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Article Critique Innovations in technology and management practices have produced a distinct paradigm shift since 1970 Even though companies are now focusing on customer satisfaction as a competitive weapon the cornerstone of competition is still cost-minimization and affordability With the invention of Internet companies and manufacturing firms have been given the opportunity to effectively improve their supply chain management system The article New challenges in managing supply chain by Derek Maggs explores the definition of supply chain management SCM and then focuses on the relations among SCM systems enterprise resource planning ERP and information technology IT The author argues that the aim of SCM is more than just cost reduction He further argues that SCM tries to minimize the costs of production and in the meantime to increase the quality of value added According to this article the dramatic decrease in IT implementation costs due to recent advances in this field have made IT solutions affordable to small and medium-size companies and retailers This has made a shift of power from manufacturers to retailer resulting in a decrease in manufacturers margins Furthermore Internet allows companies to interface their EPP system with other SCM systems from all around the world Therefore manufacturers are now able to acquire their raw materials in an effective and timely fashion which in terms translates to an increase in customer satisfaction At the end the author outlines the goals such as reduced inventory cost that implementers are trying to achieve by integrating IT solutions into SCM systems In this journey IT implementers are faced with the globalization challenge As a result we are expected to see new business models and new economic relationships in the future to overcome this challenge The article is well focused around the fact that IT solutions will improve the efficiency of current SCM systems by making automated procedures To justify this the author uses an estimate from an analyst group which claims that its worth will
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