Operations Management: Supply Chain Management

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PurchasingReceivingStorageOperationsStorageProductionDistribution

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SUPPLY CHAIN MANAGEMENTSCMistheblueprintandadministrationofseamless,value-addedprogressionacrossorganizationalboundariestocongregatetheactualnecessitatesoftheendconsumer.Supervisingsupplyandstipulation,sourcingunrefinedmaterialsandingredients,manufacturingandassemblage,warehousingandinventorytracking,orderentryandorderadministration,distributionacrosseachchannels,anddeliverytotheconsumer.Figure 1.1A Generic Supply ChainEnd product manufacturerWholesalers,distributorsIntermediatecomponentmfgs.Raw materialsuppliersRetailersEndcustomersProduct & service flowInformation and planning

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NEED OF SUPPLY CHAIN MANAGEMENT1.Enhanceoperations2.Augmentingechelonsofoutsourcing3.Amplifyingtransportationoverheads4.Competitivedemands5.Ever-increasingglobalization6.Increasingsignificanceofe-commerce7.Intricacyofsupplychains8.Administerinventories

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