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In its most basic format
Component/Raw material suppliers
Manufacturers
Wholesalers/Distributors
Retailers
Customers
the cycle the goes back
Wiki User
∙ 14y ago
Wiki User
∙ 11y ago1.Component/Raw material suppliers (focal firm)
2.Manufacturers
3.Wholesalers/Distributors
4.Retailers
and finally Customers
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How is RFID related to the supply chain?
RFID (radio frequency identification microchip) is related to the supply chain because it allows companies to track any box or pallet at each stage of its supply chain. Companies can find out what the product is, where it is from (manufacturer), etc. It improves the efficiency of a supply chain because a whole pallet can be scanned instead of each individual item (bar code).
What is a horizontal integration?
Horizontal integration is the merging or takeover of a company that is in the same market and at the same stage of the supply chain.
What is the relationship between supply chain management and procurement?
supply cahin starts from the requisitining stage procurement and distribution to the end user, while procurement is the aquisition of goods and services
What is Green supply chain?
Green Supply Chain Supply chain management with an emphasis on energy efficiency and environmental friendliness.
Is logistic a part of supply chain management or supply chain is the part of logistic?
logistics is a part of supply Chain Management
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 is the supply chain management industry Do you need a degree to work in supply chain management?
Supply chain management (SCM) refers to the coordination and management of activities involved in the production and delivery of goods and services, from the raw materials stage to the end consumer. It involves managing relationships with suppliers, manufacturers, distributors, and customers to ensure efficient and effective delivery of products
How does one optimize supply chain visibility?
One can optimize supply chain visibility by using a Sterling Supply Chain Visibility from IBM. This type of supply chain will help to optimize it quite nicely.
What is the Difference between value chain and supply chain?
A supply chain consists of series of activities in which a product or a material is simply transferred from a starting point to an end point, whereas in the value chain, instead of just transfering we add certain values to it. Eg: Suppose a supply chain is as follows: farmers- wholesaler-retailer-consumer. If the apples just passes through the same channels with out any grading or sorting, then it's a supply chain. However, if at any stage we add some values to the apples such as grading, sorting, packaging or cold storage, then this is called a value chain.
What is structured supply chain?
SUPPLY
When was NHS Supply Chain created?
NHS Supply Chain was created in 2006.
How have recent advances made supply chain information technology systems more effective?
the recent advancements made in the IT systems help the companies to get the visibility in the supply chain and to communicate with supply chain partners instantly in oredr to keep their supply chain very competitive. the recent advancements made in the IT systems help the companies to get the visibility in the supply chain and to communicate with supply chain partners instantly in oredr to keep their supply chain very competitive.
