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Supply chain management is a cross-functional approach that includes managing the movement of raw materials into an organization, certain aspects of the internal processing of materials into finished goods, and the movement of finished goods out of the organization and toward the end consumer.
The Supply Chain Operations Reference ( SCOR) model is a process reference model originally developed and endorsed by the Supply Chain Council, now a part of ASCM, as the cross-industry, standard diagnostic tool for supply chain management. [ 1] The SCOR model describes the business activities associated with satisfying a customer's demand ...
Supply-chain management (SCM) has become increasingly relevant in theory and practice in light of more-complex supply chains. The SCM performs extensive operational tasks, including supply-chain controlling. Seuring transfers the three main concepts of German supply chain-controlling literature into the specific demands of SCM:
In commerce, global supply-chain management is defined as the distribution of goods and services throughout a trans-national companies' global network to maximize profit and minimize waste. [ 1] Essentially, global supply chain -management is the same as supply-chain management, but it focuses on companies and organizations that are trans-national.
A supply chain, sometimes expressed as a "supply-chain", [ 1] is a complex logistics system that consists of facilities that convert raw materials into finished products and distribute them [ 2] to end consumers [ 3] or end customers. [ 4] Meanwhile, supply chain management deals with the flow of goods within the supply chain in the most ...
Design for logistics. Design for logistics is a series of concepts in the field of supply chain management involving product and design approaches that help to control logistics costs and increase customer service level. These concepts were introduced by Professor Hau Lee of Stanford University, and have the three key components: Economic ...
The Association for Supply Chain Management ( ASCM) is a not-for-profit international educational organization offering certification programs, training tools, and networking opportunities to increase workplace performance. Formed in 1957, it was originally known as the "American Production and Inventory Control Society" or APICS.
Supply Chain Management Review began in 1997, coinciding with the development of the supply-chain operations reference (SCOR) model. Initially, the magazine was established as a quarterly, then increased its frequency to six issues per year. In 2007, the magazine added a special seventh issue in December, consisting primarily of its annual ...