FirstClass-208

FirstClass-208 - SUPPLY CHAIN MANAGEMENT DR. ROBERT C. LIEB...

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SUPPLY CHAIN MANAGEMENT DR. ROBERT C. LIEB NORTHEASTERN UNIVERSITY BOSTON, MA JANUARY, 2010
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OUTLINE OF TODAY’S DISCUSSION Course introduction Logistics and Supply Chain Management (SCM) definitions Difference in those definitions What functions are typically included in SCM? What are the dynamics that are currently driving change in SCM thought and practice? Using SCM functions to create competitive differentiation What are the potential “roadblocks” to realization of SCM potential within a company?
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LOGISTICS Logistics is the process of planning, implementing, and controlling the efficient, cost- effective flow and storage of raw materials, in- process inventory, finished goods and related information from the point of origin to the point of consumption for the purpose of conforming to customer needs.
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THE SUPPLY CHAIN The supply chain encompasses all of those activities associated with moving goods from the raw material stage through to the end user. It includes sourcing and procurement, production scheduling, order processing, inventory management, transportation, warehousing, and customer service. It also encompasses the information systems required to monitor all of these
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DIFFERENCES IN THE DEFINITIONS OF LOGISTICS AND SUPPLY CHAIN MANAGEMENT On the surface, the definitions are rather similar, but a number of differences are implied. There is a greater outward focus beyond the
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This note was uploaded on 02/25/2012 for the course MGSC 1201 taught by Professor M during the Spring '12 term at Northeastern.

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FirstClass-208 - SUPPLY CHAIN MANAGEMENT DR. ROBERT C. LIEB...

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