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ABHINAV M S3 MBA
DEFINITION
Supply Chain Management is a set of synchronized decisions and activities utilized to efficiently integrate suppliers, manufacturers, warehouses, transporters, retailers, and customers so that the right product or service is distributed at the right quantities, to the right locations, and at the right time, in order to minimize system-wide costs while satisfying customer service level requirements.
1960s-1970s
Introduction of new computer technology lead to development of Materials Requirements Planning (MRP) and Manufacturing Resource Planning (MRPII) to coordinate inventory management and improve internal communication
Distribution
Transportation management, customer relationship management, distribution network, perfect order fulfillment, global supply chains, service response logistics
Process integration, performance measurement
Integration
REFERENCES
Sunil Chopra and Peter Meindi, Supply Chain Management,2nd ed.(Pearson Education,2004) Docstoc.com Scribd.com Mbadownloads.com
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