Supply Chain Management – An Overview

November 11, 2006 by Splatty  
Filed under Supply Chain Management

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Here is a link to an article from The Financial Express that provides a fairly good overview of the basics of supply chain management.

Their definition:

SUPPLY chain management (SCM) is the process of planning, implementing, and controlling the operations of the supply chain with the purpose to satisfy customer requirements as efficiently as possible. Supply chain management spans all movement and storage of raw materials, work-in-process inventory, and finished goods from point-of-origin to point-of-consumption. The term supply chain management was coined by consultant Keith Oliver, of strategy consulting firm Booz Allen Hamilton in 1982.

Supply Chain 101

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