Frazelle, E. (2017). Supply chain strategy: Unleash the power of business integration to maximize financial, service, and operations performance.
In this article, Frazelle, (2017) affirmed that the industrial custom in supply chain management is fully revised as well as updated to offer the contemporary logistics solutions. The success of proven pillars in logistics as well as in management of supply chain introduced within the initial edition of Supply Chain approach which is currently guides the supply chains of various world's most successful firms, and such organizations are not limited to 3M, Coca-Cola, Abbott, BP, Disney, Honda, Hallmark, Rio Tinto, Mitsubishi, Oxxo-FEMSAPratt & Whitney, Payless, P&G, Wal-Mart, and among others. The article as well states that Second Edition is deemed current research case studies illustrating on how those firms meet supply chain objectives and how to assist people to overcome challenges. It also states that it has the most recent supply chain innovations, comprising supply chain command, big-data analytics, control centers, and incorporated planning of supply chain, chain optimization of large-scale supply and real-time international supply chain visibility. Also, it has re-shoring, Omni-channel logistics, international-sourcing optimization, supply chain finance, cloud-based management of supply chain, international trade management, as well as fourth-party logistics.
Vossen, G., Schonthaler, F., & Dillon, S. (2017). The Web at Graduation and Beyond: Business Impacts and Developments.
This article by Vossen, Schonthaler & Dillon, S. (2017) offers comprehensive management of the fast transforming world business based on Website technologies as well as their often disrupting innovations. Similarly, the article outlines the historical background of Web where Web led to new approaches where businesses operate and connect on how people communicate as well as socialize. Also, the article relates technologies such as cloud computing, crowdsourcing, social commerce, and the Internet of Things. This article indicates that such form of developments plus their specific technological foundations impacts businesses in some ways. The article as well contextualizes many topics by outlining a brief historical background of global Web, regarding technological evolution as well as regarding its resulting business impacts. The article was written for wide audiences and is not limited to technology managers as well as students taking information technology in a higher learning institution.
It is as well projected as a director for citizens who grew up in a setting of business management or any related field but who, at the end of the career path, have attained a point where decisions of IT-related are their daily business, for example, digital transformation. The article describes the most significant Web technologies as well as business-related applications and particularly focused on business implications of such form of technologies (Rao, Reddy & Yahoo, 2018). As such, the article provides a solid, focused business technology and analysis on impact of Web and balances terms and approaches for policy development as well as deciding with specific technical development of what happens behind business scenes
Comparing and Contrasting Sourcing Approaches in these Articles
In article one by Frazelle, E. (2017), the sourcing approach is Comprehensive. This approach is most intricate, and the sourcing decision was strategic for long-term strategic since it is a most demanding relationship. On the other hand, a comprehensive outsourcing ideal means that one can engage with a training partner for a longer period to deliberately manage a wide-ranging set of processes across many functional process fields in training organization.
For the case of article two, contracting approach for sourcing was used since it is a form of out-tasking engagements, making it one of the common outsourcing in training industry. This is tactical for the short term where an organization would rather pay after a short-term contract.
In the Comprehensive sourcing strategy, the key factor to consider is time an organization can engage in training partner for a longer period to deliberately manage a wide-ranging set of processes across many functional process field in training organization. This is one of the imperative factors that determine the results and the level of performance within the organization.
While contracting approach for sourcing was used where engagement and payment period were major key factors that were used to determine when choosing this particular approach. Also, it is because of tactical engagement when a company objective is to limit complexity as well as the breadth of processes expects from the management of supplier (Keung, 2018). It has a transactional factor, which shows that the relationship terminates when all activities are complete (Wu et al., 2018). Therefore, I consider this sourcing approach since is most flexible, least perilous and easiest to administer relationship. Contracts are commonly purchased orders having defined rules of activities for a given unit price for every deliverable (Kamakshaiah, Rao & Subrahmanyam, 2018).
In conclusion, in the article by Frazelle, (2017) used Comprehensive approach and it is the most intricate and the sourcing decision was strategic for long-term strategic, since it is most demanding relationship while article two by Vossen, Schonthaler & Dillon, (2017) it offers a comprehensive management of the fast transforming world business based on of Website technologies as well as their often disrupting innovations. I consider contracting approach for sourcing within sourcing approach since is most flexible, least perilous and easiest to administer relationship.
References
Frazelle, E. (2017). Supply chain strategy: Unleash the power of business integration to maximize financial, service, and operations performance
Kamakshaiah, K., Rao, K. V., & Subrahmanyam, M. (2018). SABE: Efficient and Scalable-Filtered Access Control in Distributed Cloud Data Storage. In Smart Computing and Informatics (pp. 31-42). Springer, Singapore.
Keung, C. W. (2018). A Conceptual Model of Cloud-Based Virtual Community for BIM Innovation and Promotion. In Proceedings of the 21st International Symposium on Advancement of Construction Management and Real Estate (pp. 45-52). Springer, Singapore.
Rao, K. P. R., Reddy, V. K., & Yakoob, S. K. (2018). Dynamic Secure Deduplication in Cloud Using Genetic Programming. In Data Engineering and Intelligent Computing (pp. 493-502). Springer, Singapore.
Wu, X., Tang, S., Yang, P., Xiang, C., & Zheng, X. (2018). Cloud is Safe when Compressive: Efficient Image Privacy Protection via Shuffling Enabled Compressive Sensing. Computer Communications.
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