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Russell, R. S., & Taylor,B. Operations and Supply Chain Management,8th Edition. Wiley, 2013-12-02. VitalBook file.

Effective supply chain management involves a though and current knowledge of any company. Analyzing market trends and correctly forecasting the potential changes in sales in the upcoming season is necessary to stay on top of changes in any organization that could affect the organization bottom line down the road. In addition, communicating those potential changes to the rest of the supply chain (upstream and downstream) is imperative if the company want to get the maximum possible profit margin while still maintaining product quality and presenting a legitimate value proposition to your customers (Zidane, 2016).

To start, Schroeder, R., Goldstein, S., and Rungtusanatham define supply chain as “the set of entities and relationships that cumulatively define materials and information flows both downstream toward the customer and upstream toward the very first supplier.” Schroeder, R., Goldstein, S., and Rungtusanatham goes on to identify supply chain management as “the design and management of seamless, value-added processes across organizational boundaries to meet the real needs of the end customer.” Organizations have to prepare themselves to the best of their ability in order to provide or their customers. Customers expect to receive the upmost service, regardless of the type of organization they make contact with.

Many companies produce products from parts of raw materials that are purchased from suppliers, till these products are reach the markets and presented for the customers, then you have the supply chain starting from the purchase of raw material from different areas , through the manufacturing steps and stages till is being sold by the consumer. Some of supply chains are well defined and easy to determined, while there are other supply chains complex to analyze. However, supply chains vary with the size of the facility such as; complexities, performance, abilities, flexibility, quality, speed, dependability and cost of preparing goods for manufacturing and the chain length distribution. So the supply chain is a network of wholesalers, retailers, distributors, workers in the transport, storage facilities, suppliers, and manufacturers who participate in the production, delivery and sale of the product to the last consumer. A supply chain is a group of facilities that coordinate activities among it and to avoid the competitors. Moreover, to ensure the supply chain management is operating efficiently and generating the highest level of customer

Supply chains represent the procurement, production and distribution activities of an organisation. Within a supply chain, these activities are viewed as linked and reliant on one another to produce the final outcome. It is believed that if one component of the chain fails, the whole chain is broken and product/service delivery goals will not be achieved.

Stages of the product supply chain or network design, location of raw material in relation to the manufacturer, distributor, retailer and consumer, etc.

Chopra, S., Meindl, P., & Vir Kalra, D. (2016). Supply chain management: strategy, planning, and operation (6 ed.). (pp. 441). Person. Retrieved October 7, 2017

The article is very authoritative. One author, David Lynch, is a professor of supply chain management at Arizona State University at Tempe. Another author is Steven Golen, is an associate professor of

A supply chain is a network of retailers, distributors, transporters, storage facilities, and suppliers that participate in the production, delivery, and sale of a product to the consumer. Therefore, both companies focus on three key parts: which

14. (TCO E) What additional complexities are faced in global supply chains?  How does the Internet help in managing global supply chains?

6. In your opinion, what are the key lessons from this case study for supply chain managers?

Supply chain management is a set of facilities and services that enables deliverance of raw material for production purposes to customers through various channels. The goal of an efficient supply chain management is to improve value and make cost least in accordance with demands customers make. Hence supply chain is the most critical art of any business. Also that supply chain of different companies are different so it is possible to get a desired supply chain by incorporating needs and demand of costumers and implementing them in procedures that makes logistic network efficient (Pejak, 2015).

Over the years, the competition landscape for most companies has shifted from the highest-quality, lowest priced product or best performing product to the ability to respond to market needs quickly and get the right product at the right time to the right customer. This has in turn forced organizations to compete with their supply chain. Understanding supply chain management and putting this knowledge into practice has become a mandate to improve supply chain relationships in the entire world.

Supply Chain Management (SCM) is the management and administration of a network of interconnected enterprises involved in the fundamental provision of product and service packages required by end customers. This complex discipline is the systematic and strategic coordination of traditional business functions and the tactics across those business functions within a particular company and across businesses within that company’s supply chain. The end effect is improving long term performance of the company, the companies within the supply chain, and the supply chain as a whole for competitive advantage. Keith Oliver, an analyst working for the consulting firm Booz Allen Hamilton, coined the term “Supply Chain Management” in

Supply chains has been relevantly defined as a “system of organizations which are convoluted through upstream and downstream linkages, in the diverse methodologies and activities that create benefit in the form of services and products in the hands of a definitive consumer”, and is therefore the sum total of efforts in integrating a network of firms and coordination as regards information, material and financial flows. Interestingly, the two main supply chain objectives have moved, from decreasing operating expenses and general inventory levels, to the concerns of how to enhance the customer service and the momentum of product delivery to the business sectors.