The coordinated set of techniques to plan and execute all steps in the global network used to acquire raw materials from vendors, transform them into finished goods, and deliver both goods and services to customers It includes chain-wide information sharing, planning, resource synchronization and global performance measurements
The design and management of seamless, value-added processes across organizational boundaries to meet the real needs of the end customer The development and integration of people and technological resources are critical to successful supply chain integration
Integrating management practices and information technology to optimize information and product flows among the processes and business partners within a supply chain
These applications are designed to help streamline production schedules, slash inventories, find bottlenecks and respond quickly to orders The supply chain refers to the complex network of relationships that companies maintain with trading partners in the course of manufacturing and delivering products
The systematic, strategic coordination of the traditional business functions and the tactics across these business functions within a particular company and across businesses within the supply chain for the purposes of improving the long-term performance of the individual companies and the supply chain as a whole
SCM refers to the analysis of and effort to improve a company's processes for product and service design, purchasing, invoicing, inventory management, distribution, customer satisfaction and other elements of the supply chain SCM usually refers to an effort to redesign supply chain processes in order to achieve streamlining
The process of materiel control including purchasing electronic and mechanical components using a variety of e-commerce data base sources and key vendors with an established track record
An attempt to coordinate processes involved in producing, shipping and distributing products, generally performed only by large corporations with large suppliers Private Trading Exchanges can extend Supply Chain Management to all trading partners regardless of size because they provide a central location to integrate information from all supply chain participants (See Exchange )
The delivery of customer and economic value through integrated management of the flow of physical goods and associated information, from raw materials sourcing to delivery of finished products to consumers more
The supply chain usually refers to the back-end operations that concern the supply of materials or components or products in support of business operations, e g shopfront sales and manufacturing
The optimization of the entire fulfillment process, from consumer purchase back through the retail store, retail DC, wholesaler, manufacturer DC, factory, raw material/component supplier, etc for greater responsiveness, speed, and efficiency It encompasses supply chain planning and supply chain execution
The process of optimizing delivery of goods, services and information from supplier to customer SCM is a set of business processes that encompasses a trading-partner community engaged in a common goal of satisfying the end customer
Management of all the activities along the supply chain from suppliers to internal logistics within a company and to distribution to customers This includes ordering, monitoring, billing, and so on
The integration of the supplier, distributor, and customer logistics requirements into one cohesive process to include demand planning, forecasting, materials requisition, order processing, inventory allocation, order fulfillment, transportation services, receiving, invoicing, and payment
The oversight of materials, information, and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer Supply chain management involves coordinating and integrating these flows both within and among companies to maximize efficiency and flexibility while minimizing costs
The management and control of all materials, funds, and related information in the logistics process from the acquisition of raw materials to the delivery of finished products to the end user
Describes the active management of the entire supply chain from supplier to customer SAP supports its customers with solutions that integrate information and decisions from the entire supply chain into a seamless, automated, and optimized information infrastructure It provides the framework for integrating strategic decision support, data warehousing, planning and simulation, forecasting and execution systems in a closed loop with core enterprise financial, logistics and human resource applications SAP delivers within its Supply Chain Management initiative the applications SAP Advanced Planner and Optimizer and SAP Logistics Execution System
supply chain management (see supplychainmanagement)
Silbentrennung
sup·ply Chain man·age·ment (see supplychainmanagement)