Fedex supply chain is committed to delivering superior service on your behalf. Publications hamburg international conference of logistics. Success drivers of logistics and supply chain management. The landscape, trends, types, and the application product traceability across your supply network. Judit nagy types of supply chains and tools for management. The inception of the supply chain management concept did not create a new set of functional activities. The course will be an introduction to the way in which a. This invisible part of walmarts business is a logistical and supply chain management and the practices they employ should give supply chain managers pause to take a bit out of their day and inspect what walmart is doing in order to mimic into the supply chain managers own practice. In the spirit of the saying, amateurs talk strategy and professionals talk logistics, lets look at the campaigns of alexander the great. Managing relationships in the supply chain scm supply. Oct 15, 2019 the rate of amazons innovations in supply chain management has been mesmerizing, making it difficult for lowervolume competitors to keep up. Roles of supply chain management in construction proceedings iglc7 3 roles of supply chain management in construction ruben vrijhoef1 and lauri koskela2 abstract supply chain management scm is a concept that has flourished in manufacturing, originating from justintime jit production and logistics. Supply chain management represents a significant shift in the way that organizations function, including changes in the integration and coordination of supply, demand, and relationships in order to satisfy customers in an effective and profitable manner both in. Chuck intrieri is a highly experienced and credentialed supply chain management professional and is a recognized thought leader and innovator, primarily in the areas of supply chain optimization, lean initiatives, operations, manufacturing, third party logistics 3pl international purchasingimporting, inventory management and logistics, strategic sourcing, and procurement operations.
Preface to supply chain management concepts, techniques and. For instance, nike was accused of using child labor in its suppliers factories in 1996. Concepts, techniques, and practices by reading this book, readers can better understand supply chain and supply chain management, and can use the theory and methods presented in the book to solve supply chain management practical problems. With the supply chain covering a broad range of disciplines, the definition of what is a supply chain can be unclear. This is a brief introductory tutorial that explains the methodologies applied in the rapidly. When they needed to buy materials or services, they relied on purchasing departments that were seen primarily as order takers and order placers. The 7 principles of supply chain management supply chain 24.
The practice of supply chain management is guided by some basic underlying concepts that have not changed much over the centuries. A read is counted each time someone views a publication summary such as the title, abstract, and list of authors, clicks on a figure, or views or downloads the fulltext. More than 10 years pass and this article is considered the classic article and got republished in 2010, and again in 20. European journal of logistics purchasing and supply chain management vol. Scm has been researched by a number of different disciplines including marketing, logistics. Impact of supply chain management practices on organizational performance in food processing firms of dar es salaam, tanzania by asha a. A practical application of supply chain management principles. To understand the role that scma can play, it is important first to define supply chain management scm. One of the principal conclusions of the paper is that the application of scm in the local construction sector will require the introduction of several changes in the way that. Understand the concept and practice of reverse logistics detail the components of an effective logistics strategy explore the guidelines for creating a logistics strategy understand the role of the logistics function in supply chain management topics. Supply chain management is a key component of productivity and this has necessitated a paradigm shift in the way it is done. Thirty years ago, true supply chain management was almost unknown within american industry.
Provides a unique overview of supply chain management scm concepts, illustrating how the methodology can help enhance construction industry project success this book provides a unique appraisal of supply chain management scm concepts brought together with lessons from industry and analysis gathered from extensive research on how supply chains are managed in the construction industry. This article presents an objective overview of the supply chain management scm digitalization practices of leading companies in the automotive, machinery, high tech, and consumer goods industries. Relationship management affects all areas of the supply chain and has a dramatic impact on performance. Even ensuring timely handoff from manufacturer to shipper to supplier to shipper to buyer is a massive task, but to do it cost effectively and build net value is truly a challenge.
At that time, supply chain management scm was a pretty new term so this article did the excellent job to explain important supply chain management principles in one shot. This gl o macs procurement and supply chain management best practices training seminar explores key concepts forming the basis of procurement and supply chain management and moves through leading edge issues that confront organizations today. One of the most significant changes is the adoption of modern technology to enhance efficiency and accountability in the entire supply chain. Lean supply chain management principles derive from basic lean principles focus on the supplier network value stream eliminate waste synchronize flow minimize both transaction and production costs establish collaborative relationships while balancing cooperation and competition ensure visibility and transparency develop quick response capability. From materials logistics management to material requirements planning and other approaches to supply chain management, there are a variety of different theories and methods scms take for executing logistics. Integrating theory and practices of supply chain management, this book incorporates more than 15 years of supply chain and operations management research and industry consulting experience to both government and industry firms. Vendor managed inventory vmi is a technique developed in the mid 1980s, whereby the. Overseeing the movement of goods from supplier or manufacturer to point of sale. The coverage focuses on how to build a competitive supply chain using. With the signing of the nafta agreement in january 1, 1994, the united states saw its industry base change. Weve formalized this approach in quality driven management qdm by melding the best aspects of the top philosophies, including lean management, six sigma and total quality management, into a rigorous, yet flexible, scientific approach to quality.
Amazon is forcing its major competitors to invest more in supply chain automation, lessen the overall product delivery time, increase the number of warehouses, and even engage in product manufacturing. Pdf on jan 1, 2004, vorst and others published supply chain. Supply chain management in healthcare should ensure complete endtoend visibility of information among suppliers, manufacturers, distributors and customers. Justintime, lean manufacturing and agile manufacturing practices. Introduction to supply chains what is supply chain management. Scm is a complex topic to understand because it encompasses the management of many activities, and involves multiple roleplayers across divisional functions and organisations. A supply chain is a collection of suppliers required to create one specific product for a company. A collection of resources and commentary providing an introduction to supply chain management and related systems for students, practitioners, and anyone else interested in learning more about how to design, manufacture, transport, store, deliver, and manage products.
The coverage focuses on how to build a competitive supply chain using viable management strategies, operational models, decisionmaking techniques, and information. Supply chain management concepts shortly after your alarm clock goes off and the coffee maker kicks on, the aroma of your favorite coffee fills the air. It intends to lend manag ers and students insight in the consequences of managerial actions in succes. Important strategic concepts about supply chain management, including. The 7 principles of supply chain management supply chain.
Donlon 1996 stated that outsourcing, supplier partnership, information sharing, cycle time, compression and continuous process flow, as a part of supply chain management practices. Supply chain management prentice hall financial times in an increasingly. Cooper 2000 issues in supply chain management, industrial marketing. The coverage focuses on how to build a competitive supply. Procurement and supply chain management best practices glomacs.
Supply chain management, second editionis an indepth presentation of the concepts and techniques of the profession. In many cases, the information systems and technology required for the supply chain management effort are readily available and can be implemented within a relatively short time period, barring major technical mishaps. Mollel a dissertation submitted on partial fulfilment of the requirements award of the degree of masters of science in procurement and supply chain management msc of mzumbe university 2015. The chain is made up of nodes or links, which can include multiple manufacturers for parts, then the completed product, then the warehouse where it is stored, then its distribution centers, and finally, the store where a consumer can purchase it. Concepts, techniques and practices free strategic supply management. Fundamentals of supply chain management 8 introduction 1ntroduction i 1. The different types of supply chain management methods and. The supply chain is responsible for getting those coffee beans across the world and to your kitchen. Many of the executives expressed broad concerns regarding supply chain risks. This guide signals a change in attitude to management of the supply chain in the public sector and its messages are also targeted at suppliers to the public sector key messages strike a balance effective supply chain management is a question of allocating management of the supply chain to the parties best placed to understand and coordinate the.
Provides a unique overview of supply chain management scm concepts, illustrating how the methodology can help enhance construction industry project success this book provides a unique appraisal of supply chain management scm concepts brought together with lessons from industry and analysis gathered from extensive research on how supply chains are managed in the construction. Concept based notes principles and practices of management. Sc1x supply chain and logistics fundamentals lesson. Implementing best purchasing and supply management. Current concepts and solutions for reliability and robustness. Production variety funnel is a visual mapping technique that plots the number of product variety at each stage of the. This book, developed in collaboration with the rutgers center for supply chain management and based upon research projects conducted with over 100 participating corporations, combines theory and practice in presenting the concepts necessary for strategic implementation of supply chain management techniques in a global environment. The coverage focuses on how to build a competitive supply chain using viable management strategies, operational models. Introduction in the current competitive scenario supply chain management assumes a significant importance and calls for serious research attention, as companies are challenged with finding ways to meet everrising customer expectations at a manageable cost. Any supply chain management practice and activities is captured by the. But, as weve already mentioned briefly, moral issues can have an effect on the bottom line. Modern supply chain management and supply chain management best practices is a financial pursuit as well. The healthcare supply chain involves the flow of many different product types and the participation of several stakeholders. Supply chain management can be defined as the management of flow of.
Pdf supply chain managementa guide to best practice. I worry about supply risks in general, whether its from natural disasters or things like a troubled supplier or a variety of issues with the whole supply chain risk piece, one participant said. The objective of this paper is to familiarize the student with basic management concepts and behavioral processes in the organization. Integrating conceptual models, including the strategic supply wheel, with a host of practical examples, the. Supply chain management deals with the management of materials, information, and financial flows in a network consisting of suppliers, manufacturers, distributors, and customers. Supply chain management is concerned with the efficient integration of suppliers, factories, warehouses and stores so that merchandise is produced and distributed.
Supply chain management i about the tutorial supply chain management can be defined as the management of flow of products and services, which begins from the origin of products and ends with the products consumption at the enduser. The strategic management process that unifies the systematic planning and. A brief history of modern supply chain management and best. Lean supply chain management principles and practices. Procurement and supply chain management best practices. Concepts, techniques and practices enhancing value through collaboration li, ling on. Supply chain management definition and importance of its. Manufacturers usually made most of the parts that went into their finished products.
According to chopra and meindl 2001, scm engages the management of flows between and among stages in a supply chain to minimize total cost. Introduction to distribution and logistics overview. Basic concepts of supply chain management alexander the great based his strategies and campaigns on his armys unique capabilities and these were made possible by effective supply chain management. This study demonstrates forecasting practices in supply chain management scm at various areas, particularly life science, retail chain, and fmcg.
Principles, theories and world bank training program managing procurement and the advantages of the supply chain management for small companies. Featured companies swisslog buytasker bristlecone 3gtms creative logistics solutions shiptrack aimms perficient locus legacy supply chain services all supply chain companies. Supply chain management in public sector procurement. International supply chain management and collaboration practices. As the name implies, supply chain management scm is handling and optimizing all the many complicated facets of a supply chain, involving goods and services. One of the most cited concepts of the supply chain management literature will be. In the right quantities to the right locations at the right time in order to minimize total system cost. Supply chain management perspectives, practices, and. If you go to a supermarket and pick up a few items off the shelf from electronics and white goods or even clothes and look at the labels, the chances are that you will find them having been manufactured in china or mexico. The good news is that supply chain best practices can work for any organization that wants to. Jun 19, 2019 from materials logistics management to material requirements planning and other approaches to supply chain management, there are a variety of different theories and methods scms take for executing logistics. Many companies created operations in mexico because it was cheaper and more profitable to operate there.
Value is the amount consumers are willing to pay for what a company provides and it is. Fundamentals of supply chain management kenyatta university. Pdf a study of forecasting practices in supply chain. Purchasing and supply management practices lessons from innovative commercial firms nancy y.
Learn more about the more common ones in this article. Supply chain management practices as a multidimensional construct that encompasses upstream and downstream sides of supply chain li et al, 2006. Much of the material presented in this chapter and in the next two chapters can be found in greater detail in these two books. Implementing best purchasing and supply management practices.