The Supply Chain Management ( Scm ) - 2108 Words

1. Introduction Supply chain management (SCM) is one of the most important business components to help customers of Marks and Spencer fulfills their satisfaction. Fundamentally, supply chain components are consists of four main components, which are suppliers, manufacturers, retailers, and customers. â€Å" Such developments clearly require supply chain cooperation and coordination â€Å" (Gustafsson et al, 2006) between each components of supply chain. Stock checking by human in the past is ineffective when company like Marks and Spencer has thousands of merchandise. Radio Frequency Identification Device (RFID) is used to identify real-time products movement through out the supply chain with zero errors. As real-time information of RFID, it makes†¦show more content†¦2. Situation 2.1 Background of MS Michael Marks and Thomas Spencer were established Marks and Spencer brand in 1884. MS were originated in Leeds, United Kingdom from a single market boot to a multinational retail enterprise, which have 798 stores in UK and 455 stores across the globe. Currently, MS has almost 86,000 employees worldwide, which they maintain their relationship with approximately 3,000 suppliers internationally. They commit to consumers that they will provide a solid fundamental in quality of cloths, foods and home products. Even-though, MS have struggled in internal management hierarchy in the past. However, the trademark of MS is their quality of products that reflects in their accomplishment of their sales revenue, which reach 10.3 billion pounds at the present. (Cited in marksandspencer.com, 2014) MS also tend to make an improvement on their company simultaneously. By that, there are various components in their organization that they want to develop but one of the most essential is supply chain comp onents. 2.2 An Overview of the situation 2.2.1 Implication of Radio Frequency Identification Device From mentioned above it is clear that MS sees the importance of developing in supply chain management along with maintaining suppliers relationship. In this sub-subject, there will be the illustration of the usage of supply chain management in the past compared with the improved supply chain management with the focus on implementation of