Systemic Value-Creation Research On Coal Supply Chain

The development of coal supply chain lags far behind the development of coal consumption, the real needs of coal consumers are not met and so on, which are the main problems plaguing the healthy development of China's coal industry. In this paper, based on theoretical research and practical exploration, an integrated management and value-creation system of coal supply chain is put forward .It is firstly pointed out in this paper that a complete coal supply chain should involve all the intermediate processes ranging from the coal out of pithead to the coal into the furnace. Coal supply chain management can be described as the coal consumption of customer-centric supply-chain management, which is committed to the optimal allocation of resources between coal production and consumption, systemic integration of related activities of value chain, product conversion of coal products to the standardized products and services with integrated solutions, pursuit of customer satisfaction, and creating high added value,such as matching, consistency, reliability and economy for the coal customers while achieving win-win situation. The core concept of coal supply chain management includes the following four meanings: the first is to achieve the transformation from product to service, the second is to provide integrated solutions for customers, the third is the system integration activities based on specialization of labor division, the fouth is that the node company of coal supply chain is custom-oriented to create value and achieve win-win situation.Coal supply chain system has obvious characteristics of a system. It is actually a value-creation process, which the coal supply chain manager provides an integrated solution for the coal consumption customers, including standardization of products and professional services. All of the value-creation nodes form the supply chain management and value-creation system. According to the characteristics of the coal supply chain management, coal supply chain management system is composed of eight major systems jointly accomplished. These eight systems are: the network system, the customer development and management system, the coal blending system, the procurement and logistics system, the financial management system, the information system, the risk management and control system, the performance evaluation system. Next, the paper will undertake a study on each of the eight systems in detail. Finally, through relevant case studies a completed coal supply chain management and value-creation system, is proposed for the direction of future practice.The innovation of this paper lies on five aspects: first, the innovation of the concept of the coal supply chain, the concept of the coal supply chain management; second, research on the coal supply chain from the systemic point of view; third is to build a trumpet value-creation model of coal supply chain management; fourth is to build a sales funnel value-creation model of the customer development and management system of coal supply chain; fifth is an innovative three-tier network point of view of supply chain that the supply chain is composed of the social network, material chain network and the information network; the sixth is the"macro-coal blending"concept to implement the optimal allocation of different kinds of coal resources, transportation, inventory, suppliers, customers, information, capital and other resources through the coal supply chain management.