Logistic and Supply Chain Basics
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Supply chain management
From Wikipedia, the free encyclopedia | This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (August 2009) |
| This article appears to contain a large number of buzzwords. Specific concerns can be found on the talk page. Please help improve this article if you can. (July 2011) |
Supply chain management managing complex and dynamic supply and demand networks.[1] (cf. Wieland/Wallenburg, 2011)
Supply chain management (SCM) is the management of a network of interconnected businesses involved in the provision of product and service packages required by the end customers in a supply chain.[2] Supply chain management spans all movement and storage of raw materials, work-in-process inventory, and finished goods from point of origin to point of consumption.
Another definition is provided by the APICS Dictionary when it defines SCM as the "design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand and measuring performance globally." Contents [hide] * 1 Origin of the term and definitions * 2 Problems addressed * 3 Activities/functions * 3.1 Strategic level * 3.2 Tactical level * 3.3 Operational level * 4 Importance * 5 Historical developments * 5.1 Creation era * 5.2 Integration era * 5.3 Globalization era * 5.4 Specialization era (phase I): outsourced manufacturing and distribution * 5.5 Specialization era (phase II): supply chain management as a service * 5.6 Supply chain management 2.0 (SCM 2.0) * 6 Business process integration * 7 Theories * 8 Supply chain centroids * 9 Tax efficient supply chain management * 10 Supply chain
Supply chain management
From Wikipedia, the free encyclopedia | This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (August 2009) |
| This article appears to contain a large number of buzzwords. Specific concerns can be found on the talk page. Please help improve this article if you can. (July 2011) |
Supply chain management managing complex and dynamic supply and demand networks.[1] (cf. Wieland/Wallenburg, 2011)
Supply chain management (SCM) is the management of a network of interconnected businesses involved in the provision of product and service packages required by the end customers in a supply chain.[2] Supply chain management spans all movement and storage of raw materials, work-in-process inventory, and finished goods from point of origin to point of consumption.
Another definition is provided by the APICS Dictionary when it defines SCM as the "design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand and measuring performance globally." Contents [hide] * 1 Origin of the term and definitions * 2 Problems addressed * 3 Activities/functions * 3.1 Strategic level * 3.2 Tactical level * 3.3 Operational level * 4 Importance * 5 Historical developments * 5.1 Creation era * 5.2 Integration era * 5.3 Globalization era * 5.4 Specialization era (phase I): outsourced manufacturing and distribution * 5.5 Specialization era (phase II): supply chain management as a service * 5.6 Supply chain management 2.0 (SCM 2.0) * 6 Business process integration * 7 Theories * 8 Supply chain centroids * 9 Tax efficient supply chain management * 10 Supply chain
References: [edit]Historical developments Six major movements can be observed in the evolution of supply chain management studies: Creation, Integration, and Globalization (Movahedi et al., 2009), Specialization Phases One and Two, and SCM 2.0.