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The IUP Journal of Supply Chain Management :
Supply Chain Strategy Selection: A Multi-Criteria Decision-Making Approach
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Supply chain performance improvement initiatives strive to match supply and demand, thereby driving down costs and simultaneously improving customer satisfaction. This invariably requires uncertainty within the supply chain to be reduced as much as practicable so as to facilitate a more predictable upstream demand. Sometimes, however, uncertainty is impossible to remove from the supply chain due to the type of product involved. Hence, specific supply chains are faced with the situation where they have to accept uncertainty but need to develop a strategy that enables them still to match supply and demand. Hence, this research works in this direction and identifies various supply chain strategies to match demand and supply efficiently and effectively. The research further explores lean, agile and leagile supply chain strategies, develops a conceptual framework for selection of a specific supply chain strategy and identifies the determinants in the selection of the most suitable supply chain strategy.

 
 
 

Supply chain spans all movement and storage of raw materials, work-in-process inventory, and finished goods from point of origin to point of consumption. Supply chain performance improvement initiatives strive to match supply and demand, thereby driving down costs and simultaneously improving customer satisfaction. This invariably requires uncertainty within the supply chain to be reduced as much as practicable so as to facilitate a more predictable upstream demand (Mason-Jones et al. 2000a). Sometimes, however, uncertainty is impossible to remove from the supply chain due to the type of product involved. If a product is innovative and has very short Product Life Cycle (PLC), then by its very nature, its demand will be unpredictable. Hence, specific supply chains are faced with the situation where they have to accept uncertainty but need to develop a strategy that enables them still to match supply and demand. Hence, this research works in this direction and identifies various strategies to match demand and supply efficiently and effectively.

 
 
 

Supply Chain Management Journal, Supply chain performance improvement , The research further explores lean, Agile and Leagile Supply Chain strategies, Develops a conceptual framework for selection of a specific supply chain strategy