Strategy Paper: Supply Chain Strategy for ABC Company (Term Paper Sample)

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Supply Chain Strategy for ABC Company
Step 1: Access Supply ChainStep 2: Access Environment
Step 6: ImplementationStep 5: OperationalizationStep 4: Adjust Supply Chain StrategyStep 3: Evaluate
ABC Company is a communication company that provides communication services to its subscribers. The company has designed a supply chain strategy to ensure efficiency in the production process company. The supply chain strategy for ABC Company involves a cycle of six-step approach which is executed regularly by the supply chain. Some conditions may change and therefore ABC Company regularly reviews the supply chain to determine will affect the operations of the Company. The company is then able to cope with the conditions that have changed by improving its current strategies to enable the business to ensure alignment with the changing environment.
The first step of the ABC involves accessing the supply chain by asking the question, who are we? Here the company aims at determining their current position and also the characteristics of the supply chain which involves the strategy employed by the company, resources available in the company, and the present and planned practices of the company. These factors are under the control of the ABC Company and thus the company can influence them as they are contained within the company environment. For instance, ABC Company to minimize the cost of production determines the suppliers of its factors of production and thus to cut on cost the company will deal with companies that supply cheap inputs.
In Step 2 the ABC Company assesses the environment by determining what is changing. The ABC Company determines the nature of the environment that influences the supply chain of the company. At this stage the company is not in control of the environment and therefore it has to adapt to the environment by identifying the stakeholders and the supply chain input resources. The ABC Company being in the communication industry faces stiff competition which is not under its control.
Step 3 involves evaluating the impact of the internal and external environment identified in step 1 and step 2. The internal and external environments determine how the ABC Company fits in the communication industry. The ABC Company will evaluate the internal and external environment to determine the position they are in the communication sector. The communication sector which experiences stiff competition for market share will mean that the ABC Company has to determine its position in the industry from the level of market share it enjoys in the market.
Step 4 aims at adjusting the supply chain strategy by determining how the Company should fit best in the industry. ABC Company, to increase its market share, aims so that it can increase the market share and rise in revenue. The stiff competition will imply that the companies have to compete for customers through differentiation of their services to produce high-quality goods. Therefore, the ABC Company aims at investing in innovation and redesigning of its services that will lead to attraction of more customers. The ABC Company also aims at minimizing costs through ensuring efficiency in the production process to ensure that the company does not underutilize the available resources.
Step 5 involves the preparation of the ABC Company towards implementation of the strategies that have been identified in step 4. The strategies identified in step 4 cannot be realized if the company does not have the capabilities implementation of the strategy. Here the ABC Company has identified four aspects that are relevant to the implementation of the strategies. The first aspect is the financial capability where the company has come up with ways of generating funds that will be used in the innovation and redesigning of the company services. Another aspect includes the sustainability aspect where the company determines whether it has...