Chapter 14: Supply Chain Technology – Managing Information Flow
Supply chain management:
- the art and science of integrating the flows of products, information and financials through
the entire supply pipeline from the supplier’s supplier to the customer’s customer.
4 flows:
- products/services flow
- information flow
- financial/cash flow
- demand flow
Supply chain decision:
Planning and Execution funnel/horizon:
, Information requirements:
- Store inventory decisions are based on point-of-sale data
- Carrier selection is driven by delivery service goals
- Production schedules are derived from forecasts
Information connects the extended supply chain, providing cross ‐chain insights regarding
demand, customer orders, delivery status, inventory stock levels, and production schedules
Three principles supply chain information requirements:
- Meet quality standards to support fact-based decision-making
- Support multidirectional flows
- Provide decision support
- Information is the lifeline of business, driving effective decisions and actions, especially
critical to supply chain managers because their direct line of sight to supply chain processes
is very limited.
- A wide variety of information is needed for a supply chain to perform as anticipated
Supply chain management:
- the art and science of integrating the flows of products, information and financials through
the entire supply pipeline from the supplier’s supplier to the customer’s customer.
4 flows:
- products/services flow
- information flow
- financial/cash flow
- demand flow
Supply chain decision:
Planning and Execution funnel/horizon:
, Information requirements:
- Store inventory decisions are based on point-of-sale data
- Carrier selection is driven by delivery service goals
- Production schedules are derived from forecasts
Information connects the extended supply chain, providing cross ‐chain insights regarding
demand, customer orders, delivery status, inventory stock levels, and production schedules
Three principles supply chain information requirements:
- Meet quality standards to support fact-based decision-making
- Support multidirectional flows
- Provide decision support
- Information is the lifeline of business, driving effective decisions and actions, especially
critical to supply chain managers because their direct line of sight to supply chain processes
is very limited.
- A wide variety of information is needed for a supply chain to perform as anticipated
