Term
| 5 supply chain management components |
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Definition
| plan, source, make, deliver, return |
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Term
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Definition
| scm step: strategic portion of scm. Develop metrics. |
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Term
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Definition
| scm step: choose suppliers, develop collaborative processes. |
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Term
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Definition
| scm step: manufacture stage. most metrics of supply chain. |
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Term
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Definition
| scm step: aka logistics. controls flow from suppliers to customers. |
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Term
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Definition
| scm step: problematic. create network for receiving unwanted products. |
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Term
| 7 principles of supply chain management |
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Definition
1. segment customers, tailor to each group
2. customize logistics to customer segments
3. plan according to market demand
4. differentiate products closer to the customer
5. manage supply sources
6. develop IT strategy that provides visibility of chain
7. measures |
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Term
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Definition
causes: misinformation of demand change (travels up supply chain causing problems)
solutions: IT, visibility. |
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