[PDF] LE SUPPLY CHAIN MANAGEMENT

What is supply chain management?

Supply chain management is the handling of the entire production flow of a good or service — starting from the raw components all the way to delivering the final product to the consumer.

What are the 4 elements of a supply chain?

There are four distinct elements that typically make up your Supply Chain. These are Integration, Operations, Purchasing & Procurement and Distribution & Logistics. Lean thinking can be applied to every element. Refers to the management of communications and information between the stakeholders in the supply chain.

Why is supply chain ethics important?

Ethics has become an increasingly important aspect of supply chain management, so much so that a set of principles called supply chain ethics was born. Consumers and investors are invested in how companies produce their products, treat their workforce, and protect the environment.

What is a supply chain control tower?

A supply chain control tower should provide end-to-end visibility across the supply chain — particularly into unforeseen external events. The tracking of orders from inception to fulfillment and managing the people, processes and data connected to the order as it moves through its lifecycle.