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What else can I help you with?
Describe the various stages in the supply chain and the different flows involved in availing this product?
Supply Chain is the management of flows. There are Five major flows in any supply chain : product flow, financial flow, information flow, value flow & risk flow. The product flow includes the movement of goods from a supplier to a customer, as well as any customer returns or service needs.
Necessity and objectives of SCM?
Objective of a Supply Chain • Maximize overall value created • Supply chain value: difference between what the final product is worth to the customer and the effort the supply chain expends in filling the customer's request • Value is correlated to supply chain profitability (difference between revenue generated from the customer and the overall cost across the supply chain) • Sources of supply chain revenue: the customer • Sources of supply chain cost: flows of information, products, or funds between stages of the supply chain • Supply chain management is the management of flows between and among supply chain stages to maximize total supply chain profitability
What topics does a graduate level supply chain management class cover?
A supply chain management class looks at the whole network that creates a product, from conception to consumer purchase. This class will enable you to understand the relationships between all stages of a product at a deeper level.
Diffenrences between supply management and supply chain management?
Supply management are the methods of modern corporate or institutional buying. Supply chain management is the management of the flow of goods, including raw materials, inventory and finished goods.
Does operations and supply management involve portfolio management?
If I had to guess I think operations and supply management would NOT involve Portfolio Management
Is logistic a part of supply chain management or supply chain is the part of logistic?
logistics is a part of supply Chain Management
Is the title features of supply chain management same as best of supply chain management?
The title "Features of Supply Chain Management" does not mean the same thing as "Best of Supply Chain Management." The first one just notes the features of the style of management; the second donotes that it will focus on the best practices of the style of management.
When was Supply Chain Management Review created?
Supply Chain Management Review was created in 1997.
Which of the following bullets is not true about the origins of purchasing and supply management?
For supply management to have a strategic focus, supply professionals must have an understanding.
Logistics management supply chain management and materials management?
I think this link will help you with the supply chain management.http://www.management-vs-leadership.com/index.php/management/supply-chain-management/35-supply-chain-management-and-hint-on-manager-salaries
Does supply chain management have benefits?
Supply chain management is strategic and tactical for manufactures. The manufacturer can save time and money using supply chain management with features that moniter and validate.
How purchasing relate with supply management?
Purchasing is a subset of supply management that involves the transactional aspect of acquiring goods and services. Supply management, on the other hand, encompasses a broader perspective that includes sourcing, supplier relationship management, inventory control, and overall strategic management of the supply chain. Effective supply management ensures that purchasing activities align with broader organizational goals and objectives.
