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understanding the Role of supply_chain_management

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B200B Nadia Ayoub
TMA 1 ID#: 5595
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Supply Chain Management
If a company makes a product from parts purchased from suppliers,
and those products are sold to customers, then this is called supply chain.
A supply chain is a structure of organizations, technologies,
information, activities, raw material, and people who work together to move
a product or service from supplies to customers. Its activities involve
transforming the raw material into finished products that can be delivered to
end uses. Therefore supply chain is a network of retailers, distributors,
transporters, warehouses, and suppliers that contribute in the manufacture,
deliverance, and sale of a product to the consumer.
Figure 1 1
Supply Chain Management (SCM) is the management of an entire
network of interconnected businesses that work jointly to design, produce,
deliver, market, and service products. It is the way a company finds the raw
material it needs to make a product or service and deliver it to customers in
the right way. It is the supervision of materials, information, and finances as
they move in a process from supplier to manufacturer to wholesaler to
retailer to consumer.
“Supply Chain Management is the systemic, strategic coordination of the
traditional business functions and the tactics across these business functions
within a particular company and across businesses within the supply chain,

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B200B Nadia Ayoub
TMA 1 ID#: 5595
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for the purposes of improving the long-term performance of the individual
companies and the supply chain as a whole (Mentzer et al., 2001)”. 2
Figure 2 3
Supply chain diagram
black arrow - flow of materials, information and finances
grey arrow - flow of information, finances and backhauls
a - initial supplier
b - supplier
c - manufacturer
d - wholesales
e - customer
Supply Chain Management is not a business function, rather it is a new
business model necessary for an organization's success and everyone in the
organization needs to be involved. By understanding the supply chain
management processes and how they should be implemented, management
will better understand the value of more integrated supply chains and how
this integration will lead to increased shareholder value and a sustainable
competitive advantage. Supply chain is made up of several elements that are
linked by the movement of products along it. The supply chain starts and
ends with the customer.
Customer: The customer starts the chain of events when they decide to
purchase a product that has been offered for sale by a company. The
customer contacts the sales department of the company, which enters the
sales order for a specific quantity to be delivered on a specific date. If the
product has to be manufactured, the sales order will include a requirement
that needs to be fulfilled by the production facility.

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Supply Chain Management If a company makes a product from parts purchased from suppliers, and those products are sold to customers, then this is called supply chain. A supply chain is a structure of organizations, technologies, information, activities, raw material, and people who work together to move a product or service from supplies to customers. Its activities involve transforming the raw material into finished products that can be delivered to end uses. Therefore supply chain is a network of retailers, distributors, transporters, warehouses, and suppliers that contribute in the manufacture, deliverance, and sale of a product to the consumer. Figure 1 1 Supply Chain Management (SCM) is the management of an entire network of interconnected businesses that work jointly to design, produce, deliver, market, and service products. It is the way a company finds the raw material it needs to make a product or service and deliver it to customers in the right way. It is the supervision of materials, information, and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer. “Supply Chain Management is the systemic, strategic coordination of the traditional business functions and the tactics across these business functions within a particular company and across businesses within the supply chain, for the purposes of improving the long-term performance of the individual companies and the supply chain as a whole (Mentzer? ...
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