Integrative Philosophy Of Supply Chain Management

752 Words4 Pages
According to Christopher (1992), supply chain is a network of organizations that are involved, through upstream and downstream linkages, in the different processes and activities that produce value in the form of products and services delivered to the ultimate consumer. A supply chain is more than just a linear connection between the stakeholders: suppliers, manufacturers, retailers and end-consumers. The most important function of an integrated supply chain is to manage the flow of information, materials and money between the key participants. While differentiating “Supply Chain” from “Supply Chain Management”, the very first thing to understand is that supply chains exist whether they are managed or not. Every business or organization has…show more content…
The activities involved in managing the chain are what constitute Supply Chain Management. According to Cooper et al. (1997), supply chain management is “... an integrative philosophy to manage the total flow of a distribution channel from supplier to the ultimate user.” According to Stevens (1989) “The objective of managing the supply chain is to synchronize the requirements of the customer with the flow of materials from suppliers in order to effect a balance between what are often seen as conflicting goals of high customer service, low inventory management, and low unit cost.” SCM involves the following…show more content…
It is important that every link in the supply chain is strong enough to ensure a smooth and efficient outcome. One way to guarantee this is through supply chain analysis; a process in which each link of the supply chain is evaluated, separately and in relation to other links involved, with the goal of making the entire chain as cost-effective and time efficient as possible. References Beamon, B. M. (1998). Supply Chain Design and Analysis: Models and Methods. International Journal of Production Economics . Christopher, M. L. (1992). Logistics and Supply Chain Management. London: Pitman Publishing. James B. RIce, J., & Hoppe, R. M. (2001). Supply Chain vs Supply Chain: The Hype and The Reality. Supply Chain Management Review. Kanji, G. K., & Wong, A. (1999). Business Excellence model for supply chain management. TOTAL QUALITY MANAGEMENT, VOL. 10, NO. 8, 1147-1168. Kotler, P., & Armstrong, G. (2010). Principles of Marketing. Pearson. Mentzer, J. T. (2001). Supply Chain Management. SAGE Publications. Mentzer, J. T., DeWitt, W., Keebler, J. S., Min, S., Nix, N. W., Smith, C. D., & Zacharia, Z. G. (2001). Defining Supply Chain Management. JOURNAL OF BUSINESS LOGISTICS, Vol.22. Santos, S., Gouveia, J. B., & Gomes, P. (2007). Measuring performance in supply chain - a framework. International Journal of Advanced Technology & Engineering Research, pp
Show More
Related

  • Re-Entry Action Plan

    9259 Words  | 38 Pages

    “STRENGTHENING and RE-ALIGNING THE MARINDUQUE STATE COLLEGE EXTENSION SERVICES TOWARDS THE ROAD TO ASEAN COMMUNITY” ANA FE N. MOLATO, CoE, MPA ACKNOWLEDGEMENT Foremost, I would like to thank Jesus Christ, our Lord and Savior, for giving the good health, wisdom, strength, support and knowledge in exploring things so I can finish this endeavor. The completion of this Re-Entry Action Plan (REAP) on the extension Agenda of Marinduque State College will not be realized without

    Read More

More about Integrative Philosophy Of Supply Chain Management

Open Document