Ads
related to: integrated supply chain explained for kids powerpoint ppt presentation template
Search results
Results From The WOW.Com Content Network
A supply chain is the network of all the individuals, organizations, resources, activities and technology involved in the creation and sale of a product. A supply chain encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end user.
Marketing should be emphasized by global supply chain managers to create customer value, satisfaction, and loyalty. Customer value, satisfaction, and loyalty lead to improved profit margins, which in turn leads to overall corporate growth. [5] Managers need to think about their strategies and the implication of the strategy on the entire supply ...
an "extended" supply chain includes suppliers of the immediate supplier and customers of the immediate customer; an "ultimate" supply chain includes all of the organizations involved in the supply of the product or service. In each case, the flow of information and finances is part of the chain as well as the product or service. [10]
Rapid technology development can increase integration difficulties and further increase costs. The requirement of different business skills venturing into new portions of the supply chain can be challenging for the firm. [9] Another problem that may stem from vertical integration is the collapse of goals among the various firms in a supply chain.
Global supply-chain governance (SCG) is a term that originated around the mid-2000. [1] It is a governing system of rules, structures and institutions that guide, control, and lead supply chains, through policies and regulations, with the goal of creating greater efficiency. [1]
Integrated Chain Management (ICM), also known as Integral Chain Management, is an approach for the reduction of environmental impact of product chains. Such a product chain exists out of an extraction phase, a production phase, a use phase and a waste phase.