Supply At the most fundamental level, supply chain management (SCM) is management of the flow of goods, data, and finances related to a product or service, from the procurement of raw materials to the delivery of the product at its final destination managementThe Top-level of this model has five different processes which are also known as components of Supply Chain Management – Plan, Source, Make, Deliver and ReturnINTEGRATION. Integration starts at your strategic planning phase and is critical throughout your communications and information sharing and data analysis and storage. ...
OPERATIONS. ...
PURCHASING. ...
DISTRIBUTIONHere are six types of supply chain models that can drive supply chain management for a business:
Continuous Flow. This is one of the most traditional models on the list. ...
Fast chain. The fast chain model is one of the new names in supply chain strategies. ...
Efficient Chain. ...
Agile. ...
Custom-configured. ...
FlexibleThere are three main flows of supply chain management: the product flow, the information flow, and the finances flow. The Product Flow – The product flow involves the movement of goods from a supplier to a customer. This supply chain management flow also concerns customer returns and service needsSupply chain management is the process of delivering a product from raw material to the consumer. It includes supply planning, product planning, demand planning, sales and operations planning, and supply management.Adapt Supply Chain to Customer's Needs. ...
Customize Logistics Network. ...
Align Demand Planning Across Supply Chain. ...
Differentiate Products Close to Customer. ...
Outsource Strategically. ...
Develop IT that Support Multi-Level Decision Making. ...
Adopt Both Service and Financial MetricsIntegration, operations, purchasing and distribution are the four elements of the supply chain that work together to establish a path to competition that is both cost-effective and competitive. Communicating and collaborating with all parties is a business strategy that eliminates errors and saves money.Buying products or services. Purchasing is a key component of any procurement role. ...
Managing procurement processes. ...
Supplier relations. ...
Understand business goals and objectives. ...
Policy management. ...
Sustainability & Ethics. ...
Manufacturing. ...
Merchandising.Four major steps of manufacturing are: Protect raw materials, components, and finished goods during storage, handling, and transportation by using appropriate packaging. Assemble raw materials and components into a final product. Test and improve the final product. Remove disposable components and waste.The best way to understand the various stages of supply chain management and their influence on one another is to take a look at the three levels of supply chain management: the strategic level, the tactical level, and the operational levelShippers' Top 5 Supply Chain Challenges:
Keeping transportation costs down.
Keeping up with customer/i
2. INTRODUCTION
WHAT IS SUPPLY CHAIN MANAGEMENT?
GOAL OF SUPPLY CHAIN MANAGEMENT
COMPONENTS OF SCM
SUPPLY CHAIN MANAGEMENT FLOWS
ELEMENTS OF THE SUPPLY CHAIN
SUPPLY CHAIN MANAGEMENT LEVELS
WHY SUPPLY CHAIN MANAGEMENT
BENEFITS OF SCM
ADVANTAGES OF A GOOD SUPPLY CHAIN
CONCLUSION
3. Internal Supply Chain A supply chain or logistics network is
the system of organizations, people, technology, activities,
information and resources involved in moving a product or
service from supplier to customer.
4. A supply chain is the group of components (suppliers,
distribution points, transportation providers) necessary to
bring your product from its raw material state to the end user.
5. To reduce organization in efficiencies
The process of coordinating activities among
◦ SUPPLIER
◦ PRODUCTION FACILITIES
◦ DISTRIBUTION CENTRES AND
◦ CUSTOMERS
10. Strategic management is the process of setting
goals,procedures, and objectives in order to make a company
or organization more competitive.
Information Technology infrastructure, to support supply chain
operations.
Where-to-make and what-to-make-or-buy decisions .
Aligning overall organizational strategy with supply strategy .
11. Sourcing contracts and other purchasing decisions.
Inventory decisions, including quantity, location, and
quality of inventory.
Milestone payments.
Focus on customer demand.
The word tactical is typically used in a
business environment to refer to the two
main types of planning,thinking, or actions
that make place.
12. Daily production and distribution planning, including
all nodes in the supply chain.
Production operations, including the consumption of
materials and flow of finished goods.
Operation management is the branch of management
that administers the complete production of timeline
of a service.
13.
14. Reduced distribution costs
Reduced time to market
Improved quality of product/service
Improved inventory management
Increased ability to implement just-in-time delivery
Increase in on-time deliveries
Increased factory responsiveness
Order cycle time reduced
Increased revenue
Increased visibility of processes
15. The stock is stored lower in the supply chain, i.e closer to the
consumer.
Higher discounts can be made available to the intermediary as
volumes are high.
Short Lead Time for retailers.
Retailers can concentrate on smaller operations.
Transportation is cheaper.
16. Supply chain success involves process, people and
technology. It gives definition to the company
purpose.
Having those three elements is important to having
metrics, ones that are useful across the
organization.