The Reduction of Supplier Risk: Inputs Into the Military Supply Chain Paper Example

Paper Type:  Research paper
Pages:  5
Wordcount:  1351 Words
Date:  2022-07-08

ABSTRACT

The study involved analysis of strategies for use in the reduction of supplier risk: inputs into the military supply chain.

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Objectives: Various objectives were identified that included determination of the various components involved in the overall management of the military supply chain system importantly, the study also focused on identifying the various risk factors that would compromise the function of the military supply chain management. The third objective included explaining the various effects of the risk factors on the function of the military personnel. The last objective was to determine the strategies and mitigation techniques that can be advanced to ensure that such risks are eliminated.

Methodology: The study combined the use of both quantitative as well as qualitative analysis. In qualitative analysis, questionnaires were used determine areas in military supply chain that would be used in reduction of the supply chain risks. Quantitative approaches were employed in analysis of the answers obtained in the questionnaire. It involved use of standard deviations in an attempt to understand best approaches as suggested by the respondents.

Results: The results of each objective was clearly stated and analyzed

Discussion: Each of the objective tested were analyzed and discussed effectively and efficiently as shown in chapter five.

Conclusion: Time management in military supply efforts are also a factor consistent with failure and success of the overall mission. Unlike with the commercial suppliers who have to worry about economic losses and the perspectives of the consumer, military suppliers also worry about their efficiency in mitigating the risks of the obvious insecurity of road, air, and sea transportation channel

ACKNOWLEDGEMENTS

I would like to first acknowledge my beloved supervisor XXX for his assistance and critique he has shown me all through during the study.

I would also like to acknowledge my comrades from XXX who encouraged me to continue even though at some times it was tough sailing.

CHAPTER ONE: INTRODUCTION

1.1 Background of the study

The military and other related groups of law enforcement agencies use a variety of different items to support their aircraft travels and other related missions of their career. To support these activities, there must be a constant supply of all the necessary tools and equipment on a regular basis. For instance, the Air Force is one of the units within the security agents that make big use of aircraft services. In this case, most of the items, in this case, may have to be supplied because they need replacement and other related mechanical attention. Specifically, it is estimated that nearly 60,000 different items were identified in a critical analysis of annual requisitions of weapons and other related system components (Alicke & Forsting, 2017). Of these, it was further estimated that nearly three in four had no more in any way half-dozen of the total annual requisitions that were made. One can then imagine how critical the process is when it comes to allowing the normal military functions which in most cases are always aimed at providing peace and protecting a country of interest against both internal and external aggression.

Just as there may be difficulties in obtaining more frequently ordered aircraft parts for the Air Force and other military personnel, as well as other items such as firearms, so does difficulties exist in obtaining low-demand parts. Also, the management of such parts can be quite a difficult process to handle and expensive for that case (Alicke & Forsting, 2017). A combination of all these factors makes up the military supply chain system. It bears a system of risk factors that must be well managed to ensure that there is an effective flow of goods and services to aid the military personnel in the various missions both internal and external of their home ground.

1.1.1 The military supply chain

The military supply chain system bears a detailed and comprehensive framework that uses a cross-functional approach that involves the processes of procurement, production, and delivery of products and services that are aimed at supporting military action. Therefore, the complex chain needs the cooperation of all stakeholders who are involved to ensure that there is effective management of the chain (Chan & Larsen, 2010). Once the system is affected in any way, delivery of products and services that are meant to aid military functions are compromised as well. In this case, one can imagine the nature of risks that are associated with a military service that cannot deliver its functions due to a system breakdown within the military supply chain.

The various stakeholders and parties involved in the supply chain system include the sub-suppliers, the suppliers, the fund flow, and the internal information. Proper coordination of all these parties must be made to ensure that no single factor affects the flow of goods and services to all military personnel (Chan & Larsen, 2010). When it comes to firearms, combat, food staff, and transport services, the military can never be compromised by a delay or dysfunction as this would influence the delivery of their mandate of protecting the country and the world at larger from any instances of aggression or attacks.

1.2 Research Questions

  • What are the various components involved in the overall management of the military supply chain system?
  • What are the various risk factors that would compromise the function of the military supply chain management?
  • What are the various effects of the risk factors on the function of the military personnel"
  • What are strategies and mitigation techniques that can be advanced to ensure that such risks are eliminated?

1.3 Objectives of the study

The context of the study reflects upon the various risks that are associated with the military supply chain management system. In this case, any component that would compromise a function within the supply chain system would automatically qualify as a risk factor. The reason for developing a chain system is to ensure that there is an effective flow of goods and services that are needed by the military personnel without any form of disruption or delays. In situations where this is not the case, it would then mean that the system has been compromised by a risks factor that must be addressed without any form of delay.

To achieve a better understanding of the various risks factors and related mitigation strategies that can be advanced to solve the issues, the research must focus on the specific logistics that are involved in the military supply management system. Therefore, among the objectives of the study is to have a critical understating of all the logistics of the supply chain system (Cobb, 2014). This understanding will offer a way to reflect upon the various factors that would compromise these logistics. It is only through this understanding of the various risk factors that mitigation techniques can be suggested to address them and restore the normal functioning of the supply chain system back on track.

The objectives of the study can be summarized as:

  • To determine the various components involved in the overall management of the military supply chain system
  • To determine the various risk factors that would compromise the function of the military supply chain management
  • To explain the various effects of the risk factors on the function of the military personnel
  • To determine the strategies and mitigation techniques that can be advanced to ensure that such risks are eliminated

Reflecting upon the strategies in use for the supplier risks is a very critical process in the management of the chain. In this case, coming up with specific strategies must first begin with a detailed understanding of all the components that are involved in the supply chain system. Therefore, the objectives of the study offer a clear guideline with which all the factors that are associated with the supply of goods and services to the military personnel are addressed (Cobb, 2014). From this understanding, the various suggestions that would mitigate such risks can then be offered.

1.4 Hypothesis

The strategies for use in the reduction of supplier risks on the military supply chain management system are based on the logistics such as the transport of personnel, the existing design and development, acquisition and construction, storage and distribution, acquisition and furnishing of services, medical and healt...

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The Reduction of Supplier Risk: Inputs Into the Military Supply Chain Paper Example. (2022, Jul 08). Retrieved from https://proessays.net/essays/the-reduction-of-supplier-risk-inputs-into-the-military-supply-chain-paper-example

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