GLOBAL SUPPLY CHAIN MANAGEMENT NOTES MSC PROCUREMENT AND LOGISTICS Q DOCX

Title	GLOBAL SUPPLY CHAIN MANAGEMENT NOTES MSC PROCUREMENT AND LOGISTICS Q
Author	isaac Rumba
Pages	84
File Size	169.2 KB
File Type	DOCX
Total Downloads	58
Total Views	346

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GLOBAL SUPPLY CHAIN MANAGEMENT CHAPTER ONE: CONCEPT OF SUPPLY CHAIN MANAGEMENT HEPL3201: GLOBAL SUPPLY CHAIN MANAGEMENT CONCEPT OF SUPPLY CHAIN MANAGEMENT Supply chain management is a set of interconnected linkages between suppliers of materials and services that span the transformation of raw materials into products and services and deliver them to a firm and customers. A supply chain consists of all parties involved directly and indirectly in fulfilling a customer's request. The supply includes not only the manufacturers and suppliers but also transporters, warehouses, retailers and also customers themselves. ………..Each organization such as manufacturers, the supply chain includes all function involved in receiving and fulfilling a customer request The functions including but are not limited to new product development, marketing, operations, distribution, finance and customer service. Consider a customer walking up a wal-mart store to purchase detergent. The supply chain begins with the customer and his or her need for detergent. The next stage of this supply chain is the wal –mart retail store that the customer visits. wal- mart stocks its shelves using inventory that may have been supplied from a unfinished goods warehouse or a distributor using tracks supplied by a distributor. The distributor in turn is stocked by the manufacturer....

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