organization‚ and every company at least one supply chain relationship with another organization. Research has led to the conclusion that "the structure of activities within and between companies is a critical cornerstone of creating unique and superior supply chain performance" (Lambert‚ 2005). Successful supply chain management requires integrating business processes with key members of the supply chain‚ because valuable resources are wasted when supply chains are not effectively managed. Standard business
Premium Management Strategic management Organization
SUPPLY CHAIN MANAGEMENT Introduction According to Thomas Friedman in The World is Flat‚ supply chain management has become a source of competitive advantage and profit in a flat world. He has quoted Wal-Mart’s ability of moving 2.3 billion general merchandise cartons a year down its supply chain into its stores as an example of creating value. Global supply chains that draw parts and producers from every corner of the world‚ from the best producers at the lowest price‚ are the way how to beat
Premium Supply chain Supply chain management Marketing
------------------------------------------------- Supply chain management Supply chain management (SCM) is the management of a network of interconnected businesses involved in the ultimate provision of product and service packages required by end customers (Harland‚ 1996).[1] 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 (supply chain). Another definition is provided by the APICS Dictionary
Premium Supply chain management Supply chain
Introduction E-LOGISTICS AND SUPPLY CHAIN MANAGEMENT 2007 Abstract With the development of e-logistic practices in the global IT industry‚ There is a strong curiosity of how e-logistic activities are actually Performed in well-established companies. Within this I am Elaborating some standards of e-logistics best practice and then compare them with the application of e-logistic strategy in Dell Inc ‚ a well known computer manufacturer and provider of computing solutions . The literature
Premium Supply chain management Logistics
INTRODUCTION OF SUPPLY CHAIN MANAGEMENT Fierce competition in today’s global markets‚ the introduction of products with shorter life cycles‚ and the heightened expectations of customers have forced business enterprises to invest in‚ and focus attention on‚ their supply chains. This‚ together with continuing advances in communications and transportation technologies (e.g.‚ mobile communication‚ Internet‚ and overnight delivery)‚ has motivated the continuous evolution of the supply chain and of the
Premium Supply chain Supply chain management Customer relationship management
SCM Books Logistics & supply chain management / Martin Christopher. Christopher‚ Martin. Harlow‚ England ; New York : Financial Times Prentice Hall‚ 2011. 4th ed. Operations and supply chain management / F. Robert Jacobs‚ Richard B. Chase ; contributor‚ Rhonda R. Lummus. Jacobs‚ F. Robert. New York : McGraw-Hill Irwin‚ c2011. 13th ed.‚ global ed. Construction purchasing & supply chain management / W.C. Benton‚ Jr.‚ Linda F. McHenry. Benton‚ W. C.‚ 1948- New York : McGraw-Hill‚ c2010
Premium Management Supply chain management New Jersey
individual functions to integrating activities into key supply chain processes. An example scenario: the purchasing department places orders as requirements become known. The marketing department‚ responding to customer demand‚ communicates with several distributors and retailers as it attempts to determine ways to satisfy this demand. Information shared between supply chain partners can only be fully leveraged through process integration. Supply chain business process integration involves collaborative
Premium Supply chain management Marketing Customer relationship management
Economics 89 (2004) 353–361 Supply chain management survey of Swedish manufacturing firms Jan Olhager*‚ Erik Selldin Department of Production Economics‚ Linkoping Institute of Technology‚ SE-581 83 Linkoping‚ Sweden . . Received 15 April 2002; accepted 16 January 2003 Abstract Supply chain management practices and principles are evolving and changing rapidly‚ e.g. through modern information and communication technologies. These changes affect the ways supply chains are designed‚ the way they are
Premium Supply chain management
Supply Chain Management 1 What is supply chain management? A Supply Chain is a collection of organizations involved in the supply of products or services. Supply chain management is the management of the interconnection of organizations that relate to each other through upstream and downstream linkages between the processes that produce value to the ultimate consumer in the form of products and services. It is a holistic approach to managing across company boundaries. 2 Supply chain planning and
Premium Supply chain management Supply chain
Supply Chain Management (SCM The average company spends nearly half of every dollar it earns on production needs—goods and services it needs from external suppliers to keep producing. A supply chain consists of all parties involved‚ directly or indirectly‚ in the procurement of a product or raw material. Supply chain management (SCM) involves the management of information flows between and among stages in a supply chain to maximize total supply chain effectiveness and profitability. In the past
Premium Supply chain management