SCM: making the vision a reality

In the past 20 years, academics and practitioners alike have been focusing intensely on supply chain management (SCM). SCM remains more of a pipe dream than a reality. Practitioners, in their attempts to realize the stated benefits of SCM, have launched a number of initiatives. Yet more often than n...

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Bibliographic Details
Published in:Supply Chain Management Review 2003-09, Vol.7 (5), p.34
Main Authors: Moberg, Christopher R, Speh, Thomas W, Freese, Thomas L
Format: Magazinearticle
Language:English
Subjects:
Analysis
Business enterprises
Collaboration
Competitive advantage
Customer services
Guidelines
Information sharing
Inventory
Logistics
Management
Methods
Risk assessment
Software
Success
Suppliers
Supply and demand
Supply chain management
Supply chains
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Summary:In the past 20 years, academics and practitioners alike have been focusing intensely on supply chain management (SCM). SCM remains more of a pipe dream than a reality. Practitioners, in their attempts to realize the stated benefits of SCM, have launched a number of initiatives. Yet more often than not, these efforts have produced mixed results at best. Despite the contradictions and poor track record, most practitioners and academics believe in the viability and importance of SCM. It's time for a critical evaluation of SCM so that the gap between theory and practice can be closed and supply chain initiatives will enjoy a higher probability of success. This article reviews the definition and goals of supply chain management. Next, major SCM barriers are identified and discussed. Finally, it recommends what needs to be done to overcome barriers and achieve seamless, integrated supply chains.
ISSN:1521-9747