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About 2 Evolution of Supply Chain Management
This document provides a summary of a lecture on the evolution of supply chain management over the past 100 years. It discusses three major phases: 1) The Ford supply chain model from 1910-1920 which integrated the entire supply chain from raw materials to distribution. Ford could deliver a car in just 81 hours. 2) The Toyota model from the 1950s-1960s which developed a pool of vendors to supply components rather than owning all aspects of production. This introduced more flexibility. 3) The Dell supply chain model starting in the late 20th century which leveraged information technology to customize products for each customer based on real-time data sharing with vendors.
Detailed Information
Author: | ['anuragnirmal'] |
---|---|
Publication Year: | 2021 |
Pages: | 11 |
Language: | English |
Format: | |
Price: | FREE |
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