Lecture # 01 & 02 SCM.pptx - Supply Chain Management What is a Supply Chain \u2022 Supply Chain home(Kitchen \u2022Customer\u2019s preference(Family members

Lecture # 01 & 02 SCM.pptx - Supply Chain Management...

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Supply Chain Management
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What is a Supply Chain? Supply Chain @ home (Kitchen)??? Customer’s preference (Family members) Raw-material (Ingredients’) Purchase /Procurement (Monthly v/s Daily) Supplier (Local markets) Negotiation (Bulk quantity discount)
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What is a Supply Chain? Warehouse (Store room in house) Production (Home’s kitchen) as per demand and number of family members, similar in businesses as per customers’ demand and forecasting Customer’s satisfaction (Family member satisfaction) Can we say your mother is good supply chain manager??
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Foundation of Supply chain Management 1. Supply Management/Purchasing/ Procurement supply base reduction, global sourcing, ethical and sustainable sourcing 2. Operations/Production demand management, inventory management, MRP, ERP, lean systems, Six Sigma quality 3. Logistics/Material Management logistics management, CRM, service response Logistics 4. Integration/ ERP / SAP barriers to integration, performance measurement
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Define Supply Chain??
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What is Supply Chain Management?
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