MGT 300 CHAPTER 10 : EXTENDING THE ORGANIZATION SUPPLY CHAIN MANAGEMENT

LEARNING OUTCOMES : List and describe the components of a typical supply chain Define the relationship between decision making and supply chains management Describe the four changes resulting from advance in IT that are driving supply chains Summarize the best practices for implementing a successful supply chain management system BASICS OF SUPPLY CHAIN -Supply chain has three main links : *Materials flow from suppliers and their upstream suppliers at all levels *Transformation of materials into semi finished and finished products through the organization's own production process. *Distribution of products to customers and their downstream customers at all levels -Organizations must embrace technologies that can effectively manage supply chains INFORMATION TECHNOLOGY'S ROLE IN THE SUPPLY CHAIN VISIBILITY -Supply chain visibility is the ability to view all areas up and down the supply chain. Changing supply chains requires a comprehen...