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A study on aspect of supply_chain_management

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INTEGRATED SUPPLY CHAIN MANAGEMENT
The supply chain of a manufacturing enterprise is a world-wide network of suppliers,
factories, warehouses, distribution centres and retailers through which raw materials are
acquired, transformed and delivered to customers. In order to optimize performance, supply
chain functions must operate in a coordinated manner. But the dynamics of the enterprise and
the market make this difficult: bank rates change overnignt, political situations change,
materials do not arrive on time, production facilities fail, workers are ill, customers change or
cancel orders, etc. causing deviations from plan. In some cases, these events may be dealt
with locally, i.e. they lie within the scope of a supply chain function. In other cases, the
problem can not be "locally contained" and modifications across many functions are required.
Consequently, the supply chain management system must coordinate the revision of
plans/schedules across supply chain functions. The agility with which the supply chain is
managed at the tactical and operational levels in order to enable timely dissemination of
information, accurate coordination of decisions and management of actions among people
and systems, is what will ultimately determine the efficient, coordinated achievement of
enterprise goals.
Objectives

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Integrated supply chain management The supply chain of a manufacturing enterprise is a world-wide network of suppliers, factories, warehouses, distribution centres and retailers through which raw materials are acquired, transformed and delivered to customers. In order to optimize performance, supply chain functions must operate in a coordinated manner. But the dynamics of the enterprise and the market make this difficult: bank rates change overnignt, political situations change, materials do not arrive on time, production facilities fail, workers are ill, customers change or cancel orders, etc. causing deviations from plan. In some cases, these events may be dealt with locally, i.e. they lie within the scope of a supply chain function. In other cases, the problem can not be "locally contained" and modifications across many functions are required. Consequently, the supply chain manag ...
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