What is Supply Chain Management

15 thoughts on “What is Supply Chain Management

    • morgan_barnes1

      Supply chain is the network of people and organizations that trade recourses and technologies involved in creating a product from raw materials to finished products. Supply chain management is the overseeing of this process to gain competitive advantage in the marketplace, doing this well can cut costs.

    • Ethan_imler

      The supply chain is a network that involves each step of the process when creating a product. Everything from sourcing raw materials to delivering the product to the consumer. The purpose of supply chains is to stay organized while also keeping costs as low as possible. The supply chain is the link between all aspects of the production process. A successful supply chain will contribute to a cohesive operation within a company.

    • aliahcepeda

      Supply chain is a connected network of individuals organizations resources activities and technologies involved in manufacturing . It starts with raw materials from a supply chain and ends with the product ready to be sold. Supply chain management is maximizing the customers value by controlling all production ,distribution ,and shipment of product.

    • jordandm8484

      Supply chain management is the culmination of all processes involved in the manufacturing or sale of a product. These processes include the individuals involved, organizations, resources, activities, technologies, and sales/manufacturing. The supply chain begins when raw materials are sent off to the manufacturer, to then be distributed to retailers that will sell that finished product. Supply chain management is the handling of this, from start to finish. Good supply chain management is apart of what makes successful businesses successful. It allows all of the steps to flow smoothly without any issues.

    • ANGELINA_MARRERO

      Organizations, resources, sales, and activities are all combined in supply chain networks. By eliminating goods and services, they want to save costs and maintain their competitiveness in the market. These chains regulate production, transportation, and product details, allows businesses to reduce wasteful spending and improve delivery of their goods. For efficient corporate operations, supply chains and management are crucial.

    • Marbelin_Aracena

      Supply chain management is about the organization and advancement of several processes related to bringing a product from its creation into the hands of the customer.

    • emilygxan

      Supply chain management is when a business is sending over a raw type of material to a manufacturer. It’s in charge of sourcing, planning, and shipping. This is very important for a business and this repeated cycle is how a business runs for success results. For a business to proceed well, the supply chain management needs to have a well effective, and cheap realiable cycle of supply and service. Also deals with returns and damaged goods.

    • iSeeEric11

      A supply chain’s beginning is when a business sends raw materials to manufacturers. The logistics of the complete supply chain, which consists of five major components, are managed by the supply chain manager as part of supply chain management. They include strategic planning, acquiring goods and services,  production,  shipping and logistics, and a system for returning damaged or undesired goods.

    • isis69

      Supply chain management encompasses planning, sourcing, manufacturing, and delivery processes to ensure efficient and effective movement of products or services across the supply chain in order to get the best product out to the public, it deals with being able to balance many things and put many components of the business together for an end result to satisfy the customer.
      In summary, supply chain management focuses on integrating and managing the flow of materials, information, and resources across the entire supply chain to achieve operational excellence and deliver value to customers.

    • jasmina_amirkulova

      Supply chains are connected networks involving organizations, resources, sales, and activities. They aim to reduce costs and remain competitive in the business world by streamlining goods and services. These chains control production, shipping, and product descriptions, enabling companies to cut excess costs and deliver products faster. Supply chains and management are essential for successful business operations.

    • Taylor05

      Supply chain management is the process in which a garment or good is manufactured from start to finish. It starts with the raw material used for said goods which is then sent to wherever the assembly team is, that is if the fabric doesn’t need to be dyed beforehand. After that the goods are sent to the potential seller who will sell the goods in the store and split the profit with the original brand or it will go straight to the consumer’s hands.

    • mykie

      Supply Chain Mangement (SCM) manages the processes that allow the logistics to flow. the supply chain starts with the supplier of the raw materials to the retail store that sells directly to the consumer. People in supply chain management want to cut down the cost of production, shipment and distribution as much as possible. Businesses want to keep the supply chain as internal or private as possible. Businesses with the most cost effective and quickest working supply chains have vertical integration. (ie. Zara)

    • jhosephine

      A supply chain begins with some sort of company delivering raw materials to manufactures .There the manufactures start production. After production the end product is then delivered to the consumer. The supply chains also allows price reductions. This also allows the products to get to the consumer faster.

    • isis69

      Supply chain management is encompassing planning, is encompassing planning, sourcing, manufacturing, and delivery processes to ensure efficient and effective movement of products or services across the supply chain, which is shown in this video.
      In summary, supply chain management focuses on integrating and managing the flow of materials, information, and resources across the entire supply chain to achieve operational excellence and deliver value to the consumers and companies.

    • Christopher_sanchez

      Supply chain is a connected network. This usually involves organizations, resources, sales, activities, etc. A supply chain tend to start from the delivery of raw materials to manufactures and the delivery of the product to the end consumer. Some reasons why supply chains are formed are to help reduce cost and remain competitive in the business world. Supply chain is the management of the goods and services. This involves the active streamlining of a business supply side activity (Customer value or competitive advantage).
      How do these chains work. They usually try to control or link production, shipping and even description of a product. By being able to control these chains companies are able to cut excess cost and deliver products faster to retail stores. Just like logistics. Supply chains and management is needed in order to run successful businesses.

Leave a Reply