Supply chain management is the process of coordinating product/service flows, knowledge flows, and partnerships in order to maximize value for all stakeholders
2. Supply chain management is the process of coordinating
product/service flows, knowledge flows, and partnerships in order
to maximize value for all stakeholders. It is a field that is covered in
a variety of courses across the world, including Industrial
Engineering, Systems Integration, Logistics, Engineering Design,
and others. External considerations and internal organizational
excellence drive supply chain success, which is mirrored in the
resource integration of a group of supply chain partners.
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3. Students enrolled in this course will be offered a variety of supply
chain management assignments as they are necessary for
assessing and ranking their academic results and it can take
several forms. Essay writing, case study, article writing, thesis,
research papers, dissertation, and so on are examples of these
types of assignments. The most popular format is in the form of a
question and answer because it enables students to have precise
responses, as a course assignment would not allow ambiguity. As a
result, the writer must have a thorough understanding of the
matter.
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4. Supply Chain Management Process flow
✘ The three main flows in supply chain management are as
follows:
✘ Information Flow - The information flow is responsible for the
transfer of instructions as well as the tracking of the delivery
status.
✘ Product Flow - refers to the movement of products from a
source to a consumer, as well as any service requirements or
customer returns.
✘ Finance Flow - The cash flow is concerned with the payment
plan as well as the title of possession and consignment
agreements.
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5. Topics
Supply chain management is a multi-functional method that
involves the control and distribution of raw materials through a
company. It also includes basic steps in the conversion of raw
materials into finished products, as well as the process of moving
finished goods from the enterprise to the final customer. As they
continue to focus on core competencies to achieve greater
leverage, organizations want to reduce their possession of raw
material sources and delivery networks. As a result, supply chain
operations are gradually being outsourced to other companies
that can complete these tasks more cost-effectively and with a
shorter amount of time.
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6. Listed below are a few Supply Change Management topics:
✘ Warehouse Measurement
✘ Total Quality Management (TQM)
✘ Materials requirement and planning (MRP)
✘ Service logistics
✘ Synchronous Supply chain
✘ Product development and commercialization
✘ Returns management
Source: https://thestudenthelpline2.medium.com/supply-chain-
management-assignment-85c8b33efddd
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