Fundamentals of Supply Chain Management

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📋 Course Outline

  1. Supply Chain Definition
  2. Supply Chain Flows
  3. Closed-Loop Logistics
  4. Supply Chain Objectives
  5. Supply Chain Strategies
  6. Supply Chain Process Views
  7. Responsiveness vs. Efficiency
  8. Strategic Fit & Production
  9. Forecasting Techniques
  10. Location Strategies
  11. Purchasing Management
  12. Sustainable Supply Chain

📖 1. Supply Chain Definition

🔑 Key Concepts & Definitions

  • Supply Chain: A network of entities involved in getting a product or service from its origin to the customer, including suppliers, manufacturers, distributors, retailers, and end consumers. It encompasses all organizations, people, activities, information, and resources involved in moving a product from supplier to customer (source content).

  • Within organizations, supply chain: Integrates various functions such as product development, marketing, operations, distribution, finance, and customer service to coordinate efforts and streamline processes (source content).

📝 Essential Points

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Преглед на теста

1. What is a key characteristic that defines a supply chain?

2. How do physical flow and information flow in a supply chain differ from each other?

3. In the chronological development of supply chain concepts, when did the idea of closed-loop logistics emerge in relation to traditional supply chain management?

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Преглед на флашкартите

Supply Chain — definition?

Network of entities delivering products/services from origin to customer.

Supply chain flows — components?

Physical, information, and fund flows.

Closed-Loop Logistics — mechanism?

Includes product returns for recycling, remanufacturing, disposal.

Supply Chain Objectives — main goals?

Satisfy customer needs and generate profit.

Supply Chain Strategies — focus?

Sustainability, environmental, and social considerations.

Process Views — types?

Strategic, tactical, and operational decisions.

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