Supply chain and processes - Understand supply chains
5 important questions on Supply chain and processes - Understand supply chains
A supply chain can be defined as:
- A sequence of business and information processes
- That link supplier of products or services to operations
- Which then link those operations through distribution channels to end-users
A supply chain is
Explain the upstream and downstream scenario and describe inbound and outboud
outbound = to customers
inbound = comes from suppliers
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Where do materials and infromation flow to?
Information flows both ways
Supply side = upstram
Demand side = downstram
Supply chain management is:
- The planning, designing, organization, and control of the flow of information and materials
- In order to meet customer requirements in an efficient manner
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