Supply Chain
Management 11
© 2014 Pearson Education, Inc. 11 - 1
, Learning Objectives
When you complete this chapter you
should be able to:
1. Explain the strategic importance of the supply
chain
2. Identify six sourcing strategies
3. Explain issues and opportunities in the supply
chain
4. Describe the steps in supplier selection
5. Explain major issues in logistics management
6. Compute percent of assets committed to
inventory and inventory turnover
© 2014 Pearson Education, Inc. 11 - 2
, Supply-Chain Management
The objective of supply chain
management is to coordinate
activities within the supply chain
to maximize the supply chain’s
competitive advantage and
benefits to the ultimate consumer
© 2014 Pearson Education, Inc. 11 - 3
, The Supply Chain’s Strategic
Importance
▶ The coordination of all supply chain
activities, starting with raw materials
and ending with a satisfied customer
▶ Includes suppliers, manufacturers
and/or service providers, distributors,
wholesalers, retailers, and final
customer
© 2014 Pearson Education, Inc. 11 - 4
Management 11
© 2014 Pearson Education, Inc. 11 - 1
, Learning Objectives
When you complete this chapter you
should be able to:
1. Explain the strategic importance of the supply
chain
2. Identify six sourcing strategies
3. Explain issues and opportunities in the supply
chain
4. Describe the steps in supplier selection
5. Explain major issues in logistics management
6. Compute percent of assets committed to
inventory and inventory turnover
© 2014 Pearson Education, Inc. 11 - 2
, Supply-Chain Management
The objective of supply chain
management is to coordinate
activities within the supply chain
to maximize the supply chain’s
competitive advantage and
benefits to the ultimate consumer
© 2014 Pearson Education, Inc. 11 - 3
, The Supply Chain’s Strategic
Importance
▶ The coordination of all supply chain
activities, starting with raw materials
and ending with a satisfied customer
▶ Includes suppliers, manufacturers
and/or service providers, distributors,
wholesalers, retailers, and final
customer
© 2014 Pearson Education, Inc. 11 - 4