Presentation in Operations Management

Presentation in trading operations Management

Supply concatenation management

The University of Georgia

School of Business and Economics

Instructor: Natia Zedgenidze

Tbilisi

2011-01-10

Introduction

Supply reach is the dust of organizations, people, technology, activities, information and resources involved in sorrowful a fruit or service from supplier to customer. Supply range of a function activities transform natural resources, gross materials and components into a finished product that is delivered to the depot customer. In sophisticated supply chain systems, used products whitethorn re-enter the supply chain at any present where residual nurture is recyclable. Supply fetter link value chains. A typical supply chain begins with ecological and biological regulation of natural resources, followed by the human extraction of raw material, and includes several production links (e.g., component construction, assembly, and merging) before moving on to several layers of storage facilities of ever-decreasing size and ever much remote geographical locations, and finally reaching the consumer. These activities purchasing and outsourcing activities, confident(p) many other function that are important to the kin with suppliers and distributors.



Supply chain management includes determining transportation vendors, recognition and cash transfers, suppliers, distributors, accounts payable and receivable, warehousing and inventory, enact fulfillment and manduction customer, forecasting and production information. The objective is to build a chain of suppliers that focuses on maximizing value to the ultimate customer. Competition is no longer between companies, it is between supply chains. And those supply chains are often global.

Firms strive to profit their competitiveness via product customization, high quality, cost reductions, and speed to markets, added tenseness is placed on the supply chain. Effective supply chain management makes suppliers partners in the firm strategy to satisfy an dynamic marketplace. A competitive advantage may depend on a close long-term strategic relationship with a few suppliers.

Many of the exchanges encountered in the supply chain will therefore...

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