SCLFrameworks(1) (2) - SupplyChainandLogistics Frameworks

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1 Supply Chain and Logistics  Frameworks
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2 Supply Chain Management (SCM) Goal: to make products and services available to customers at the time , place , and in the condition desired in the most profitable and cost effective way. Definition: Management of the flow of material, product, information, and money between the initial supplier of raw materials and the ultimate consumers of the finished goods in order to satisfy the above goal. Logistics and inventory management activities enable supply chain management; they are the
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3 Strategic Issues Supply Chain and Logistic strategy should align with corporate strategy. It should deliver value to customers and create or contribute to shareholder value Source: Evans, R. and A. Danks. 1998. “Strategic Supply Chain Management: Creating Shareholder Value By Aligning Supply Chain Strategy with Business Strategy.” In Strategic Supply Chain Alignment: Best Practice in Supply Chain Management, John Gattorna (ed.), England: Gower.
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4 SC and Logistics Frameworks Different frameworks or perspectives: Materials Management (Physical Supply) Vs. Physical Distribution Cost Centers Node-Link Network
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This note was uploaded on 10/16/2011 for the course OM 368 taught by Professor Morrice during the Spring '11 term at University of Texas at Austin.

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SCLFrameworks(1) (2) - SupplyChainandLogistics Frameworks

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