Supply Chain Management

Supply chain(1) Starting with unprocessed raw materials and en... management encompasses the planning and management of all activities involved in sourcing and procurementThe business functions of procurement planning, pu..., conversion, and all logisticsThe process of planning, implementing, and control... management activites. Importantly, it also includes coordination and collaboration with channel partnersMembers of a supply chain (i.e., suppliers, manufa..., which can be suppliers, intermediaries, third party service providers, and customers. In essence, supply chain management integrates supply and demand management within and across companies. Supply chain management is an integrating function with primary responsibility for linking major business functions and business processes within and across companies into a cohesive, high-performing business model. It includes all of the logistics managment activities noted above, as well as manufacturing operations, and it drives coordination of processes and activities with and across marketing, sales, productSomething that has been or is being produced. design, finance, and information technology. — as defined by the Council of Supply Chain Management ProfessionalsThe CSCMP is a not-for-profit professional busines... (CSCMPSee Council of Supply Chain Management Professiona...)