Learning Objectives
You should be able to: Describe a supply chain and define supply
chain management. Describe the objectives and elements of supply chain management. Describe local, regional, and global supply chain management activities among services and manufacturing companies. Describe a brief history and some of the trends of supply chain management. Understand how the bullwhip effect impacts supply chain members.
2009 South-Western, a division of Cengage Learning
Chapter Outline
Introduction Supply Chain Management Defined The Importance of Supply Chain Management The Origins of Supply Chain Management in the U.S. The Foundations of Supply Chain Management Some Current Trends in Supply Chain Management
2009 South-Western, a division of Cengage Learning
Connected by transportation and storage activities, and Integrated through information, planning, and integration activities Many large firms are moving away from inhouse Vertically Integrated structures to Supply Chain Management
2009 South-Western, a division of Cengage Learning
10
1960s-1970s
Introduction of new computer technology lead to development of Materials Requirements Planning (MRP) and Manufacturing Resource Planning (MRPII) to coordinate inventory management and improve internal communication
2009 South-Western, a division of Cengage Learning
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Distribution
Transportation management, customer relationship management, distribution network, perfect order fulfillment, global supply chains, service response logistics
Process integration, performance measurement
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Integration
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