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order management, distribution across all channels, and delivery to the customer. [Supply
chain council]
7. The systematic, strategic, coordination of the traditional business functions within a
particular company and across business within the supply chain, for the purposes of
improving the long term performance of the individual companies and the supply chain
as a whole. SCM is a management process that deals with inbound and outbound flows
from the perspective of the focal organization, its suppliers, and its customers.
[University of Tennessee SC research Group]
8. The movement of materials as they flow from their source to the end customer. Supply
Chain includes purchasing, manufacturing, warehousing, transportation, customer
service; demand planning, supply planning and Supply Chain management. It is made up
of the people, activities, information and resources involved in moving a product from its
supplier to customer. Although this Supply Chain definition sounds very simple,
effective management of a Supply Chain can be a real challenge.
[http://www.supplychaindefinitions.com/]
9.
Companies involved in various stages of this process are linked to each other through a supply
chain. To facilitate the flow of products, information is shared up and down the supply chain, i.e.
with suppliers and clients. This sharing of information enables all parties to plan appropriately to
meet current and future needs. Numerous goals can be achieved through successful supply chain
management:
The more the companies within a supply chain are able to integrate and coordinate their
activities, the more likely they'll be to optimize the flow of goods from supplier to customer and
to react efficiently to changes in demand.