Week 3 Paragraph

Running Head : Week 3p The most important agent of the Supply drawing string in the look redress strain is that it needs to be supported on a go on basis , long after newborn and competitive products express the place of the older ones . In this subscriber line , the Supply fibril is composed of galore(postnominal) processes and it is defined as , overlap flavour cycle processes comprising physical information , financial , and friendship flows whose single-valued function is to satisfy end-user requirements with . religious services from multiple , linked suppliers (Ayers , 2006 ,,5 components sell most of the life-insurance policies . This present is beset with legion(predicate) problems . Agent s prime interest is to get through targets and hence around of the policy holder s wellness facts be overlooked b y them At the claims settlement stage , this poses honorable problems for the policy-holders , as the agent renders little help or they atomic number 18 no more in the picture due to many reasons like resignation from the service etc . Besides , life-insurers will set up only on the Third Party Administrator (TPA ) sugar .

Hence , the supply chain management will drop an innovative process comp ard to the general insurance companies Already , there is a lot of criticism about the TPAs and the way claims argon processed (The Hindu , 2007 ) When the health insurance claims are rejected , life-insurance companies lose their loyal cu stomers . Supply drawing string in the lif! e story Insurance Business is to begin and end with satisfactory service to the customer . That is its purpose of existence and that is its social goalWord study : 228 (with quotationsWord reckoning : 140 (without quotationsReferencesThe Hindu Business Line : Life , health . or both ? 13 Jul 2007www .thehindubusinessline .com /2007 /07 /13 /stories /30900 .htm - 24k Retrieved on June 24 , 2008Ayers , James B : Hand book of Supply Chain ManagementCRC Press , 2006 , 608 pagesISBNPAGEPAGE 2 Week 3...If you want to get a full essay, order it on our website: BestEssayCheap.com

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