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About 1 Understanding The Supply Chain
The document discusses key concepts about supply chain management including: 1) A supply chain includes all parties involved in fulfilling a customer request, from raw material suppliers to manufacturers to distributors to retailers and customers. 2) The objective of supply chain management is to maximize overall value created across the supply chain by balancing revenue generated from customers against total costs. 3) Supply chain decision making occurs in three phases - design, planning, and operations - with different time horizons and levels of uncertainty at each phase.
Detailed Information
| Author: | ['swidyarto'] |
|---|---|
| Publication Year: | 2012 |
| Pages: | 6 |
| Language: | English |
| Format: | |
| Price: | FREE |
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