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About Chapter - 16 Supply Chain Management
This document discusses supply chain management and key concepts related to strategic sourcing. It compares supply chain and logistics, noting that supply chain management encompasses broader planning and coordination across the network, while logistics focuses on transportation and storage. Strategic sourcing aims to develop supplier relationships that support business needs beyond just cost, considering factors like quality, innovation and assurance of supply. The bullwhip effect describes how demand variability amplifies as it moves up the supply chain. Functional and innovative products require different supply chain approaches due to differences in their predictability, product life cycles, and variety. Total cost of ownership considers acquisition, ownership and post-ownership costs in sourcing decisions.
Detailed Information
Author: | ['Rocker Bros'] |
---|---|
Publication Year: | 2022 |
Pages: | 21 |
Language: | English |
Format: | |
Price: | FREE |
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