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Supply Chain Management
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Supply Chain Management
In simple terms, supply chain management refers to the control, execution, planning,
design, and monitoring of activities involved in the supply chain. Its main objective is to
synchronize demand with supply, influence global logistics, develop a competitive infrastructure
and create a net value (Jacobs et al., 2014). The supply chain management of a company can
thrive best if the supply chain processes are observed. The process of the supply chain is made
up of building blocks that enhance its objectives. The significant building blocks of supply chain
management include order fulfillment, warehousing, manufacturing, procurement, supply,
demand, and strategic planning. The paper provides a detailed evaluation of the building blocks
of the supply chain management process.
Appropriate building blocks making the process of supply chain management(SCM) have
contributed to the success of several companies globally. One of the significant building blocks
of supply-chain management that has contributed to several companies’ success is the strategic
planning process (Jacobs et al., 2014). The building block encapsulates the sourcing and design
of the supply chain. Design involves optimization and evaluation of th...
