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Supply Chain of Milk
Supply Chain of Milk
Supply Chain of Milk
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Definition
A supply chain is the alignment of firms that brings products or services to the market
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- from Lambert, Stock and Ellram. (Lambert, Douglas M., James R. Stock, and Lisa M. Ellram, 1998, Fundamentals of Logistics Management, McGraw Hill, Chapter 14).
Supply chain management is concerned with managing the flow of materials and information between a string of operations that form the strands or chains of a supply network. The supply chain concept applies to the internal relationships between processes and the external relationships between operations. Logistics It is the function responsible for the flow of materials from suppliers into
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Logistic s
Customer s Customer s
Retailers Wholesalers
Main Objectives
Each operation in the chain should contribute to whatever mix of quality, speed, dependability, flexibility and cost that the end customer requires.
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The central objective of supply chain management is to satisfy the needs of the end customer.
Main Objectives
To define the supply chain responsibilities to a core service competency. To decrease time and cost of getting end user customer products in required quantity at the place of requirements.
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Bibliography
Google Books - Essentials of Supply Chain Management, By Michael H. Hugos. Operations and Process Management: Principles and Practice for Strategic Impact, By: Nigel Slack, Stuart Chambers, Robert Johnston, Alan Betts. Google search and Google Images
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Questions?
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