Supply Chain Management ( Scm ) - 1151 Words

1. Introduction 1.1 What is Supply Chain Management (SCM) When we look around in a study room, we know everything is produced by different manufactories, but we do not know how the table or chair is produced from the row materials, and what the most efficient way through the manufacture process is. All these activities involved a term Supply Chain Management (SCM). The figure 1 shows the entities involves in Supply Chain, namely the row materials, supplier, manufacturing, distribution, customer, and end-users. Figure 1. The entities in Supply Chain In the APICS dictionary, supply chain is defined as two meanings. (1) The process from the initial row materials to the ultimate consumption of the finished product linking across supplier-user companies. (2) The functions within and outside a company that enable the value chain to make products and provide services to the customer. As we can see in the Figure 2, the supply chain is the integrated network of all kinds of facilities and distribution options involves in transferring row materials to the intermediate and final products consumed by end customers. Different kinds of row material are provided by several suppliers to the manufactory. The manufactory is generally comprised with six part, namely Logistics, Purchasing, Production, R D, Finance, and Marketing Sales. The final product are sold to the end-customers directly or via the vendors. Moreover, there are two flows from top to button, production flow and financeShow MoreRelatedSupply Chain Management ( Scm )1992 Words   |  8 Pages1. Introduction Supply chain management (SCM) is a massive topic of interest and has been trending ever since the advent of globalisation. 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The answer lies withinRead MoreSuppliers And Supply Chain Management1580 Words   |  7 PagesASSIGNMENT #1:Suppliers and Supply chain management Submitted by Vishnu Gandhamaneni Student Id: 30129773 LECTURER TUTOR: Mr. Gopi Krishna Akella â€Æ' Table of content 1.Abstract 3 2.Introduction 3 3.Basic principles of SCM 4 4.Advantages of SCM 4 5.Problems on SCM 5 6.Solutions of SCM 5 7.Case study description 6 8.Conclusion 8 9.References 9â€Æ' A Complete Study of Suppliers and Supply Chain Management in E-Commerce Vishnu Gandhamaneni