Supply chain management is the management of the flow of goods and services and includes all processes that transform raw materials into final products. It involves the active streamlining of a business’s supply -side activities to maximize customer value and gain a competitive advantage in the marketplace. 3 дня назад
A supply chain is a network between a company and its suppliers to produce and distribute a specific product or service. The functions in a supply chain include product development, marketing, operations, distribution, finance, and customer service.
A supply chain is comprised of all the businesses and individual contributors involved in creating a product, from raw materials to finished merchandise. Examples of supply chain activities include farming, refining, design, manufacturing, packaging, and transportation.
Supply chain models and simulations in SCM Globe are composed of just four types of entities: PRODUCTS; FACILITIES; VEHICLES; ROUTES. These entities relate to each other and their interactions are what drive supply operations and produce the simulation results and performance data.
The Top-level of this model has five different processes which are also known as components of Supply Chain Management – Plan, Source, Make, Deliver and Return.
The 2 Types of Supply Chains
|Reactive Supply Chain Strategy||Data-Driven Supply Chain Strategy|
|Customer service and on-time delivery dependent on guesswork||Better data improves outbound logistics and increases on-time delivery by 4%.[iv]|
What is modern slavery and how do you identify it in your operations or supply chain ? Broadly, Modern slavery refers to enslavement of vulnerable people whose freedom is impacted by exploitation including threats, violence and coercion, abuse of power or deception. Slavery . Servitude. Forced labour.
There are four stages to the evolution of such a supply chain network: Stage 1: Supply Management . The most basic stage , built around an internal MRP system that is lead-time driven. Stage 2: Supply Chain Management . Stage 3 : Supply Chain Integration. Stage 4 : Demand- Supply Network Collaboration.
In summary, Procurement is the process of getting the goods you need, while Supply Chain is the infrastructure (extensive, in many cases) needed to get you those goods.
The purpose of the supply chain is to make product available to meet customer demand – and that includes delivery to the appropriate location, on time, in sufficient quantity. Supply chain management is focused on doing that in the most efficient and effective way. Everything else is of secondary importance.
The basic purpose of the supply chain is to fulfil demand, drive customer value, improve responsiveness, facilitate financial success and build a good network.
The major difference between supply chain management and operations management is that supply chain is mainly concerned with what happens outside the company – obtaining materials and delivering products – while operations management is concerned with what happens inside the company.
The three types of supply chain analytics are “ descriptive ”, “predictive”, and “prescriptive.” Each plays a different role in helping you manage your inventory.
The 6 supply chain models are: The continuous flow models. The fast chain models. The efficient chain models. The custom configured model. The agile model. The flexible model.
Nike’s supply chain extends to several nations. Its products are made in 42 countries at 567 independent factories employing more than 1 million workers (check out Nike’s manufacturing map). These independent factories produce virtually all of the products marketed and sold by Nike .