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Report on the stepper motor supply chain management

Category: Supply Chain Management Paper Type: Report Writing Reference: APA Words: 3300

Elements of the stepper motor supply chain management

The stepper motor supply chain management is not a simple department, it includes many different aspects of the Stepper Motor that make all the function effective and easy to understand and also elaborate all the transactions in clear terms. Now the competitive environment is going to increase within the market where everyone willing to come at first and beat the other. This though makes the purchases very essential for Stepper Motor and they want to adopt such policies or procedures that make their purchase more effective. In purchasing the introduction of innovation make the purchasing more convenient and visible.

Purchasing and supply chain management has a strong relationship and it also helps to motivate the reputation of Stepper Motor and show a great impact on the economy. The company is going to be more successful when it going to achieve all the benefits related to purchasing and supply chain management. With them. It is very important to discuss the process of purchasing because it explains the objective of purchasing and also focuses on business goals and objectives. (Pham, 2018)

Stepper Motor determines the strategic supply management role and responsibilities. Policies are a major part of Stepper Motor and its development because policies make the setup of the Stepper Motor in legal term and everyone has to follow these policies. So the purchasing policy helps to explain all the aspects of the Stepper Motor and also their impact on the performance of the Stepper Motor. For obtaining the competitive advantages, it is very important to integrate the supply chain management with the functions of the Stepper Motor to explain all the functions and operations more effectively and help the structure of the Stepper Motor to establish properly.

Different types of supply chain management strategies also implement in Stepper Motor according to their requirements and operations. Purchases occur between seller and buyer so both have to understand that complete process and also explain the terms and conditions that they have to settle with the Stepper Motor according to their responsibilities. Effective suppliers are also very important because it helps to make the production of high quality and develop a greater standard of products among many competitors. (Iqualifyuk.com, 2019)

Integration for Supply Chain Network

The integration of the Supply chain network of the stepper motor is the main part of this Stepper Motor and also becomes the cause of the success and satisfaction of customers. The supply chain management has a major impact on the management of Stepper Motor because it provides them many types of benefits and also gives then long term benefits to enhance the production level of Stepper Motor and also improve the performance in the right direction. It helps to improve the financial position of the Stepper Motor as it enhances the profit leverage of the Stepper Motor by reducing the cost of the supply chain and enhance the quality of the product to attract more customers. (StepperOnline.com, 2019)

It helps in decrease the fixed assets as it decreases the usage of major assets in the process of the supply chain by effective strategy and uses the additional fixed asset at a minimum level to save the cost of Stepper Motor. It increases the cash flow because it makes more smooth the path through which the product reached the user and due to the quick delivery of the product the cash come in the Stepper Motor in quick way. It also helps the management o minimize the operation of costs of the Stepper Motor as it reduces the purchasing cost by less holding the product and deliver the product in less time. Production cost is also minimizing as the shortage of material occur less and the production spend less cost in the development and manufacturing of the products.

Supply chain management help to provide maximum satisfaction to customers in many ways. Because it makes the delivery of the product smoother and effective and also utilize less time so the customer is very much satisfied due to effective supply chain management of the Stepper Motor. Due to effective supply chain the customers expect that accurate product and accurate quantity deliver to them from the Stepper Motor. At right location the product must be available. In other words, delivery must be occurring at right time so that they can obtain their product at their accurate place. Customer also wants to avail after sale services that make the relationship stronger and reliable with the Stepper Motor. (Nap.edu, 2019)

Processes of Supply Chain

Process of Supply Chain at international level, Stepper Motors follow the supply chain management strategies to run its all operations and also build a strong relationship with the economy of the country to establish its all transactions with the supply chain management. Supply chain management show major impact on the management of the organization, customer’s relationship and also its competitors to run it’s all operations effectively and manage all the issues and deliver its product and develop a strong reputation in the market at international level. (Alison.com, 2018)

The role of supply chain management is essential for every type of organization and no any organization can make its all operations smooth and active without the effective strategies of the supply chain management. In the upcoming years, the organization more rely on the supply chain management and according to these strategies the product directly delivers to the customers in most effective manner. Supply chain management give more attention on the operations of organization and then establish the complete setup for the product from its manufacturing till its supply to customers.

The supply chain management and its effective benefit reach the organization level at high point because it provides the infrastructure of the organization a new and trendy way to establish their operations and also manage all the transactions according to customers need and requirement. Some trend belongs to future and supply chains are given as in mainstream supply chain activities, the artificial intelligence will be embedding. In a close loop feedback process, the leaders will leverage social media. (Infineon.com, 2018)

Supply Chain Model of the stepper motor supply chain management

The technology moves at top position that support the usage of supply chain management. For successful results, the micro segmentation must be implementing in the organization. It determines the nature and number of supply chain with the product clock speeds. With similar to CPAs the supply chain management will have standard certification process. To serve the base of the pyramid, the supply chain must be design. To fully report corporate externalities, the companies must be prepared. As compare to product chain, the service chain is going to be more important for the organizations

The Supply chain management make the supply of product within and outside the organization more effective, smooth, and handle all the related issues and problems that create hurdles in the delivery of the product to customers. Supply chain management strategies implement in all level of production and also help to manage the manufacturing process more active and efficient because organization are now depending on the demand and requirements of the customers and try to produce the products according to their need and requirement so they are willing to purchase the product from that organization. (BALTER, 2016)

The supply chain management want to provide accurate product according to customer’s need so the customer show its complete trust and a long term and good relationship is going to develop with the organization and the customer obtain its required product according to supply chain management. Supply chain management help the organization to maintain and run its all operations in effective manner and establish a strong relationship with the economy that provide benefit and become beneficial for the organization in long terms.

The purchasing process and its supplier role and responsibilities are very much important for provide better results in the production department and deliver the product according to customer’s demand and its need. Because supply chain management and its effective strategies help the organization to establish a cooperative environment   that work for the benefits of all the people who are attach with them and also maintain a supportive atmosphere that support the customers and competitors according to its functions and making better its performance. (PITT, 2019)

Drivers of Supply Chain
Investment Costs of the stepper motor supply chain management

In the field of business, the role of supply chain and its management is very much essential and no any organization can move its operations without the implementation of supply chain within the organization. Supply chain management and its effects are long lasting for the operations of the organization and it also help to maintain functions and transaction in proper way and on track. In the supply chain management, the purchasing process is very important and basic purpose of the business explain with its purchasing pattern.

Transportation Costs of the stepper motor supply chain management

Every organization has different way of purchasing by utilizing its strategic techniques, and adopts effective purchasing policy that explains the objective of the business. Different organizations have different policies related to their transactions and supply chain management because the functions of every organization are different from each other and its supply chain management procedure different according to the requirement of product and its customers. So in every business or organization supply chain showing a major role in its development.

Procurement Costs of the stepper motor supply chain management

Supply chain also provides many competitive advantages to its used because it makes the product more prominent and convenience for the users to easy access. The supply chain management has shown major impact or organization, customers and competitors in different ways and it’s also effect the economic condition of the country so its depend on the organization that how effectively. (Kaçan, 2019)

Production Costs of the stepper motor supply chain management

They are going to utilize the supply chain management and how they get more and more benefit for enhancing their sale and purchase in the market and also consider that how they provide the competitive advantages to the organization because many competitors are using the same management techniques so it depends on the management of the organization that how to utilize the strategies to obtain maximum benefit and make the supply chain management more effective.

Inventory Costs of the stepper motor supply chain management

Supply chain management help in decline the fixed resources as it declines the use of significant resources during the time spent store network by powerful procedure and utilize the extra fixed resource at least level to spare the expense of association. It increments the income since it makes increasingly smooth the way through which the item came to client and because of speedy conveyance of the item the money come in the association in fast way. It likewise helps the administration to limit the activity of expenses of the association as it lessens the obtaining cost by less holding the item and convey the item in less time. (Kersten, 2019)

KPI/Metrics/Baseline Value of the stepper motor supply chain management

Generation cost is additionally limiting as the lack of material happen less and the creation spend less cost in the advancement and assembling of the items. Production network the board helps to give most extreme fulfillment to clients from multiple points of view. Since it makes the conveyance of the item progressively smooth and compelling and furthermore use less time so the client are particularly fulfilled because of viable store network the executives of the association. Because of successful inventory network the clients expect that exact item and precise amount convey to them from the association. At right area the item should be accessible. As it were conveyance must be happening at correct time with the goal that they can acquire their item at their precise spot. (Opsdog.com, 2019)

Client additionally needs to profit after deal benefits that make the relationship increasingly solid and dependable with the association. Association need better reaction of all clients when they need to get upper hands. Just those associations can get the upper hands who offer reaction to the necessities and prerequisites of the clients and build up a solid association with its everything clients. Production network is the responsive identified with clients as it is gotten the wellspring of upper hands for the association. The exhibition of the firm should be not quite the same as others and it has capacity to deal with every one of the issues of clients and make the conveyance of the items progressively viable and smooth

Risk and Risk Mitigation of the stepper motor supply chain management

At global level, numerous associations pursue the production network the board techniques to run its everything activities and furthermore construct a solid association with the economy of the nation to build up its everything exchanges with the inventory network the executives. Inventory network the board show significant effect on the administration of the association, client's relationship and furthermore its rivals to run it's everything activities adequately and deal with every one of the issues and convey its item and build up a solid notoriety in the market at global level. (Lewotsky, 2013)

This leads the companies to face several challenges, which could impact the shop network connections, consequently the customer supply chain framework is changed and also the Board’s association with the firm’s inventory network (Buck, 2015). The literature shows that there is little to no research has been done on this concept of executive relationship by the online business. Keeping in view the significance of companies’ striving for regulating their supply chain links within the context of online business, the present study will determine how online companies monitor supply chain and logistics and how does it improve the efficiency of the firms.

The job of inventory network the executives is fundamental for each sort of association and no any association can make its everything tasks smooth and dynamic without the successful techniques of the production network the executives. In the forthcoming years, the association more depends on the inventory network the board and as per these methodologies the item legitimately conveys to the clients in best way. Store network the board give more consideration on the tasks of association and afterward build up the total arrangement for the item from its assembling till its stock to clients. (Alberts, 2009 )

Logistics and Transportation of the stepper motor supply chain management

The store network the executives and its successful advantage arrive at the association level at high point since it gives the framework of the association another and popular approach to set up their activities and furthermore deal with every one of the exchanges as per clients need and necessity. Some pattern has a place with future and supply chains are given as in standard inventory network exercises, the man-made reasoning will be implant. In a nearby circle criticism process, the pioneers will use internet based life. The innovation moves at top position that help the utilization of production network the executives

For Success, the small scale division must be executing in the association. It decides the nature and number of store network with the item clock speeds. With like CPAs the store network the executives will have standard affirmation process. To serve the base of the pyramid, the inventory network must be plan. Too completely report corporate externalities the organizations must be readied. As contrast with item chain, the administration anchor will be increasingly significant for the associations. (Br-automation.com, 2019)

The improved supply chain process and logistics has successfully replaced the inventory concept with the information. Using internet for collecting, analyzing and distributing the information in the supply chain process is more accurate and is considered to be less costly. Due to change in buying behavior of customers from traditional retail stores to the online shops, the supply chain process has been significantly changed. E-commerce has changed the ways the supply chain is designed and monitored and the method of distributing products. This has widened the supply chain diversity, which leads to low prices, high competition and low business market barriers. Moreover, the rising trend of aggressive marketing and online shopping has profoundly leaded the customers to change their buying preference from the traditional approach to the electronic business. The manufacturers have also invested their money to market their goods using new channels of e-commerce, thus, their overall business efficiency is enhanced.

Sustainability in the stepper motor supply chain management

Supply chain process has the significant role in modern contemporary business environment. It is estimated that the customers pay for the products that has 40% of the logistics and supply chain expenses. The managers of the contemporary firms have finally realized the significance of internet for supply chain process of the firm to enhance the decision making process and provide real-time data to enable integration between the trading partners. In this way, the firms not only collect the information about what to buy and what to send, it also sends online information to its suppliers to furnish their order, so that they successfully synchronize their manufacturing to the real-life sales. (Electricmotorengineering.com, 2019)

The innovation and creativity in the technological aspect improve the productivity of the firms, thus, provides robust economic growth and enhanced standard of living. The process of moving the materials, components and finally the products using the firm’s value chain involves an essential part of the entire expenses of goods, yet, automated transportation, telecommunication and coordinated information system have profoundly facilitated supply chain managers of the firms to enhance their capabilities to plan, order, regulate and assess their process. Particularly, the emerging technology and e-commerce have significantly changed the supply chain activities from the mass manufacturing to the mass customization. The present study has the prime focus to evaluate the impact of ecommerce techniques on the supply chain management and logistic of the firms and how such techniques improve the economic performance of the country. (Orientalmotor.com, 2019)

The main focus of this study is to find out the significance of adopting e-commerce techniques to improve the supply chain management and logistics, as it has evolved from simple planning to performance management that is integrated with advanced e-commerce technologies. Particularly, the center point is to find out the efficiency of e-commerce techniques on supply chain operations such as warehousing and inventory management, which influences the price, employment, productivity and firm’s economic output.

References of the stepper motor supply chain management

Alberts, C. J. (2009 ). A Framework for Categorizing Key Drivers. 1-13.

Alison.com. (2018). Introduction To Supply Chain Management - Revised 2018. Retrieved from https://alison.com/course/introduction-to-supply-chain-management-revised-2018

BALTER, I. (2016, September 4). Stepper motors use closed-loop technology for servo applications. Retrieved from https://www.controleng.com/articles/stepper-motors-use-closed-loop-technology-for-servo-applications/

Br-automation.com. (2019). Stepper motors 80MP. Retrieved from https://www.br-automation.com/en/products/motion-control/stepper-motors-80mp/

Electricmotorengineering.com. (2019). High-efficiency motors and sustainability. Retrieved from https://www.electricmotorengineering.com/high-efficiency-motors-and-sustainability/

Infineon.com. (2018). Stepper motor. Retrieved from https://www.infineon.com/cms/en/applications/solutions/motor-control-and-drives/stepper-motor/?redirId=114046

Iqualifyuk.com. (2019). The Eight Components of Supply Chain Management. Retrieved from https://www.iqualifyuk.com/library/business-management-section/the-eight-components-of-supply-chain-management/

Kaçan, M. (2019). 5 main drivers of supply chain costs. Retrieved from https://icrontech.com/blog_item/5-main-drivers-of-supply-chain-costs/

Kersten, W. (2019). Drivers of Sustainable Supply Chain Management:. 1-23.

Lewotsky, K. (2013, June 11). Risk Management Cuts Machine Costs. Retrieved from https://www.motioncontrolonline.org/content-detail.cfm/Motion-Control-Technical-Features/Risk-Management-Cuts-Machine-Costs/content_id/318

Nap.edu. (2019). Integration Process. Retrieved from https://www.nap.edu/read/6369/chapter/6

Opsdog.com. (2019). What is a KPI? A Definition and Examples. Retrieved from https://opsdog.com/categories/kpis-and-metrics

Orientalmotor.com. (2019). Improving Stepper Motor Design for Torque and Vibration. Retrieved from https://www.orientalmotor.com/stepper-motors/technology/stepper-motor-improving-motor-design-for-torque-vibration.html

Pham, D. (2018, February 09). Stepper Motors Step Up for Machine Automation. Retrieved from https://www.machinedesign.com/industrial-automation/stepper-motors-step-machine-automation

PITT, J. (2019, October 11). Stepper Motors: The Key to Achieving Motion Control. Retrieved from https://www.roboticsbusinessreview.com/news/stepper-motors-the-key-to-achieving-motion-control/

StepperOnline.com. (2019). Stepper Motor Online . Retrieved from https://www.omc-stepperonline.com/

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