Elements of
World Class Supply Chain Management
ITC M10:U2:2.1-1
, Logistics vs. Supply Chain Management
Logistics management develops a plan
for the flow of products & information
through a business
Supply chain management aims at
coordinating the processes of all supply
chain members, both downstream
towards customers & upstream towards
suppliers.
SCM is linked together with cross-
company strategies and processes M10:U2:2.1-2
ITC
, Strategy is:
a planning activity focused on the long-term
decisions of the supply chain
These decisions include:
The choice of products & services to offer to customers
The structure of the logistics network & the supply chain
The capabilities the supply chain will specialise in
The types of relationship between supplier & customers
Strategic decisions have a significant
impact on the organisation!
ITC M10:U2:2.1-3
, Key Objectives of
Supply Chain Management
Responsiveness
Reliability
Delivery of value
ITC M10:U2:2.1-4
World Class Supply Chain Management
ITC M10:U2:2.1-1
, Logistics vs. Supply Chain Management
Logistics management develops a plan
for the flow of products & information
through a business
Supply chain management aims at
coordinating the processes of all supply
chain members, both downstream
towards customers & upstream towards
suppliers.
SCM is linked together with cross-
company strategies and processes M10:U2:2.1-2
ITC
, Strategy is:
a planning activity focused on the long-term
decisions of the supply chain
These decisions include:
The choice of products & services to offer to customers
The structure of the logistics network & the supply chain
The capabilities the supply chain will specialise in
The types of relationship between supplier & customers
Strategic decisions have a significant
impact on the organisation!
ITC M10:U2:2.1-3
, Key Objectives of
Supply Chain Management
Responsiveness
Reliability
Delivery of value
ITC M10:U2:2.1-4
