CH.13 - SUPPLY CHAIN MANAGEMENT

Mngt system coordin/integrating all activities done by supply chain members

Research has shown a clear relationship between supply chain performance and both

Creation and maintenance of information technology systems connecting managers across the firms

Firm that provides functional logistics services to others

Outsourcing is also called....

Performance assessments should be transparent and measurable across firms

Operational strategy focused on creating inventory velocity and operational flexibility

Ability of 2 or more companies to develop social connections

Outsourcing of a business process from one country to another for economic advantage

Integration of environmental, social, economic thinking into all phases of Supply Chain Mgt

Transfer of an offshored activity from a distant to a nearby country

Direct channels are typical in ….

Requires firms to link seamlessly to outsiders providing goods and services to them

Multiple firms coordinate business processes so they are seamlessly linked to one another

Goal of supply mngt activities is to reduce the costs of raw materials/supplies.