What is a Supply Chain Management?
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What is a Supply Chain Management?
Supply chain management is the management of the flow of goods and services and includes all processes that transform raw materials into final products. It involves the active streamlining of a business’s supply-side activities to maximize customer value and gain a competitive advantage in the marketplace.
What are the basic components of Supply Chain Management?
Plan, Source, Make, Deliver and Return
What are the 4 stages of supply chain?
Stage 1: Supply Management. The most basic stage, built around an internal MRP system that is lead-time driven
Stage 2: Supply Chain Management
Stage 3: Supply Chain Integration
Stage 4: Demand-Supply Network Collaboration.
Name: Abigail O. Aquino
Section: HM 401
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