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  • Five Areas: To Consider in Supply Chain Management

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    Eloisa Cara
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    This document outlines five key areas to consider in effective supply chain management: 1) Production - determining customer demand and production levels/timing, 2) Inventory - managing stock levels of raw materials, works in progress, and finished goods, 3) Location - identifying optimal locations for facilities and inventory storage, 4) Transportation - efficiently moving inventory between supply chain locations, and 5) Information - collecting and sharing the appropriate amount of data. It also lists the main participants in a supply chain as producers, distributors, retailers, customers, and service providers.

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    This document outlines five key areas to consider in effective supply chain management: 1) Production - determining customer demand and production levels/timing, 2) Inventory - managing stock levels of raw materials, works in progress, and finished goods, 3) Location - identifying optimal locations for facilities and inventory storage, 4) Transportation - efficiently moving inventory between supply chain locations, and 5) Information - collecting and sharing the appropriate amount of data. It also lists the main participants in a supply chain as producers, distributors, retailers, customers, and service providers.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    20 views8 pages

    Five Areas: To Consider in Supply Chain Management

    Uploaded by

    Eloisa Cara
    This document outlines five key areas to consider in effective supply chain management: 1) Production - determining customer demand and production levels/timing, 2) Inventory - managing stock levels of raw materials, works in progress, and finished goods, 3) Location - identifying optimal locations for facilities and inventory storage, 4) Transportation - efficiently moving inventory between supply chain locations, and 5) Information - collecting and sharing the appropriate amount of data. It also lists the main participants in a supply chain as producers, distributors, retailers, customers, and service providers.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    of 8

    FIVE AREAS

    TO CONSIDER IN
    SUPPLY CHAIN
    MANAGEMENT

    Production
    What products does the market
    want?
    How much of which products
    should be produced and by
    when?

    Inventory
    What inventory should be
    stocked at each stage in a
    supply chain?
    How much inventory should be
    held as raw materials,
    semifinished, or finished goods?

    Location
    Where should facilities for
    production and inventory
    storage be located?
    Where are the most cost
    efficient locations for production
    and for storage of inventory?
    Should existing facilities be
    used or new ones built?

    Transportation
    How should inventory be
    moved from one supply chain
    location to another?

    Information
    How much data should be
    collected and how much
    information should be shared?

    PARTICIPANTS
    IN
    SUPPLY CHAIN

    Producer
    Distributors
    Retailers
    Customers
    Service Providers

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