INTRODUCTION : CHAPTER 01

What is supply chain ?

Supply chain is a system of , organizations , people, activities , technology , information and resources involved in moving products from a supplier to a customer

BULLWHIP EFFECT

Information demand of a product get distorted as it passes from one entity to the next across the supply chain

IMPORTANT ELEMENTS OF SUPPLY CHAIN

Operations , Distributions , Purchasing and Integration

TYPES OF SUPPLY CHAIN ( CUSTOMER SUPPLIER CHARACTERISTICS0

Service chains , concentrated chains , retail and distributions chains and batch manufacture chains

SERVICE CHAINS

Implement the mission statements of organizations. for example hospitals , banks and insurance companies which are concerned with delivery services

CONCENTRATED CHAINS

Are found in businesses with few customers and many suppliers who apply electronic data interchange and required just in time deliveries . for example , automotive industry

VMI

Vendor managed inventory

RETAIL AND DISTRIBUTIONS CHAINS

Compromise many customers but relatively few sellers which apply vendor managed inventory software.

BATCH MANUFACTURE

Consists of many suppliers with complicated relationship webs.