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Introduction to Supply Chain Management

Introduction to Supply Chain Management. Unit Tutor Neil Towers N.Towers@umist.ac.uk. Principal Components of SCM. Strategic Management Logistics Marketing Relationship partnerships Best Practices Organisational behaviour (Croom et al, 2000). Supply Chain Concept.

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Introduction to Supply Chain Management

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  1. Introduction to Supply Chain Management Unit Tutor Neil Towers N.Towers@umist.ac.uk

  2. Principal Components of SCM • Strategic Management • Logistics • Marketing • Relationship partnerships • Best Practices • Organisational behaviour (Croom et al, 2000)

  3. Supply Chain Concept • It includes all parties and logistics operations from Supplier to Customer within a single system • The scope includes procurement, production and distribution operations • It extends across all organisational boundaries

  4. Supply Chain Concept continued • It is co-ordinated through an information system, accessible to all members • The Primary objective is service to Customers • The objectives of individual supply chain members are achieved through the performance of the chain as a whole (Houlihan, 1985)

  5. Definition of SCM “The set of entities, including suppliers, logistics services providers, manufactures, distributors and resellers through which materials, products and information flow” (Kopczak, 1997)

  6. Strategies for SCM • Focus on satisfying End Customers • Formulate & implement strategies that Capture and Retain End Customer business • Manage the Supply Chain Efficiently and Effectively

  7. Focus on processes

  8. New Retail Landscape • Globalisation of supply and demand • Commoditisation of core activities • Polarisation of wealth and time • Diversification with new categories • Redefinition by new channels

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