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About Supply Chain Principles
This document provides an introduction to supply chain concepts and principles. It defines key terms like supply chain, raw materials, and finished products. The document explains that a supply chain involves information, financial, and physical resource flows from sourcing raw materials to delivering finished products to consumers. It also discusses how earlier approaches treated supply chain elements like manufacturing, transportation, and warehousing as separate activities, whereas the integrated supply chain concept sees them as interconnected parts of an overall system. The goal of a supply chain is to transform raw materials into finished products through planning, sourcing, manufacturing, and logistics processes across internal and external organizations.
Detailed Information
Author: | ['Nadia Mezghani'] |
---|---|
Publication Year: | 2020 |
Pages: | 11 |
Language: | English |
Format: | |
Price: | FREE |
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