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SUPPLY CHAIN MANAGEMENT AT FUTURE GROUP INDUSTRY

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Supply Chain Management A presentation by A.V. Vedpuriswar SUPPLY CHAIN MANAGEMENT • Value Chain • Supply side- raw materials, inbound logistics and production processes • Demand side- outbound logistics, marketing and sales. WHAT IS SUPPLY CHAIN MANAGEMENT " Is the strategic management of activities involved in the acquisition and conversion of materials to finished products delivered to the customer" Supplier Management Schedule / Resources Material Flow Information Flow Conversion Customer Management Stock Deployment Leads to Business Process Integration Delivery • Supply chain is the system by which organizations source, make and deliver their products or services according to market demand. • Supply chain management operations and decisions are ultimately triggered by demand signals at the ultimate consumer level. • Supply chain as defined by experienced practitioners extends from suppliers’ suppliers to customers’ customers. • SUPPLY CHAIN INCLUDES : – MATERIAL FLOWS – INFORMATION FLOWS – FINANCIAL FLOWS • SUPPLY CHAIN MANAGEMENT FACILITATED BY : – PROCESSES – STRUCTURE – TECHNOLOGY IS • Supply chain serves two functions: – Physical – Market mediation • Supply chain objectives may differ from situation to situation. • For functional products, cost efficiency is the critical factor. • For innovative products, responsiveness is the important factor. • Leanness + Agility together make up Leagility ...
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