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    Supply Chain Management (SCM) : Module-4 Part-3

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    Sneha Giji Saji
    Supply chain management (SCM) helps companies get the right products to the right places at the right times in the proper quantities at an acceptable cost. The goals of SCM are to efficiently forecast demand, control inventory, enhance relationships, and receive feedback on the supply chain status. SCM involves the interrelationships with suppliers, customers, distributors and other businesses needed to design, build and sell a product, with each process adding value.

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    Supply Chain Management (SCM) : Module-4 Part-3

    Uploaded by

    Sneha Giji Saji
    67 views11 pages
    Supply chain management (SCM) helps companies get the right products to the right places at the right times in the proper quantities at an acceptable cost. The goals of SCM are to efficiently forecast demand, control inventory, enhance relationships, and receive feedback on the supply chain status. SCM involves the interrelationships with suppliers, customers, distributors and other businesses needed to design, build and sell a product, with each process adding value.

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    Module-4.3.SCM

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    Supply chain management (SCM) helps companies get the right products to the right places at the right times in the proper quantities at an acceptable cost. The goals of SCM are to efficiently forecast demand, control inventory, enhance relationships, and receive feedback on the supply chain status. SCM involves the interrelationships with suppliers, customers, distributors and other businesses needed to design, build and sell a product, with each process adding value.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    67 views11 pages

    Supply Chain Management (SCM) : Module-4 Part-3

    Uploaded by

    Sneha Giji Saji
    Supply chain management (SCM) helps companies get the right products to the right places at the right times in the proper quantities at an acceptable cost. The goals of SCM are to efficiently forecast demand, control inventory, enhance relationships, and receive feedback on the supply chain status. SCM involves the interrelationships with suppliers, customers, distributors and other businesses needed to design, build and sell a product, with each process adding value.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 11

    1

    Supply Chain
    Management (SCM)
    MODULE-4 PART-3
    2
    Supply Chain Management (SCM)

     Fundamentally, supply chain management


    helps a company
     Get the right products
     To the right place
     At the right time
     In the proper quantity
     At an acceptable cost
    3
    Goals of SCM

     The goal of SCM is to efficiently


     Forecast demand
     Control inventory
     Enhance relationships with customers, suppliers, distributors, and others
     Receive feedback on the status of every link in the supply chain
    4
    What is a Supply Chain?

     The interrelationships
     With suppliers, customers, distributors, and
    other businesses
     Needed to design, build, and sell a product
     Each supply chain process should add value to the products or services a
    company produces
     Frequently called a value chain
    5
    Supply Chain Life Cycle
    6
    Roles and Activities of SCM in
    Business
    Planning & Execution Functions of 7
    SCM

     Planning
     Supply chain design
     Collaborative demand and supply planning
     Execution
     Materials management
     Collaborative manufacturing
     Collaborative fulfillment
     Supply chain event management
     Supply chain performance management
    8
    Benefits and Challenges of SCM

     Key Benefits
     Faster, more accurate order processing
     Reductions in inventory levels
     Quicker times to market
     Lower transaction and materials costs
     Strategic relationships with supplier
    9
    Goals and Objectives of SCM
    10
    Benefits and Challenges of SCM

     Key Challenges
     Lack of demand planning knowledge, tools,
    and guidelines
     Inaccurate data provided by other information systems
     Lack of collaboration among marketing, production, and inventory
    management
     SCM tools are immature, incomplete, and
    hard to implement
    11
    Trends in SCM

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