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Reflections
Reflections _ Lesson 1
The Enterprise, its Logistics and Supply Chains
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Reflections _ Lesson 1
The Enterprise, its Logistics and Supply Chains
1. Name the 3 Business Flows
Answer:
The 3 Business Flows are
a) Flow of materials and services from upstream to downstream along the supply chain
i.e. from suppliers to their customers
b) Flow of money from downstream to upstream i.e. after the delivery of goods/services
from customers to suppliers
c) Flow of data and information moving in both directions along the supply chain,
between the customers and suppliers, ensuring the required materials/services are
supplied and agreed money is paid
3. What is the difference between a ‘core supply chain’ and ‘extended supply chain’?
Answer
The difference between a ‘core supply chain’ and ‘extended supply chain’ are
the transactions of a ‘core supply chain’ is between a business organization and its
immediate (tier 1) suppliers and customers. Whereas the transactions of the ‘extended
supply chain’ includes all the suppliers’ suppliers upstream of the supply chain and all of
the customers’ customers (product intermediaries) downstream that handle an item
through to the end user or consumer.
XRX
Reflections _ Lesson 1
The Enterprise, its Logistics and Supply Chains
XRX
Reflections
Reflections _ Lesson 2
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