Supply Chain Management

Jul 25th, 2016
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According to Ganeshan & Harrison--"A supply chain is a network of facilities and distribution options that perform the function of procurement of material transformation of these materials into intermediate and finished products, and the distribution of these finished products to customers...

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Supply ChainManagementDefinitionsAccording to Ganeshan & Harrison-A supply chain is a network of facilities and distributionoptions that perform the function of procurement ofmaterial transformation of these materials intointermediate and finished products, and the distributionof these finished products to customers. According to Professor Douglas M Lambert- Supply Chain Management as the integration ofbusiness process from the end user through originalsupplier who provide products, services and informationthat adds value for the customers. Features of Supply ChainManagement Integrated behavior Mutually sharing information Mutually sharing channel risk and rewards Co-operation Focus on serving customer Partner to build and maintain long term relatiTypes of Supply chain Raw supply chain Ripe supply chain Internal supply chain Extended supply chain self monitored supply chain Outsourced supply chain Production oriented supplychain Market oriented supply chainE-supply chain planning Proper planning and managingthe supply chain by using aninformation systems inbusiness. Supply chain planning andexecution are components ofsupply chain management. SCP products may includesupply chain modeling, anddesign, distribution and supplynetwork planning.Major components of esupply chain Advanced schedulingand manufacturingplanning Demand forecasting Transportation

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