Chapter 10

Chapter 10 - Chapter 10: Supply Chain Management A company...

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Chapter 10: Supply Chain Management A company can identify its supply chain by first selecting a particular product group or product family. Then it should trace the flow of materials and information from the final customer (end-user) backward through the distribution system to the manufacture, and then to the suppliers and the sources of the raw materials. The entire chain of activities and processes is known as the supply chain for that product group. 10.1 Definition and Terminology Supply chain: The sequence of business processes and information that provides a product or service from suppliers through manufacturing and distribution to the ultimate consumer. Supply chain management: Planning, design, and control of the flow of information and materials along the supply chain in order to meet customer requirements in an efficient manner, now and in the future. Distribution channel: the route from the producer forward through the distributors to the consumer. This is the forward (or downstream) part of the supply chain from the producer out to the customer. It is important to note that supply chain management means paying attention to the flow of materials AND information. Demand management:
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This note was uploaded on 05/11/2008 for the course OMS 3001 taught by Professor Asokedey during the Spring '08 term at Minnesota.

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Chapter 10 - Chapter 10: Supply Chain Management A company...

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