The primary intended purpose of the system
AAccording to Gallaugher, “supply chain management
(SCM) systems can help a firm manage aspects of its value chain, from the flow
of raw materials into the firm through delivery of finished products and
services at the point-of-consumption” (2013, 10.3)
Gallaugher, J. (2013). Information Systems (2nd
ed.). Boston, Massachusetts: Flat World Knowledge.
“Sustainable supply chain management involves
integrating environmentally and financially viable practices into the complete
supply chain life cycle, from product design and development, to material
selection, (including raw material extraction or agricultural production),
manufacturing, packaging, transportation, warehousing, distribution,
consumption, return and disposal. Environmentally sustainable supply chain management
and practices can assist organizations in not only reducing their total carbon
footprint, but also in optimizing their end-to-end operations to achieve
greater cost savings and profitability. All supply chains can be optimized
using sustainable practices”.
Sustainability in
the supply chain encapsulates a number of different priorities:
- Environmental stewardship
- Conservation of resources
- Reduction of carbon footprint
- Financial savings and viability
- Social responsibility
"Supply chain sustainability
practices, in order to succeed, must deliver improved environmental performance
within a financially viable operating construct"
Benefits:
- Better bottom line —
research and experience has proven that sustainability significantly improves
financial results.
- Consumers and Wall Street
recognize the importance of green practices and sustainability -- which
more and more drives increased sales and share valuation.
- Governmental initiatives
in the United States and elsewhere provide tax and investment incentives
to companies that employ sustainable practices. In a growing number of
regions of the world, sustainable practices are govern mentally mandated as
law. This trend is escalating rapidly.
- Sustainability is equated
with corporate social responsibility and stewardship – with being a good
global citizen. The positive public relations exposure from identifying
and implementing sustainable supply chain practices can yield numerous
benefits for companies.
- Suppliers and corporate
customers are increasingly requiring sustainable practices of their
vendors.
- The elimination of waste
in the supply chain is a hallmark of sustainability.
- Better bottom line —
research and experience has proven that sustainability significantly improves
financial results.
Statistical Analysis System (SAS)
SAS was founded in 1976 and actually began as a
project at North Carolina State University to analyze agriculture research. It
has since become a global company that is recognized for its innovation in data
analytics and business intelligence. SAS is redefining what's possible with
data analytics through greater efficiency, strong information value chains,
effective collaboration tools, and state-of-the-art visualization software. SAS
Analytics is designed for use in a variety of industries including government,
manufacturing, higher education, defense & security, banking, automotive,
communications, and much more (Inc, 2016). SAS Analytics is a business intelligence
(BI) solution that has the ability to reveal patterns and anomalies in data,
identify relationships and different variables, and predict future outcomes.
Users of SAS Analytics will benefit from making more sound, better informed
business decisions based on company data and market trends. Data mining, data
visualization, text analytics, forecasting, statistical analysis, and more are
all available through SAS Analytics. Staples, which boasts $27 billion in sales
across the globe, has a business philosophy that prioritizes customer loyalty
and satisfaction. In order to better engage their customers, Staples utilizes
SAS Analytics to plan finely tuned marketing campaigns. Through forecasting and
advanced analytics, Staples has been able to rely on fewer contractors, and cut
their marketing budget, while improving their customer retention rate (Inc,
2016).
Applications for Walmart
In business supply chain management we propose
the introduction of SAS(Statistical Analysis System) to work in conjunction
with the SAP financial program. With statistical analysis coupled with SAP
decision making, the management of goods and services from the supplier to the
customer will run more efficiently and intelligently. This will help with
the quality of goods, provide shorter lead times, and a better control
over product, and in turn yield higher profits for Walmart. Clarity
and simplicity in which data and information is stored, processed and
relayed/displayed ads to the success of the supply chain.
Reference
Inc, S. I. (2016, May 25). About SAS. Retrieved July 16, 2016, from http://www.sas.com/en_us/company-information.html#stats.
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