CHAPTER 10 : EXTENDING THE ORGANIZATION - SUPPLY CHAIN MANAGEMENT

Basics of supply chain

Information technology's role in the supply chain

factors driving scm :-

VISIBILITY
· Supply chain visibility – the ability to view all areas up and down the supply chain
· Bullwhip effect – occurs when distorted product demand information passes from one entity to the next throughout the supply chain

CONSUMER BEHAVIOUR
· Companies can respond faster and more effectively to consumer demands through supply chain enhances
· Demand planning software – generates demand forecasts using statistical tools and forecasting techniques

COMPETITION
· Supply chain planning (SCP) software– uses advanced mathematical algorithms to improve the flow and efficiency of the supply chain
· Supply chain execution (SCE) software – automates the different steps and stages of the supply chain

SPEED

SUPPLY CHAIN MANAGEMENT SUCCESS FACTORS

-there have 7 principles of scm.