Week 03

Business Functions and Supply

Chain
 Supply Chain Management

• A supply chain is a group of entities that are directly linke

d by one or more of the upstream and downstream flows
from a source to a customer.
• It is the management of a network of interconnected
businesses involved in providing end-
customers with the ultimate product and service
packages.
 Supply Chain Management

Supply chain management includes from point of origin to

point of consumption (supply chain) all transportation and
processing of raw materials, work-in-process stocks,
and finished goods.
Supply Chain Management Diagram
Benefits of Supply Chain Management System

 Higher Efficiency Rate

 Reduce Cost Effects
 Raise Output
 Raised Your Business Profit Level
 Boost Cooperation
 Lowers Delay in Processes
 Enhanced Supply Chain Network
Goals of Supply Chain Management System

 Collaborative Efficiency
 Higher Quality
 Enable Financial Success
 Stability
 Change Management
Supply Chain Management System-Process
Supply Chain Management System-Process
Supply Chain Management - Decision Phases
Supply Chain Management – Networks