing supply chain flexibility in a business. External drivers relate to demand volatility and seasonality whereas internal drivers can be described as low commonality between products and product schedule uncertainty.
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