Basics of supply chain management
Supply Chain Management (SCM) Definition
A. Supply Chain Fundamentals: The concept of a global network used to deliver products and services from raw materials to end consumers through a structured flow of information, physical distribution, and cash. It includes managing conflicts that occur within the supply chain.
[DOC File]This case study assignment should cover three major sections:
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This course will walk participants through the basics of supply management and procurement operations and the role of procurement within an organization’s overall supply chain system. You will discover the key elements of sourcing and procurement, including strategic sourcing, supplier management, negotiations, contract development, and supplier identification and evaluation, as well as the ...
[DOC File]Association for Supply Chain Management
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Automating a supply chain requires careful planning, and must start with an excellent understanding of relationships with partners and customers. When evaluating SCM initiatives, it will pay to keep the following basics in mind. Visibility. All the players in the supply chain should be able to react to the order. The moment a retailer receives an order, the retailer’s supplier also sees it ...
[DOC File]The Basic Links of SCM
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A Supply Chain is a Channel through which a demand for a product is satisfied by means of supply of products through various entities present. The Entities in a Supply Chain are Suppliers, Manufacturer, Middlemen(Wholesaler and Retailer) and finally the Customer.
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