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Supply chain management.(Checklist 172)
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Chartered Management Institute: Checklists: Operations andQuality
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October 1, 2005
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Copyright informationCOPYRIGHT 2005 Chartered Management Institute. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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[check] This checklist describes some of the key elements in supply chain management. It focuses on business analysis, supplier management, and partnerships and networks.
An integrated supply chain, where every organisation is working together to produce the simplest and most cost-effective flow of resources, is of importance to every supplier since supply chain activities can account for between 5 to 20 per cent of sales. Many businesses have come to recognise that the future lies not with individual firms, but with networks of allied organisations and technology has evolved to offer greater potential for cooperation.
Definition
Supply chain management is an ...
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