Supply Chain Management (SCM)

Extract

[...] We can enumerate several definitions to the term Supply Chain: Supply chain, chain . We can consider the supply chain as a set of physical flows and information registered in a full production cycle. This concept generates multiple implications, because a production line is very extensive; vendors and suppliers almost always the other side of the act of recycling can be seen as the purpose of the act of consumption. Birth and development of Supply Chain Management Birth of Supply Chain Management The supply chain management was invented in 1982 by Councilor Keith Oliver of the consulting firm Booz Allen Hamilton. [...]

[...] The integrated management of logistic processes, French translation of the SCM, seeks to meet this challenge: by synchronizing the flow of intelligence (Mesnard and Dupont, 1999), the SCM wants to create value for the customer through (internal and external) a supply chain. IV) What can Supply Chain Management bring to the company? The supply chain management enables the company: - eliminate waste and speed up links between flows throughout the supply chain. - manage the variability of customer demand, in order to respond to shorter time than the normal time of supply. Bibliography - Wikipedia - The Supply Chain Management by Martin Christopher - Logistics processes and methods of J. Laurentia - Industrial management and logistics G. [...]

[...] The Supply Chain Management (SCM) Currently, the phenomenon of globalization, accelerated by the development of new information technologies, modifies and makes the relationships that companies share with third parties (customers, suppliers, partners . ) more complex. The companies have to constantly work towards improving their performances, rethinking their strategies and taking care of supply management. This explains the increase in installation of logistics solutions like the ERP, dedicated software packages, intranets and extranets. The Supply Chain Management is the twenty-first century technique. The first part, will concentrate on the birth and development of Supply Chain Management. Then the second part will focus on what is the Supply Chain Management? [...]

[...] II) What is Supply Chain Management? The Supply Chain Management can be called as managing the supply chain. The Supply Chain Management is to improve the workflow ranging from "supplier's supplier" to "customer's customer." There are three types of transactions between these partners in the supply chain: - The flow of goods ranging from upstream to downstream - Financial flows that are electronic and often moved in opposite directions - Information flows that go both ways Manage the supply chain's uninterrupted flow as much as possible by optimizing the costs that are primarily of possession of stocks, routings, and ruptures. [...]