TY  - JOUR
AB  - Supply chain management can be seen as an approach to obtaining the
benefits of Vertical Integration without ownership. Vertical Integration
has the potential to offer benefits of increased control as well as cost
reduction, but supply chain approaches can theoretically provide these
same benefits through effective organisation. The concerns with supply
chains are discussed under the headings of: innovation, competence and
value added, investment flexibility, networks rather than single chains,
proprietary design knowledge and dependence. The conclusion is that,
where supply chains are identified (even within vertically integrated
organisations), then an approach based on effective management of each
of the customer‐supplier relationships is key to success. Reference is
made to work and materials produced by the Supply Chain Management Group
at the University of Glasgow Business School which emphasises the need
to implement “best practice” at each point in each chain.
VL  - 2
IS  - 1
SN  - 0957-6061
DO  - 10.1108/09576069110002699
UR  - https://doi.org/10.1108/09576069110002699
AU  - Macbeth Douglas K.
AU  - Ferguson Neil
PY  - 1991
Y1  - 1991/01/01
TI  - Strategic Aspects of Supply Chain Management
T2  - Integrated Manufacturing Systems
PB  - MCB UP Ltd
SP  - 8
EP  - 12
Y2  - 2024/04/19
ER  -