Sc understanding supply chain supply chain management. Introductions names, prior work experience including summer, what do students hope to get from class. The master degree in operations and supply chain management is designed to provide students with a fundamental understanding of company supply chain management from a global. Supply chain management in supply chain education context is then the planning, implementing and controlling the networks. Supply chain management deals with the management of materials. It has been reported that supply chain collaboration has proved difficult to. How to download purchasing and supply chain management pdf.
Fundamentals of supply chain management 8 introduction 1 introduction 1. The purpose of this paper is to present an integrated. A supply chain is a network between a company and its suppliers to produce and distribute a specific product, and the supply chain represents the steps it takes to get the product. Marketing and distributing the product to the consumer wraps up the process. In the wider view of supply chain thinking,these additional activities are now seen as part of the work needed to fulfill customer requests. This guide signals a change in attitude to management of the supply chain in the public sector and its messages are also targeted at suppliers to the public sector key messages strike a balance effective.
This book is based upon my 15 years of teaching experience gained through working in. One approach to dealing with disruptions is the development of supply chain systems that are resilient. Fundamentals of supply chain management kenyatta university. Purchasing and supply chain management, 6e equips future managers with a radical understanding of the impact that purchasing and present chain administration have on the aggressive success and profitability of proper nows organizations. It brings a systems approach to understanding and managing the different activities needed to coordinate the. Practitioners and educators need a common definition of supply chain management, and a shared understanding of the processes. Supply chain management in public sector procurement. Understanding the concept, and where to invest in resilience, can lead to supply. Supply chain management views the supply chain and the organizations in it as a single entity.
Supply chain management 4 supply chain management is a process used by companies to ensure that their supply chain is efficient and costeffective. Download purchasing and supply chain management pdf ebook. Scm is a complex topic to understand because it encompasses the management of many activities, and involves multiple roleplayers across divisional functions and organisations. Examining the industry beginning at the farm where the crops are produced and ending at the final consumer, this paper explains how the structure of this industrys. Use these tips and resources to learn more about supply chains and logistics, and why theyre so important to every business. Understanding supply chain resilience supply chain. Supply chain management involves five main functions. Demand management is the supply chain management process that balances the customers requirements with the capabilities of the supply chain. Understanding supply chain resilience supply chain 247. The management of the supply chain and the roles of various actors involved differ from industry to industry and company to company. Understanding and managing supply chain risk a boardlevel challenge will harman and steven barr 24 april 20.
As a result supply chain management scm has become a vital issue for manufacturers, professionals and researchers. A supply chain management system is essential for accessing realtime operational information across multiple departments and businesses. Understanding the meaning of collaboration in the supply chain. Enterprises entering new markets often need to form new. Mention some prototypical supply chains we will use repeatedly in class walmart. Supply chain management i about the tutorial supply chain management can be defined as the management of flow of products and services, which begins from the origin of products and ends with. Essentially, supply chain management includes every decision made about the products or services a company delivers to their customers. Understanding and managing the services supply chain. Resilience is at the heart of current supply chain management thinking, and understanding the concept, and where to invest in resilience, can lead to supply chains that quickly respond to and recover from.
Supply chain management scm is the oversight of materials, information, and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer. Introduction to supply chains what is supply chain management. Erp in supply chain management understanding the role. Understanding supply chain resilience resilience is at the heart of current supply chain management thinking. With gradually recognized significance of supply chain management, it atracts ex. A framework of understanding article pdf available in south african journal of industrial engineering 253. Risk management in the supply chain has become increasingly important as companies both large and small seek to extend their global reach.
What is supply chain management scm and why is it important. A supply chain is the collection of steps that a company takes to transform raw materials into a final product. Understanding and managing the services supply chain article pdf available in journal of supply chain management 404. Despite its infancy, some authors are already suggesting that the writing may be on the wall for supply chain collaboration. A strategic framework for understanding supply chain management borne from a course on supply chain management taught at northwestern universitys kellogg school of management, supply chain. A practical application of supply chain management principles. Supply chain management is a network of facilities that produce raw materials, transform them into intermediate goods and then final products, and deliver the products to customers through a distributionsystem. Understanding of metrics used for supply chain management 30 for scm it can be mentioned analytic hierarchy process ahp or supply chain operations reference scor model 7.
Pdf understanding and managing the services supply chain. However, this notion of resilience, which is at the heart of so much of our current thinking about supply chain risk and management, is often not welldefined and subject to a great deal of confusion. Licensed under creative commons attributionshare alike 2. What it is, what its not and how it works the supply chain ecosystem is a complex one especially for multinational. Several models have been proposed for understanding the activities required. Supply chain management acknowledges all of traditional logistics and also includes activities such as marketing,new product development,finance,and customer service. Most of my courses on supply chain management were targeted at the master and executive levels, from which i have. Pdf chapter 1 understanding the supply chain multiple. Understanding the concept of supply chain resilience. Understanding risk management in the supply chain using supply chain data analytics to drive performance a business is only as strong as the chain of suppliers it works with.
Why its so difficult to make supply chain risk management work will harman. With the right process in place, management can match supply with demand proactively and execute the plan with minimal disruptions. Understanding the supply chain sc learning objectives. What is supply chain management, and why is it important. Supply chain management managing complex and dynamic supply and. As you read this book your mind will be challenged to try new ideas and even refine some of the concepts described. Supply chain management views the supply chain and the.