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Effect of make in india on supply curve

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KE IN INDIA concept will bring new trend in supply chain function. Instead of conventionally plant level production planning it is better to focus on demand DRIVEN model, which is more customer centric. This will also have a telling effect on Inventory holding of the company. In the PRESENT, global business environment, most impacted area is supply chain. Sourcing of material, manufacturing, distribution, invoicing, have all been significantly impacted by the increased integration of global customer and suppliers. MAKE IN INDIA to be successful, Indian companies is to manage increased global competition and price pressure. They have to look towards supply chain at ways to reduce cost and to create more efficient value chain so that they can remain globally competitive. Cost improvements around inventory management, logistics operations, material management and manufacturing costs, including raw material and component acquisition can be found with: • Transportation/distribution management • Improved product lifecycle management • Improved strategic sourcing and procurement Suppliers can differentiate themselves in a number of ways as well as provide Value, addition services and CAPABILITIES to their customers. The differentiating factors include: • Vendor Managed Inventory (VMI) • RFID • Labelling and packaging Yet another increased trend is to outsource all non-core jobs. Some time, to get the best in the Industry from superior and high tech or cost competitive suppliers outsourcing is resorted. In a MAKE IN INDIA project, which is more global even labelling, compliance to environment and responsible packaging are critical to success. Collaboration is seen in the increased focus around RFID (Radio Frequency Identification). Value chain leaders are looking at functional areas to better integrate the supply chains of their partners with themselves. RFID can serve as a means to quickly and efficiently ensure that critical product information is communicated as products flow through the value chain and ultimately to the consumer. As supply chain networks have become more COMPLEX, the need for greater and Improved supply chain technology solutions have become critical. Enterprise Resource Planning (ERP) and best Supply Chain Management (SCM) solutions have been developed to address the needs of manufacturing and distribution companies such as Inventory Optimization, Logistics Optimization, Product Lifecycle Management , RFID demand based Manufacturing Optimization etc., These technologies have helped enable the supply chain function to innovate, Drive cost optimisation, improve service and meet customer EXPECTATIONS better than ever. In order to have sustainable improvement in supply chain performance, a business must have the right balance of processes and technology. To remain successful, companies must bestow intensive focus on supply chain Excellence and may even need to re-evaluate their current processes and performance. In the areas like Demand Planning, Globalization, Outsourcing etc. Companies must embrace Supply Chain Excellence as a core competency at all levels throughout the organisation and recognize that supply chain management is executed in all relevant areas, not just the functional supply chain function.hope it helps u mate....pls mark me brainliest



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