Supply chain management

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For the journal, see Supply Chain Management (journal).

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v t e

Supply chain management managing complex and dynamic supply and demand networks.^[1] (cf. Wieland/Wallenburg, 2011)

Supply chain management (SCM) is the management of the flow of goods and services.^[2] It includes the movement and storage of raw materials, work-in-process inventory, and finished goods from point of origin to point of consumption. Interconnected or interlinked networks, channels and node businesses are involved in the provision of products and services required by end customers in a supply chain.^[3] Supply chain management has been defined as the "design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand and measuring performance globally."^[4]

SCM draws heavily from the areas of operations management, logistics, procurement, and information technology, and strives for an integrated approach.^[5]

Contents

  [hide] 

• 1Origin of the term and definitions
• 2Functions
• 3Importance
• 4Historical developments
  • 4.1Creation era
  • 4.2Integration era
  • 4.3Globalization era
  • 4.4Specialization era (phase I): outsourced manufacturing and distribution
  • 4.5Specialization era (phase II): supply chain management as a service
  • 4.6Supply chain management 2.0 (SCM 2.0)
• 5Business process integration
• 6Theories
• 7Supply chain centroids
• 8Tax efficient supply chain management
• 9Sustainability and social responsibility in supply chains
• 10Components
  • 10.1Management components
  • 10.2Reverse supply chain
• 11Systems and value
• 12Global applications
• 13Supply Chain Consulting
  • 13.1Companies in the field
• 14Certification
• 15Supply chain management college-level education
• 16See also
• 17References
• 18Further reading
• 19External links