8. Supply Chain Management
The design, planning, execution, control, and monitoring of
supply chain activities with the objective of:
• Creating net value
• Building a competitive infrastructure
• Leveraging worldwide logistics
• Synchronizing supply with demand, and
• Measuring performance globally
9. Supply Chain Management
• The management of flow of products and services, which
begins from the origin of products and ends at the product’s
consumption.
• It also comprises movement and storage of raw materials that
are involved in work in progress, inventory and fully furnished
goods.
11. Infrastructural
• The supply chain infrastructure
consists of the assets and systems that
drive the network of suppliers,
manufacturers, and logistics functions.
• It includes the information and
organizational structures that support
the supply chain.
