A Company Reporting on its Supply Chain Activities Essay

A ships company Reporting on its Supply Chain Activities - Essay ExampleA Company Reporting on its Supply Chain ActivitiesOne of the companies exemplified in the report was Steel Dynamics where the current situation reported by Stundza (2010) was manifested as shoddy demand for products such as merchant bars, wire rod, light structural products, mini-mill made steel, special quality bar, structural steel and fabricated rebar, among others. The raw materials for these products argon highly dependent on the availability and prices of scrap, briquettes, pellets, the types of steel to be produced, and operational factors. The end products are marketed to consumers of which the following were mentioned automakers, automotive parts producers, residential and non-residential building construction, exportation markets and the nuclear industry.The crucial information that pertains the supply chain are factors affecting supply and demand. As revealed, there is currently low demand or iner t movement in both residential and non-residential building construction, and the prices of raw materials, particularly scrap. Further, export markets deem to be a lesser viable alternative to market their products due to end prices that would not be competitive in Europe and Asian nations because of including custom-duties, insurance fees, freight costs and availability of ships for export. Other relevant factors that affect pricing strategies for the products are the rising cost of scrap due to seasonality in supply and the strong demand for export markets.