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  2. Supply chain management - Wikipedia

    en.wikipedia.org/wiki/Supply_chain_management

    In commerce, supply chain management (SCM) deals with a system of procurement (purchasing raw materials/components), operations management, logistics and marketing channels, through which raw materials can be developed into finished products and delivered to their end customers.

  3. Supply chain - Wikipedia

    en.wikipedia.org/wiki/Supply_chain

    A supply chain is a complex logistics system that consists of facilities that convert raw materials into finished products and distribute them [1] to end consumers [2] or end customers. [3] Meanwhile, supply chain management deals with the flow of goods in distribution channels within the supply chain in the most efficient manner. [4] [5]

  4. Logistics - Wikipedia

    en.wikipedia.org/wiki/Logistics

    A warehouse in South Jersey, a U.S. East Coast epicenter for logistics and warehouse construction outside Philadelphia, where trucks deliver slabs of granite [1]. Logistics is the part of supply chain management that deals with the efficient forward and reverse flow of goods, services, and related information from the point of origin to the point of consumption according to the needs of customers.

  5. Global supply chain management - Wikipedia

    en.wikipedia.org/wiki/Global_supply_chain_management

    Global logistics and supply chain management are critical components of international business operations, ensuring the seamless flow of goods, information, and services across borders. This field involves the strategic planning, coordination, and optimization of all activities related to sourcing, production, distribution, and logistics on a ...

  6. Logistics engineering - Wikipedia

    en.wikipedia.org/wiki/Logistics_engineering

    While logistics looks at single echelons with the immediate supply and distribution linked up, supply chain looks at multiple echelons/stages, right from procurement of the raw materials to the final distribution of finished goods up to the customer. It is based on the basic premise that the supply and distribution activities if integrated with ...

  7. Supply chain optimization - Wikipedia

    en.wikipedia.org/wiki/Supply_chain_optimization

    Typically, supply-chain managers aim to maximize the profitable operation of their manufacturing and distribution supply chain. This could include measures like maximizing gross margin return on inventory invested (balancing the cost of inventory at all points in the supply chain with availability to the customer), minimizing total operating expenses (transportation, inventory and ...

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