What is Supply Chain?

Key definitions:
According to Wikipedia, The supply chain is a
system of organizations, people, technology, activities,
information and resources involved in moving a
product or service from suppliers to customers.
A supply chain consists of all stages involved directly
or indirectly in fulfilling customer requests. The supply
chain not only includes the manufacturers and
suppliers, but also transporters, warehouses, retailers
and customer themselves. Sunil Chopra and Peter
Meindl.

What is Supply Chain?

A typical supply chain may involve a variety of
stages.
Customers
Retailers
Wholesalers/distributors
Manufacturers
Component/raw material suppliers.

Understanding Supply Chain

Management
More Specifically Supply Chain Management is:

A set of approaches used to efficiently integrate

- Suppliers
- Manufacturers
- Warehouses
- Distribution centres

So that the product is produced and distributed

- In the right quantities
- To the right locations
- And at the right time

System-wide costs are minimized and Service level

requirements are satisfied

Decision Phases in Supply Chain

Management

Process View of A Supply Chain

The supply chain process occurs in two ways, Cycle
View and Push/Pull view.
1.Cycle View
2. Push-Pull View