Discussion question on supply chain management and capacity management Essay

Discussion question on supply range of a function management and cognitive content management - Essay ExampleThis serves to minimize system wide costs, and at the corresponding time ensures satisfaction of the service levels. As such, supply chain management adds value and ensures a authorise competitive advantage. Some of the objectives of this intervention argon to remove assets from the balance sheet, reduce working capital, improving cash in to cash cycles, and enhancing inventory turns (Ozkurt, 2013).The impact of supply chain management on the financial position of an make-up assumes importance due to the fact that competition is between supply chains and not organizations. This situation is the world of the contemporary business world. The emphasis, since the 1990s, when globalization came to the fore, has been the conveying of a product to the proper(a) place at the right time and at the minimum price (Li, Ragu Nathan, Ragu Nathan, & Rao, 2006, p. 107).Capacity stra tegy is an important principle that utilizes advanced manikin modelling to enable business organization to develop realistic and relevant skill strategies. Moreover, such strategies are painstakingly evaluated from the operational and financial perspectives. In the context of healthcare organizations, the capacity strategy promotes the optimization of capacity in the principal departments and service lines. This salutary outcome is achieved by authenticating and developing specific strategies aimed at improvement, formulating a structure of governance, and engendering inter disciplinary commitment (General Electric Company, 2013).With regard to adhering to a schedule of end substance abuser response times, capacity management provides information about the exact proportion of infrastructure investments required. In fact, capacity management makes it a simple task to compare vendors and establish the optimal configuration of infrastructure undeniable for meeting service levels at the best cost. Another advantage is that performance