Introduction To Supply Chain Management

May 13th, 2015
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Supply chain :All activities concerned with receiving customer requests and meeting their demands as well as developing new products, operations, marketing, distribution, finance, and customer service (Janvier-James, 2012).A range of different stakeholders including: customers,retailers; distributors/wholesalers; manufacturers; and suppliers

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Introduction To Supply Chain Management 1 Introduction to SupplyChain ManagementByDr Hajar FatorachianOutline of lecture Definition of supply chain management Different approaches towards supply chainmanagement Drivers of supply chain management Importance of supply chain management New trends in supply chain managementSupply chain All activities concerned with receiving customer requests and meeting their demands as well as developing newproducts, operations, marketing, distribution, finance, andcustomer service (Janvier-James, 2012). A range of different stakeholders including: customers,retailers; distributors/wholesalers; manufacturers; andsuppliers (Chopra and Meindl, 2012) Supply chains are dynamic. The integration of the whole supply chain is essential.Supply Chain Management(SCM) A process of collaboration, which integrates businessprocesses in the supply chain (Bowersox et al., 2002). Known as 'supply chain integration or optimisation': the process of optimising a company's internal practices ininteracting with suppliers and customers in order to bringproducts to market more efficiently (Leon-Pena, 2008, p.59). Main components of SCM: planning; sourcing; manufacturing; delivering; and returning (Koh and Maguire, 2004).SCM (2)Supply chain management is the management of theinterconnection of organizations that relate to each othert

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